Clastek Engineering Ltd.

The lot size for the Clastek Engineering Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.

Cameo Corporate Services Ltd is the registrar for the Clastek Engineering Ltd. IPO.

The registrar processes the basis of allotment, refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 044-28460390/28460394.

Clastek Engineering Ltd. IPO shares are proposed to be listed on NSE.

Each Clastek Engineering Ltd. share has a face value of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

55,00,000 shares of Clastek Engineering Ltd. are being offered to the public in this issue.

1. 1.For expansion of our existing manufacturing facility K-22 (2), Sipcot Industrial Park Mambakkam Village, Sriperumbudur, Tamil Nadu, India, 602105
2. 2.Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
3. 3.For funding Working Capital Requirement
4. 4.General corporate purposes

GYR Capital Advisors Pvt Ltd. is the book running lead manager for the Clastek Engineering Ltd. IPO.

Pre-apply means placing your Clastek Engineering Ltd. IPO application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the basis of allotment for retail investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Clastek Engineering Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the price band or at the cut-off price, and the money stays blocked in your bank account until the basis of allotment is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Clastek Engineering Ltd. IPO bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.