If you search online about IPO allotment status, you might stumble upon a guide representing some specific IPOs. That might be a bit confusing and non-understandable if you are unaware of IPOs and IPO allotment basics. Hence, this article contains a complete guide on checking IPO allotment status on different platforms.
In recent dates, ordinary people are also interested in the IPOs of big companies and rising companies. But, investors who are solely interested in IPOs and are in the business know the IPO allotment process works. They know where and how much money to invest in getting the highest possible returns.
Significance of IPO
IPO, which stands for “Initial Public Offering,” is a form of issuing new company stock to the public for the first time. It is the way for companies to raise their capital via public investors. If the company decides to offer additional shares to the public after the Initial Public Offering, it is known as a “Follow-up Public Offering (FPO).”
The public investors who invest in these IPOs become the owners or shareholders of the company to the extent of the shares allotted to them. They get some company rights via partial ownership. The company can use the capital raised via IPO for partial profit sharing or expansion of business.
The listed IPO shares are tradable in the secondary market. Now, just because the investors purchased the IPO does not mean that they got the rights to the shares right away. There involve many steps during the IPO allotment. When an IPO allotment is issued, the issuer or company will release the IPO allotment status.
The IPO allotment status is available on the different registrar and official trading sites.
The process of IPO allotment follows after the issuance of IPOs by the company or the issuer. It states the company is selling its stock or shares to the public to raise funds. The IPO allotment process may sometimes take months to complete.
Now, there are two essential things that you must have to engage in IPO allotment. They are a Demat account and a trading account. If you have these two accounts, you are eligible to get down to the application for IPO.
You can apply for IPO both via online and offline platforms. But, to successfully get into the IPO application, you also need a “Blocked amount facility” in your accounts. This facility ensures to keep your investment money aside until the IPO allotment. The regulator, the stock market SEBI (Securities and Exchange Board of India), is a mandatory step.
The issuer, the company, or the registrar does the IPO allotment depending on the available shares and the number of public investors.
Suppose you subscribed for IPO. If you receive the IPO, it will be credited to your Demat account. That might approximately take about seven days. You can check the IPO allotment status on NSE, BSE, or other registrar and broker sites.
How to check your IPO allotment status.
The IPO allotment status has every information related to your investment in the IPO. The IPO allotment date is the same as when the IPO status is made public by the issuer or registrar of the IPO. Once the IPO is done, you can check it on NSE, BSE, CDSL, NSDL, or other broker platforms. You might also receive an email or message on the same by the issuer.
Besides the official stock exchanges, there are about 27 registrars in India where you can check your IPO allotment status. These registrar sites are reliable as they are registered with SEBI.
Check your IPO allotment status via NSE.
NSE stands for National Stock Exchange of India Ltd. Every listed company’s shares and stock market information are available here. So, the process to check your IPO allotment status on NSE are as follows:
Step 1: Launch the official NSE site on your device – www.nseindia.com.
Step 2: Find the “Invest” section on the page and select the “Check Trade/Bids” option.
Step 3: Enter your PAN details and register yourself on the NSE site. You can do so by tapping on the “Click here to Sign Up” button. For registered users, you simply need to log in.
Step 4: After signing up on the site, enter your account credential and log in.
Step 5: You can view the IPO allotment status on the next screen.
Check your IPO allotment status via BSE.
BSE stands for Bombay Stock Exchange and is the largest stock market in India. The process to check the IPO allotment status on BSE are as below:
Step 1: Open the BSE website or click on the direct link here – https://www.bseindia.com/investors/appli_check.aspx.
Step 2: Now, go to the “Issue type” section on the page and click on the “Equity” option.
Step 3: Find the “Issue name” on the menu and tap on the “IPO” option.
Step 4: Enter the necessary and relevant details like PAN number and your IPO application number.
Step 5: Tick on the box for the “I am not a Robot” prompt and hit the “Submit” button.
The next page will show your IPO allotment status under your account.
Check your IPO allotment status via the Bigshare Services Pvt Ltd.
Bigshare Services Pvt Ltd. is a popular registrar that handles many high-scale IPOs in India. Below are the steps to check your IPO allotment status here:
Step 1: Launch the Bigshare Services Pvt Ltd official site or directly go to the IPO allotment page via this link https://www.bigshareonline.com/ipo_Allotment.html.
Step 2: You may find multiple servers. Just click on one to proceed; that works fine.
Step 3: As you see the page displayed, go to the “Company Selection” menu and click on the “IPO” option.
Step 4: There are three ways to proceed to the next step. You can enter your PAN number, Beneficiary ID, or IPO application number to find your IPO allotment status.
Step 5: Hit the “Search” button after entering all the necessary and relevant details.
Check your IPO allotment status via KFin Technologies Limited.
KFin Technologies is another popular registrar in India, handling the IPOs of most companies. They are the IPO registrar of the famous LIC Ltd. Here’s how you can check your IPO allotment status here:
Step 1: Open the official online portal of the KFin Technologies Private Limited or click on the direct link here – https://risop.kfintech.com/ipostatus/ipos.aspx.
Step 2: Click on the server link that works and proceed with the further steps.
Step 3: Now, choose your IPO.
Step 4: You can check your IPO status in three ways: your PAN number, IPO application number, and your Client ID or DPID. Whichever you choose, enter the details correctly.
Step 5: After entering all the details, input the correct Captcha and hit the “Submit’ button.
Many other popular registrars in India where you can check your IPO allotment status are namely,
- Link Intime India Private Ltd.
- Cameo Corporate Services Limited.
- Skyline Financial Services Private Ltd.
- Sharepro Services Private Limited.
- Purva Sharegistry India Pvt Ltd.
- Satellite Corporate Services Private Limited.
- Sharex Dynamic (India) Pvt Ltd.
- Adroit Corporate Services Pvt Ltd.
- Mondkar Corporate Services Pvt Ltd.
- Datamatics Financial Services Ltd.
- And many more….
It is easy to find if you know the IPO registrar of the issuer or the company you are looking for. The process to check the IPO allotment status in these registrars is more or less the same. Just keep the relevant documents near you when looking.
There always lies a possibility of IPO listing after the investors get the IPO allotted. But as per the stock market dynamics, there will be never-ending price fluctuations. The value of shares or stocks might drastically fall over weeks or rise after the listing.
So, when you invest in IPOs, always maintain a limit. Do not go all out. Instead, you can try investing in diverse portfolios or mutual funds to mitigate the risk of price fluctuations. But on another note, investors now get security on IPO shares.
The IPO allotment process is handled by the registrar of the IPO of the particular issuer or company. It is basically the final financial allocation of the company’s shares to eligible and preferred applicants. We hope this guide helps you learn how and where to check the IPO allotment status.