Standard Glass Lining IPO Allotment Status
Introduction
Standard Glass Lining Limited, a manufacturer of glass-lined equipment, recently conducted an initial public offering (IPO) of its shares. The IPO garnered significant attention, with high subscription rates. Investors who applied for the IPO are now eagerly awaiting the allotment status of their applications.
Allotment Status
The allotment status of Standard Glass Lining IPO can be checked through multiple channels:
- Company Website: The company typically uploads the allotment status on its website.
- BSE/NSE Websites: Allotment status can also be checked on the websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
- Depositories (NSDL/CDSL): Investors can check the allotment status through their depository accounts with NSDL or CDSL.
- Brokerage Firms: Brokerage firms that handled the IPO applications also provide allotment status updates to their clients.
Steps to Check Allotment Status
Through the Company Website:
- Visit the Standard Glass Lining website.
- Click on the “Investors” section.
- Find the IPO Allotment Status link.
- Enter your PAN number and application number.
Through BSE/NSE Websites:
- Visit the BSE/NSE website.
- Click on the “IPO” section.
- Select “Allotment Status” from the dropdown menu.
- Enter your PAN number and application number.
Through Depositories:
- Log into your depository account with NSDL or CDSL.
- Navigate to the IPO section.
- Enter your PAN number and application number.
Through Brokerage Firms:
Contact your brokerage firm and provide them with your PAN number and application number. They will provide you with the allotment status.
Types of Allotment
There are three possible allotment statuses:
- Allotted: Investors who receive shares will have the status “Allotted.”
- Not Allotted: Investors who do not receive any shares will have the status “Not Allotted.”
- Partially Allotted: Sometimes, investors may receive only a portion of the shares they applied for. In such cases, the status will be “Partially Allotted.”
Payment for Allotted Shares
If your shares are allotted, you will need to pay the remaining amount due within the specified period. Typically, you will receive instructions on how to make the payment from the company or your brokerage firm.
Timeline
The allotment process for Standard Glass Lining IPO typically takes around 2-3 days from the IPO closure date. The allotment status is usually available within 5-7 business days of the closure.
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