Getting involved in an Initial Public Offering (IPO) can feel like stepping into the real world of investing, as it is exciting, fast-paced, and full of potential. You have done your research, placed your bid, and now you are waiting to see if you have secured a slice of a company’s future. Yet, the process just begins when you hit the “apply” button. That is where IPO allotment comes in. It is the behind-the-scenes process where the company, along with its appointed registrar, goes through every application to decide who gets the shares and who doesn’t.

Though IPO allotment is a lengthy process, you do not have to worry about it too much. Generally, you will get notified about the IPO allotment through a message or email sent by the registrar. However, if you don’t receive any such SMS or email, it is better to check IPO allotment status online. In this blog, we will see how to check IPO allotment status online by following some easy steps. Let’s start!

What is an IPO?

An Initial Public Offering or IPO is the first time that a privately owned company floats its stocks to the general public, thus officially entering as a public company listed on a stock exchange. The procedure allows the company to raise funds from the general public, which can be used towards expansion plans, payment of debts, or realisation of other organisational goals. 

For the investor, investment in an IPO provides the potential of investing in a company at the very beginning of its start as a public company, with the potential of realising potentially large gains if the company proves to be successful in the stock market.

How To Check IPO Allotment Status Online?

Checking IPO status online is an easy and straightforward process if you know where to look. Here is how to do it through BSE:

Step 1: Visit BSE’s Official Website

Start by heading over to the Bombay Stock Exchange (BSE) website. Look for a section labelled ‘Status of Issue Application’. If that is too tricky to find, you can go straight to the BSE IPO allotment status page using the direct link.

Step 2: Select ‘Issue Type’

Click on the dropdown menu and select ‘Equity’. A new dropdown menu will then appear under ‘Issue Type’.

This refers to how the company priced its IPO:
1. Fixed Price Issue: If a company has set a fixed price per share.

2. Book Building Issue: If the company set a price range, and the final price was decided after bids came in.

Choose the one that matches your IPO. This information is usually available on the IPO details page or your broker’s platform.

Step 3: Pick the Company and Enter Your Details

Finally, you can select the company name and enter details such as your Permanent Account Number (PAN) in the designated field.

Once that’s done, just hit ‘Submit’. The screen will show your IPO allotment status right away.

How To Check IPO Allotment Via Registrar’s Website

Not all IPO status checks need to go through the BSE. Registrars, i.e. companies appointed to manage the IPO allotment process, also let you check IPO status.

Let’s take you through how to check IPO allotment via a registrar’s website, as the process is quite similar for all the registrars:

Step 1: Visit IPO Allotment Page

Head over to the registrar’s IPO subscription status page. You will see a few different links listed there. All these lead to the same allotment check process. They are just split to manage high traffic when multiple IPOs are active.

Step 2: Choose the Company Name

Once you click on the link, you will be asked to choose the company name from a drop-down list. Use the toggle switch bar to switch between all the IPOs and the recently released IPOs as per your convenience.

Step 3: Pick How You Want To Check

The registrar gives you a few different ways to check your allotment:
1. Application Number
2. Demat Account Number
3. PAN

Pick one method. Enter the required details, fill in the captcha code, and click ‘Submit’.

Step 4: If Using Your Demat Account

If you decide to check the status using your Demat Account Number, you will also need to provide:
1. Your Depository Participant (DP) ID
2. Your Client ID

Before that, make sure you select the right depository:
1. NSDL: National Securities Depository Limited
2. CDSL: Central Depository Services Limited

Select the one your DP belongs to, enter all the details, complete the captcha, and hit submit. Your IPO status will then be shown on screen.

These were some methods to check the IPO status online. Following any of these methods will help you verify the IPO subscription status without any issues. It is recommended that you keep some details handy, such as your PAN, demat account number, and DP ID, ready while checking the IPO allotment status. 

Tips to Increase Your Opportunities of Receiving IPO Allotment

It can get competitive while trying to secure an allotment in a popular IPO because of high demand. Here are some suggestions to increase your chances of IPO allotment:

  • Multiple Demat Accounts: Applications from multiple Demat accounts, each of which is registered with a different PAN number, can enhance the chances of allotment.
  • Avoiding Massive Applications: Individual investors will more likely receive an allocation when they apply for a single lot, as oversubscription results in a lottery system that gives precedence to smaller applications.
  • Make Payment via UPI: Timely approval of the UPI mandate can avoid application rejection due to failed payments.
  • Apply Early: Applying early during the IPO window will avoid technical glitches or issues at the last minute.

These tips may not guarantee an allotment but could enhance your chances in a highly subscribed IPO.

You May Also like: Everything You Need to Know about Stock Market Timings in India

Final Thoughts

The IPO allotment process is managed by the company and its registrars, and if you have applied through multiple accounts, you will need to check each one separately. Use the registrar’s official website for the most reliable info. If you want to stay updated with new and upcoming IPOs, head over to platforms like Share.Market. Along with IPO insights, you’ll find resources on stocks, ETFs, and other investment options to help you make smart financial decisions as you start your investing

FAQs

1. How do I check my IPO allotment status?

You can check it online through the BSE or NSE websites, or the IPO registrar’s websites, like Kfintech, Bigshare, or Link Intime.

2. How to verify NSE IPO allotment status?

To check your IPO bid status on the National Stock Exchange (NSE) website, just head over to the official allotment page. First, choose the type of IPO you applied for, i.e. whether it’s an equity, SME, or debt issue. Now, from the dropdown list, carefully choose the company’s symbol. Now, provide details such as your application number and PAN. Once everything’s filled in, click ‘Submit’ and your bid status will appear on the screen.

3. Is the process different for SME IPOs?

No, the entire process is the same. Whether it is a large-scale or SME IPO, you follow the same steps to check your allotment status.