How to check ICICI Prudential IPO Allotment Status

icici prudential ipo allotment statusIf you have applied for ICICI Prudential IPO and willing to know about your ICICI Prudential Life Insurance IPO allotment status. Please check here the link and other relevant details of ICICI Prudential IPO allotment status mentioned for your reference. You can mention your PAN number to check the allotment details. You can check below the basis of allotment of shares for ICICI Prudential IPO under the headlines of ‘Basis of allotment’ document.

Note:- The responsibility of ICICI Prudential IPO allotment lies with the appointed Registrar of the company. Registrar of the company is accountable for the allotment of shares and processing of refund too. Therefore, in case of any issues, the Registrar is the right person or entity to resolve queries related to stock allocation or refund.

Important dates for ICICI Prudential IPO Allotment Status

  • The Closure date of ICICI Prudential IPO is Sept 21, 2016
  • The Allotment date for ICICI Prudential IPO issue is expected to be Sept 26, 2016
  • The amount is expected to get unblocked on Sept 27, 2016
  • The Shares are expected to credited in DP accounts on Sep 28, 2016
  • The Shares of ICICI Prudential Services are likely to be listed Sept 29, 2016 on both BSE and NSE.

icici prudential ipo allotment status

Subscription Details for ICICI Prudential IPO

Shares Offered / Reserved Day 1 Day 2 Day 3
QIB 32,641,391                     0.06                     0.59                   11.83
NII 24,481,043                     0.04                     0.15                   28.55
RII 57,122,434                     0.25                     0.65                     1.42
Others 18,134,105                     0.20                     0.48                   12.20
Total 132,378,973                     0.16                     0.52                   10.48
All figs. in no.of Times

Important points for Allotment of ICICI Prudential IPO

Here are some of the important points about ICICI Prudential IPO allotment process including allotment of ICICI Prudential Life Insurance IPO shares, basis of Allotment, process of checking allotment status and refund in case of no allotment etc.

Credit to Demat Account after Allotment

Usually, The shares allotted to you will be placed in your Demat Account within two business days.

Allotment of the IPO by Registrar

Registrar does the allotment of the IPO. Registrar is appointed by the company to manage all the registration related process i.e. Allotment of shares and refund processing. In this case, Karvy Computershare Pvt. Ltd. is the Registrar of the ICICI Prudential Life Insurance IPO.

Basis of IPO Allotment

The Registrar of the company allocates the stocks after enquiring most of the factors like extent of the issue subscribed, number of employees of the company applied for the IPO, required allotments to QIB as per the rules etc. Thereafter, the Registrar is responsible to initiate the basis of the allotment within the time period of two weeks of the issue close date.

ICICI Prudential IPO Basis of Allotment

Normally, allocation criteria of the segments is decided as QIB – 50%  HNI-15% and Retail- less than 35% of the Net issue.

Documents required to check the ICICI Prudential IPO Allotment Status

  • Mentioning your PAN Number details or
  • Your Application Form Number or
  • Your DP Clinet Id

Process for Checking ICICI Prudential IPO Allotment Status

ICICI Prudential IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date.

One can check the allotment on the below given link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps

  1. Click on the given link See Allotment Status here
  2. Go to Application status
  3. Select IPO as ICICI Prudential IPO
  4. Enter you PAN Number or Application Id or DP Client Id

Usually, It takes little time to fetch information so you need to be little patient.

Credit to Demat Account after Allotment

Usually, The shares allotted to you will be placed in your Demat Account within two business days.

Wish to sell them on first day of the listing

The procedures of Shares listing in stock market is done after completing all the allotment procedures with the investors account receive the shares in their respective demat accounts. If your Demat account is active, you will directly get your allotted shares in your account to trade in the secondary market. So most likely you will not loose opportunity and will be able to sell on the very first day.

Shares not credited to Demat Account

In case the shares are not credited to your Demat Account before listing date, you need to contact your registrar immediately with a copy of your DP Client Master. This will enable Registrar to upload your allotted shares in your demat account. You can send fax/scanned image of your documents. It is important to check before that your demat account must be active.

Refund in case of Non -Allotment or Partial Allotment

You will get physical refund order to your postal address or through ECS. It depends which mode have been selected with your broker at the time of filling form of your IPO request. It is the responsibility of the Registrar to dispatch or initiate the refund order /ECS transfer within 12 working days of issue close date at your postal address or in your account.

Refund via ECS

You will receive the refund in your account updated with your Depository participant. Incase of ASBA, the blockage will be released for the non allotted amount.

Contact details of Registrar

Karvy Computershare Private Limited

Karvy Selenium Tower B, Plot 31-32 Gachibowli, Financial District Nanakramguda, Hyderabad 500 032

Tel: (91 40) 6716 2222   Fax: (91 40) 2343 1551

E-mail: einward.ris@karvy.com

Investor grievance e-mail: icicprulife.ipo@karvy.com

Website: https://karisma.karvy.com

Contact person: M. Murali Krishna

SEBI registration number: INR000000221

Registered Office:

 ICICI Pru Life Towers, 1089, Appasaheb Marathe Marg, Prabhadevi,  Mumbai 400 025;

Tel: (91 22) 4039 1600;    Fax: (91 22) 6662 2031

Contact Person: Vyoma Manek, Company Secretary and Compliance Officer

E-mail: investor@iciciprulife.com;

 Website: www.iciciprulife.com

Corporate Identity Number: U66010MH2000PLC127837

Start trading in the new shares

You may start trading in your shares from the first listing day provided the shares are already credited in your Demat Account. Off market trading is not allowed and considered to be illegal.

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One thought on “How to check ICICI Prudential IPO Allotment Status

  • Most of the brokers and financial advisers gave positive rating about the IPO and asking to go for it. But at the end of the second day the IPO status is only booked for 50% of available shares only..SO doesn’t look like people are trying that hard for this one..May be long term bet?

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