Marco Cables & Conductors IPO Allotment Status Online

The Marco Cables & Conductors IPO allotment status will be available on September 28, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Marco Cables & Conductors IPO allotment status online:

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

Marco Cables & Conductors IPO allotment status is expected on September 28, 2023. Click the green button Marco Cables & Conductors IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Marco Cables & Conductors IPO oversubscribed in the retail category, the Marco Cables & Conductors 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 Marco Cables & Conductors IPO shares will get listed on Thursday, September 28, 2023. The equity share of Marco Cables & Conductors Limited will list on NSE SME.

The reason you didn't get the Marco Cables & Conductors 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).