Newmalayalam Steel Limited IPO Allotment Status Online

IPO

Newmalayalam Steel Limited IPO

NSE SME

Listed On: Dec 27, 2024 at ₹ 90.0

₹ 144000 /1600 Shares

IPO Details

19 Dec, 2024

Open Date

23 Dec, 2024

Close Date

24 Dec, 2024

Allotment Date

27 Dec, 2024

Listing Date

Issue Price

₹85-90 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

Allotment Details

The allotment for the initial public offer (IPO) of Newmalayalam Steel Limited IPO is likely to be finalized on, Dec 24, 2024 . Investors can check their allotment status on the issue's registrar Kfin Technologies Limited website, IPO Ji app/website, as well as on the BSE and NSE websites.

The Newmalayalam Steel Limited IPO was open for subscription between Dec 19, 2024 - Dec 23, 2024 at a price band in the range of ₹85-90 per equity share.

The Newmalayalam Steel Limited IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 87.71 times, while non-institutional investors' quota received 24.74 times subscription. The qualified institutional buyers (QIBs) portion was booked 1.26 times. Overall, the IPO was subscribed 50.74 times.

How to Check Newmalayalam Steel Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Newmalayalam Steel Limited IPO if you have applied for it.

Steps to Check Newmalayalam Steel Limited IPO Allotment on Kfin Technologies Limited's Website:

  1. Go to Kfin Technologies Limited IPO page.
  2. Choose Newmalayalam Steel Limited IPO from the list.
  3. Pick either PAN (Permanent Account Number), Demat Account number, or Application number.
  4. Fill in the details based on your selected mode.
  5. Enter the captcha code.
  6. Click on the "Submit" button to view your allotment status.

Steps to Check Newmalayalam Steel Limited IPO Allotment Status on IPO Ji App/Website:

  1. Launch the IPO Ji app on your mobile device or visit ipoji.com
  2. Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status) .
  3. Create your free account by Providing your PAN and Demat details. (one-time process)
  4. Choose Newmalayalam Steel Limited IPO from the list of available IPOs.
  5. Click on the Check Status button.
  6. Your allotment status will be displayed on the screen.

How to Check Newmalayalam Steel Limited IPO Allotment on BSE:

  1. Go to BSE's IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx).
  2. Choose Equity under the "Issue Type" dropdown.
  3. Choose Newmalayalam Steel Limited IPO from the "Issue Name" dropdown.
  4. Provide your Application Number and PAN ID.
  5. Tick the 'I am not a robot' box.
  6. Click on the "Search" button to view your status.

How to Check Newmalayalam Steel Limited IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Newmalayalam Steel Limited IPO from the dropdown menu.
  3. Enter your application number, PAN, and captcha
  4. Click on "search" to see your allotment status.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to ipo@kfintech.com.

FAQs

Ans. The Newmalayalam Steel Limited IPO allotment status will be available on Dec 24, 2024 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Newmalayalam Steel Limited IPO allotment status online:

  • Visit the Newmalayalam Steel Limited IPO allotment status page.
  • Click on the purple Newmalayalam Steel Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Newmalayalam Steel Limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Newmalayalam Steel Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Newmalayalam Steel Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Newmalayalam Steel Limited IPO allotment status is expected on Dec 24, 2024. Click the button Newmalayalam Steel Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.