Participating in an Initial Public Offering (IPO) can be an exciting experience, especially for retail investors hoping to gain early exposure to a promising company. After applying for shares in an IPO, the next important step is to check the IPO allotment status. This process allows investors to confirm whether they have received the shares they applied for. Since demand can often exceed supply, not every applicant gets allotted shares. Understanding where and how to check the IPO allotment status is essential for timely planning of investments and managing funds accordingly.
What Is IPO Allotment?
Overview of the Allotment Process
IPO allotment is the process by which shares are distributed among investors who have applied during the IPO subscription period. When the IPO is oversubscribed, shares are allotted through a lottery system, especially in the retail investor category. Once the basis of allotment is finalized, investors can check whether they have been allotted any shares.
The allotment process typically takes a few days after the IPO subscription closes. Once finalized, the status is updated on various official platforms. These platforms allow investors to check the outcome using details like PAN (Permanent Account Number), application number, or demat account number.
Where to Check IPO Allotment Status
Registrar’s Website
Every IPO has a registrar appointed by the issuing company. The registrar is responsible for handling IPO applications and finalizing the allotment process. Common registrars include Link Intime India, KFin Technologies, and Bigshare Services. Their websites provide dedicated sections for checking IPO allotment status.
To check allotment status on the registrar’s website:
- Visit the official website of the IPO registrar
- Navigate to the IPO Allotment or Public Issues section
- Select the IPO name from the dropdown list
- Enter required details such as PAN, application number, or DP/client ID
- Submit the information to view your allotment status
Stock Exchange Website
The websites of stock exchanges such as the BSE (Bombay Stock Exchange) or NSE (National Stock Exchange) also provide allotment status checking services. This is useful if you are unsure about the registrar’s website or want an alternative source.
Steps to check allotment on BSE:
- Go to the IPO allotment page on the BSE website
- Select Equity as the issue type
- Choose the IPO name from the list
- Enter your PAN number and any other required detail
- Click on Search to check the allotment result
Through Your Broker
If you applied for the IPO using an online trading platform or broker (like Zerodha, Groww, Upstox, etc.), they may notify you of the allotment status directly within the app or through email. Some brokers even provide a tracking feature inside their app to monitor IPO application and allotment progress.
However, keep in mind that brokers rely on registrar updates. So if the registrar hasn’t published the results yet, you may not see any update in your broker app either.
Using Demat Account and Application Number
In some cases, you can use your demat account details or application number to check the status. This method is helpful if you no longer have access to the email or SMS you received during the IPO application process.
Make sure you have your demat account details (DP ID and client ID) or the application reference number provided during the IPO application to proceed with this method.
When Is the IPO Allotment Status Available?
The IPO allotment status is typically available within 5 to 7 days after the IPO closes. However, this timeline can vary depending on the registrar and the volume of applications. Investors should regularly check the registrar’s website and stock exchange platforms starting from the tentative allotment date announced during the IPO schedule.
Tips for Timely Updates
- Note the IPO closing date and expected allotment date
- Bookmark the registrar’s website for quick access
- Enable notifications from your broker’s trading app
- Keep your PAN and application number handy
What to Do After Checking the Allotment Status
If Shares Are Allotted
If you have received an allotment, the shares will be credited to your demat account before the listing date. You can verify the credit through your broker app or demat account portal. Once listed, you may choose to hold the shares or sell them on the stock exchange based on market performance.
If Shares Are Not Allotted
If you do not receive any shares, the funds blocked in your bank account will be released or unblocked automatically. This refund process usually takes a couple of days, depending on your bank and the application method used (UPI, ASBA, etc.). No manual action is required to initiate the refund.
Common Issues and Troubleshooting
Website Not Responding
During peak times, especially on the day the allotment status is released, registrar websites may experience heavy traffic and become slow or unresponsive. In such cases, try again later or use alternative platforms such as the stock exchange website.
Incorrect Details Entered
If you enter the wrong PAN, application number, or DP ID, you may not get any results. Double-check the information before submitting the form to ensure accurate status updates.
No Update Despite Allotment Date
If there’s no update even after the expected allotment date, it’s possible the registrar has delayed publishing the information. In such cases, follow official IPO news or consult your broker for real-time information.
Knowing where and how to check your IPO allotment status is an important part of participating in an IPO. Whether you use the registrar’s website, stock exchange portal, or your broker’s app, each method provides a reliable way to stay updated on your allotment. Make sure to keep essential details like PAN and application number ready, and regularly check around the tentative allotment date. Understanding this process helps investors stay informed and manage their investments with confidence, whether they receive shares or not.