Newmalayalam Steel Limited IPO Detail
Last Updated on December 18, 2024 Newmalayalam Steel Limited IPO NewMalayalam Steel Limited manufactures galvanised pipes, tubes, and sheets. The company has an electric resistance
The IPO dashboard provides the latest info about Current IPO and Upcoming IPO’s at BSE and NSE.
Shares are allocated to retail investors in an IPO through a lottery in case of oversubscription of IPO. Online IPO allotments status offers detail about the number of shares applied and allocated to the investor in an IPO.
The allotment status is available online on the registrar’s website. An investor can check allotment status by entering PAN Number or the IPO allocation number.
Registrar of the IPO also publishes a basis of allotment document. This document provides detail about the number of applications received and how the allotments are done.
IPO investors can check the IPO allotment status on the website of IPO registrar.
Each IPO has a designed registrar i.e. Linkintime, Karvy. Register of an IPO is a financial institution registered with stock exchanges and SEBI. Registrars keep the records of the issue and ownership of the company shares. The registrar is responsible for allotment of shares to investors in an IPO, process refund, and transfer allocated shares to investors demat account.
Last Updated on December 18, 2024 Newmalayalam Steel Limited IPO NewMalayalam Steel Limited manufactures galvanised pipes, tubes, and sheets. The company has an electric resistance
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