Aik Pipes & Polymers Ltd IPO Allotment: Check Your Status

How to check Aik Pipes & Polymers Ltd IPO allotment status on NSE:

  • Go to the applications status page on NSE
  • Choose the 'Click here to sign up' option and complete the registration process using your PAN details.
  • Enter your username, password, and captcha code on the subsequent page.
  • Once logged in, navigate to the designated section to check the IPO allotment status.

How to check Aik Pipes & Polymers Ltd IPO allotment status on BSE:

  • Go to the applications status page on BSE
  • In the 'Issue Type' section, opt for 'Equity' and pick the Aik Pipes & Polymers Ltd IPO from the dropdown menu labelled 'Issue Name'.
  • Enter either your PAN or application number, then click the 'Submit' button.

Allocation quota for Aik Pipes & Polymers Ltd

The following table outlines the allocation quotas for different categories, detailing both the number of shares and the percentage of the total share capital raised. However, it's primarily the quotas for retail and HNI investors that are of significant interest.

Category of Investors Allocation of shares under IPO
Anchor Allocation 0 (0%)
QIB Shares Offered 0 (0%)
NII (HNI) Shares Offered 8,01,600 (47.49%)
Retail Shares Offered 8,01,600 (47.49%)
Total Shares Offered 16,88,000

Data Source: BSE, NSE

Subscription Status for Aik Pipes & Polymers Ltd

Now, let’s check how the Aik Pipes & Polymers Ltd was subscribed. The table below breaks down subscription numbers by category and shows the overall subscription for Aik Pipes & Polymers Ltd

Category Subscription Status
Qualified Institutional Buyers (QIB) [-]
Non Institutional Investors (NII) [-]
Retail Individuals [-]
Overall Subscription [-]

Data Source: BSE, NSE

Utilization of IPO Proceeds - Content in crisp pointers

The QIB portion witnessed a subscription of [-] times, while the HNI/NII portion saw a subscription of [-] times. The Retail portion experienced a subscription of [-] times, culminating in an overall subscription of [-] times for the IPO.

Frequently Asked Questions

What is Aik Pipes & Polymers Ltd IPO?

Answer Field

Aik Pipes & Polymers Ltd IPO is a SME IPO of 16,88,000 equity shares of a face value of ₹10 aggregating up to ₹15.02 Crores. The issue is priced at ₹89 to ₹89 per share. The minimum order quantity is 1600 Shares. The IPO opens on December 26, 2023, and closes on December 28, 2023. Skyline Financial Services Pvt is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.

When Aik Pipes & Polymers Ltd IPO will open?

Answer Field

The Aik Pipes & Polymers Ltd IPO opens on December 26, 2023 and closes on December 28, 2023.

What is the lot size of Aik Pipes & Polymers Ltd?

Answer Field

Aik Pipes & Polymers Ltd lot size is 1600 shares, and the minimum amount required is ₹1,42,400.

How to apply for Aik Pipes & Polymers Ltd IPO?

Answer Field

You can apply in Aik Pipes & Polymers Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Aik Pipes & Polymers Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Aik Pipes & Polymers Ltd IPO will be done on December 29, 2023, and the allotted shares will be credited to your demat account by January 01, 2024.

When is Aik Pipes & Polymers Ltd IPO listing date?

Answer Field

The Aik Pipes & Polymers Ltd listing date is January 02, 2024.

Who is the registrar of Aik Pipes & Polymers Ltd IPO?

Answer Field

The registrar of Aik Pipes & Polymers Ltd IPO is Skyline Financial Services Pvt

Which company is the book-running lead manager of the IPO?

Answer Field

Shreni Shares Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Aik Pipes & Polymers Ltd IPO?

Answer Field

The fresh issue size is ₹15.02 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Aik Pipes & Polymers Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1600 shares and ₹1,42,400 amount.

How can I approve the UPI mandate request for Aik Pipes & Polymers Ltd IPO?

Answer Field

To apply for Aik Pipes & Polymers Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Aik Pipes & Polymers Ltd?

Answer Field

The price of each Aik Pipes & Polymers Ltd share will be ranging in between ₹89 to ₹89 per share.

What is the cut-off time for the UPI mandate for Aik Pipes & Polymers Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, December 28, 2023.

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