Ideal Technoplast IPO Allotment Finalized, Check on Bigshare

Ideal Technoplast will finalize the IPO allotment status on August 26, 2024. On August 27, 2024, the company will initiate refunds and credit shares to Demat accounts. Ideal Technoplast will then list its shares on August 28, 2024. In the meantime, investors can check their IPO allotment status online through the Bigshare website, or alternatively, via their bank account or Demat login in offline mode. For further clarity, you can refer to the step-by-step guide provided here to check the IPO allotment status both online and offline.

Ideal Technoplast IPO Allotment Details

This IPO received an overwhelming response, with overall subscriptions reaching 116.75 times. Specifically, investors subscribed 115.57 times in the Retail category and 108.49 times in the NII category. The company aims to raise approximately ₹16.03 crores through the IPO. The IPO will list on the NSE with a price band fixed ₹121 per equity share.

Considering the retail subscription, the basis of allotment for the Ideal Technoplast IPO is likely to be around 1:115 (approximately).

Allotment Links

How to check the Allotment Status on Bigshare?

1. First, log on to the Allotment page on Bigshare Service.
2. Next, from the drop-down menu, select the IPO name: “Ideal Technoplast” Then, choose one of the following options: PAN Number, Application Number, or DP ID.
3. After making your selection, enter the relevant details (PAN, Application, or Demat Account Number).
4. Once you’ve filled in the information, click the ‘Search’ button.
5. Finally, your status will appear on your screen, whether you’re using a mobile device or a desktop.

How to check the Ideal Technoplast IPO Allotment Status in the Bank Account?

1. First, log in to the bank account from which you applied for the Ideal Technoplast IPO.
2. Next, navigate to the Balance Tab.
3. If you receive an allotment, we will debit the amount from your account.
4. If you do not receive an allotment, we will release the amount back to you.
5. Additionally, if you receive an allotment, you will get an SMS stating: “Dear Customer, we have debited your account with Bank Name (Account Number: 00001) with INR 00000.00 on Date.” Info: IPOName. The available balance is INR 000000.”

Please note: The IPO allotment and refund process for Ideal Technoplast is managed by the IPO Registrar. For any questions regarding the allotment date and time, kindly reach out to the registrar directly.

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