How to Check Paradeep Phosphates IPO Allotment Status
Paradeep Phosphates IPO is open for subscription between May 17 and May 19, 2022. The price band has been kept between Rs 39-42 per share with a minimum lot size of 350 shares.
The Paradeep Phosphates IPO allotment status will be finalized on May 24 (tentative).
Check Allotment Status
Here’s how you can check the allotment status:
1. 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 Paradeep Phosphates 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 Link Intime India Private Limited.
- The registrar for the IPO is Link Intime India Private Limited and the shares are proposed to be listed on the BSE and NSE.
- After you land on the website’s homepage, click on public issues. You will see a drop-down that says ‘Select Company’.
- From the drop-down menu, select ‘Paradeep Phosphates’.
- For identification, you can give your PAN number, application number, DP/client ID, account number/IFSC code.
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 – ‘Paradeep Phosphates’
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.
Companies | Type | Bidding Dates | |
| Regular | Closes 23 Dec | ||
| Regular | Closes 23 Dec | ||
| SME | Closes 23 Dec | ||
| Regular | Closes 23 Dec | ||
| Regular | Closes 23 Dec |
FAQs on Paradeep Phosphates 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 Paradeep Phosphates shares being allotted?
If Paradeep Phosphates 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 the Paradeep Phosphates IPO allotment?
If you don’t get the allotment in the Paradeep Phosphates IPO, the amount will be unblocked, and you will be able to use the amount in your bank account.
- When will Paradeep Phosphates IPO get listed?
Paradeep Phosphates IPO shares will get listed on BSE and NSE on May 27, 2022 (tentative)