Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Allotment Status Online

IPO

Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO

BSE SME

Offer Date: Sep 28, 2018 - Oct 12, 2018

₹ 102000 /2000 Shares

IPO Details

28 Sep, 2018

Open Date

12 Oct, 2018

Close Date

19 Oct, 2018

Allotment Date

23 Oct, 2018

Listing Date

Issue Price

Rs 51/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Karvy Computershare Private Limited

Allotment Details

The allotment for the initial public offer (IPO) of Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO is likely to be finalized on, Oct 19, 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO was open for subscription between Sep 28, 2018 - Oct 12, 2018 at a price band in the range of Rs 51/- Per Equity Share .

The Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 7,46,000 0.75 times, while non-institutional investors' quota received 20 times subscription. The qualified institutional buyers (QIBs) portion was booked 16 times. Overall, the IPO was subscribed 23,66,000 1.19 times.

How to Check Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO if you have applied for it.

Steps to Check Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Veeram Infra Engineering Limited (Vivid Mercantile Ltd) 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 Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO allotment status will be available on Oct 19, 2018 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO allotment status online:

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

Ans. Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO allotment status is expected on Oct 19, 2018. Click the button Veeram Infra Engineering Limited (Vivid Mercantile Ltd) IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.