Aster DM Healthcare Limited (ASTERDM) Basis of Allotment
Lottery allotment ratio, available retail lots, and step-by-step unblocking timeline.
Lottery Odds
1 in 1 (Full Allotment)
100.0% Probability
Retail Lot Size
76 Shares
₹14,440 per Lot
Retail Lots Offered
46,053
35% Net Allocation
Retail Bids Received
~46,053
1.00x Oversubscribed
Retail Allotment Mathematical Summary
| Parameter | Value | Regulatory Context |
|---|---|---|
| Cutoff Issue Price | ₹190.00 | Final discovered pricing |
| Minimum Bid Lot Size | 76 Shares | Minimum allowable retail application |
| Minimum Investment Required | ₹14,440.00 | Blocked in bank account via ASBA / UPI |
| Retail Quota Shares | 3,500,000 | 35% of total public offer |
| Total Retail Allottees Possible | 46,053 Applicants | Maximum successful retail beneficiaries |
| Retail Application Multiplier | 1.00x | Bids relative to available lots |
| Retail Lottery Odds | 1 in 1 (Full Allotment) | Computerized lottery execution odds |
Post-Issue Timeline & Refund Schedule
| Milestone | Target Date | Action Required by Investor |
|---|---|---|
| Bidding Window Closure | 2018-02-15 | UPI autopay mandates must be accepted before closing cutoff. |
| Basis of Allotment Finalization | Day T+1 | Registrar verifies applications and runs computerized lottery. |
| Initiation of Refunds & Unblocking | Day T+2 | Bank ASBA holds released and UPI mandates revoked for non-allottees. |
| Demat Share Credit | Day T+2 | Allotted shares credited to CDSL / NSDL Demat account. |
| Stock Exchange Listing | 2018-02-26 | Shares commence trading on NSE and BSE at 10:00 AM. |
Frequently Asked Questions
How is the Basis of Allotment calculated for Aster DM Healthcare Limited IPO?
Under SEBI rules, the Retail portion (46,053 lots of 76 shares each) is distributed by a computerized lottery when oversubscribed. Each valid applicant has equal odds of receiving 1 minimum lot.
What are my allotment chances for Aster DM Healthcare Limited IPO?
With retail oversubscription at approximately 1.00 times, the lottery ratio is approximately 1 in 1 (Full Allotment) (approx 100.0% probability per PAN card application).
When will my blocked funds be released if not allotted?
Bank ASBA holds and UPI autopay mandates are typically released within 24 to 48 hours following the finalization of the Basis of Allotment.
Can I apply multiple times using the same PAN?
No. Multiple applications submitted under the same Permanent Account Number (PAN) are identified by the registrar and rejected prior to lottery execution.