Azad Engineering IPO allotment status link is available to check from this link, so read this article completely and check your allotment status and refund process.
Azad Engineering IPO
Defence manufacturing company Azad Engineering IPO was opened on 20th December and closed on 22nd December at 5:00 p.m. Azad IPO was oversubscribed in all the categories. Azad Engineering’s IPO was oversubscribed 80x (times), so fewer chances of allotment that’s why all who apply are waiting for the allotment status to check whether they get the IPO or not.
There is around a 6% chance to get allotted in the retail category because the retail category subscribes 14x (times). it means every 3 people out of 50 will get this IPO.
The allotment is totally on a lottery basis, so anyone can get this allotment.
Azad Engineering IPO Allotment Date
Azad Engineering IPO closes on 22nd December Friday, because of the weekend on 23 & 24th December and Christmas on the 25th, so the Azad Engineering IPO Allotment date is 26th December. If you want to get a notification whenever the Allotment link will be active, then join our Telegram Channel.
How to Check Azad IPO Allotment
To check Azad IPO Allotment, follow these steps –
- First of all, go to this link (IPO Allotment Page)
- Find Azad Engineering IPO in the list.
- Click on check Allotment.
- After Entering any one detail among these – PAN No., Application No., DP ID
- And you’ll able to see your allotment whether you get shares or not.
If you get the allotment, then you can trade shares on the listing day which is 28th December after 10:00 AM. but if you not get any allotment, then your blocked amount will be released on 27th December, so you can use that money again.
Azad Engineering GMP Today
At the time of writing this article the Grey market premium of Azad IPO is 360 which is around 68%, but for the latest GMP, click here and check current Live GMP data.
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