When you invest in an Initial Public Offering (IPO), one of the most anticipated moments is finding out whether you’ve received an allotment of shares. Investors who apply for IPOs listed on the National Stock Exchange (NSE) often want to check their IPO allotment status quickly and accurately. Understanding how IPO allotment works and knowing where and how to track your IPO application status can help reduce anxiety and allow you to plan your next financial move effectively. This guide explains the step-by-step process to check your IPO allotment status on NSE and other relevant platforms.
Understanding IPO Allotment
IPO allotment is the process of distributing shares to investors who applied during an IPO. Since demand often exceeds supply, not everyone who applies gets allotted shares. In such oversubscription cases, allotment is done through a lottery system, especially in the retail investor category.
The status of IPO allotment tells you whether you received any shares and, if yes, how many. Once allotment is completed, investors can check their status through official channels such as the registrar’s website or stock exchange portals like the NSE.
Where to Check IPO Allotment Status
You can check your IPO allotment status through multiple platforms. These include:
- The official website of the IPO registrar (like Link Intime or KFintech)
- NSE (National Stock Exchange of India)
- Your Demat account or trading platform
- Email and SMS notifications from the registrar
Can You Check IPO Allotment Status on NSE?
While the NSE provides information on IPO listings, performance, and timelines, IPO allotment status is typically not published directly on the NSE website. Instead, the official registrar of the IPO manages the allotment process and provides the status updates.
However, NSE does play a role in the broader IPO process, including application submission and share listing. Investors can cross-reference data related to IPOs on NSE for verification and informational purposes.
Steps to Check IPO Allotment Status via Registrar
1. Identify the Registrar of the IPO
Before checking your IPO status, you need to know who the registrar is. Registrars are financial institutions appointed by the company issuing the IPO to manage the allotment and refund processes. Common registrars include:
- Link Intime India Pvt Ltd
- KFin Technologies Ltd
- Bigshare Services Pvt Ltd
This information is usually mentioned in the IPO prospectus or on financial news portals.
2. Visit the Registrar’s Official Website
Once you identify the registrar, go to their official IPO status checking page. Each registrar has a dedicated section for IPO allotments, usually labeled IPO Status or Allotment Status.
3. Provide Required Details
You will need one of the following details to check your allotment status:
- PAN (Permanent Account Number)
- Application Number (from your IPO application)
- DP ID/Client ID (linked to your Demat account)
Choose the method you prefer and enter the required information. Complete any CAPTCHA verification if prompted.
4. View the Status
After entering your details, click the ‘Submit’ or ‘Search’ button. The system will display whether your IPO application was successful. If you are allotted shares, it will show the number of shares allotted. If not, the status will mention No Allotment.
Alternative Ways to Track IPO Allotment
Check Allotment Through Demat Account
If shares have been allotted, they will reflect in your Demat account before the listing date. Log in to your Demat account or trading app and navigate to your holdings section. If the shares appear there, it confirms your allotment.
Email and SMS Notifications
The registrar sends out allotment notifications via email and SMS to the contact details you provided during the IPO application. These updates often come within 12 days of the final allotment date.
Trading Platform or Broker App
Many brokers such as Zerodha, Groww, Upstox, and ICICI Direct allow you to check IPO allotment status within their platform. After logging in, go to the IPO section and check the status of your application. This feature is convenient for those who prefer an all-in-one solution.
Important Tips While Checking IPO Allotment
- Make sure you have the correct PAN or application number handy.
- Check the allotment status only after the official allotment date announced by the company.
- If you didn’t receive shares, your refund will usually be processed within a few working days.
- Keep an eye on the registrar’s site, as delays in updating status can occur due to heavy traffic.
Timeline of IPO Allotment Process
Knowing the timeline helps set realistic expectations. Here’s a general schedule:
- IPO Closes: Last date to submit your application.
- Basis of Allotment Finalized: Usually 46 days after IPO closes.
- Allotment Status Available: Around the same day or next day after basis is finalized.
- Refunds Initiated: Within 12 days after allotment finalization.
- Shares Credited to Demat Account: Typically a day before the listing date.
- IPO Listing Date: The day the shares begin trading on NSE or BSE.
Common Issues and Troubleshooting
What If My Status Says No Record Found?
This may occur if:
- You entered incorrect PAN or application details
- The allotment process has not yet been completed
- The registrar has not updated the database
Wait for a few hours or check back the next day. Ensure all details are typed correctly.
Refund Not Received After No Allotment
If you weren’t allotted shares and haven’t received a refund within 57 working days, contact your bank or the registrar. Keep your application and bank reference numbers ready for faster resolution.
Why IPO Allotment Transparency Matters
IPO allotment is a critical stage in the investment journey. Transparent processes increase investor trust and allow applicants to make timely decisions. Knowing how to verify your IPO allotment status through NSE-related channels or directly from registrars ensures that you stay informed and empowered as an investor.
Checking IPO allotment status is a simple yet essential part of participating in public offerings. While NSE plays an important role in hosting and listing IPOs, actual allotment details are managed by registrars. By visiting the registrar’s website, using your PAN, application number, or Demat ID, you can easily check whether you’ve received an allotment. Always use official and secure websites for checking your status, and avoid relying on third-party tools that may not be authorized. With this knowledge, you can stay updated and confident in your IPO investment journey.