Azad Engineering IPO Allotment Status

The Azad Engineering IPO is still in progress, with the allotment status not yet available. Here’s the current situation:

Subscriptions: As of today, December 22, 2023, the IPO has been subscribed 33.87 times overall. This includes:

  • Retail category: 2.18 times subscribed
  • NII category: 2.78 times subscribed
  • QIB category: 0.01 times subscribed (undersubscribed)

Key Dates:

  • Subscription closed: Today, December 22, 2023
  • Allotment finalization: Expected on December 26, 2023
  • Demat credit: Expected on December 27, 2023
  • Listing date: Tentatively set for December 28, 2023, on BSE and NSE

Currently, you can’t check your allotment status. It will be available once the basis of allotment is finalized on December 26th. You can then check your status using your PAN number, application number, or DP client ID on various platforms like NSE website, BSE website, or your broker’s website.