How to Check IPO Allotment Status Online in Minutes 

Getting involved in an Initial Public Offering (IPO) can be quite the thrill for investors. After the subscription period wraps up, the next thing on your mind is whether you’ve snagged any shares. 

Backing yourself with numerous risk management strategies can help new participants in stock funding to sustainably calculate their resources and profit loss management.

Thanks to online platforms and quicker processing times, checking your IPO allotment status is now a breeze and can be done in just a few minutes. 

This guide will walk you through the steps to check your status online, outline the timelines involved, and explain what the results mean for you.

Let’s begin!

Key Takeaways

• Understanding IPO Allotment Compounds 
• Discovering when it was announced 
• Looking at some online assisting methods 
• Decoding some common issues 
• Uncovering some useful tips

Understanding IPO Allotment

IPO allotment is the process by which shares are distributed to investors after the subscription period ends. If an IPO turns out to be more popular than anticipated, the way shares are handed out follows SEBI rules to keep things fair for everyone involved, such as:

• Retail Individual Investors (RII). They are mainly beginners, and they are linked with some private bidders 

• Non-Institutional Investors (NII): High-net-worth individuals and other non-institutional bidders.
  
• Qualified Institutional Buyers (QIB): Large entities such as financial institutions, mutual funds, insurance firms, and foreign investors.

Intriguing Insights 

This infographic shows the core elements of the IPO allotment process. 

When Is IPO Allotment Announced

The complete process begins shortly after the numerous verification steps ensured by the authorities. The current timeline is as follows:

• T Day: IPO closes for subscription.
  
• T+3 or T+4 Days: Allotment finalised.
  
• T+6 Days: Shares credited to Demat accounts.
  
• T+6 or T+7 Days: Listing on the stock exchange.
  

These timelines can vary slightly, but most IPOs now follow the shorter T+3 to T+6 schedule.

Why Check the Allotment Status

Knowing whether you have received shares is important because:

• You’ll know whether your money is still tied up or if it’s free.
• It gives you a heads-up on what to do next, like whether to hang onto the shares for a while or think about selling them after they hit the market.
• It allows you to track the stock from day one if allotted.

Methods to Do an IPO Allotment Status Check Online

You can check your allotment status using one of the following methods:

1. Through the Registrar’s Website

The IPO’s allotment status is updated by its Registrar and Transfer Agent (RTA). Common RTAs in India include KFin Technologies (formerly Karvy), Link Intime India, and Bigshare Services. To check your status:

• Visit the official website of the IPO’s registrar.
  
• Locate the ‘Allotment Status’ section.
  
• Select the IPO you applied for.
  
• Enter your PAN, application number, or DP/Client ID.
  
• Click ‘Submit’ to view your allotment result.
  

2. Via BSE or NSE Websites

Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) display allotment information for listed IPOs.

For NSE:

• Go to www.nseindia.com.
  
• Navigate to “Invest”, then select “Resources & Tools”, followed by “Check Trades/Bids”, and finally “Verify IPO Bids”.
• Fill in the details and hit submit to check your status.

For BSE:

• Visit www.bseindia.com.
  
• Go to “Investors”, then choose “Investor Services”, followed by “Status of Issue Application”, and finally “Application Status Check”.
  
• Submit with the IPO name, application number, and PAN.

In both cases, the result will show ‘Allotted’ or ‘Not Allotted’.

3. Through Your Bank or Broker

Several banks and stockbrokers, including ICICI Direct, Zerodha, and Upstox, allow customers to check IPO allotment status directly on their websites.

4. SMS and Email Notifications

Many issuers and brokers communicate allotment updates via SMS or email. Ensure that your registered mobile number and email address are correct to receive timely notifications after allotment.

5. Using Third-Party Platforms

Moneycontrol, Business Standard, and ET Markets are among the financial websites that frequently provide allotment updates for the most recent IPOs. Popular investing apps such as Groww, Zerodha, and Upstox send notifications once the allotment process is finalised. Also, Financial marketplaces like Bajaj Markets make it easier for you to access tools and resources for understanding and tracking current IPOs.

6. Through Your Bank (ASBA Facility)

If you applied through the ASBA (Application Supported by Blocked Amount) process, you can check the status via your net banking portal.

• Log in to your net banking account.
  
• Go to the IPO application or ASBA section.
  
• View the application status, it will show ‘allotted’ or ‘not allotted’ and display whether funds are released.

Interesting facts 
They are major institutional investors like foreign portfolio investors, mutual funds, and banks, who are invited to invest in the IPO before it opens to the public. These investors usually put in a significant chunk of money and may also influence the IPO price. 
(Source)

What the Results Mean

Here’s what your IPO allotment status actually means:

Allotted

Once you spot that shares are allotted, they’ll hit your Demat account before the big listing day.

Not Allotted

This indicates that you did not receive shares, and your blocked funds will be released within a day or two.

Pending

Sometimes, you may see a ‘pending’ status if the allotment process has not been finalised yet. In such cases, try checking again later.

Common Issues While Checking Allotment Status

1. Wrong Info: Just a tiny mistake in your PAN or application number can lead to no results.
2. Timing: If you peek before the registrar refreshes the records, you might not see anything.
3. Website Traffic: On allotment days, exchange or registrar websites may be slow due to heavy traffic.

Tips for a Smooth Allotment Check

• Keep your application number, PAN, and client ID ready.
  
• Use the registrar’s site for the earliest updates.
  
• Be patient if results are not immediately available; wait for official confirmation.

Conclusion

An IPO allotment status check is now quick and easy, but ensure you enter accurate details for correct results.It assists you in strategizing your subsequent actions, regardless of whether you are maintaining equity positions or redistributing financial resources.