In case of non-allotment, most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.
Shares credited to your Demat account by end of day. Check under 'Holdings' in your broker app.
ASBA amount unblocked by your bank. Funds will reflect in your account within 1-2 business days.
Shares available for trading from market open (9:15 AM). You can sell on listing day.
The bank will unblock your application money. This process starts on May 27. You will get an SMS notice.
Retail rules allow a maximum of two lots for this specific offer. Applying for more shares under retail is not valid.
The registrar runs a lucky draw system when the issue gets oversubscribed. This method ensures fair treatment for retail pools.
You can trade the shares from the official listing morning. The market opens on twenty-ninth May. Trading happens on NSE SME.
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