• Invest
    Investment Suite
    Stocks
    Mutual Funds
    Future and Options
    IPO
    Exchange Traded Funds
    Commodity
    Stockcase (Stock Baskets)
    Currency
    Non Convertible Debentures
    Sovereign Gold Bond
    Exclusive
    NRI Account
    Private Client Group
    Features
    SipIt
    MTF
    Investment Suite
    Exclusive
    Features
  • Platform
    Product Suite
    Kotak Neo App & Web
    Nest Trading Terminal
    NEO Trade APIs
    Features and Tools
    MTF
    Securities Accepted as Collateral
    Margin Requirements
    Payoff Analyzer
    Calculators
    SIP Calculator
    Lumpsum Calculator
    Brokerage Calculator
    Margin Calculator
    MTF Calculator
    All Calculators
    Product Suite
    Features and Tools
    Calculators
  • Pricing
  • Research
    Research Calls
    Long Term calls
    Short Term calls
    Intraday calls
    Derivatives calls
    Pick of the week
    Top Monthly Picks
    Research Reports
    Fundamental Research Report
    Technical Research Report
    Derivative Research Report
    Research Calls
    Research Reports
  • Market
    Stocks
    Market Movers
    Large Cap
    Mid Cap
    Small Cap
    Indices
    Nifty 50
    Bank Nifty
    FinNifty
    Nifty Midcap India
    VIX
    All Indian Indices
    Mutual Funds
    SBI Mutual Funds
    HDFC Mutual Funds
    Axis Mutual Funds
    ICICI Prudential Mutual Funds
    Nippon India Mutual Funds
    All AMC's
    IPO
    Upcoming IPO
    Current IPO
    Closed IPO
    Recently Listed IPO
    Stocks
    Indices
    Mutual Funds
    IPO
  • Learn
    Resource
    Market Ready
    Kotak Insights
    Infographic
    Podcast
    Webinars
    Youtube Channel
    Quarterly Results
    Investing Guide
    Demat Account
    Trading Account
    Share Market
    Intraday Trading
    IPO
    Mutual Funds
    Commodities
    Currency
    Futures & Options
    Derivatives
    Margin Trading
    Events
    Budget 2024
    Muhurat Trading
    Share Market Holiday
    Market Outlook 2024
    Resource
    Investing Guide
    Events
  • Partner
    Business Associates
    Fund Expert
    Kotak Connect Plus
    Startup connect
  • Support
    FAQs
    Circulars
    Bulletins
    Contact Us
    Forms Download
    Get your Statement
​

How to Check IPO Allotment Status

  •  4 min read
  • 0•
  • 13 Jun 2023

Investing in IPOs can be an exciting opportunity to participate in the growth of promising firms. Once you have applied for an IPO, the next important step is to check the IPO allotment status. Read on to learn the process of checking the IPO allotment status and help you stay informed about the outcome of your investment.

IPO allotment refers to the process through which shares are distributed to investors who have applied for an IPO. When a company goes public, it offers a certain number of shares to the public. Investors apply for these shares and the company, along with its registrar, allots shares based on the demand and supply dynamics. The allotment process ensures that shares are distributed fairly among eligible investors.

Before you begin checking the IPO allotment status, make sure you have the following information readily available:

  • Application Number: This unique identification number is provided to you during the IPO application process.

  • PAN: Your PAN card details are required to access the IPO allotment status.

Once you have these details:

  • Visit the Official IPO Registrar's Website

Visit the official website of the IPO registrar responsible for handling the IPO allotment process. This information is typically mentioned in the IPO prospectus or application form. Once on the website, look for a section related to "IPO Allotment Status" or a similar term.

  • Select the IPO and Enter Details

You will likely find a list of recent IPOs on the IPO registrar's website. Locate the IPO you have applied for and click on it. You will be directed to a new page where you can enter your application details.

  • Enter Application Details

Enter your application number and PAN number in the respective fields. Double-check the information to ensure accuracy. Some websites may require you to enter additional details, such as the number of shares applied for or the bid price.

  • Submit and View Allotment Status

Once you have entered the required information, click on the "Submit" or "View Allotment Status" button. The website will process your request and display the IPO allotment status.

Depending on the IPO allotment status outcome, the registrar's website may provide further instructions. It could include details on the refund process for rejected applications or guidelines on the payment and listing of allotted shares.

You can also check IPO allotment status on Bombay Stock Exchange's website. To check:

  • Visit the BSE website and log in

  • On the webpage, locate the box labeled "Issue Type" and select "Equity" from the options provided

  • Choose the IPO name from the available options

  • Enter your application number and PAN number in the designated fields

  • Click on the "Search" button to start the search process

  • On your screen, whether you're using a mobile or desktop device, the IPO allotment status will be displayed

You can also check about IPO allotment through your Demat account. To do so:

  • Visit the official website of your Demat account provider or the online platform of your Trading account

  • Enter your login credentials, including your username and password. If you haven't registered for an online account, you may need to sign up first

  • Once logged in, navigate to the section that displays your portfolio or holdings

  • Look for the IPO allotment status or a similar option within your account dashboard. The website may have a dedicated section for IPOs

  • If you have been allotted shares, they should appear in your Demat account under the IPO section. The number of credited shares will be mentioned, confirming the successful allotment

One of the easiest ways to check the IPO allotment status is to contact your broker. Your broker will have access to the latest information regarding the allotment process. Simply call them and provide them with your application details, such as the application number and PAN card number.

They will then be able to check the status on your behalf and inform you whether the shares have been allocated to your account or not. Procedure of IPO Allotment of Shares

Here's a detailed breakdown of the IPO allotment process.

  1. Application submission: Investors submit their applications for the IPO through various channels such as brokers, banks, or online trading platforms.

  2. Application verification: The registrar verifies the applications to ensure they meet all the necessary criteria.

  3. Allotment calculation: The shares are allotted based on the demand and supply. If the IPO is oversubscribed, shares are allotted proportionately or through a lottery system.

  4. Final allotment: The final list of allotted shares is prepared, and investors are notified about their IPO allotment status.

  5. Refund process: Investors who did not receive the full allotment or did not receive any shares at all are refunded the application amount.

Possible Outcomes After IPO Allotment

There are three possible outcomes post-checking your IPO allotment status. These are:

  • Allotment Status: If you have been allocated shares, the website will indicate the number of shares allotted to you.

  • Rejection Status: In case your application has been rejected, the website will state the reason for rejection or mention that you have not been allotted any shares.

  • Waiting Status: Sometimes, you may find that the allotment status is still under process. In such cases, you need to wait until the final allotment is declared.

Here are the steps to check IPO allotment status.

  1. Visit the registrar's website: The registrar of the IPO provides an online portal where you can check the status of your application.

  2. Enter required details: You will need to enter your application number, PAN number, or DP ID/client ID to access your IPO allotment status.

  3. Verify allotment: After entering the required details, you will be able to see the number of shares allotted to you, if any.

  4. Check on BSE/NSE website: You can also check IPO allotment status on the BSE or NSE website by entering similar details.

  5. Bank notification: Some banks also send notifications regarding the IPO status to their customers who have applied through them.

Things to Do After Checking IPO Allotment Status

After checking your IPO allotment status, there are several actions you can take depending on the outcome:

Allotment Received

If you have been allotted shares in the IPO, you may consider the following steps:

  • Make the payment: Ensure you pay for the shares within the stipulated timeframe in the IPO prospectus. Failure to do so may result in the forfeiture of your allotted shares.

  • Review the allocation details: Carefully review the allotment details, including the number of shares allocated to you and the price at which they were allotted.

  • Plan your investment strategy: Evaluate your investment goals and the company's prospects before deciding whether to hold or sell the allotted shares. Consult with a financial advisor if needed.

Allotment Not Received

If you were not allotted any shares in the IPO, you can consider the following actions:

  • Assess alternative investment options: Explore other investment opportunities in the market. Research and analyze different investment avenues that align with your financial goals.

  • Stay updated: Monitor the performance of the company whose IPO you applied for. It can help you gauge the market sentiment and future investment prospects.

  • Review your portfolio: Evaluate your existing investment portfolio and make any necessary adjustments based on your risk tolerance and investment objectives.

The calculation of IPO allotment depends on several factors, including the number of shares offered and the total number of applications received. If the IPO is oversubscribed, the allotment is done on a proportional basis or through a lottery system. Here's an illustrative table to explain the allotment process:

Number of shares applied Total applications Shares allotted (Proportional basis) Shares allotted (Lottery system)
1000
5000
200
0 or 1000
500
3000
100
0 or 500
200
2000
40
0 or 200
100
1000
20
0 or 100

This table shows how shares are allotted based on the total number of applications and the chosen allotment method.

The primary factor is the demand for shares compared to the number of shares offered. Higher demand may lead to oversubscription, affecting the allotment ratio. Different categories of investors, such as retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs), have different allotment quotas.

The number of shares applied for also affects the allotment. Smaller applications may have a higher chance of full allotment in proportionate allotment scenarios. The company's allotment policies and the registrar's guidelines also play a significant role in determining the final allotment.

To Sum Up

Checking the IPO allotment status is essential in your IPO investment journey. By following the steps outlined in this blog, you can easily stay updated on the outcome of your application. If you cannot find the allotment status, check with your broker.

Seize the moment – apply for Hyundai Motor India IPO

FAQs

You can check your IPO allotment status via the registrar’s website, on BSE’s portal, though your Demat account, or by simply calling your broker.

It is typically announced after a few days of the IPO’s closing date.

It means that the process of allotting shares to applicants is still ongoing, and the final allotment status is yet to be determined.

The IPO prospectus will specify the timeframe within which you need to make the payment for the allotted shares.

Generally, you cannot change your decision to invest in the IPO after receiving the allotment.

Shares are typically allocated based on factors such as the number of shares available, the demand from investors, and the allotment criteria set by the company and regulatory authorities.

Did you enjoy this article?

0 people liked this article.

What could we have done to make this article better?

Enjoy Free Demat Account Opening
+91 -

personImage
Enjoy Free Demat Account Opening
+91 -