SMPP IPO Basis Of Allotment

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What is SMPP IPO basis of allotment status?

The "basis of allotment" document for the SMPP IPO details the method used to distribute shares to applicants and shows the demand for shares across each investor category.

To determine if shares have been assigned to your application, please visit the SMPP IPO allotment status page.

What is SMPP IPO Allotment Process?

In the SMPP IPO allotment process, the registrar first filters out applications with technical errors, leaving only valid applications. From this group, only those submitted at or above the cutoff price are considered for the final share allotment.

To find out how shares were distributed in the SMPP IPO, you can look at the SMPP IPO basis of allotment document.