IPO Allotment Status: A Complete Guide to Understanding the Process

Introduction

Initial Public Offerings (IPOs) have increasingly become a popular investment choice for retail and institutional investors alike. With many new companies entering the stock market, understanding the IPO allotment status becomes critical for every investor looking to make informed decisions. Whether you're a seasoned investor or a first-timer, tracking your IPO allotment status is key to planning your next move—be it holding, selling, or analyzing your portfolio.

In this blog post, we will provide a comprehensive look at what IPO allotment is, how the process works, how you can check your allotment status, and what steps to take post-allotment. The post also includes a helpful table and list format to ensure clarity and easy navigation.

Understanding IPO Allotment

What Is IPO Allotment?

IPO allotment is the process of assigning shares to investors who have applied for a company's IPO. Since the number of shares applied for often exceeds the number of shares available, the allotment is generally done through a lottery system in case of oversubscription.

Why Is It Important?

Knowing your IPO allotment status is vital because:

• It confirms whether you’ve been allocated shares.

• It helps you plan your investment strategy.

• It determines how much money is deducted from your bank account.

• It allows you to track the listing gains/losses once the stock is listed.

How IPO Allotment Works

Categories of Investors

IPOs are typically divided into three categories for allotment:

• Retail Individual Investors (RIIs): Individual investors applying for shares up to ₹2 lakhs.

• Non-Institutional Investors (NIIs): Investors applying for shares above ₹2 lakhs.

• Qualified Institutional Buyers (QIBs): Mutual funds, banks, financial institutions.

The allotment process differs for each category, and retail investors usually go through a lottery system.

Steps to Check IPO Allotment Status

Here’s how you can check your IPO allotment status:

Step-by-Step Guide:

1. Visit the registrar’s website (such as Link Intime or KFin Technologies).

2. Select the IPO you applied for from the dropdown menu.

3. Enter your PAN number, application number, or DP/Client ID.

4. Click “Search” or “Submit.”

5. View your allotment status.

You can also check allotment status on:

• BSE (Bombay Stock Exchange) website

• NSE (National Stock Exchange) website

• Through your broker’s platform

IPO Allotment Status Resources

Common Reasons You May Not Get IPO Allotment

• Oversubscription in the retail category.

• Incorrect details provided in the application.

• Multiple applications from the same PAN.

• Bank account issues like insufficient funds or ASBA rejection.

• Non-compliance with eligibility rules.

Actions After Allotment

If You Got the Allotment:

• The shares will be credited to your Demat account before the listing date.

• Be prepared for listing day volatility.

• Analyze the company's fundamentals before selling on listing day.

If You Didn’t Get the Allotment:

• Refunds are processed automatically (ASBA blocked amount is unblocked).

• Monitor your bank account for refund status.

• Use the unallocated capital to explore upcoming IPOs or other opportunities.

Tips to Increase IPO Allotment Chances

While allotment is partly a matter of luck in oversubscribed IPOs, here are a few practical tips:

1. Apply with multiple PANs (different family members).

2. Avoid large bids in the retail category; a single lot improves odds.

3. Ensure correct ASBA and Demat details.

4. Apply on the first or second day, not the last day.

5. Use UPI method through broker apps to get real-time confirmation.

Upcoming IPOs to Watch Out For

Conclusion

Understanding the IPO allotment status is essential for investors aiming to take advantage of India’s rapidly growing equity markets. Whether you receive the allotment or not, staying updated and making informed decisions helps you become a smarter investor.

With online platforms making it easier than ever to apply and track IPO allotment status, now is a great time to participate in the primary market. Remember to be patient, verify your application details, and always invest with a long-term strategy in mind.

For the latest updates, always refer to official websites of registrars and stock exchanges. Happy investing!