Veritaas Advertising Limited IPO Allotment Status (Check Online)

IPO

Veritaas Advertising Limited IPO

NSE SME

Listed On: May 21, 2024 at ₹ 275.0

₹ 273600 /2400 Shares
Minimum Investment

13 May, 2024

Open Date

15 May, 2024

Close Date

16 May, 2024

Allotment Date

21 May, 2024

Listing Date

Veritaas Advertising Limited IPO Details

Issue Price
₹109-114 per equity share
Face Value
₹10 Per Equity Share
Lot Size
1200
Listing at
NSE SME
Registrar
Mas Services Limited
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Allotment Overview

The allotment for the initial public offer (IPO) of Veritaas Advertising Limited IPO has been finalized on May 16, 2024 and is now available to check. Investors can check their allotment status on the issue's registrar Mas Services Limited website, IPO Ji app/website, as well as on the BSE and NSE websites.

Subscription Details

The Veritaas Advertising Limited IPO was open for subscription between May 13, 2024 - May 15, 2024 at a price band in the range of ₹109-114 per equity share.

How to Check Veritaas Advertising 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 Veritaas Advertising Limited IPO if you have applied for it.

Steps to Check Veritaas Advertising Limited IPO Allotment on Mas Services Limited's Website:

1 Go to Mas Services Limited IPO page.
2 Choose Veritaas Advertising Limited IPO from the list.
3 Pick either PAN (Permanent Account Number), Demat Account number, or Application number.
4 Fill in the details based on your selected mode.
5 Enter the captcha code.
6 Click on the "Submit" button to view your allotment status.

Steps to Check Veritaas Advertising 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 Veritaas Advertising 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.

Allotment status on BSE and NSE

How to Check Veritaas Advertising Limited IPO Allotment on NSE:
2 Select Veritaas Advertising 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.

If you have any concerns or queries about the allotment status, contact Mas Services Limited either by phone or email. Investors can call on (011) 2610 4142 or send an email with all relevant details to ipo@masserv.com.

(011) 2610 4142
ipo@masserv.com

Frequently Asked Questions

Click any question to reveal the answer

Veritaas Advertising Limited IPO allotment status is finalised and available now as of May 16, 2024. You can check your allotment result on IPO Ji App and Website.

You can check the Veritaas Advertising Limited IPO allotment status online using PAN, Application Number, or DP Client ID:

  • Open the Veritaas Advertising Limited IPO allotment status page on IPO Ji.
  • Click Allotment Status.
  • Enter your PAN, Application Number, or DP Client ID.
  • Click Search to view your result.

Sample allotment result format:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 50
  • Shares Allotted: 50

There is no fixed or guaranteed expected listing price for the Veritaas Advertising Limited IPO. The listing price depends on overall market conditions, investor demand, and the company’s fundamentals. The grey market premium (GMP) can indicate market sentiment, but the actual listing price may be higher or lower than GMP expectations.

You can check the Veritaas Advertising Limited IPO allotment status on IPO Ji and on the registrar’s official website (Mas Services Limited) once the allotment is published.

The allotment is expected on May 16, 2024.

If the Veritaas Advertising Limited IPO is oversubscribed in the retail category, shares are allotted to Retail Individual Investors (RII) as per the allotment rules. Typically, investors may receive a minimum of 1 lot, subject to availability in the retail portion. If there are not enough shares to allot at least 1 lot to everyone, a lottery is conducted to decide the allotment.

The Veritaas Advertising Limited IPO listing date is May 21, 2024. The equity shares are expected to list on NSE SME.

Common reasons for not getting allotment in the Veritaas Advertising Limited IPO include:

  • Oversubscription: If the retail category is oversubscribed, allotment is done through a lottery, so many valid applications may not get shares.
  • UPI mandate / payment issue: The UPI mandate was not approved in time, or funds were not blocked successfully.
  • Application issue: The application may be rejected due to incorrect or mismatched details (PAN, DP ID/Client ID), or duplicate applications from the same PAN.
  • Bid issue (Retail/RII): If you applied in the retail category and did not bid at the cut-off price, and your bid price was below the final issue price, your application may not be considered.

The registrar for the Veritaas Advertising Limited IPO is Mas Services Limited.

If you don’t receive allotment in the Veritaas Advertising Limited IPO, the blocked amount (UPI mandate/ASBA) is usually released after the allotment is finalised. In most cases, it is unblocked within 24 hours, but it may take up to 1–2 working days depending on your bank.

If you are allotted shares, the required amount is debited from your bank account and the remaining balance (if any) is unblocked.