Marine Electricals (India) Limited IPO Allotment Status Online

IPO

Marine Electricals (India) Limited IPO

NSE SME

Offer Date: Sep 28, 2018 - Oct 3, 2018

₹ 128000 /2000 Shares

28 Sep, 2018

Open Date

03 Oct, 2018

Close Date

09 Oct, 2018

Allotment Date

11 Oct, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 64/- to Rs 66/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Listing at NSE SME
  • Registrar Bigshare Services Private Limited
Allotment Overview

The allotment for the initial public offer (IPO) of Marine Electricals (India) Limited IPO is likely to be finalized on, Oct 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.

Subscription Details

The Marine Electricals (India) Limited IPO was open for subscription between Sep 28, 2018 - Oct 3, 2018 at a price band in the range of Rs 64/- to Rs 66/- Per Equity Share .

The Marine Electricals (India) Limited IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 13,10,000 0.43 times, while non-institutional investors' quota received 68 times subscription. The qualified institutional buyers (QIBs) portion was booked 62 times. Overall, the IPO was subscribed 75,78,000 1.23 times.

13,10,000 0.43x
Retail Investors
68x
Non-Institutional
62x
QIB
How to Check Marine Electricals (India) 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 Marine Electricals (India) Limited IPO if you have applied for it.

Check on IPO Ji
Steps to Check Marine Electricals (India) 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 Marine Electricals (India) 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 Marine Electricals (India) Limited IPO Allotment on BSE:
1 Go to BSE's IPO allotment page.
2 Choose Equity under the "Issue Type" dropdown.
3 Choose Marine Electricals (India) 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 Marine Electricals (India) Limited IPO Allotment on NSE:
1 Go to NSE IPO Allotment.
2 Select Marine Electricals (India) Limited IPO from the dropdown menu.
3 Enter your application number, PAN, and captcha
4 Click on "search" to see your allotment status.
Contact Information

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

Check on IPO Ji
FAQs

Ans. The Marine Electricals (India) Limited IPO allotment status will be available on Oct 9, 2018 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Marine Electricals (India) Limited IPO allotment status online:

  • Visit the Marine Electricals (India) Limited IPO allotment status page.
  • Click on the purple Marine Electricals (India) Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Marine Electricals (India) 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 Marine Electricals (India) Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Marine Electricals (India) Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Marine Electricals (India) Limited IPO allotment status is expected on Oct 9, 2018. Click the button Marine Electricals (India) Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.