Polysil Irrigation Systems Limited recently opened its Initial Public Offering inviting various Investors to apply. Everyone who has applied for the IPO is now waiting for the publication of the Polysil Irrigation Systems IPO Allotment Result. Please note that according to the IPO schedule, the officials will provide the allotment result on 14th February 2024.
In the meantime, check out information regarding the GMP, polysilirrigation.com IPO Allotment Result accessibility process and others in the following article.
Polysil Irrigation Systems IPO Allotment Result
The allotment result can be accessed by visiting the official web portal of Bigshare Services Pvt Ltd. The allotment result can be accessed through the Application/ CAF Number, Beneficiary ID and PAN Number. The GMP of Polysil Irrigation Systems IPO has not yet started. We will mention the GMP as soon as the update is provided.
polysilirrigation.com IPO Allotment Result: Highlights
| Name of the Company | Polysil Irrigation Systems Limited |
| Name of the IPO Registrar | Bigshare Services Pvt Ltd |
| Price Listing At | NSE SME |
| Type of the Issue | Fixed Price Issue IPO |
| Price of the Shares | Rs. 54 per share |
| Allotment Result Availability Status | Available Soon |
| Allotment Result Availability Mode | Online Mode |
| Official Web Portal | https://polysilirrigation.com/ |
Polysil Irrigation Systems IPO Subscription Status
The following section provides readers with information regarding the subscription of the respective IPO. The information on subscriptions for the rest of the IPO days will be updated soon. Refer to the table available below to check Category-Wise Subscription details:
| Investor Categories | Shares Offered | Shares Bid for | Subscription (Times) | Total Amount (Rs Cr.) |
| Others | 1,532,000 | 6,18,000 | 0.4 | 3.34 |
| Retail Investors | 1,532,000 | 67,30,000 | 4.39 | 36.34 |
| Total | 3,064,000 | 73,56,000 | 2.4 Times | 39.72 Crores |
Polysil Irrigation Systems Initial Public Offering Schedule
| Particulars | Dates |
| Starting Date of the IPO | 8 February 2024 |
| Concluding Date of the IPO | 13 February 2024 |
| Availability of the Allotment Result | 14 February 2024 |
| Refund Process Commencing Date | 15 February 2024 |
| Share Transfer to Demat Account | 15 February 2024 |
| Price Listing Date | 16 February 2024 |
How to check the Polysil Irrigation Systems IPO Allotment Result?
Readers who are facing issues understanding the process of checking the allotment result can take the help of the following section. Here are the steps which will directly open the Polysil Irrigation Systems IPO Allotment Result on the respective screens:
- Firstly, go to the official website of BSE through this link address: https://www.bseindia.com/
- The landing page of the website will directly form on the respective screen.
- Start scrolling down the home page and locate the IPO Allotment Status option.
- Later on, click on the same option and the website will redirect the users to a new page.
- There you will see three different server links. Click on anyone, and a new page will again form on the screen.
- A separate section will be attached on the left side of the screen.
- Start by selecting the name of the company for which you want to check the IPO.
- Now, you will be asked to select the selection type to proceed further with the process.
- After that, enter the details according to the choice made at the previous stage.
- Finally, submit the details and the allotment result will open on the essential information device.
Polysil Irrigation Systems IPO Allotment Result: Important Links
| Go to the Portal | Polysil Irrigation Systems Limited Website Link Bigshare Services Pvt Ltd Website Link |
| Get the Allotment Result Link | Available Soon |
| Read the Prospectus of the IPO | Polysil Irrigation Systems IPO DRHP PDF |
| Follow for more updates | NVSHQ, Home Page |
Frequently Asked Questions
What are the objectives of opening the Polysil Irrigation Systems IPO?
The company opened its Initial Public Offering to fulfill the following objectives:
1. General purposes of the corporate
2. Provide funds to the working capital needs.
What are the financial details of Polysil Irrigation Systems Limited?
Between 31 March 2022 to 31 March 2023, the revenue of Polysil Irrigation Systems has increased by 16.6% only. However, the profit after tax has seen an incredible increase i.e., by 236.39%
When will the authority release the polysilirrigation.com IPO Allotment Result?
As per the schedule of the above-mentioned IPO, the officials will finalise the basis of allotment on 14th February 2024. On the next day, the company will start the share transfer as well as the refunding procedure
