How to check IPO allotment status

After bidding closes, the registrar validates applications, removes invalid bids, and runs the allotment process defined by SEBI for each investor category — Retail, NII (HNI), QIB, and employee categories if applicable.

Oversubscribed retail portions use a lottery: valid applications receive a random draw. Heavy oversubscription means many investors get zero shares despite a valid bid. NIIs and QIBs are typically allotted proportionately within their quotas.

Unsuccessful applicants receive an automatic refund of blocked funds. Successful applicants see shares credited to Demat before listing day and the blocked amount converted to payment.

Most IPOs publish allotment within four to seven working days after the issue closes. The expected date is listed in the RHP and on the IPO detail page on IPO GMP Track.

Registrar websites usually activate the allotment status link on the announced day — not before. Banks may also send SMS or email alerts, but the registrar is the authoritative source.

Listing typically happens a few days after allotment. If you are allotted, you can sell on listing day during market hours subject to the stock's listing schedule.

KFintech (formerly Karvy Fintech), Link Intime, Bigshare Services, and Cameo Corporate Services handle most Indian IPOs. Each IPO uses exactly one registrar — named in the prospectus and on our IPO page.

We add direct allotment links on IPO detail pages when the registrar URL is known and the link is enabled near allotment day. Bookmark the specific IPO page during the open window so you can return quickly.

Step 1 — Find the registrar name on the IPO detail page or in your application confirmation email.

Step 2 — On allotment day, open the registrar's IPO allotment section (or use the link from our IPO page).

Step 3 — Enter PAN, application number, or DP ID/client ID as prompted. Some registrars also accept mobile number linked to the bid.

Step 4 — Read the result: allotted quantity or 'Not Allotted'. Screenshot for your records.

Step 5 — Verify Demat holdings before listing if allotted; verify bank balance release if not allotted within the stated timeline.

Allotted — shares appear in Demat. Compare listing price on debut with your issue price. GMP on the last bidding day was only a hint, not a guarantee.

Not allotted — funds should unblock automatically. If money stays blocked beyond a week, contact your bank with application proof.

Partial allotment is uncommon in standard retail lot structures but can occur in certain categories — the registrar page shows exact quantity.

Link not live yet — wait until the official allotment date; registrars rarely publish early.

Application not found — verify PAN and application number character by character from bank SMS.

Demat not credited despite 'Allotted' — allow T+1 processing; contact broker with registrar screenshot if listing day approaches.