Polycab IPO allotment status will be available soon. The IPO allotment is expected to take place within 4 working days from the closing of the issue on April 9th. The allotment status should be available by April 13th and it should start trading from April 18th.
As the issue was heavily subscribed, the allotment would be based on the lottery for retail investor. Out of every 7, 2 would get the shares. It is expected that the issue would open with a gap up of around Rs 80 – Rs 100
Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Polycab IPO and check by providing your PAN Card Details.
The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.
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Do check this page again once the Allotment is done. You can check the status just by your PAN card number, Application number or DP ID/Client ID of the applicant.
Note: The Polycab IPO allotment is at the sole discretion of Registrar of the company.