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Veer Global Infraconstruction SME Allotment Status Link

SME Status: Listed [30th Sep 2020 to 9th Oct 2020]

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Veer Global Infraconstruction SME Details

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The allotment of shares of Veer Global Infraconstruction SME worth ₹4.9 Cr to be finalized/declared on 14th Oct 2020 and the shares are expected to list on 19th Oct 2020. Anyone who have applied for the Veer Global Infraconstruction public issue can check allotment status online on the registrar's official website. Check out Veer Global Infraconstruction SME Allotment URL and step by step guide on how to check allotment status online?
SME Details Values
SME Open Date 30th Sep 2020
SME Close Date 9th Oct 2020
SME Issue Size ₹4.9 Cr
SME Issue Price ₹28
Market Lot 4000 Shares
>> SME Current GMP

Veer Global Infraconstruction SME Dates

Latest and updated information about Veer Global Infraconstruction SME. Dates are updated as they are announced.

SME Activity Date
SME Open Date 30th Sep 2020
SME Close Date 9th Oct 2020
Basis of Allotment
Finalisation Date*
14th Oct 2020
Refunds Initiation* 15th Oct 2020
Credit of Shares
to Demat Account*
16th Oct 2020
SME Listing Date* 19th Oct 2020

* - Tentative Dates

Once an IPO closes for subscription, registrar prepares a basis of allotment in line with SEBI's guidelines. Allotment generally takes place within 1 to 3 days after issue closure.

IPO applicant in any category; QIB, NII, or Retail investor can check the allotment status on the official website of the IPO registrar. Check the Veer Global Infraconstruction SME allotment link below:

How to check Veer Global Infraconstruction SME Allotment Status?

Follow the below steps to know whether you got the AVeer Global Infraconstruction public issue IPO allotment or not;

  1. Visit to the Purva Sharegistry (registrar's) IPO allotment page (Link)
  2. Select the issuer company name as Veer Global Infraconstruction from the drop-down menu.
  3. Now, choose to enter either your PAN number, IPO Application number, or DP client ID/Demat account number.
  4. Enter details as per selected option.
  5. Tap on the 'Search' option and the allotment status will be appear on the screen.
  6. The screen will display shares applied by you and shares alloted to you.

Note: As registrar is respomsible for the allotment, credit of shares, and refund processes. Thus, in case of any discrepency regarding shares allocation and refunds, you can raise your query to the registrar ([email protected]).

You will also be intimated for allotment status by your bank and broker via email and SMS. A bidder can also check the allotment status by login to their Demat account with your broker.

Veer Global Infraconstruction SME Allotment Status >>Veer Global Infraconstruction SME Allotment is not declared yet, expected to be declare by 14th Oct 2020, will provide the link once allotment is out.

What is a basis of Allotment?

When an IPO bidder wants to know how shares are allotted to different categories of investors, he/she must check IPO basis of allotment (BOA).

Basis of allotment (BOA) is an important document prepared by registrar to provide complete details on how many applications or bids have been received for the public issue by anchor investors, QIBs, NIIs, and Retail investors (RII) and the ratio of shares allocations. Thus the document shows the IPO demand by providng details on number of applications received along with the shares reserved across categories, and the shares allocation ratio for different categories of applicants.

The allocation ratio in the BOA specifies that how many applicants will receive one lot of shares among specified number of applicants. For instance, if the ratio is 1:10 means every 1 out of 15 IPO applicants will receive one IPO lot.

Last Updated on 2021-02-01T00:36:21+00:00

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