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How To Check Hariom IPO Allotment Status

06 April 2022
3 minutes

The Hariom Pipe Industries IPO is open for subscription between March 30 and April 5, 2022. The price band has been kept between Rs 144-153 per share with a minimum lot size of 98 shares.

The Hariom Pipe Industries IPO allotment status will be finalized around April 8 (tentative).

1. Check Allotment Status

Here’s how you can check the allotment status:

  • Check Allotment Status on Groww

Once the allotment status is finalized, 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 next to the Hariom Pipe Industries IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.

Step 3: If you have received the allotment in the IPO, ‘Allotted’ will be written next to your application number. Or else, the status will show as ‘Rejected’. It will show as ‘Approved’ till the allotment is finalized.

2. Check Allotment Status on Registrar’s Website

The registrar for this IPO is Bigshare Services Pvt Ltd.  

  • Go to the website’s homepage. 
  • Click on IPO allotment status. 
  • Select one of the three servers available on the page and then proceed to select the name of the company. 
  • Choose one of the three identity options—Application Number, DPID/Client ID, or PAN.
  • Select the Application type. If you chose the Application Number in step 2, you can select ASBA or NON-ASBA and then enter the application number. If you chose DPID/Client ID, select NSDL or CDSL and enter the DPID and Client ID. If you selected PAN, enter the PAN number.
  • Enter the six-digit Captcha.
  • Click “Submit” to generate your IPO allotment status report.

3. Check Allotment Status on BSE

Step 1: Investors are required to follow this link to check their IPO allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx 

Step 2: You will then have to select the ‘Equity’ option and then from the dropdown, select issue name– ‘Hariom Pipe Industries’’

Step 3: You will have to enter your application number and PAN card number next.

Step 4: After completing all the above-mentioned steps click on the “Search” button.

FAQs on Hariom Pipe Industries IPO Allotment

  • What happens to the IPO amount in my bank account?

After applying for an IPO, the amount gets blocked for use from your account. Therefore, the money is still showing in your balance but is blocked for use. 

  • How are the Hariom Pipe Industries shares being allotted?

If Hariom Pipe Industries IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of oversubscription.

  • Will my money come back if I don’t get Hariom Pipe Industries IPO allotment?

If you don’t get the allotment in Hariom Pipe Industries IPO, the amount will be unblocked, and you will be able to use the amount in your bank account. 

  • When will Hariom Pipe Industries IPO get listed?

Hariom Pipe Industries IPO shares will get listed on BSE and NSE on April 13, 2022. (tentative)

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Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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