How to Check IPO Allotment Status Online
Introduction
After applying for an Initial Public Offering (IPO), it’s natural to eagerly await the allotment status. Here’s a comprehensive guide on how to check the allotment status of your IPO application online.
Understanding IPO Allotment
IPO allotment refers to the process of allocating shares to eligible applicants based on the number of shares they applied for and the availability of shares. Following the closure of the IPO, the allotment status is usually finalized within a few business days.
Step-by-Step Instructions
1. BSE Website
- Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ as the issue type.
- Choose the name of the IPO you applied for.
- Enter either your application number or PAN details.
- Enter the captcha code and click ‘Search.’
2. Registrar’s Website
- For example, if Link Intime India Private Limited is the registrar for the IPO: https://linkintime.co.in/initial_offer/public-issues.html
- Select the IPO company name.
- Enter your PAN details and click ‘Submit.’
- You will be directed to a page that shows your allotment status.
Additional Tips
- Have your application number or PAN card handy.
- Check multiple times a day as the allotment status may take time to update.
- If you have applied through your broker, you can also check the status through their online portal.
Factors Affecting Allotment Status
Subscription Level: High subscription levels can impact the allotment quantity.
Reservation Categories: Shares are reserved for different categories, such as retail investors, non-institutional investors, and qualified institutional buyers.
Bid Price: Applying at a higher bid price does not guarantee allotment.
Luck: The allotment process also involves an element of luck.
Post-Allotment Process
- If you are allotted shares, you will receive the shares credited to your Demat account.
- If you are not allotted any shares, the funds you invested will be refunded to your bank account.
- The company may also announce a listing date for the shares, which is when they will start trading on the stock exchange.
Conclusion
Checking your IPO allotment status online is a simple process. By following the steps outlined in this guide, you can easily find out if you have been allotted shares. Remember, the allotment process is based on factors beyond your control, so it’s important to be patient and realistic.
Mehek 
Priyanka