Solve Plastic IPO Allotment Status

Summary

The Solve Plastic Products IPO received an exceptional response, significantly oversubscribed by 34.23 times by the closing date. This strong demand reflects the market's confidence in the company's prospects. The IPO saw a remarkable subscription across different investor categories, with retail investors leading the charge, subscribing 46.76 times to the shares offered to them. Non-institutional investors also showed substantial interest, subscribing 19.47 times. The market maker's portion was fully subscribed at 1 time.

How to Check Solve Plastic Products IPO Allotment Status:

How do you check Solve Plastic Products IPO allotment status on the Registrar's site?

Step 1: Go to the IPO allotment page of the Registrar/Integrated Registry (https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1)

Step 2: Choose Solve Plastic Products as the issuing firm name from the drop-down box.

Step 3: You can now select to submit your DP customer ID/Demat account number, IPO Application number, or PAN number.

Step 4: Enter information using the chosen option.

Step 5: When you tap the 'Search' option, the screen will display the allocation status.
Shares you apply for and are awarded to you will be shown on the screen.

How to Check Solve Plastic Products IPO allotment status on BSE?

Step 1: Visit the BSE website for IPO allotments using the URL - https://www.bseindia.com/investors/appli_check.aspx 

Step 2: Find and click on the sign-up button on the BSE website to register an account. This requires entering your PAN details.

Step 3: Create a username and password, and enter the captcha code displayed to verify the user is not a robot.

Step 4: The IPO allotment status will now be visible on the homepage when it opens. It shows whether shares have been allotted or not.

How to Check IPO Allotment Status in a Bank Account?

Log in to Netbanking: Open your bank's website or use their app to log in to your account.

Find the IPO Section: Go to the tab for Investing or Services. The IPO area will be there.

Give Your Details: They'll ask for your PAN, application number, etc. Fill in what you have.

See If You Got Shares: After you submit your information, it'll now show whether you were allotted any IPO shares.

Confirm the Status: You can double-check the allotment status directly with the company's registrar, also, just to confirm.

How to Check IPO Allotment Status in a Demat Account?

Log in to Your Demat Account: To access your Demat account, log in using your Depository Participant (DP) mobile app or website.

Locate the IPO Section: Look for the " IPO " section or "Portfolio" to find details about any IPO applications.

Verify Allotment Status: Check if the shares allotted to you from the IPO can be seen in your Demat account in the IPO section. This section often shows the allotment status.

Confirm with the Registrar: If the IPO shares do not appear to have been credited, visit the registrar's website and enter your IPO application details to verify the allocation status.

Contact Customer Service if Needed: If you notice any discrepancies between the status shown and the actual shares credited, contact your DP's customer service for assistance in resolving the issues.

Solve Plastic Products IPO Timelines:

Solve Plastic IPO Subscription Status

There were 34.23 subscriptions to Solve Plastic Products IPO. As of August 16, 2024, at 6:19:59 PM, the public issue had been subscribed 46.76 times in the retail category, [.] times in the QIB category, and 19.47 times in the NII category.

Subscription Day 3
Total Subscription: 34.23 times.
QIBs: 0 times.
Non-Institutional Investors: 19.47 times.
Retail Investors: 46.76 times.

Subscription Day 2
Total Subscription: 7.58 times.
QIBs: 0 times.
Non-Institutional Investors: 1.86 times.
Retail Investors: 13.30 times.

Subscription Day 1
Total Subscription: 2.30 times.
QIBs: 0 times.
Non-Institutional Investors: 0.42 times.
Retail Investors: 4.18 times.

Solve Plastic IPO Details

The fixed price issuance of Solve Plastic Products is valued at Rs 11.85 crores. The 13.02 lakh shares are a fresh issue.

The subscription period for the Solve Plastic Products IPO opened on August 13, 2024, and it ends today, August 16, 2024. The allocation for the Solve Plastic Products IPO is anticipated to be completed on Monday, August 19, 2024. The tentative listing date for the Solve Plastic Products IPO is Wednesday, August 21, 2024, and it will take place on the NSE SME.

The IPO price of Solve Plastic Products is ₹91 per share. An application must have a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹109,200. For HNI, a minimum investment of two lots (2,400 shares) totalling ₹218,400 is required.