Piotex Industries IPO Allotment To Be Out Soon; Here's How You Can Check Status Online

Piotex Industries IPO received a good response from the investors with an overall subscription of 107.44 times on the last day of bidding. The overall subscription breakdown is as follows:

• 'Others' category investors subscribed 115.21 times

• Retail investors subscribed 93.33 times, as per chittorgarh.com.

The bidding period for IPO ended on Tuesday, May 14. This SME IPO offered 15.4 lakh shares at a fixed price of Rs 94 per share, making the total issue size Rs 14.47 crore. For retail investors, the minimum investment required is Rs 112,800, which is equivalent to 1200 shares.

The allotment for the Piotex Industries IPO is expected to be finalised on Wednesday, May 15.

Investors can check the Piotex Industries IPO allotment status on Cameo Corporate Services Limited, the registrar for IPO, and on the BSE website.

• Visit the website of Cameo Corporate Services here:

  https://ipo.cameoindia.com/

• Select "Piotex Industries Limited" from the company drop-down menu.

• Choose one of the following options: Application Number, PAN, or DP Client ID and input the required details

• Complete the 'captcha'.

• Click on the 'Submit' button.

• Your IPO allotment status will be displayed on the screen.

• Go to the official BSE website here: https://www.bseindia.com/investors/appli_check.aspx

• Select the issue type as 'Equity.'

• Choose "Piotex Industries Limited" from the dropdown menu.

• Enter your application number or PAN (Permanent Account Number).

• Complete the 'Captcha' for verification.

• Click on the "Search" button to view your allotment status.

• Download or print the allotment status for your records.

Piotex Industries Limited will list at BSE SME on Friday, May 17. (likely listing date)

• IPO Open Date: Friday, May 10

• IPO Close Date: Tuesday, May 14

• Basis of Allotment: Wednesday, May 15

• Initiation of Refunds: Thursday, May 16

• Credit of Shares to Demat: Thursday, May 16

• Listing Date: Friday, May 17

Investors who received shares will have their demat accounts credited on May 16. The refund procedure will begin on the same day, as soon as the allotment is finalised.

Piotex Industries Limited is a professional textile industry with its headquarters in Pune, and contract manufacturing & exclusive selling ties up with spinning & weaving industries situated in Maharashtra. Piotex Industries Limited incorporated in 2019, is one of the fastest-growing company in the field of manufacturing and trading cotton bales, yarn, and fabrics.