Initial Public Offerings (IPOs) can be a smart choice for market investors. You can submit your bid for an IPO till its subscription is open.
If an IPO gets oversubscribed, the share allocation is done through a lottery. Therefore, after applying for an IPO, investors must check whether they have received an allotment.
This guide helps you check your IPO allotment status. It explains the basic steps and shows you how to find out if you got shares in a company’s IPO.
What is the IPO Allotment Status?
IPO allotment status shows you if you got any shares after applying for an IPO. Since IPOs are usually oversubscribed, not all applicants receive shares.
The allotment status indicates if you are among the successful applicants. It also shows how many shares you have been allocated based on the company’s distribution formula. You can find out whether your application was accepted, rejected, or partially filled.
When is the IPO Allotment Done?
The IPO allotment process starts within six working days after the IPO subscription closes. Companies and their registrars follow SEBI guidelines to ensure fair distribution. The exact allotment date is always mentioned in the IPO documents, which allows investors to know when to check their application status.
Ways to Check IPO Allotment Status
Through the Registrar’s Website
The most reliable way to check your IPO allotment status is through the IPO registrar’s website:
- Visit the registrar’s website (LinkIntime, KFintech, Bigshare, etc.)
- Look for the “IPO Allotment Status” section
- Select the IPO name from the dropdown
- Enter your details (PAN number, application number, or DP/Client ID)
- Click “Submit” to see your allotment status
Through Stock Exchange Websites
Both BSE and NSE offer IPO allotment checking services:
- Go to the BSE or NSE IPO allotment page
- Select the IPO name
- Enter your application number or PAN number
- Click “Search” to view your results
Through Your Broker’s Website
If you applied through a broker:
- Log in to your account
- Check the IPO Order book
- Look at the “Shares Allotted” column
Details Required to Check IPO Allotment Status
To check your status, keep one of these details ready:
- PAN card number
- IPO application number
- Demat account number (DP/Client ID)
What Happens After Checking Allotment?
If you received shares:
- The shares will be credited to your account on the listing day
- You will receive confirmation through email or SMS
If you did not receive shares:
- Your blocked money will be released back to your account
- This usually happens within a day after the allotment announcement
Why You Might Not Get Allotted Shares
Common reasons include:
- Oversubscription (too many applicants)
- Incorrect PAN or bank details
- Problems with your demat account
- Technical issues during processing
Major IPO Registrars in India
The main registrars handling IPO allotment in India are:
- MUFG Intime India Pvt. Ltd. (formerly Link Intime)
- KFin Technologies Pvt. Ltd.
- Bigshare Services Pvt. Ltd.
- Cameo Corporate Services Ltd.
- Skyline Financial Services Pvt. Ltd.
Tips to Improve Your IPO Allotment Chances
- Apply for multiple IPOs to increase your chances. However, research the company thoroughly before investing.
- Submit your application early during the subscription period
- Keep all your documentation and application details handy
Conclusion
The IPO allotment process is transparent and designed to be fair to all investors. You can check your IPO allotment status online through various platforms. By understanding how the allotment works and keeping track of important dates, you can stay informed about your investment.