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How to Check IPO Allotment Status Online?

How to Check IPO Allotment Status Online?

The basic question every investor may ask is the common query on how to check IPO allotment status. So, let's understand in detail, Investors obtain their IPO allotment status throughout the allotment process. The notifications reveal the timeframe and provide information on the allocation process. It helps investors make more informed choices. Based on the allocation document, the registrar releases the IPO allotment computation. Investors may verify their IPO allotment by visiting the registrar's website once it is complete. Investors receive the most recent IPO allotment status via email and SMS from BSE, NSE, CDSL, and NSDL.

What is the IPO Allotment Status?

The procedure by which the registrar of offices distributes IPO shares by the bids made by individual investors is known as "IPO allotment." Allotment via lottery occurs in cases where there are more bids than available IPO shares, a phenomenon known as oversubscription. Shares are allocated to your name based on the outcome.

The IPO allotment procedure for large-cap IPOs typically takes a week to complete. Investors may monitor the progress of their applications on the registrar's website, which is updated with the allotment status.

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Table of Content

  1. What is the IPO Allotment Status?
  2. How to Check IPO Allotment Status Online?
  3. How to Check IPO Allotment in Your Name? 
  4. How to Increase Chances of IPO Allotment?
  5. Factors Affecting IPO Allotment

How to Check IPO Allotment Status Online?

Investors can track the progress of their subscriptions by using an IPO registrar like Link Intime or KFintech.

You may check the status of your IPO Allotment on the BSE by simply following these steps:

  • Step 1: 
    Go to https://www.bseindia.com/investors/appli_check.aspx,
     the direct URL, or click on the 'Status of Issue Application' on the official BSE website.
  • Step 2: Choose "Equity" under the "Issue Type" box.
  • Step 3: Select "IPO Company name" from the drop-down option.
  • Step 4: Enter your information, like your application number or PAN.

How to Check IPO Allotment in Your Name? 

A corporation specifies a provisional IPO allotment date along with the IPO release announcement. It is the date on which the public is informed of the IPO allotment status. The allocation status for IPOs is updated online these days. Go to the registrar's website to find out the quality of your bid. You may search by providing your application number, DP ID, or PAN, or else you can check your stock broker platform & overview your holdings to check whether you got the IPO allotment or not. You can easily check IPO allotment status online.

How to Increase Chances of IPO Allotment?

SEBI regulations are followed when allocating IPO shares. Following SEBI regulations, in the event of an oversubscription, the registrar will determine, after removing technical rejection, the maximum number of retail investors who will receive initial public offerings (IPOs) by dividing the total number of shares available for Retail Institutional Investors (RII) by the minimum bid lot.

As registrars distribute IPOs by a lottery mechanism, there is nothing you can do to improve your chances.

  • SEBI has directed that all RI applicants worth less than Rs 2,000,000 be granted equal status. Therefore, there is only one benefit to submitting a few applications.
  • To improve your chances, try applying with numerous Demat accounts with the upper band price. 
  • To gauge the reaction of the market, check the IPO allotment status for HNIs, QIBs, and the retail category on the first and second days. If the answer is positive, submit your application.

For retail investors, SEBI raised the minimum application amount barrier to Rs 15,000 (with a floor restriction of Rs 10,000) to specify the minimum bid lot size.

Factors Affecting IPO Allotment

The following are a few variables that impact IPO Allotment:

  1. Company's fundamentals

    Strong fundamentals have the power to attract investors' interest, which might result in heightened demand and oversubscribed IPOs.

  2. Retail vs. Institutional Investors

    Businesses often provide both retail and institutional investors with a certain proportion of their shares. The total demand from these two groups forms the basis of the allocation ratio.

  3. Oversubscription

    Oversubscription usually happens when an IPO is very appealing, has strong fundamentals, and has significant growth potential. The allocation ratio is highly competitive since investors often hurry to apply for the IPO.

  4. Anchor Investors

    Anchor investors send positive signals to the market, which might increase the chances of getting IPO allotments.

Conclusion

Public offerings are attracting more attention from ordinary investors as a result of the outstanding success of several recent IPOs. Within days following allocation, a company's shares are listed on the stock exchange simply check the IPO allotment status. Depending on your investment horizon, risk tolerance, and liquidity requirements, you can decide to keep the claims or sell them right away on the day of listing. For a hassle-free experience, you have to open a demat account first with a reliable online trading app. 

FAQs on How to Check IPO Allotment Status

Shares in an IPO are allotted based on the issuer's allocation criteria, often considering factors like demand and subscription and sometimes through lottery systems for oversubscribed offerings.

To find IPO stocks in India, check stock exchanges and financial news platforms, visit the official websites of SEBI, NSE, and BSE, or use brokerage apps for upcoming IPO announcements.

To increase the chances of IPO allotment, apply with multiple demat accounts, follow subscription details, and ensure necessary funds are available.

IPO Allotment date is when shares are allocated to successful applicants post subscription closure, typically a few days after the issue closes.

Check IPO Allotment Status via Bank by visiting the registrar's website or using the ASBA (Applications Supported by Blocked Amount) number to track allotment status.

IPO application timing usually falls within working hours of the financial institution, primarily between 10 AM and 5 PM during IPO subscription periods.