IREDA IPO Allotment Status Online

The IREDA IPO allotment status will be available on November 24, 2023, as per the timeline provided in the red-herring prospectus.

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

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

IREDA IPO allotment status is expected on November 24, 2023. Click the green button IREDA IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If IREDA IPO oversubscribed in the retail category, the IREDA 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 IREDA IPO shares will get listed on Wednesday, November 29, 2023. The equity share of Indian Renewable Energy Development Agency Ltd will list on BSE, NSE.

The reason you didn't get the IREDA 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).