The allotment for the initial public offer (IPO) of Azad Engineering Limited IPO is likely to be finalized on, Dec 26, 2023 . 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 Azad Engineering Limited IPO was open for subscription between Dec 20, 2023 - Dec 22, 2023 at a price band in the range of ₹499-524 per equity share.
The Azad Engineering Limited IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 23.66 times, while non-institutional investors' quota received 87.54 times subscription. The qualified institutional buyers (QIBs) portion was booked 179.66 times. Overall, the IPO was subscribed 80.57 times.
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 Azad Engineering Limited IPO if you have applied for it.
Steps to Check Azad Engineering Limited IPO Allotment Status on IPO Ji App/Website:
How to Check Azad Engineering Limited IPO Allotment on BSE:
How to Check Azad Engineering Limited IPO Allotment on NSE:
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.