Phoenix Overseas IPO Allotment Status Online

The Phoenix Overseas IPO allotment status will be available on September 24, 2024, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Phoenix Overseas IPO allotment status online:

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

Phoenix Overseas IPO allotment status is expected on September 24, 2024. Click the green button Phoenix Overseas IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Phoenix Overseas IPO oversubscribed in the retail category, the Phoenix Overseas 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 Phoenix Overseas IPO listing date is not available at this time. The Phoenix Overseas IPO is planned to list the shares on September 26, 2024, at NSE SME.

The reason you didn't get the Phoenix Overseas 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).