New Malayalam Steel IPO allotment status to be finalized on 24 December

The New Malayalam Steel IPO allotment status is not available as the basis of allotment is not finalized yet. The allotment will be available on 24th December, Tuesday. The New Malayalam Steel IPO subscription was ended on 23rd December, Monday.

The investors who applied for the IPO will be able to check the New Malayalam Steel IPO allotment status on Tuesday. They can check the allotment online on the KFin Technologies Limited website or the NSE website. The IPO was subscribed 50.69 times overall. The IPO GMP went around ₹30 level after the subscription ended.

New Malayalam Steel IPO

New Malayalam Steel IPO Allotment Date

As per the timeline, the New Malayalam Steel IPO allotment date is 24th December, Tuesday. The investors can check the IPO allotment via the registrar website of KfinTech or the NSE website. Investors can check the allotment status online and offline with easy steps given below:


KfinTech:KfinTech IPO Allotment Page
NSE:NSE IPO Allotment Page
IPO Watch:IPO Allotment Status Page

Step 1: How do you check New Malayalam Steel’ IPO Allotment Status on KfinTech?

  • Log on to New Malayalam Steel IPO allotment page – KfinTech.com
  • Select IPO Name ‘New Malayalam Steel‘ from the drop-down menu bar
  • Select Option from PAN Number, Application Number, or DP ID Option
  • As per selection add  PAN Number, Application Number, or Demat Account Number
  • Click on the ‘Search’ Button
  • Check your allotment on the screen (mobile/desktop).
KFintech IPO Allotment Status
KfinTech IPO Allotment Status

Step 2: How do you check New Malayalam Steel IPO Allotment Status on NSE?

  • Log on to the NSE IPO allotment page – NSEIndia.com
  • Select IPO Name ‘New Malayalam Steel‘ from the drop-down menu bar
  • Select Option from PAN Number, Application Number, or DP ID Option
  • As per selection add  PAN Number, Application Number, or Demat Account Number
  • Click on the ‘Search’ Button
  • Check your allotment on the screen (mobile/desktop).
NSE IPO Allotment Status
NSE IPO Allotment Status

Step 3: How do you check New Malayalam Steel IPO Allotment in the Demant Account?

  • Call Your Broker or Login to Your Demat Account / Trading Account
  • Check whether the stock is credited to your account or not
  • If you got the allotment the credited shares will appear in the Demat account

Step 4: How do you check New Malayalam Steel IPO Allotment in a Bank Account?

  • Login to your Bank Account from which you applied the New Malayalam Steel IPO
  • Check the Balance Tab
  • If you got the allotment the Amount will be debited
  • If you did not get the allotment the Amount will be released
  • If you got the allotment you got an SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”

New Malayalam Steel IPO Dates

IPO Open Date:December 19, 2024
IPO Close Date:December 23, 2024
Basis of Allotment:December 24, 2024
Refunds:December 26, 2024
Credit to Demat Account:December 26, 2024
IPO Listing Date:December 27, 2024

About Company

New Malayalam Steel is one of the leading companies in the manufacture and supplier of steel tubes and pipes, founded in 2017. Owing to a wide range of steel products for different industries and contraction needs they are popular among the world. Moreover, they achieve customer satisfaction and build strong relationships with them by providing galvanized or black steel and having tubes and pipes in different sizes, wall thicknesses, and specifications. Further, in-depth knowledge and market research of the steel industry assists them in building a brand reputation for “Demac Steel”. They reduce operational costs by efficient manufacturing processes and supply chain management. In 2019, to keep up with increasing demand and enhance its position in the market, the company boosted its manufacturing capacity by adding a new electric resistance welding tube mill. The company promotes its products through different methods, such as Shop branding, Bus ads, Ads at metro stations, Billboard displays, and Newspaper ads.

Note: New Malayalam Steel IPO Registrar is responsible for the IPO allotment and refund process. If you have any queries regarding the New Malayalam Steel IPO Allotment date and time please contact the registrar with your queries.

New Malayalam Steel IPO Allotment Status FAQs


When is New Malayalam Steel IPO Allotment Date?

New Malayalam Steel IPO Allotment is to be available on December 24, 2024 Tuesday.

What will be New Malayalam Steel IPO Refund Date?

The IPO refund date is December 26, 2024, Thursday.

How to check the New Malayalam Steel IPO Allotment Status?

Check New Malayalam Steel IPO allotment status via your PAN number, the application number, or the amount deducted in your bank.

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