How to Check IPO Allotment Status

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  • 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.

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.

IPO Allotment Status on BSE Website

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.

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.

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: 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.

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.

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.

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