How to check IPO Allotment Status?

IPO allotment status is a crucial step in the IPO process, as it is received by the investor during the allotment procedure. This alert will give the details on the allocation procedure and disclose the timeline.

Overview

IPO allotment status details the number of shares allotted to the investor in an initial public offer. The IPO register performs the allotment process, and the date of allotment is the date when the allotment status is announced to the public on the IPO register's website. 

What is IPO Allotment?

IPO allotment is about informing the investor, as it refers to the distribution of shares to investors who have applied for an IPO. Due to high demand, not all the applicants may receive shares, so always make sure to make the allotment process crucial for the investors.

This is vital as it helps the investor prepare for the next steps, like planning for listing day or making future investment decisions. Knowing your IPO allotment or checking it on time allows you to access the investment outcomes ahead of the shares being listed on the stock exchange.

How to check IPO Allotment Status Online?

If you want to check IPO allotment, then you must know there are several ways to do it:

1. Through the Stock Exchange 

Here you can check IPO allotment Status via BSE or the NSE by following these simple instructions:

• Navigate the BSE Website.
• Locate the status application section so you can access the BSE IPO allotment check page.
• Select the issue type, so choose the equity from the drop-down menu under the Issue Type section.
• Then you have to select the IPO company from the list, whose IPO you applied for.
• Now enter your application number or PAN in the required field.
• Click on the submit button.

2. Through Registrar's website 

This platform, like Link Intime or KFintech, also offers an easy way to perform an Allotment status check online, so you can access these sites and follow similar steps.

1. Navigate the registrar's official website.
2. Visit the IPO allotment status section.
3. Enter the details such as PAN, DP ID / Client ID, and Application number. 
4. Then, click on the submit button to view your allotment status.

Also, Check - How to check IPO Allotment Status in Groww App

When Can You Check the IPO Allotment Status?

Well, you can check it is usually made available 4-5 days after the IPO closes. If the IPO closes on November 25th, you can expect allotment results by November 30th.

IPO Allotment Status Check 

Common Issues and Their Solution

Here are some common issue and their solutions at the time of IPO allotment:

• Server issues: This server issue is a very common issue faced by users, so during peak times, the website may experience downtime. At that time, you just try again during non-peak hours.
• Invalid PAN / Application Number: Sometimes, users make these mistakes, so for this, you need to double-check the details entered.
• Delayed Updates: Well, it may be possible sometimes as the registrar site might take time to update. Then, check with your broker as well.

Conclusion

In conclusion, we have mentioned all the details that you need to know about the IPO allotment status. We hope the information in this blog is helpful and informative.

About the Author

Saniya

I am a writer, and this sentence speaks louder than anything, I love to play with words because I have a passion for writing easy and good-quality content that reflects simplicity. Readers like content that is straightforward with simple language. My priority has always been to deliver content that connects with the reader.

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