Akshar Spintex Limited IPO Allotment Status Online

IPO

Akshar Spintex Limited IPO

BSE SME

Offer Date: Apr 27, 2018 - May 3, 2018

₹ 120000 /3000 Shares

IPO Details

27 Apr, 2018

Open Date

03 May, 2018

Close Date

09 May, 2018

Allotment Date

11 May, 2018

Listing Date

Issue Price

Rs 40 Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt. Ltd

Allotment Details

The allotment for the initial public offer (IPO) of Akshar Spintex Limited IPO is likely to be finalized on, May 9, 2018 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

The Akshar Spintex Limited IPO was open for subscription between Apr 27, 2018 - May 3, 2018 at a price band in the range of Rs 40 Per Equity Share .

The Akshar Spintex Limited IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 2,96,04,000 9.25 times, while non-institutional investors' quota received 32 times subscription. The qualified institutional buyers (QIBs) portion was booked 55 times. Overall, the IPO was subscribed 3,51,36,000 5.49 times.

How to Check Akshar Spintex Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Akshar Spintex Limited IPO if you have applied for it.

Steps to Check Akshar Spintex Limited IPO Allotment Status on IPO Ji App/Website:

  1. Launch the IPO Ji app on your mobile device or visit ipoji.com
  2. Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status) .
  3. Create your free account by Providing your PAN and Demat details. (one-time process)
  4. Choose Akshar Spintex Limited IPO from the list of available IPOs.
  5. Click on the Check Status button.
  6. Your allotment status will be displayed on the screen.

How to Check Akshar Spintex Limited IPO Allotment on BSE:

  1. Go to BSE's IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx).
  2. Choose Equity under the "Issue Type" dropdown.
  3. Choose Akshar Spintex Limited IPO from the "Issue Name" dropdown.
  4. Provide your Application Number and PAN ID.
  5. Tick the 'I am not a robot' box.
  6. Click on the "Search" button to view your status.

How to Check Akshar Spintex Limited IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Akshar Spintex Limited IPO from the dropdown menu.
  3. Enter your application number, PAN, and captcha
  4. Click on "search" to see your allotment status.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Akshar Spintex Limited IPO allotment status will be available on May 9, 2018 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Akshar Spintex Limited IPO allotment status online:

  • Visit the Akshar Spintex Limited IPO allotment status page.
  • Click on the purple Akshar Spintex Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Akshar Spintex Limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Akshar Spintex Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Akshar Spintex Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Akshar Spintex Limited IPO allotment status is expected on May 9, 2018. Click the button Akshar Spintex Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.