IPO Snapshot & Key Details
Before we check allotment, it helps to know the IPO’s key parameters:
| Parameter | Detail |
|---|---|
| IPO Type | SME / Book‑built issue on BSE SME |
| Price Band | ₹ 53 to ₹ 56 per share |
| Face Value | ₹ 10 per share |
| Lot / Minimum Shares | 2,000 shares per lot |
| Minimum Investment (Retail) | ₹ 1,12,000 (i.e. 2,000 × ₹ 56) |
| Issue Size | ~ ₹ 27.83 crore |
| Subscription Dates | 26 September – 30 September 2025 |
| Allotment Date | 1 October 2025 (expected) |
| Refund / Share Credit Date | 3 October 2025 |
| Listing Date | 6 October 2025 (tentative) |
| Reservation / Quotas | Retail quota ~35 %, QIB ~50 %, NII ~15 % |
Subscription Status & Demand
“Subscription status” indicates how many applications came in relative to the shares offered in each category. It’s a clue to how likely it is to get an allotment.
Some relevant data:
- According to IPO Watch, the minimum market lot is 4,000 shares (this seems to refer to minimum application) and the lot size is 2,000 shares.
- IPO Central states the IPO had 49.7 lakh fresh shares offered, with the subscription window from 26–30 September.
- Kotak Securities reports that on the final day, subscription rates were:
• Retail (RII): ~2.59×
• Non‑Institutional (NII): ~3.96×
• Qualified Institutional (QIB): ~6.03×
• Overall: ~3.87× - Zerodha’s IPO page confirms the schedule and parameters, and mentions allotment and credit dates.
These figures suggest that the IPO was oversubscribed, particularly in the QIB and non‑institutional categories, which increases the competition for shares.
How to Check IPO Allotment Status Online (Step by Step)
Once allotment is finalized (expected 1 October 2025), you can check via multiple routes. Here’s a consolidated step‑by‑step guide:
1. Registrar’s / Registrar Website
- The registrar for this IPO is Skyline Financial Services Pvt. Ltd.
- Visit the IPO/allotment section on the registrar’s site.
- Select KVS Castings IPO from the issuer list.
- Enter PAN, Application Number, or DP Client ID / Demat Account Number.
- Fill any captcha or security prompt.
- Click Submit / Search.
- The result will show:
• Shares you applied for
• Shares allotted (if any)
• Your name, application number, etc. - If allotment is not yet published, the system may show “Not Available / Not Declared.”
2. BSE “Check Allotment” Portal
- Go to the BSE investor services / IPO application check page (often under “appli_check.aspx”).
- Under “Issue Type,” choose Equity / SME.
- Under “Issue Name,” select KVS Castings.
- Enter your PAN and Application Number.
- Solve captcha / “I am not a robot” prompt.
- Click Search to view your allotment status.
- IPO Ji’s summary also suggests this route.
3. NSE (if supported for SME IPOs)
- Some SME IPOs are supported via the NSE portal.
- Navigate to IPO / Allotment section on NSE’s site.
- Select KVS Castings IPO, enter your PAN / application number, and submit.
- If allotment is active, you’ll see your status.
- IPO Ji mentions you can check via NSE too.
4. Your Broker / Demat / Trading Account
- Login to your broker or demat account (e.g. Zerodha, Upstox, Angel One).
- Go to IPO / Orders / Allotments section.
- Select KVS Castings IPO in your IPO applications list.
- If allotted, the system should show number of shares allotted, or “Not Allotted.”
- Many brokers also send SMS or email notifications.
5. IPO Aggregator Websites & Apps
- Use services like IPO Ji:
• Go to IPO Ji’s “IPO Allotment Status” section.
• Select KVS Castings IPO.
• Enter PAN / Application number / Demat ID.
• Click Check Status.
• You’ll see the allotment result. - Some aggregator sites also fetch data from registrar / stock exchange.
- Always cross-verify via official registrar or exchange.
Important Points & Tips to Know
Here are key things you should be aware of concerning this IPO and its allotment:
- Basis of Allotment (BOA)
The registrar will publish a basis of allotment document, which details how shares were distributed among valid applicants in each category. This helps you understand the allotment logic (pro rata distribution, rounding, etc.). - Oversubscription
Given the high subscription rates (esp. QIB, NII, Retail), many applicants may get partial allotment or none. Be prepared for competition. - Minimum Lot & Application Size
- A lot = 2,000 shares.
- Minimum investment = ₹1,12,000 (2,000 × ₹ 56)
- Refund & Share Credit Timeline
- Refunds for unsuccessful applicants expected 3 October 2025
- Shares allotted will be credited to successful applicants’ demat accounts on 3 October 2025 as well.
- Listing is scheduled for 6 October 2025 on BSE SME.
- Reasons for Non‑Allotment
- Your category (retail / NII) may have been oversubscribed
- Errors in your application (PAN mismatch, demat ID wrong, UPI / bank details wrong)
- If you bid below cut-off (if variable price issue)
- Rounding down in allocation process
- Check Official Notices & Updates
If allotment is delayed or changed, registrar or stock exchange will issue notices. Always verify via official sources rather than rumor. - No Guarantee of Listing Gains
Even if you’re allotted shares, listing gains are not guaranteed. Market conditions, demand, and company performance influence listing price. - Contact Registrar in Case of Issues
If your status shows allotment but shares aren’t credited, or if you observe discrepancies, you can contact the registrar:- Skyline Financial Services Pvt. Ltd.
- Phone: 022‑2851 1022
- Email: [email protected]
