Mandeep Auto Industries IPO Allotment Status Online

The Mandeep Auto Industries IPO allotment status will be available on May 16, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Mandeep Auto Industries IPO allotment status online:

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

Mandeep Auto Industries IPO allotment status is expected on May 16, 2024. Click the green button Mandeep Auto Industries IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Mandeep Auto Industries IPO oversubscribed in the retail category, the Mandeep Auto Industries 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 Mandeep Auto Industries IPO shares will get listed on Tuesday, May 21, 2024. The equity share of Mandeep Auto Industries Limited will list on NSE SME.

The reason you didn't get the Mandeep Auto Industries 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).