Electrosteel IPO Allotment Status Online

Sorry. The tentative date of allotment for Electrosteel IPO is not available at this time.

Below are the steps to check Electrosteel IPO allotment status online:

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

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

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

Electrosteel IPO allotment status is expected on . Click the green button Electrosteel IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Electrosteel IPO oversubscribed in the retail category, the Electrosteel IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Electrosteel IPO shares will get listed on Friday, October 8, 2010. The equity share of Electrosteel Integrated Ltd will list on BSE, NSE.

The reason you didn't get the Electrosteel IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).