Veer Global Infraconstruction IPO Allotment Status Online

The Veer Global Infraconstruction IPO allotment status will be available on October 14, 2020, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Veer Global Infraconstruction IPO allotment status online:

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

Veer Global Infraconstruction IPO allotment status is expected on October 14, 2020. Click the green button Veer Global Infraconstruction IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Veer Global Infraconstruction IPO oversubscribed in the retail category, the Veer Global Infraconstruction 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 Veer Global Infraconstruction IPO shares will get listed on Monday, October 19, 2020. The equity share of Veer Global Infraconstruction Limited will list on BSE SME.

The reason you didn't get the Veer Global Infraconstruction 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).