GEM Enviro IPO Allotment Status Online

The GEM Enviro IPO allotment status will be available on June 24, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check GEM Enviro IPO allotment status online:

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

GEM Enviro IPO allotment status is expected on June 24, 2024. Click the green button GEM Enviro IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If GEM Enviro IPO oversubscribed in the retail category, the GEM Enviro 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 GEM Enviro IPO shares will get listed on Wednesday, June 26, 2024. The equity share of GEM Enviro Management Limited will list on BSE SME.

The reason you didn't get the GEM Enviro 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).