Introduction: What is an IPO?
An Initial Public Offering (IPO) is when a private company offers its shares to the public for the first time. Through an IPO, a company gets listed on a stock exchange like NSE or BSE, allowing investors to buy its shares and become shareholders.
For investors, IPOs are exciting opportunities to invest early in promising companies before they hit the secondary market. But once you’ve applied, the most awaited question is — “Did I get the allotment?”
That’s where checking the IPO allotment status comes in.
🧐 What is IPO Allotment?
IPO allotment means assigning shares to investors who have applied during the IPO subscription period.
When the IPO receives more bids than available shares (oversubscription), allotment happens via a lottery system to ensure fairness.
If you’re allotted shares, they’ll be credited to your Demat account before the listing date. If not, your application money is refunded.
📅 When is IPO Allotment Done?
The IPO allotment process usually happens 2–5 working days after the issue closes.
You can check the exact date on:
- The NSE or BSE websites
- The Registrar’s website (like Link Intime, KFintech, or Bigshare Services)
- Your broker’s dashboard (like Zerodha, Groww, or Angel One)
🔍 How to Check IPO Allotment Status
You can check your IPO allotment status in three simple ways:
1️⃣ Check IPO Allotment on BSE Website
Step-by-step:
- Visit the BSE IPO Allotment Page
- Select ‘Equity’ under Issue Type
- Choose your IPO Name from the drop-down list
- Enter your Application Number or PAN Number
- Click on ‘I’m not a robot’ and then Submit
💡 Your IPO allotment status will be displayed on the screen.
2️⃣ Check IPO Allotment on NSE Website
Step-by-step:
- Visit the NSE IPO Allotment Page
- Login with your registered NSE ID (you may need to create one if new)
- Enter your PAN number or application number
- Submit to view your allotment details
3️⃣ Check IPO Allotment on Registrar’s Website
Registrars like Link Intime, KFintech, or Bigshare Services handle allotments for specific IPOs.
Example – Link Intime IPO Allotment Check:
- Visit Link Intime IPO Allotment Page
- Select the IPO name
- Enter your PAN, Application Number, or DP/Client ID
- Click on Search
You’ll instantly know whether you’ve received an allotment.
🧮 How is IPO Allotment Decided?
The allotment depends on:
- Number of bids vs. available shares
- Investor category (Retail, HNI, QIB)
- Lot size and demand
- ASBA application validity
If the IPO is undersubscribed, everyone usually gets full allotment.
If it’s oversubscribed, allotment is done randomly using a lottery system managed by the registrar.
💰 What Happens After IPO Allotment?
Once the allotment is finalized:
- Allotted shares are credited to your Demat account
- Refunds for unallotted applications are initiated
- You can check share listing price on the listing date
📈 Bonus Tip: How to Improve Your IPO Allotment Chances
- Apply through multiple Demat accounts (using different PANs in your family)
- Avoid last-minute applications
- Bid at the cut-off price
- Ensure sufficient balance in your bank account
✅ Final Thoughts
Checking your IPO allotment status is quick and easy once you know where to look.
Whether you use the BSE, NSE, or registrar’s portal, you’ll find out in seconds if luck favored you this time!
Stay patient, track your investments, and remember — even if you miss one IPO, there’s always another opportunity coming soon.
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