Investing in IPOs is exciting, but the real suspense begins after applying—Did you get the allotment or not? To resolve that, you need to check your IPO allotment status online. Whether you’re applying via Angel One, Groww, or any other platform, there are a few common ways to check the status.
What is IPO Allotment?
Once the organization distributes the allotment shares, the shares will not be transferred or in other words, allotted to other investors. This cannot be changed after that point
How to Check IPO Allotment Status Online?
There are multiple platforms through which you can check an IPO allotment online. Here are the top ones:
1. Registrar Website
- Visit the registrar’s website
- Click on “IPO Allotment Status”
- Submit to view allotment status
2. BSE Website
- Go to https://www.bseindia.com
- Navigate to “Investors Services” > “Application Status”
- Select the IPO
- Enter PAN, Application Number, and CAPTCHA
- Click Submit
3. NSE Website
- Go to https://www.nseindia.com
- Find the IPO section under “Market Data”
- Select your IPO and input your PAN
- Verify using OTP (if applicable)
4. Angel One Platform
If you applied via Angel One, here’s how to check:
- Login to your Angel One account
- Go to Portfolio > IPOs
- Select the IPO you applied for
- Check the allotment status
Angel One also updates status once it is publicly available.
How Can I Verify My PAN Number for IPO Allotment?
This is the most commonly used method.
- Visit the Registrar’s website
- Select the IPO from dropdown
- Enter your PAN number
- Enter CAPTCHA and click Submit
SME IPO Allotment Status
To check SME IPO allotment status, follow the same steps as mainboard IPOs, but ensure:
- Select SME IPO name from the drop-down list
- Use the registrar’s portal, as Angel One/NSE/BSE may not always update SME listings on time
When is IPO Allotment Finalized?
For the most part, the allotment of IPO is affirmed post-7 days from the closure of IPO issuance. The registrar puts it up online after completion.
How to Know if IPO is Allotted?
You’ll know your IPO application is successful if:
- Status shows “Allotted” on registrar/BSE/NSE site
- Shares are credited to your Demat account
- Funds are debited from your UPI or bank
If you see “No Allotment”, it means your application was unsuccessful.
What if IPO is Not Allotted?
Don’t worry. If not allotted:
- Your UPI mandate will be revoked
- It would take a period of three to four days for the monetary refund to start reflecting within the account number you gave us.
- You can apply for the next IPO
IPO Allotment Status via Brokers
Here are some brokers and how they show allotment status:
| Broker | Allotment Status Access |
| Angel One | App/Web → Portfolio → IPO |
| Zerodha | Console → Portfolio → IPOs |
| Groww | App → You → IPOs |
| Upstox | IPO section → Allotment tab |
Check IPO Allotment Status on Mobile
- Most brokers like Angel One, Groww, and Zerodha allow mobile app-based allotment tracking.
- You can also use mobile browsers to access registrar and exchange websites.
Final Words
Checking your IPO allotment status in India is now super easy with online tools. Whether you applied via Angel One, Groww, or any broker, just use your PAN number or application number on the registrar, BSE, or NSE portal.
For regular IPO investors, keeping track of allotment timelines, registrar names, and PAN-linked updates is crucial.
Stay alert, check your emails, and keep refreshing your account around the allotment date
FAQs
1. When will I know IPO allotment status?
IPO allotment status is usually available 3 to 7 working days after the IPO closes. You can check the status on the registrar’s website using your PAN, application number, or Demat ID. Alerts may also be sent via SMS or email from your broker or registrar.
2. Can I get partial allotment?
Yes, partial allotment is possible, especially if the IPO is oversubscribed. This means you may receive fewer shares than you applied for. The process is based on a lottery system, and partial allotment happens when full demand can’t be met for all applicants.
3. Where are IPO shares credited?
If you are allotted IPO shares, they are directly credited to your Demat account linked to your application. You’ll receive a notification from your depository participant (like NSDL or CDSL) once the shares are credited, usually a day before the IPO listing.
4. Will money be deducted before allotment?
No, during IPO application via UPI, the amount is blocked in your bank account but not debited. It is only deducted if you receive an allotment. If no shares are allotted, the blocked amount is automatically released back to your account.
5. Can I apply for IPO from multiple accounts?
You can apply for an IPO through different Demat accounts, but each application must have a unique PAN. Using the same PAN multiple times will result in all applications being rejected as duplicates. SEBI rules allow only one IPO application per PAN.
6. What is SME IPO allotment?
SME IPO allotment is the process of allocating shares of Small and Medium Enterprises to investors. The process is similar to mainboard IPOs but usually involves smaller lot sizes and may require investment through registered brokers rather than direct online platforms.
7. How do I check SME IPO status?
Visit the registrar’s website, select the SME IPO from the dropdown, and enter your PAN, application number, or Demat ID to view the allotment status. The process is the same as checking mainboard IPOs.
8. How long does refund take if not allotted?
Refunds usually take 3 to 4 working days after the IPO allotment finalization. For UPI-based applications, the amount is unblocked automatically. For ASBA applications via banks, funds are released or unblocked back into the applicant’s account without any manual action.
9. Can I get IPO shares in multiple lots?
Yes, but only if you applied for multiple lots and the IPO is not oversubscribed. In highly subscribed IPOs, investors often receive only one lot or none due to the lottery system used for allocation in the retail investor category.
10. Why does IPO allotment fail?
IPO allotment can fail due to various reasons like oversubscription, incorrect or mismatched PAN details, invalid UPI mandate, or technical errors during the application. Duplicate applications using the same PAN across multiple Demat accounts can also lead to rejection.
11. What is registrar in IPO?
An IPO registrar is a SEBI-registered entity like Link Intime or KFintech that manages the IPO process. Their duties include verifying applications, finalizing allotments, handling refunds, and maintaining records. They also provide platforms for investors to check allotment status.
12. Can I sell IPO shares on listing day?
Yes, you can sell IPO shares on the listing day if they are credited to your Demat account before market opening. Most brokers allow same-day trading of allotted shares, letting you take advantage of listing gains or exit based on your strategy.
13. What if PAN is wrong in IPO form?
If your PAN is incorrect or doesn’t match your Demat account, your IPO application is likely to be rejected. Always double-check your details before submitting. Mismatched PANs can lead to allocation errors, refund delays, or application rejections.
14. How do I check IPO status by application number?
Go to the registrar’s website, select the IPO name, enter your application number, and click submit. You’ll see your IPO allotment status including number of shares allotted or whether your application was rejected.
15. Do all IPOs offer allotment status online?
Yes, all IPOs in India provide allotment status online. Investors can check it via the registrar’s website, stock exchanges (BSE/NSE), or through their broker’s platform. All you need is your PAN, application number, or Demat account number.
16. What if I don’t have PAN?
You cannot apply for IPOs without a valid PAN number. PAN is a mandatory requirement by SEBI for identity verification and to ensure only eligible investors participate. Applications without a valid PAN will be rejected by the registrar.
16. Can IPO status be checked without PAN?
Yes, IPO status can be checked using your application number, DP ID, or client ID on the registrar’s website. PAN is not always necessary if you have the other required details from your application or trading account.
17. What is UPI IPO application?
A UPI IPO application allows retail investors to apply for IPOs using their UPI ID. The amount is blocked in their bank account via a UPI mandate and debited only if shares are allotted. It simplifies the IPO application process for retail users.
18. Is IPO allotment first-come-first-serve?
No, IPO allotment is not on a first-come-first-serve basis. It follows a lottery system regulated by SEBI, especially when there’s oversubscription. All valid applications submitted before the cut-off time are considered equally, regardless of when they were submitted.
19. What happens to unallotted IPO shares?
Unallotted IPO shares are redistributed based on SEBI’s allocation rules. In the retail category, if one investor is allotted a lot, the next valid application in the queue gets a chance. Remaining shares go to other categories if demand exceeds supply.
20. Do I need to accept IPO shares after allotment?
No manual action is needed. Once shares are allotted, they are automatically credited to your linked Demat account. You’ll get a confirmation via SMS or email from your depository participant once the credit is complete.
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