IPO Allotment Status
Every investor applying for an IPO eagerly waits to know the IPO allotment status. Tracking the status allotment of an IPO helps you track if you’ve been allotted shares or not. IPO allotment typically occurs a few days after the bidding process concludes.
There are several ways through which you can check whether you’ve been allotted shares in an IPO or not. If yes, congratulations! If not, don’t get disappointed. There’s always a next time.
Check IPO Allotment Status (Mainboard IPO)
Check IPO Allotment Status (SME IPO)
| Company Name | Issue Open | Issue Close | Issue Price | Allotment |
|---|---|---|---|---|
3 Sep'25 | 9 Sep'25 | ₹52 | -- | |
4 Sep'25 | 9 Sep'25 | ₹192 | -- | |
4 Sep'25 | 9 Sep'25 | ₹77 | -- | |
2 Sep'25 | 4 Sep'25 | ₹80 | -- | |
2 May'25 | 6 May'25 | ₹78 |
What is IPO Allotment Status?
IPO allotment status tells you if you've received shares of an IPO after applying for it. It tells you the number of shares you’ve received in an IPO. Once the company finalises the status allotment of the IPO, you can check it using your PAN, application number, or client ID.
You can check the status of allotment of IPO from your broker's platform, registrar's website, or through the exchange. Tracking allotment status can help you understand the demand for share(s), its likely performance once it gets listed, and can help you make your next move with confidence. IPO application status check also helps you stay updated on your investments.
How to Check IPO Allotment Status Online?
You can check the IPO status through the registrar’s website or through BSE and NSE. Here’s a step-by-step process to find out the status of IPO allotment:
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Registrar’s Website
- Visit the official website of the respective registrar
- Search on the link for IPO allotment status
- Choose the respective IPO and enter either your PAN number, application number, or client ID
- Hit on ‘Submit’ or ‘Check status’ to know the IPO application status
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On BSE Website 1. Visit the official website of the Bombay Stock Exchange 2. Click on ‘Status of Issue Application’ under ‘Investor Services’ 3. Choose ‘Equity’ as issue type and choose ‘Issue Name’ from the dropdown 4. Enter either your ‘Application Number’ or ‘PAN Number’ 5. Click on ‘Search’ to know the status
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On NSE Website
- Visit the official website of the National Stock Exchange
- Follow the following path: Invest > Resource & Tools > Check Trades/Bids > Verify IPO Bids
- Choose company name from dropdown
- Enter PAN or application number
- Click on ‘Submit’ to know about IPO allotment status check
Procedure for the Allotment of Shares in an IPO
The allotment of shares in an IPO involves several key factors. The IPO registrar, along with the designated stock exchange, determines the allotment based on the number of shares offered and the bids received from various categories of investors, including retail, non-institutional, and qualified institutional bidders.
Only valid applications are considered for allotment, with invalid ones being rejected. Also, applications submitted at or above the cut-off price are allotted shares. Allotment is made within each category of investor according to the percentage determined, and the registrar publishes an allotment basis document outlining the details. Shares are allotted on a pro-rata basis, and in the event of oversubscription, they are allocated through a lottery system.
How is IPO Allotment Calculated?
IPO allotment is calculated based on the lot size applied for. To calculate IPO allotment, you need to determine the lot size and then check the issue size and the subscription rate. If oversubscribed, the allotment gets reduced.
For example, if the subscription is 10X and you've applied for 1000 shares, the chances of receiving allotment get reduced significantly. You may only receive a fraction of the shares or none at all. It also depends on the allocation method used. You get the shares in your Demat account if shares are allotted. If not, your money is refunded to your linked bank account.
Factors Affecting IPO Allotment Chances
- Subscription Rate A higher subscription rate reduces the chances of allotment. This is because when an IPO gets more bids than required, only a small portion of your application might be successful.
- Investor Category IPO allotments can vary depending on which category of investor you are, including retail, institutional, or high net worth. Some categories of investors have higher chances of allotment than others.
- Accuracy of Application The details provided in your application matter. Ensure you provide accurate details, including your name, PAN, Demat account number, and other relevant information. Even small errors could lead to application rejection. Also, applying with the correct minimum lot size as specified enhances allotment chances. Applications with incorrect lot sizes or amounts may get rejected. Tips for IPO Allotment Success
- Use Multiple Demat Accounts Applying through multiple Demat accounts with unique PAN numbers increases your chances of allotment. When you do so, it increases your chances of receiving at least one allotment. However, ensure that each application has a unique name and PAN.
- Apply for a Single Lot Apply for only one lot, especially in oversubscribed IPOs. In oversubscribed IPOs, applying for a single lot increases your chances of allotment and reduces the likelihood of rejection. SEBI rules ensure a fair allotment for all categories of investors, including retail investors.
- Bid at the Cut-off Price The cut-off price is the final price at which shares are allotted to investors. Bidding at this price improves your chances of receiving an allotment. It shows you are willing to buy shares at the final price set by the company.
Top IPO Registrars in India
For IPO status check, you can visit the website of these top IPO registrars:
- Bigshare Services Pvt Ltd One of the top IPO registrars in the country, Bigshare Services Pvt Ltd's expertise lies in registry and share transfer services. It also specialises in data management, ensuring secure and efficient processing of large datasets.
- MUFG Intime India Pvt Ltd A trusted name in IPO registry, MUFG Intime India Pvt Ltd was formerly known as Link Intime India Pvt Ltd. It offers a range of investor services, including public issues, rights issues, bonds, survey list, etc. It has a significant presence in major Indian cities, including New Delhi, Ahmedabad, Kolkata, Chennai, and Bangalore, among others.
- KFin Technologies Ltd One of India’s top IPO registrars, KFin Technologies Ltd, manages over 330 million investor folios. It serves over 569 AIF schemes and has over four decades of domain expertise as an issuer and an investor service provider.
- Cameo Corporate Services Ltd Cameo Corporate Services Ltd is another top IPO registrar in the country. As a share transfer agent and registrar, Cameo provides registry services to over 600 companies. With over 30 years of services, Cameo serves various prestigious clients, domestic and global.
How Does the Registrar Decide on IPO Allotment?
The IPO registrar plays a vital role in the IPO allotment process. Be it SME IPO allotment status or that of the mainboard, there are two things that generally happen:
- The total number of bids is less than the shares offered by the company (Case 1).
- The total number of bids exceeds the shares offered by the company. This is called
oversubscription (Case 2). In case 1, the registrar doesn’t intervene as eligible investors get the desired lot. However, in the second case, the IPO registrar plays a crucial role. The registrar follows the IPO allotment status regulation set by SEBI that mandates providing a minimum of one lot to every applicant who has applied for the IPO.
For example, if there are 80000 IPO shares and the minimum lot size is 80, at least 10,000 investors will get at least one lot. Also, there could be a small or large over-subscription. In the case of small oversubscription, applicants would initially receive shares of 1 lot.
On the other hand, in the case of large oversubscription, IPO allotment occurs through a lucky draw, as per SEBI’s guidelines. The lucky draw system is in place to ensure fairness. If allotted, the shares will be credited to your Demat account.
How to Apply for an IPO?
You can apply for an IPO easily through Kotak Securities. Open a Demat account with Kotak Securities and follow these steps to apply for an IPO:
- Log in to your Demat account with Kotak Securities to access IPO investments. Next, select the current IPO section
- Enter the number of lots for the IPO you wish to apply for, and enter the price you wish to apply for
- After entering your UPI ID, click submit. This will place your bid with the exchange
- Your UPI app will get a mandate notification to block funds
- Your funds will be blocked once you approve the mandate request on your UPI
IPO Allotment Status FAQs
How to check IPO allotment status on BSE and NSE?
To check allotment status, you can visit the official websites of BSE or NSE. On BSE, go to the ‘Investor Services’ section, select ‘Status of Issue Application’, choose ‘Equity’ as the issue type, pick the relevant issue name, enter your application or PAN number, and click ‘Search’.
To check IPO allocation status on NSE, navigate to Invest → Resource & Tools → Check Trades/Bids → Verify IPO Bids, select the company name from the dropdown, enter your PAN or application number, and click ‘Submit’ to view the status.
How long does an IPO allotment take?
The IPO allotment process generally takes 2 to 3 days after the IPO process is over. In some cases, it can be even a day after the IPO is over. To know the exact date of IPO allotment, refer to the company’s red herring prospectus.
What is the best way to improve my chances of getting an IPO allotment?
To improve your chances of getting an IPO allotment, apply through multiple family members’ accounts, as each PAN is treated as a separate application. Always apply for the minimum lot size in the retail category and make sure your application is submitted early and correctly through ASBA (bank) or UPI. This ensures there is no error.
What to do after IPO shares are allotted?
You can check the allotted shares in your Demat account on the allotment date. If allotted, you can decide whether to hold them for the long term or sell them after they are listed on the stock exchange. Think about your goals and act accordingly.
How do I check the IPO allotment status?
You can check the IPO allotment status through the registrar’s website or through the official website of the BSE and NSE. You can also contact your broker to know the status.
What time is the IPO allotment done?
The IPO allotment is generally completed within 5 days after the subscription period ends. The allotment is usually done in the evening.
Will I be notified if I don't get an allotment?
Yes, you’ll get a notification if you don’t get an allotment. If you don’t get the shares, the funds blocked will get released. You’ll receive a notification about it from your bank.
What happens If I do not get the allotment?
If you do not get any shares in the IPO, the money paid will be refunded to your bank account in a few days. This happens automatically. Hence, you don’t need to take any action. You can then use the money for other investments or to apply for another IPO.
How are shares allotted in an IPO?
If the demand is less than the number of shares, every applicant receives what they have applied for. On the other hand, if the demand is higher, the registrar uses a fair system. This is akin to a lottery to determine who receives shares. Those who don’t get any shares receive their money back.
How to get my IPO allotment refund?
The refund happens automatically. In the event of non-allotment, the refund will be credited back to the bank account linked to your IPO application. You will receive a notification once the refund is credited.
