Maks Energy IPO Allotment Status Online

The Maks Energy IPO allotment status will be available on September 23, 2022, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Maks Energy IPO allotment status online:

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

Maks Energy IPO allotment status is expected on September 23, 2022. Click the green button Maks Energy IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Maks Energy IPO oversubscribed in the retail category, the Maks Energy 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 Maks Energy IPO shares will get listed on Wednesday, September 28, 2022. The equity share of Maks Energy Solutions India Ltd will list on NSE SME.

The reason you didn't get the Maks Energy 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).