Check IPO Allotment Status
Verify your IPO allotment status instantly and check recently closed IPOs easily.
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:
Visit the registrar's website (Link Intime, KFin, or Bigshare)
Select the IPO name from dropdown
Choose search method - PAN, Application Number, or DP Client ID
Enter your details correctly
Complete captcha if shown
Click "Submit" or "Check Status"
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
Go to BSE India website
Click on "Investors" then "IPO Allotment Status"
Select "Equity" as issue type
Choose IPO name
Enter PAN or application number
Submit to see result
3. Check via NSE Website
Visit NSE India website
Go to "Corporates" or "IPO" section
Click "IPO Allotment Status"
Select company name
Enter PAN or application details
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
Registrar Name | Handles | Check Status |
Link Intime (MUFG Intime) | Mainboard IPOs | Linkintime IPO allotment |
KFin Technologies | Mainboard & Large IPOs | KFin Status |
Bigshare Services | Mainboard & SME | Bigshare Status |
Cameo Corporate | SME IPO allotment status | Cameo Status |
Skyline Financial | SME IPOs | Skyline Status |
Maashitla Securities | SME IPOs | Maashitla Status |
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:
Select IPO name from dropdown
Choose search method (PAN/Application/DP ID)
Enter your details
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.
Frequently Asked Questions
What is IPO allotment status?
IPO allotment status tells you whether you have been allocated shares in an IPO after the subscription period closes. It is usually declared on T+1 working day and shows one of three outcomes: full allotment, partial allotment, or non-allotment. You can check it using your PAN, application number, or DP Client ID on the registrar's or exchange's website.
When is IPO allotment status announced?
Allotment status is finalized and published on T+1, one working day after the IPO closes, typically after 4 PM. Under SEBI's current fast-track listing framework, the full cycle runs T+1 (allotment) → T+2 (refund/share credit) → T+3 (listing), so status is usually visible within a day of the issue closing.
How do I check my IPO allotment status online?
Visit the registrar's website (Link Intime, KFin Technologies, or Bigshare, depending on which one is handling the IPO), select the IPO name, choose PAN or application number as the search method, and submit. You can also check status directly on the BSE or NSE website using the same details no login is required.
What details do I need to check IPO allotment status?
Any one of the following is enough: PAN number (most common), IPO application number, or DP Client ID. PAN is the easiest since you don't need to remember an application number. For SME IPOs, the same details work on the relevant registrar's site (commonly Bigshare or Cameo).
Can I check IPO allotment status through my broker app (Zerodha, Groww, Upstox)?
Yes. If you applied through a broker's UPI/ASBA flow, most broker apps (Zerodha Console, Groww, Upstox) show an "IPO status" or "Applied IPOs" section once the registrar finalizes results. The status will usually show as "Allotted" or "Not Allotted" this mirrors the registrar's data but may update a few hours later than the registrar's own website.
Who is the registrar, and why do I check allotment status on their site?
The registrar is a SEBI-registered entity (such as Link Intime, KFin Technologies, or Bigshare) appointed to manage an IPO's application verification and share allotment. They are the official source of allotment data before it reflects on your broker app or demat account, it is finalized and published on the registrar's website first.
What is the Basis of Allotment (BoA)?
The basis of allotment is the official document published by the registrar showing exactly how shares were distributed across categories: retail, HNI, and QIB. It states the subscription level in each category, the allotment method used (lottery or proportionate), and the total number of successful applicants. It's published on the registrar's site on the allotment date.
How are IPO shares allotted when an issue is oversubscribed?
If an IPO is oversubscribed, retail investors are allotted through a computerized lottery, since SEBI rules cap retail allotment at a maximum of one lot per successful applicant in most cases. HNI and QIB categories, by contrast, receive proportionate allotment based on the size of their bid relative to total demand in that category.
Is IPO allotment based on who applied first?
No. IPO allotment does not follow a first-come-first-served rule. Whether you apply on day one or the last day of the subscription window has no bearing on your allotment outcome. The retail allotment is decided purely by the lottery draw after the issue closes, and applying early does not improve your odds.
What does "Allotted," "Not Allotted," or "Partial Allotment" mean on the status page?
Allotted means you received the full number of shares/lots you applied for. "Not allotted" means you did not receive any shares, and your blocked amount will be refunded. Partial allotment applies mainly to HNI/NII applicants in oversubscribed issues, where you may receive fewer shares than applied for rather than none at all.
Why did I not get an IPO allotment?
The most common reason is simply losing the lottery draw in a heavily oversubscribed retail category this is a matter of chance, not eligibility. Other reasons include a PAN-demat mismatch, bidding below the cut-off price, duplicate applications from the same PAN across family accounts, or incomplete bank/UPI mandate approval before the deadline.
Can an IPO application get rejected instead of just "not allotted"?
Yes, rejection is different from non-allotment. Applications are commonly rejected due to PAN-demat name mismatches, an incorrect DP Client ID, a bid placed below the cut-off price, or duplicate PAN applications. The registrar's allotment status page usually indicates a rejection reason separately from a standard "not allotted" outcome, so check the remarks column carefully.
If I'm not allotted shares, how long does the refund take?
If you applied via UPI, the blocked amount is unblocked automatically, typically within 1–2 working days of the allotment date. ASBA applications through net banking may take slightly longer, generally within the T+2 refund window under SEBI's current timeline. No separate action is needed. Check your allotment status first to confirm non-allotment, then allow the standard refund window to pass.
What's the difference between allotment date and listing date?
The allotment date (T+1) is when the registrar finalizes and declares who received shares. Shares are credited to demat accounts on T+2, and the stock begins trading on the exchange on the listing date (T+3). You cannot sell shares before they are credited and listing begins there's a short gap of about two working days between allotment and listing.
My IPO allotment status isn't showing yet - What should I do?
If the IPO closed less than a day ago, the status is likely not finalized yet registrars typically publish results after 4 PM on T+1. If it's been longer, double-check you're on the correct registrar's site for that specific IPO (different IPOs use different registrars), and confirm you're entering the exact PAN or application number used at the time of applying.