Investing in an IPO (Initial Public Offering) can be exciting. Whether you’re a new investor or someone experienced, checking your IPO allotment status is a very important step. In this article, we will explain what IPO allotment status means, how you can check it, and what to do after that — all in simple and easy words.
Let’s begin!
Table of Contents
What Is an IPO?
Before we understand IPO allotment status, let’s understand what an IPO is.
IPO stands for Initial Public Offering. It happens when a company offers its shares to the public for the first time. People like you and me can invest in the company by buying these shares.
Once the IPO is open, investors can apply to buy shares. But not everyone who applies gets the shares — and that’s where IPO allotment comes in.
What Does IPO Allotment Mean?
IPO allotment is the process where the company decides how many shares each investor will get.
Imagine this:
- A company wants to sell 10 lakh shares.
- But investors apply for 50 lakh shares.
This means the IPO is oversubscribed. In such a case, shares are given using a lottery or proportionate method.
Now you wait to see how many shares you actually got. That is the IPO allotment status.
Why Checking IPO Allotment Status Is Important
You should check your IPO allotment status for a few reasons:
- To know if you got the shares or not
- To plan your next step (like selling or holding the shares)
- To know when your money will be refunded if you didn’t get the shares
It’s quick and easy — let’s see how.
How to Check IPO Allotment Status
You can check the IPO allotment status using a few methods. Let’s go through each one.
Through the Registrar’s Website
Every IPO has a registrar. It’s a company that handles the share allotment process. Some popular registrars are Link Intime and KFintech.
Steps to check:
- Visit the registrar’s official website (like linkintime.co.in or kfintech.com)
- Look for “IPO Allotment” or “IPO Status”
- Select the IPO you applied for
- Enter your PAN number or application number
- Click on “Submit” or “Search”
If the shares are allotted, you’ll see the number of shares you got. If not, it’ll show “No Allotment.”
Through the BSE Website
You can also check IPO allotment on the BSE (Bombay Stock Exchange) website.
Steps:
- Go to bseindia.com/investors/appli_check.aspx
- Select the IPO name
- Enter your PAN number and application number
- Click on “Search”
The website will show your allotment status.
Through Your Demat Account or Broker App
Most brokers (like Zerodha, Groww, Upstox, Angel One, etc.) allow you to check IPO allotment on their app or website.
Steps:
- Open your broker app
- Go to the IPO section
- Check your applied IPOs
- Click on the IPO to see your status
This is one of the easiest ways for regular investors.
What Happens If You Get the Allotment?
Congratulations! If you got the IPO allotment, here’s what will happen next:
- The allotted shares will be credited to your Demat account (usually a day before listing)
- You can sell them on the listing day or hold them for the long term
- Check the listing price on the day the shares are listed
Many people sell on listing day to make quick profits. But make sure to check the company’s background before making a decision.
What If You Don’t Get the Allotment?
If you didn’t get any shares, don’t worry. It happens often, especially when the IPO is very popular.
Here’s what happens next:
- Your application money will be refunded
- Refund is usually processed within 3-4 working days
- You can use the refunded amount to apply in the next IPO
Tip: To improve your chances next time, apply through multiple Demat accounts in your family, if possible.
When Can You Check IPO Allotment Status?
The IPO allotment status is usually available 5-7 days after the IPO closes.
Here’s a rough timeline:
- Day 1-3: IPO is open for bidding
- Day 4: IPO closes
- Day 6-7: Allotment is finalized
- Day 8-9: Shares credited to Demat account
- Day 10: IPO listing on stock exchange
Keep checking the registrar’s or exchange website for updates.
Some Common Terms You Should Know
Here are a few simple terms that can help you understand the IPO allotment process better:
Oversubscription
When more people apply for shares than what’s available. This reduces the chances of getting allotment.
Refund
If you don’t get shares, your money is returned. This is called a refund.
Demat Account
It is like a bank account, but for shares. You must have a Demat account to apply for IPOs.
Cut-off Price
It is the final price decided for the IPO shares. You can apply at this price to improve your allotment chances.
Tips for a Smooth IPO Experience
Want a better experience applying and checking IPO allotments? Follow these tips:
- Always apply using UPI for faster processing
- Double-check your PAN and UPI details
- Apply early during the IPO window
- Use multiple accounts (within the rules) to increase chances
- Keep track of refund and credit dates
Latest IPO Trends in India
IPOs have become very popular in India over the last few years. Many people are using them to earn quick returns. Here are a few reasons why:
- Strong stock market growth
- Easy application process through UPI and mobile apps
- High demand for quality companies
Popular IPOs like LIC, Zomato, and Nykaa received record subscriptions.
But remember, not all IPOs give profits. So, always check the company’s background before applying.
FAQs on IPO Allotment Status
Here are some frequently asked questions to help you more.
Can I check allotment using my PAN?
Yes. Most websites allow you to check allotment status using your PAN number.
How will I know if I got IPO allotment?
You’ll get a message or email from the registrar. You can also check online.
How many days to get refund if no allotment?
Usually within 3-4 working days after allotment is done.
Do I need to pay again if I get shares?
No. The money is already blocked during application. It gets deducted only if you get the shares.
What if I entered the wrong PAN or UPI ID?
Your IPO application may get rejected. So always double-check your details.
Final Thoughts
IPO allotment status is an important part of the IPO process. It helps you know if you got the shares or not. With modern apps and websites, checking the status is easy and quick. All you need is your PAN, application number, or Demat details.