IPO Allotment Status: Check Registrar’s Allotment Link, Date
How To Check IPO Allotment Status?
The IPO allotment status can be checked on the Registrar’s and BSE’s website.
Follow these steps to find out the status of your IPO allotment:
1. Click the Allotment Status Link below to check the allotment status.
2. Choose the name of the company.
3. Enter your PAN, Application number, or DP Client ID.
4. Click on Submit.
IPO allotment is the process through which shares are distributed to investors who have applied during the IPO subscription period. The allotment is conducted by the registrar of the IPO on behalf of the company. In cases of oversubscription, where the number of applications exceeds the available shares, the allotment is typically done through a computerized lottery system to ensure fairness. The outcome of the allotment is then communicated to investors via email or SMS, and those allotted shares are credited to their Demat accounts.
Factors Influencing IPO Allotment
- Subscription Level: Higher oversubscription reduces the chances of allotment per applicant.
- Application Category: Retail, HNI, and institutional categories have different allotment rules.
- Accuracy of Application Details: Errors in PAN, Demat, or bank details can lead to rejection.
- Lottery System: In case of oversubscription, allotment is often decided by a computerized draw.
Tips to Increase Chances of IPO Allotment
- Apply Through Multiple Demat Accounts: Use accounts registered under different family members.
- Submit Minimum Lot Applications: Multiple small applications are better than one large application.
- Ensure Error-Free Details: Double-check PAN, Demat, and bank account information before applying.
- Apply Early: Submitting your application early can avoid last-minute technical issues.
- Choose the Right Category: Consider applying in both retail and HNI categories, if applicable.
- Stay Updated on Subscription Data: Monitor real-time subscription levels to gauge demand.
Frequently Asked Questions: IPO Allotment Status
What is IPO allotment?
IPO allotment refers to distributing shares to investors who have applied for an Initial Public Offering (IPO). The allotment is based on the number of shares available and the number of applications received.
How can I check my IPO allotment status?
You can check your IPO allotment status by visiting the IPO registrar’s website or using the link provided on our page. You’ll need your PAN number, application number, or DP/client ID to check the status.
When is the IPO allotment date?
The IPO allotment date is usually a few days after the IPO subscription period closes. You can find the allotment date for each IPO on our page.
When will the IPO allotment status released?
The release time of IPO allotment status differs with different registrars. There is no fixed time. But the most probable time of the release of IPO allotment status by different registrars is as follows:
- Link Intime: Around 11:30 pm on IPO Allotment day.
- KFintech: Around 11 pm on IPO allotment day.
- Bigshare: Around 7 pm on IPO allotment day.
What details do I need to check my IPO allotment status?
To check your IPO allotment status, you will need:
- PAN number
- Application number
- DP/client ID
What should I do if I don’t get an allotment?
If you do not get an allotment, the amount blocked in your bank account will be unblocked through the ASBA (Application Supported by Blocked Amount) process. The unblocking typically happens a few days after the allotment date.
What happens after the IPO allotment is done?
After the IPO allotment, the allotted shares will be credited to your Demat account. You can start trading these shares once they are listed on the stock exchange.
How is the IPO allotment process conducted?
The IPO allotment process is conducted through a computerized lottery system to ensure fairness. The process is managed by the IPO registrar.
Who is the IPO registrar and what is their role?
The IPO registrar is responsible for processing IPO applications, conducting the allotment, and managing refunds. They act as an intermediary between the issuing company and the investors.
What should I do if there is an error in my allotment status?
If there is an error in your allotment status, you should contact the IPO registrar immediately.
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