How to Check IPO Allotment Status
After applying for an IPO in India, allotment results are typically announced within 6-7 business days of the IPO closing date. You can check your IPO allotment status through multiple official channels: the BSE or NSE website, the IPO registrar's portal, your broker's app, or your bank's ASBA portal. The allotment process is computerized and handled by SEBI-registered registrars like KFin Technologies, Link Intime, and Bigshare Services.
Method 1: BSE IPO Allotment Status Page
Visit bseindia.com and navigate to the IPO section. Select "Equity," enter the IPO's ISIN number (available on BSE or NSE website), your application number or PAN, and submit. The page will show your allotment status including number of shares allotted and refund amount if any.
Method 2: IPO Registrar Website
Each IPO has a designated registrar whose name is mentioned in the IPO prospectus. Visit the registrar's portal (kfintech.com for KFin, linkintime.co.in for Link Intime, bigshareonline.com for Bigshare) and navigate to the IPO allotment section. Enter your PAN or application number to check status.
Method 3: Through Your Broker or UPI App
Most brokers (Zerodha, Upstox, Angel One) and UPI apps (BHIM, Google Pay, PhonePe) that support IPO applications display allotment status in the IPO section of their app. This is the most convenient method for investors who applied through their broker's platform.
What Happens After Allotment
- Shares allotted: Shares are credited to your demat account by T+1 (one business day after allotment). The IPO listing typically occurs 6 days after the closing date.
- Partial or no allotment: In oversubscribed IPOs, you may receive fewer shares than applied for or none at all. Refunds for unallotted amounts are processed within 4-5 business days through the ASBA process (the blocked amount is unblocked).
- No shares allotted: For UPI-based applications, the mandate is released. For ASBA applications, the bank hold is released and funds become available again.
Key Takeaway
Checking IPO allotment status is a simple process through BSE, NSE, or registrar portals. Always track your application within the announced allotment date to confirm shares received or refund processed. If shares are allotted, monitor the listing price closely as listing day decisions (hold or sell) significantly impact IPO investment outcomes. Use the Lemonn app to stay updated on upcoming IPOs, listing performance, and company research for informed IPO investing in India.
