What Are Closed IPOs?
Closed IPOs refer to the initial public offerings of companies that have completed the process of going public and have successfully issued and sold their shares to the public for the first time. The IPO process involves extensive regulatory requirements, financial disclosures, and market evaluations to determine the offering price of the shares.
Once the offering is complete, and the shares are successfully sold, the IPO is considered closed. For investors, closed IPOs present an opportunity to invest in early-stage companies and potentially enjoy their growth and success.
How To Check IPO Allotment In India?
To check IPO allotment in India, investors can follow several simple methods. Firstly, they can visit the registrar's website. Here, they need to provide their PAN number or application number and follow the instructions to view the status.
Secondly, major stock exchanges like BSE and NSE also offer an IPO section on their websites, where investors can enter their application details to check the allotment status. Investors can also check their demat account to see if the allotted shares are reflected. Once the allotment is finalized, the shares will appear in the demat account.