Here are the simple steps how to check the IPO Allotment Status online or offline. As per the latest SEBI rules for the large-cap IPOs, the IPO allotment process will take 1 week. The registrars like Linkintime or KFintech should release the IPO allotment as per the SEBI rules within 7 days after the IPO close.
How to Check IPO Allotment Status?
|IPO Name||IPO Allotment Date||Status|
|Arrowhead||IPO Allotment Out||CameoIndia Allotment Link|
|Rocking Deals||28 Nov 2023||Bigshare Allotment Link|
|IREDA||29 Nov 2023||Linkintime Allotment Link|
|Fedbank Financial Services||30 Nov 2023||Linkintime Allotment Link|
|Gandhar Oil||30 Nov 2023||Linkintime Allotment Link|
|Tata Technologies||30 Nov 2023||Linkintime Allotment Link|
|Flair Writing||30 Nov 2023||Linkintime Allotment Link|
|Swashthik Plascon||4 Dec 2023||Bigshare Allotment Link|
|Deepak Chemtex||6 Dec 2023||Bigshare Allotment Link|
One can check the IPO allotment status online using the IPO registrar’s website (such as Link Intime or KFintech). To do this, you will need specific details related to your IPO application. Here’s what you’ll need:
- PAN Card: This is your Permanent Account Number, and it’s essential for verifying your identity.
- IPO Application Number: This unique number is provided to you upon applying for the IPO.
- Demat Account Number or DP Client ID: This is the number associated with your Demat account where the allotted shares will be credited.
The IPO registrar processes the allotment based on these details. Once the allotment is finalized, you can check your IPO allotment status on the registrar’s website. Look for the specific IPO you’ve applied for. If shares are allotted, you’ll find this information under the search option on the registrar’s site or the BSE (Bombay Stock Exchange) website.
Additionally, you might receive notifications about the IPO allotment status via email and SMS. These notifications are usually sent out by market entities like BSE, NSE (National Stock Exchange), CDSL (Central Depository Services Limited), and NSDL (National Securities Depository Limited).
Top IPO Registrars in India
These registrars play a vital role in the IPO process by calculating and managing IPO subscription data and making the IPO allotment status available to investors. Here’s a summary of the key points:
- Link Intime: Link Intime is a prominent registrar that offers services for mainline IPOs. They are responsible for the allotment process and provide allotment status information on their website. They are known for their extensive experience and contribution to numerous IPOs.
- KFin Technologies: KFin Technologies is another significant registrar with a focus on mainline IPOs. They handle allotment calculations and publish the IPO allotment status online. Their portfolio of IPOs served continues to grow.
- Bigshare Services: Bigshare Services is noteworthy for providing services to over 300 IPOs. Their contribution to the IPO market is substantial, and they have established a strong presence in the industry.
|Link Intime India Pvt Ltd||IPO Allotment Link|
|KFin Technologies Private Ltd||IPO Allotment Link|
|Bigshare Services Pvt Ltd||IPO Allotment Link|
Factors Affecting Allotment
The allotment of shares in an IPO (Initial Public Offering) can be influenced by various factors, including:
- Subscription Level: The primary factor is the demand for shares in the IPO. If the IPO is oversubscribed, meaning more people apply for shares than are available, the chances of allotment may be lower. Conversely, in an undersubscribed IPO, the probability of allotment may be higher.
- Issue Size: The total number of shares available in the IPO affects allotment. A larger issue size means more shares are available for distribution.
- Category-wise Allotment: Many IPOs have reserved categories for different types of investors, such as retail, non-institutional, and qualified institutional buyers (QIBs). Each category has its own allocation percentage, and oversubscription in one category may not impact allotment in another.
- Lot Size: The minimum number of shares that can be applied for in a single lot can impact allotment. Smaller lot sizes may lead to broader retail participation.
- Anchor Investors: The presence of anchor investors, typically institutional investors who invest in the IPO before it opens to the public, can influence demand and, subsequently, allotment.
- Price Band: The price range set for the IPO shares can impact demand. If the price is attractive, it may lead to higher oversubscription and affect the allotment process.
- Market Conditions: Overall market sentiment and conditions can affect IPO subscriptions. Bullish markets tend to attract more investors.
- Cutoff Price: In a book-built IPO, investors can bid at a specific price or choose the “cut-off” option. The cut-off option implies that an investor is willing to buy at the final allotment price determined by the company based on the bids. This option can increase the chances of allotment.
- Proportionate Allotment: Many IPOs use a proportionate allotment system, meaning shares are allotted based on the number of shares applied for and the total demand. This can lead to partial allotments in some cases.
- Random Allotment: In the case of oversubscription, some IPOs use a random allotment process, where investors have an equal chance of getting shares within their category.
IPO Allotment Status FAQs
How to Check IPO Allotment Status Online? To check your IPO allotment status online, follow these steps:
- Log on to the BSE (Bombay Stock Exchange) website or the official IPO registrar’s website.
- Enter your PAN (Permanent Account Number) or Application Number or Demat Account Numbers.
- The IPO allotment status will be displayed if it’s available.
How to Check IPO Allotment Status Offline? To check IPO allotment status offline, you can contact your Demat account broker. They can provide you with information about whether you have been allotted shares in the IPO or not.
How to Check IPO Allotment Status via Bank? You can also check your IPO allotment status through your bank, especially if you applied for the IPO through your bank account. Here’s how:
- Log in to your bank account from which you applied for the IPO.
- If the amount is deducted from your account, it indicates that you have been allotted shares.
- If the lien balance is released, it means that you did not receive an allotment.
What are the other ways to check the IPO Allotment Status? The IPO registrar typically sends emails to the registered email IDs of investors with information about the IPO allotment status. Check your email inbox for these notifications.