How to Check IPO Allotment Status? What is the Allotment Status?

What is the IPO Allotment Status?

The IPO Allotment status is about the number of shares being offered to the investors in the initial public offering. The Registrar of the IPO usually manages this status after the company issues the initial public offer.

The quantity of the shares that are being given is based on the market demand of the shares which may be over-subscribed or under-subscribed, which will be explained in detail in the Subscription Status.

The allotment of IPO shares will be divided based on the eligibility of the investor for that they need to have the two items. They are a demat & trading account and PAN card along with the amount necessary to buy the shares. Most shares will be allotted in two categories which are

Oversubscription

The total no of shares offered by the firm is less than the number of bids for it. In this scenario, the IPO register will allot the shares based on the SEBI Rules which state that all the applicant will get one lot. 

Under subscription 

The total no of shares offered by the firm is greater than the number of bids for it In this scenario the IPO register will simply allot the shares that they have bidded for it. 

The allotment will be done in 7 days by the IPO Registrar to allot the shares that investors had bid for. If you did not receive the IPO Allotment you applied for then it is better to check the demat account and PAN Details.  

How to Check IPO Allotment Status? 

To Check the IPO Allotment status online there are three main ways the are IPO Registrar website, NSE Website, and BSE Website.

IPO Registrar website:

These are like companies that manage the allotment on behalf of the said listing company. Like Registrar Kfin and others. To know the Registrar of the company one needs to visit the NSE or BSE and check the public issues columns in which they have draft red herring prospectus and Red Herring Prospectus to know the Registrar of the company is given in the said document.

Now go to their website and check the IPO details of the said company 

• Now enter the Application Number 
• Enter the Demat Account Number 
• Enter the PAN card Number 

Now check the Allotment status of your desired company via the IPO Registrar of the website.

BSE Website: 

• Visit the IPO Application status in the BSE 
• Fill in the type of Issue one wants to buy Equity or Debt type. 
• Fill in the company name. 
• Enter the Application Number or PAN Card Number. 

Now one can check the allotment status of it.

NSE website: 

To know the Allotment status investor has to register one time by providing the PAN details and the data about the allotment status will be available for 6 days after the issue closure date.

After registration users have to enter the user name password and captcha to see the allotment status.With this one can check the IPO allotment status in three easy ways.  

What is IPO Subscription Status?

The IPO Subscription status is about the demand for IPO shares among the investors due to the book value of the said company based on which the price of the company shares will go up or down when it actually gets listed on the stock exchange.

In some cases there will be more demand for a particular share due to expectations based on the book value and GMP which may lead to oversubscription and the share price of the company will go high when it gets listed on the share market.

In some scenarios the share subscription will go down which may lead to price depreciation and the company price will decrease when it gets listed on the stock exchange so for seasoned investors IPO subscription status is almost like the initial pulse of the new company where it will be in terms of the market valuation and dividend amount which it may give in future.  

Latest Companies Listed for IPO 

The latest  companies listed for IPO for BSE and NSE is given below

BSE 

NSE

The company that is currently listed for NSE is given below