Once you are done applying for an IPO, the next important event is checking the IPO Allotment status. It is like the day when SSC or any board exam results come. Waiting for a long time to get the website loaded, figure crossed, and typing your details to get the results. As per the latest guidelines by SEBI, the large cap IPO have to complete the IPO allotment process within 1 week.
How To Check IPO Allotment Status
To check your IPO Allotment Status, you need to have at least one of the following details.
- PAN Card Number
- IPO Application Number
- Demat Account Number / DP Client ID
After getting the details, you need to visit the registrar website or BSE website to check the status. Now select the IPO, fill up the form and do the captcha verification, the IPO Allotment Status will be in front of you.
Top IPO Registrars in India
As per the market scenario, we added top IPO registrars in India. Link Intime and KFin Technologies provide services to mainline IPOs while all the listed registrars provide services to SME IPOs. They are the ones that do the calculations based on the IPO subscription data and upload the IPO allotment status on their website. The investors go to the website on the Allotment date and check whether they got the allotment of the shares or not. Bigshare Services provided services to 300+ IPOs joined with Link Intime on the 2nd spot while KFin Technologies provides services to 225+ IPOs to date and the numbers increase today.
What is IPO Allotment?
The IPO allotment status informs investors of the number of shares assigned to them in an initial public offering (IPO). The registrar of the IPO manages the whole IPO allotment procedure. The IPO allotment date is the day on which the allotment status is made public on the website of the IPO’s registrar.