When you apply for an Initial Public Offering (IPO), you eagerly await the moment you can find out whether you have received the allotted shares. This period can be exciting, especially if the IPO has generated strong market buzz. In this blog we will tell you how you can check your IPO allotment status.
Using Your Broker’s or Bank’s Online Platform
The most common way to check your IPO allotments status in case your have applied through your brokers is to check it on your broker’s online portal or app. You may find it most convenient to check your allotment status via the same platform.
Steps to Follow:
- Log In: Access your online trading account or app.
- Check the IPO Section: Look for an “IPOs” or “Portfolio” tab.
- Locate Allotment Status: Some platforms display a direct message or notification informing you if shares have been allotted.
- Verify Through Transaction History: If you do not see a direct notification, check your transaction history or holdings to see if the shares are credited to your Demat account.
Pro Tip: In some cases, your broker will email or send an SMS with allotment updates. Ensure that your contact details are updated in your broker’s system so you do not miss important alerts.
Checking Allotment Status on the Registrar’s Website
One of the most common ways to check your IPO allotment status is through the registrar’s website. Each IPO has a designated registrar, such as KFin Technologies (previously Karvy), Link Intime, or another authorized agency, responsible for allotting shares.
Steps to Follow:
- Visit the Registrar’s Official Website: If KFin Technologies is the registrar, you go to their official webpage dedicated to IPO allotments.
- Find the IPO Allotment Page: Look for the “IPO Status” or “Allotment Status” section.
- Select the IPO: Choose the IPO name from a drop-down menu.
- Enter Application Details: You will be prompted to enter either your Application Number, PAN (Permanent Account Number), or Demat Account Number. Fill out the correct details.
- Submit: Click “Search” or “Submit.” The site will display whether you have been allotted shares, how many, and other relevant information.
Key Point: Keep your application number and PAN ready. Double-check them before submitting to avoid errors.
Checking Allotment Status on Stock Exchange Websites
Some stock exchanges offer a dedicated portal to help you check IPO allotment status. For instance, in certain regions, you can check your allotment on the BSE or NSE website.
BSE Method:
- Go to the BSE’s Official Website.
- Navigate to the “Investors” Section: Look for an “IPO Allotment” or “Issue Application Status” link.
- Enter Necessary Details: Choose the IPO name and provide your PAN, Application Number, and Other Required Information.
- Submit: After submission, the system will display whether shares are allotted under your application.
This method is especially helpful if the registrar’s website is slow or if you prefer checking on an official exchange platform.
Checking Your Bank Account or Email
If your IPO application was unsuccessful, the blocked amount in your bank account (used for applying) will be released. Conversely, if you receive fewer shares than you applied for, the remainder of your blocked funds will be freed. Therefore:
- Monitor Your Bank Balance: If you notice that the blocked amount (via ASBA—Application Supported by Blocked Amount) is partially or fully released, this can indicate allotment status.
- Check Email Communication: Registrars may send allotment confirmations or refund notifications to the registered email address. Keep an eye on your inbox around the allotment date.
While these methods do not provide the detailed status of your allotment (like how many shares you received), they can serve as an early indicator that you either got the shares or did not.
Important Points to Remember
Allotment Dates
Keep track of the IPO schedule. Often, you can find the allotment date mentioned in the IPO prospectus or major financial websites. This knowledge helps you know when to start checking your status.Potential Delays:
Technical glitches or high server load can sometimes delay allotment status updates on the registrar’s or exchange’s websites. If you do not see your status, wait for a few hours and try again.Correct Information:
Always ensure your PAN, Demat Account Number, and other application details are accurate. Even minor errors can lead to confusion.-
Refund or Unblocking Timeline:
If you are not allotted shares or are partially allotted, your blocked funds should be released within a few days after the allotment is finalized.
Checking your IPO allotment status does not need to be stressful or confusing. You have multiple avenues—registrar websites, stock exchange portals, broker platforms, and even bank account updates—to stay informed about the outcome of your application.