Delta Autocorp IPO allotment status is not available right now. Allotment status will be made available on January 10, 2025, per the timeline provided in the IPO’s red herring prospectus (RHP).
As of January 10, the Delta Autocorp IPO has shown a strong performance in the grey market with a premium of INR 120 per share. This indicates positive sentiment among investors and suggests a potential listing gain of around 92% upon its debut on the stock exchange. The GMP reflects investor confidence in Delta Autocorp’s future prospects in the electric vehicle sector.
Delta Autocorp’s IPO closed with a remarkable subscription rate of over 342.2 times, receiving bids totaling INR 53,882 crores. The subscription from high-net-worth individuals (HNIs) reached an impressive 624.79 times. The stock is expected to be listed on January 14, 2025. Currently, all eyes are on the allotment process. After the finalization of allotment, refunds are scheduled to be initiated on January 13, with shares anticipated to be credited to successful investors’ demat accounts on the same day.
Here are some ways in which you can check Delta Autocorp IPO allotment status online.
Read Also: Standard Glass Lining IPO Allotment Status
#1 Registrar Website – Most effective way to check Delta Autocorp IPO Allotment Status
Once an IPO is closed for subscription, the ball moves in the court of the issuing registrar. In this case, the registrar is Link Intime so investors can simply head to its website, select Delta Autocorp from the dropdown menu, and enter ANY of the following details to check their allotment status:
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
It should be noted that registrar websites are flooded on allotment days and might become very slow. As a result, it is worthwhile to keep your options open.
#2 Bank Account Debit/Removal of Lien
If your search hasn’t yielded results so far, you might want to check your bank account. Most banks have robust infrastructure and communicate balance to account holders in several ways including SMS so you might not as well need to log into net banking.
If the investor’s application has been successful, it is followed by a debit of the corresponding amount. The debit amount for the Delta Autocorp IPO is INR 1,30,000. If the application is unsuccessful, then the bank account will see the effective balance go up by this amount which was marked on hold for the application.
In case of successful allotment, the bank account balance goes down by the corresponding amount. It is important to note that IPO allotment and amount deduction from a bank account are two different events but in some cases, both happen almost concurrently.
#3 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
Read Also – Quadrant Future Tek IPO Allotment Status
Delta Autocorp IPO Allotment FAQs
When is the Delta Autocorp IPO allotment expected?
Delta Autocorp IPO allotment status will be available today, per the timeline provided in the IPO’s red herring prospectus (RHP).
When will the Delta Autocorp IPO get listed?
The Delta Autocorp IPO is planned to list the shares on 14 January 2025, at NSE EMERGE.
Where to check Delta Autocorp IPO allotment status?
Delta Autocorp IPO allotment status is expected today. Click the green button on the Delta Autocorp IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.
What is the lot size of the Delta Autocorp IPO?
Delta Autocorp’s IPO lot size is 1,000 shares.
