Contents
- 0.1 Step 1: Note down your Application Number and PAN
- 0.2 Step 2: Visit the IPO Registrar’s Website
- 0.3 Step 3: Click on the “IPO Allotment” Section
- 0.4 Step 4: Select the Aesthetik Engineers IPO
- 0.5 Step 5: Enter Your Application Number and PAN
- 0.6 Step 6: Click on “Submit”
- 0.7 Step 7: View Your Aesthetik Engineers IPO Allotment Status
- 1 Understanding the IPO Allotment Process
- 2 Benefits of Participating in an IPO
- 3 FAQs For How to Check Aesthetik Engineers IPO Allotment Status
Check Aesthetik Engineers IPO Allotment Status: The Aesthetik Engineers IPO Allotment Status can be easily checked online once the basis of allotment is finalized. Here’s a step-by-step guide on how to check your allotment status:
Step 1: Note down your Application Number and PAN
When you applied for the Aesthetik Engineers IPO, you would have received an application number. Make sure to note down this number along with your PAN (Permanent Account Number). You’ll need these details to check your allotment status.
Step 2: Visit the IPO Registrar’s Website
The IPO registrar for Aesthetik Engineers is Skyline Financial Services Private Limited. Visit their website at https://www.skylinerta.com/ipo.php to check the allotment status.
Step 3: Click on the “IPO Allotment” Section
On the Skyline Financial Services website, look for the “IPO Allotment” section. This is usually located in the main menu or under the “Services” tab.
Step 4: Select the Aesthetik Engineers IPO
From the list of IPOs, find and select the Aesthetik Engineers IPO. If it’s not listed, it means the allotment process is still ongoing.
Step 5: Enter Your Application Number and PAN
In the designated fields, enter the application number and PAN you noted down earlier. Double-check these details to avoid any errors.
Step 6: Click on “Submit”
After entering the required information, click on the “Submit” or “Check Status” button. This will initiate the process of checking your allotment status.
Step 7: View Your Aesthetik Engineers IPO Allotment Status
If your application is selected for allotment, you will see the number of shares allotted to you and the amount credited to your bank account (if applicable). If your application is rejected, you will see a message indicating the same.
Here are some key dates to keep in mind for the Aesthetik Engineers IPO allotment:
- IPO Open Date: August 8, 2024
- IPO Close Date: August 12, 2024
- Basis of Allotment: August 13, 2024
- Unblocking of ASBA Funds: August 14, 2024
- Credit of Shares to Demat Account: August 14, 2024
- IPO Listing Date: August 16, 2024
Remember, the allotment process is subject to change, so it’s always best to check the official sources for the most up-to-date information.
Understanding the IPO Allotment Process
The IPO allotment process is a crucial step in the public offering of shares by a company. It determines how many shares each applicant will receive based on the total number of shares available and the demand for the IPO.
The allotment process typically follows these steps:
- Collection of Applications: Investors submit their applications for the IPO through various channels, such as online platforms, banks, or brokers.
- Blocking of Funds: For applications made through the ASBA (Application Supported by Blocked Amount) process, the funds are blocked in the applicant’s bank account until the allotment is finalized.
- Basis of Allotment: The company and the lead managers determine the basis of allotment based on factors such as the number of shares applied for, the category of the applicant (retail, non-institutional, or qualified institutional), and the oversubscription (if any).
- Finalization of Allotment: The basis of allotment is finalized and approved by the stock exchanges.
- Unblocking of Funds: For rejected applications, the blocked funds are unblocked and credited back to the applicant’s bank account.
- Credit of Shares: The allotted shares are credited to the successful applicants’ demat accounts.
- Listing of Shares: The shares are listed on the stock exchanges, and trading commences.
Benefits of Participating in an IPO
Participating in an IPO can offer several benefits to investors:
- Opportunity for Capital Appreciation: If the company performs well after listing, the share price may increase, providing potential capital gains for investors.
- Diversification: IPOs can help diversify an investor’s portfolio by providing exposure to new companies and sectors.
- Participation in a Company’s Growth: Investors can participate in the growth story of a company by investing in its IPO.
- Potential for Listing Gains: In some cases, shares may list at a premium to the issue price, providing immediate gains for investors.
However, it’s important to note that investing in IPOs also carries risks, such as market volatility, lack of track record, and the possibility of overvaluation. Investors must conduct thorough research, understand the company’s business model, and make informed decisions before investing in an IPO.
FAQs For How to Check Aesthetik Engineers IPO Allotment Status
If you don’t see your application number, it could mean that your application was unsuccessful or that the allotment process is still ongoing. Check the website regularly for updates.
Once the basis of allotment is finalized, the shares are typically credited to successful applicants’ demat accounts within two working days.
If you don’t have a demat account, you won’t be able to participate in the IPO. Make sure to open a Demat account with a registered broker or depository participant before applying for an IPO.
Yes, in addition to the application number and PAN, you can also check the allotment status using your DPID (Depository Participant ID) and Client ID.
If your application is rejected, the blocked amount in your ASBA account will be unblocked and credited back to your bank account. This process typically takes a few working days.
