Antony Waste Cell IPO was open for subscription between December 21 and 23. The allotment was finalised around December 29. The price band for the IPO was Rs 313-315 and the minimum lot was 47 shares.
Read more on Groww: Antony Waste Cell IPO
The Antony Waste Cell IPO allotment has been finalised. Here’s how you can check the allotment status.
There are three primary ways to check the status:
a) Check Allotment Status on Groww
Once the allotment status is finalised, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:-
Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.
Step 2: Click on IPOs. On the next page click on the ‘Status’ tab for Antony Waste Cell IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.
If you have received the allotment in the IPO, ‘Allotted’ will be written next to your application number.
b) Registrar website
The registrar for Antony Waste Cell IPO is Link InTime. After you land on the website’s homepage, click on public issues. (The status will be available only after the basis of allotment is finalised)
- From the drop-down menu, select ‘Antony Waste Cell’.
- For identification, you can give your PAN number, application number DP/client ID, account number/IFSC code.
The allotment status for Antony Waste Cell Food IPO is not available right now. The IPO allotment process takes around 6 working days from the IPO closing date. The basis of allotment will be finalised on December 29. Please revisit us to check the status for your Antony Waste Cell allotment and latest updates.
You can also check the allotment status on the Bombay Stock Exchange’s
After you click on the link, you will have to feed in your application number and PAN number to check your allotment status.
FAQs on Antony Waste Cell IPO Allotment
How do I know if I have received Antony Waste Cell Allotment or not?
We have discussed the steps for the same above.
What happens to the IPO amount in my bank account?
After applying for an IPO, the required amount is blocked for use from your account. Hence the money is still showing in your balance but is blocked for use.
Can we know Antony Waste Cell listing price?
Knowing the price at which the shares will list is almost impossible. The companies do have an issue price. But the listing price depends on the grey market transactions. Say the issue price was around Rs 200, and it was trading at a grey market premium of Rs 20 then we can expect the shares to list at around Rs 220. However, nothing can be said with certainty.
What is the grey market?
Grey market for an IPO is an unofficial market where the transactions that take place are ‘over-the-counter’ (OTC) in nature. Mostly are dealt with in cash. Because of its unofficial and OTC nature, there are no rules around it. They are done among a smaller group of people. So the Antony Waste Cell listing price will depend on the grey market premium.
How are the Antony Waste Cell shares being allotted?
If Antony Waste Cell IPO is oversubscribed, the shares will be distributed proportionately among retail investors so that each retail investor gets one lot minimum. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that retail investors do not get any shares.
Why did I not get Antony Waste Cell allotment?
There are multiple reasons why a retail investor may not get the allotment:
- Pure Luck: As mentioned earlier, shares are allotted on a lottery basis. In case of oversubscription, not everyone will be assigned shares.
- Information mismatch: If your Antony Waste Cell IPO application has any incomplete information or mismatch in your credentials
- If your bid price is not within the price band
Will my money come back if I don’t get Antony Waste Cell IPO allotment?
If you don’t get the allotment in Antony Waste Cell IPO, the amount will be unblocked, and you will be able to use the amount in your bank account.
When will Antony Waste Cell IPO get listed?
Antony Waste Cell shares will get listed on BSE and NSE on January 1, 2021.
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