Northern Spirits IPO Allotment Status Online

Sorry. The tentative date of allotment for Northern Spirits IPO is not available at this time.

Below are the steps to check Northern Spirits IPO allotment status online:

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

Northern Spirits IPO allotment status is expected on . Click the green button Northern Spirits IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Northern Spirits IPO oversubscribed in the retail category, the Northern Spirits 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 Northern Spirits IPO shares will get listed on Thursday, April 4, 2019. The equity share of Northern Spirits Limited will list on BSE SME.

The reason you didn't get the Northern Spirits 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).