Shoora Designs IPO Allotment Status Online

The Shoora Designs IPO allotment status will be available on August 24, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Shoora Designs IPO allotment status online:

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

Shoora Designs IPO allotment status is expected on August 24, 2023. Click the green button Shoora Designs IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Shoora Designs IPO oversubscribed in the retail category, the Shoora Designs 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 Shoora Designs IPO shares will get listed on Tuesday, August 29, 2023. The equity share of Shoora Designs Limited will list on BSE SME.

The reason you didn't get the Shoora Designs 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).