Check IPO Allotment Status

What is IPO Allotment Status?

IPO allotment status tells you whether you got shares in the IPO you applied for. After the IPO closes, the registrar decides who gets shares and publishes the results online. You can check allotment status using your PAN card, application number, or demat account details.

Checking your IPO allotment status is important because it tells you if you'll become a shareholder or get a refund. The allotment date of IPO is usually announced within 3-4 days after the IPO closes. This is called T+1 day, where T is the last day of the IPO subscription period.

You can check ipo status check online through registrar websites like Link Intime IPO allotment status page, BSE, NSE, or through SMS and email notifications sent automatically to your registered mobile and email.

What is IPO Allotment?

IPO allotment is the process of distributing shares to investors who applied during the Initial Public Offering. When a company goes public, it offers a fixed number of shares. Since many people apply, not everyone gets the shares they want.

Who manages IPO allotment?

The IPO registrar manages everything - collecting applications, verifying details, and deciding who gets shares. Major registrars in India include Link Intime (MUFG Intime), KFin Technologies, and Bigshare Services.

Timeline from application to allotment:

• Day T: IPO closes

• Day T+1: Allotment status check available (after 4 PM)

• Day T+2: Shares credited to demat account, refunds processed

• Day T+3: Stock starts trading on exchanges

Difference between allotment and listing:

Allotment (T+1) is when shares are given to you. Listing (T+3) is when the stock starts trading on BSE/NSE. You get shares first, but can only sell them after listing.

How to Check IPO Allotment Status Online?

1. Check via Registrar Website

The easiest way to check IPO allotment status online is through the registrar's official website.

Step-by-step process:

1. Visit the registrar's website (Link Intime, KFin, or Bigshare)

2. Select the IPO name from dropdown

3. Choose search method - PAN, Application Number, or DP Client ID

4. Enter your details correctly

5. Complete captcha if shown

6. Click "Submit" or "Check Status"

7. Your result will show - either shares allotted or not allotted

Required details:

• PAN Card Number (easiest method)

• IPO Application Number

• DP ID and Client ID (demat account details)

The Link Intime IPO allotment status check online is very user-friendly and handles most mainboard IPOs.

2. Check via BSE Website

1. Go to BSE India website

2. Click on "Investors" then "IPO Allotment Status"

3. Select "Equity" as issue type

4. Choose IPO name

5. Enter PAN or application number

6. Submit to see result

3. Check via NSE Website

1. Visit NSE India website

2. Go to "Corporates" or "IPO" section

3. Click "IPO Allotment Status"

4. Select company name

5. Enter PAN or application details

6. Submit to check status

3.4 Check via SMS/Email

You automatically get SMS and email from CDSL, NSDL, BSE, and NSE about your latest IPO allotment status. Make sure your mobile and email are updated with your broker.

Best IPO Registrars in India

Link Intime manages most big IPOs. You can find which registrar handles a specific IPO in the company's prospectus or on exchange websites.

Understanding IPO Allotment Process

How registrars decide allotment:

After IPO closes, the registrar checks all applications - verifies PAN, demat details, and funds. Then they calculate how many people applied versus available shares.

If more people apply than shares available (oversubscribed), the registrar uses:

• Lottery system for retail investors

• Proportionate allotment for HNI and institutional investors

Lottery System explained:

Used for retail investors when IPO is oversubscribed. A computer randomly selects winners. Selected people get at least one lot. Others get nothing.

Example: 10,000 people apply, only 5,000 lots available. Lottery picks 5,000 lucky winners. Each gets one lot. Remaining 5,000 get full refund.

Proportionate Allotment:

Used for HNI and QIB categories. Everyone gets a percentage of what they applied for.

Calculation: If HNI quota is 20% subscribed, you get 20% of shares you applied for.

Basis of Allotment (BoA):

Official document showing how shares were distributed. Published on registrar website and exchanges.

Timeline T, T+1, T+2, T+3:

• T: Issue close date

• T+1: Allotment date - status available after 4 PM

• T+2: Shares credited, refunds processed

• T+3: Listing date - trading starts

Types of IPO Allotment Methods

1. Lottery System

When used: For retail investors in oversubscribed IPOs

How it works: Computer randomly selects winners from all applications. Winners get minimum one lot.

Example:

• Retail shares available: 50,000

• Lot size: 10 shares

• Total lots: 5,000

• Applications received: 12,000

• Winners selected: 5,000

• Your chance: 41.67%

2. Proportionate Allotment

For HNI and QIB: Everyone gets partial shares based on subscription level.

Example:

• HNI quota: 1,00,000 shares

• Applications: 5,00,000 shares

• Allotment: 20%

• You applied: 1,000 shares

• You get: 200 shares (20% of 1,000)

3. First-Come-First-Served

Rarely used now. Early applicants got shares first. Not fair, so SEBI prefers lottery and proportionate methods.

Factors Affecting IPO Allotment

Oversubscription (Most important):

Higher oversubscription = Lower chances. If retail quota is 50x oversubscribed, only 2% people get shares.

Application size:

For retail, applying for one lot gives better lottery odds in heavily oversubscribed IPOs.

Investor category:

• Retail (up to ₹2 lakh): 35% quota, lottery system

• HNI (above ₹2 lakh): 15% quota, proportionate

• QIB: 50% quota, proportionate

Cut-off price:

Always bid at cut-off for retail. If you bid lower and final price is cut-off, your application gets rejected.

PAN and Demat accuracy:

Wrong details = Instant rejection. Double-check PAN, demat account number, and name spelling.

IPO Allotment for Different Categories

1. Retail Individual Investors (RII)

• 35% reservation in every IPO

• Maximum investment: ₹2 lakh per IPO

• Lottery system when oversubscribed

• Best strategy: Apply for one lot in heavily subscribed IPOs

2. High Net Worth Individuals (HNI)

• Applications above ₹2 lakh

• 15% reservation

• Proportionate allotment

• Usually 50-100x oversubscribed

• You get only 1-2% of what you applied for

3. Qualified Institutional Buyers (QIB)

• 50% reservation (largest quota)

• Mutual funds, insurance companies, banks

• Proportionate allotment

• Doesn't affect retail quota

How to Increase IPO Allotment Chances?

1. Apply at cut-off price Never bid below cut-off for retail category. Your application stays valid regardless of final price.

2. Apply for one lot In heavily oversubscribed IPOs (10x+), single lot gives better lottery odds.

3. Use family members' PAN Apply through spouse, parents, children's separate demat accounts. Each PAN = separate application.

4. Choose less oversubscribed IPOs Popular IPOs have 50-100x subscription. Look for quality IPOs with 3-10x subscription for better chances.

5. Avoid multiple applications One PAN = One application only. Multiple applications from same PAN = All rejected.

6. Complete KYC properly Ensure your KYC is complete with IPV done. Incomplete KYC = Rejection.

7. Check details twice Verify PAN, demat number, bank account before submitting. Small mistakes = Rejection.

What Happens After Allotment?

1. If You Get Allotment

Shares credited (T+2): Shares appear in your demat account by T+2 day. You'll get SMS confirmation.

Listing date (T+3): Stock starts trading on BSE/NSE. You can sell shares from 10 AM onwards.

When to sell: Sell on listing if stock lists at good premium (30%+). Hold if you believe in long-term potential.

2. If You Don't Get Allotment

Refund timeline:

• UPI: Unblocked in 2-3 days

• ASBA: Refund in 5-7 days

Why no allotment:

• Lost lottery (most common)

• Invalid application

• Bid below cut-off

• Wrong PAN/demat details

• Multiple applications from same PAN

Common Reasons for Non-Allotment

1. Lottery: Simply didn't get selected in random draw

2. Wrong PAN: PAN doesn't match with demat account

3. Demat errors: DP ID or Client ID entered incorrectly

4. Below cut-off bid: Bid at ₹190, final price ₹200 = Rejected

5. Duplicate applications: Two applications from same PAN = Both rejected

6. Insufficient funds: Balance fell below blocked amount

7. Technical errors: Internet issues, server problems during submission

8. Incomplete KYC: Documents not verified properly

IPO Allotment Status - Live Checker

Quick Status Check:

1. Select IPO name from dropdown

2. Choose search method (PAN/Application/DP ID)

3. Enter your details

4. Click "Check Status"

Direct Registrar Links:

• Link Intime IPO status: For most mainboard IPOs

• KFin Technologies: For large corporate IPOs

• Bigshare Services: For mainboard & SME

• Cameo, Skyline, Maashitla: For SME IPO allotment status

Check on exchanges:

• BSE IPO allotment status

• NSE IPO status check online

Today IPO allotment: Check if today ipo allotment is declared for any IPO you applied.

IPO Timeline - From Application to Listing

Day T-3 to T: IPO subscription period (3 days)

Day T: Issue closes at 5 PM

Day T+1: Allotment date

• Check status after 4 PM

• Latest IPO allotment status available

• Email/SMS notifications sent

Day T+2: Shares credited

• Successful applicants get shares in demat

• Allotment status check shows "Allotted"

• Refunds processed for unsuccessful applications

Day T+3: Listing date

• Stock trading starts at 10 AM

• IPO listing status visible

• You can sell shares

Tips for First-Time IPO Applicants

1. Research company: Check financials, business model, industry position.

2. Read prospectus (RHP): Understand risks, use of funds, management background.

3. Don't follow hype: Many hyped IPOs fail. Focus on fundamentals.

4. Use reliable broker: Choose established platforms with good technology.

5. Keep funds ready: Maintain buffer in bank account.

6. Save application number: Take screenshot for future reference.

7. Check GMP: Use grey market premium as one indicator, not the only one.

Important Links

Registrar Websites:

• Link Intime: linkintime.co.in

• KFin Technologies: kfintech.com

• Bigshare: bigshareonline.com

Stock Exchanges:

• BSE: bseindia.com

• NSE: nseindia.com

Regulatory:

• SEBI: sebi.gov.in

Glossary - IPO Allotment Terms

Allotment: Distribution of shares to applicants

Basis of Allotment (BoA): Document showing distribution methodology

Oversubscription: Applications exceed available shares

Lot Size: Minimum shares you can apply for

Cut-off Price: Highest price in price band

Registrar: Company managing IPO process

ASBA: Application Supported by Blocked Amount

T+1, T+2, T+3: Timeline days after IPO closes

RII: Retail Individual Investors (up to ₹2 lakh)

HNI/NII: High Net Worth Individuals (above ₹2 lakh)

QIB: Qualified Institutional Buyers (mutual funds, banks)

PAN: Permanent Account Number

DP ID: Depository Participant ID

Client ID: Your demat account number

About IndiaIPOUpdates Allotment Tracker

Why use our platform:

✓ Real-time updates: Latest IPO allotment information as soon as declared

✓ Easy navigation: Quick links to all IPO allotment status registrars

✓ Mobile-friendly: Check new IPO allotment status on phone easily

✓ Accurate data: Verified information from official sources

✓ No registration needed: Direct access to IPO allocation status links

✓ Daily updates: Track today ipo allotment and upcoming dates

We help Indian investors easily check allotment status IPO across all registrars without confusion. Bookmark our page for quick access to Link Intime IPO status, IPO allotment result, and latest IPO allotment status information.

Disclaimer: IPO allotment depends on lottery and subscription levels. IndiaIPOUpdates provides information only. We don't guarantee allotment or returns. Always research before investing.