Applied For IPO? Here's Step-By-Step Guide On How To Check IPO Allotment Status

December 2023 has turned out to be a mega IPO month as a slew of companies have gone public in December via initial public offering (IPO). An IPO is a process whereby a private company raises funds via the issuance of fresh shares to the public.

When a company releases its IPO date, it also announces a tentative IPO allotment date when the IPO allotment status is disclosed to the public. Investors who subscribe to a public issue are always keen to know their IPO allotment status as it helps them ascertain the number of shares that will be allocated to them via the basis of allotment.

IPO allotment is very crucial in a company's Initial Public Offering process as well as for investors as the stage decides the specific number of shares the IPO subscribers will receive. Thus, those individuals applying for shares during the IPO keep a very close eye to know the IPO allotment status.

This article is for those investors who have applied for any of the recent IPOs but do not know how to check the IPO allotment status. One must note that IPO allotment status can be checked online either on the websites of Indian bourses BSE/NSE or the company's registrar's website, once the allotment has been finalized.

Steps by step guide on how to check IPO allotment status on BSE:

Visit the BSE India website.
Search for 'Status of Issue Application.'
Click 'Equity' and select the issue.
Submit your application number and PAN.
Click 'Search' to view your IPO allotment status.

How to check IPO allotment status on Registrar's Website

Go to the IPO registrar website.
Search for 'IPO Allotment Status.'
Choose the IPO you applied for.
Submit application number, DP ID/Client ID, or PAN.
Click 'Submit' or 'Search' to retrieve your allotment status.