The basis of allotment for Sumit Woods IPO is available now.
The Sumit Woods IPO allotment status will be available on Wednesday, September 5, 2018, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Sumit Woods Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Sumit Woods IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Sumit Woods IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Sumit Woods Ltd. IPO IPO allotment status is expected on Wednesday, September 5, 2018. Click the green button Sumit Woods Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Sumit Woods IPO oversubscribed in the retail category, the Sumit Woods IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Sumit Woods Ltd. listing date is September 10, 2018. The equity shares of Sumit Woods Ltd. will list on NSE SME.
The reason you didn't get the Sumit Woods IPO could be: