How to Check IPO Allotment Status Online: A Step-by-Step Guide

Updated on: Sep 24th, 2025

6 min read

Checking the IPO (Initial Public Offering) allotment status is a process to determine the application status and whether the bid has been allotted or not in the IPO allotment process. Let’s understand more about this in this article.

Key Highlights:
IPO allotments will be finalised by the registrar on the next working day after the IPO closes.
Allotment status can be checked through the Registrar's website.
Allotment status will be delivered via mail/message, and the banks will also notify the funds debit or the upholding process once it is finalised.

What is IPO Allotment?

IPO allotment refers to the allocation of shares to a company's new investors, which occurs after the bidding period ends and distributes the shares to investors. It has been managed solely by the registrar in consultation with the Stock Exchange, which reviews valid bids that meet the eligibility criteria and the cut-off price.

If the IPO is undersubscribed, all applicants will receive the shares in proportion to their bid requests. This entire IPO allotment announcement is made after 1-2 days, following the end of the IPO bidding period. However, if it is oversubscribed, shares are allocated either proportionally or through a lottery.

Successful applicants receive shares credited to their registered Demat accounts, while refunds for unallotted shares are returned to the source.

How to Check IPO Allotment Status on NSE

NSE is one of the places where you can check if you got the IPO shares. Follow these steps:

Open the Internet on a Phone or Computer

Open a browser (such as Google Chrome or Safari) on a phone or computer if you don't know ask someone to help you.

In the browser, type this address: www.nseindia.com and press "Go" or "Enter."

Find the Right Section:

On the NSE website’s main page, look for a word called "Invest". It’s usually at the top or in a menu.

Click or tap on "Invest".

Now, look for something that says "Resources and Tools". Click or tap on it.

Now click on: check trades/ bids”, tap on this, and check for “VERIFY IPO BIDS”

Enter Your Details: A new page will open. It will ask for some information:

IPO Name: Choose the company name you applied for (there will be a list to pick from).

Application Number: This is the number you got when you applied for the IPO. Check your application form or message from your bank/broker.

PAN Number: This is your PAN card number (10 letters/numbers, like ABCDE1234F).

Type these details carefully. If you don’t know how to type, ask someone to help.

Click Submit: After entering the details, a button labelled "Submit" or "Check" will appear. Click or tap on it.

See the Result: The screen will indicate whether you received the IPO shares or not. It might say:

Allotted: You got the shares!

Not Allotted: You didn’t get the shares.

If you don’t understand the result, ask someone to explain it to you

How to Check IPO Allotment Status on BSE

BSE is another place to check your IPO status. The steps are very similar:

Open the Internet on a Phone or Computer

Use a browser (like Google Chrome or Safari) on a phone or computer.

Type this address: www.bseindia.com and press "Go" or "Enter."

Go to the IPO Section

On the BSE website, look for a link that says “Investors”

Then click on “Status Of Issue Application” and then click on “APPLICATION STATUS CHECK”.

Click or tap on "Equity".

Enter Your Details: On the new page, you’ll need to fill in:

IPO Name: Select the company you applied for from a list.

Application Number: Find this number on your IPO application form or the message from your bank/broker.

PAN Number: This is the number on your PAN card. Type these carefully.

Click Submit: After filling in the details, look for a button that says "Submit" or "Check". Click or tap on it.

See the Result: The screen will tell you if you got the IPO shares:

Allotted: You got the shares!

Not Allotted: You didn’t get the shares.

If it’s confusing, ask someone to read and explain it to you.

How to Check IPO Allotment Status through Registrar?

Find the Registrar for the IPO

Each company has a different registrar to manage its IPO allotment process, and each registrar has a dedicated link for checking IPO allotment status.
The registrar’s name can be found on the DRHP document of the IPO, or you can find it in the trading platform (Stockbroker) that you used for bidding on the application.

You can visit the respective stock exchange websites (BSE or NSE) for more details about the ipo and the registrars.

Gather the Required Information for the Bid

To check the allotment status, you’ll typically need one of the following details like application number, PAN number, DPID number, or Bank account number/IFSC code.
The application Number is the unique number you received via MAIL/SMS or both when you applied for the IPO via your broker.

Visit the IPO Allotment Status Page

Go to the registrar’s website that your applied company has registered, and look for the IPO Allotment Status section.
Usually, these pages will be titled like "IPO Allotment Status" or “Check Allotment Status here.”
In the registrar websites like Link Intime India, Kfintech, Bigshare Services, Cameo Corporate Services
Once redirected to the allotment status page, select your IPO and enter your Application Number, PAN Number, DPID, or Bank account number/IFSC code as per the website’s requirements.
Then, click on the "Submit" or "Check Status" button after entering the required details.
The page will display the allotment status, indicating whether your bid has been allotted or not.

If your bid is allotted: The status will display the number of shares allotted and the funds adjusted or deducted.

If your bid is not allotted: The status will indicate that no shares have been allotted and no funds have been adjusted or deducted.

Check Through Demat Account

Many brokers and trading platforms also allow you to check your IPO allotment status directly through their portal. If you applied through a specific trading platform, such as Zerodha, Upstox, or Groww, you can check the IPO allotment status under your IPO application section by entering your details and reviewing the status.

What are the Factors Involved in Affecting IPO Allotment

Several factors influence how IPO allotment is decided by the Registrar. Here’s a simple breakdown:

Subscription Rate

If the IPO is oversubscribed, the allotment will be lower. Because if the IPO receives 10 times more bids than required, only a portion of your application might be successful.

Number of Shares Applied

The more shares you apply for, the higher the chance of getting an allotment, but this still depends on the overall demand for the subscription rate.

Pro-Rata Basis

In the event of oversubscription of an IPO, shares are allotted on a proportional basis.
For instance, if 1,000 people apply for 1,000 shares, and there are only 500 shares available, everyone will receive 50% of what they applied for, and the proportional rate may be adjusted based on the subscription rate.

Lottery System

If the IPO is heavily oversubscribed, shares may be allotted randomly through a lottery method.
This is often used to give everyone an equal chance to experience the process of IPO.

Category of Investor

The IPO allotments can vary based on the category you fall into it such as retail, institutional, high-net-worth individuals, or ultra-high-net-worth individuals.
Retail investors generally have a better chance in their retail category.

Issue Size

The total number of shares offered also plays a role.
The bigger the IPO, the bigger the chances are of allotment, while a smaller one may result in fewer shares for each applicant.

Who Decides the IPO Allotment?

The Registrar is fully responsible for allotting and managing the IPO allotment process. After the IPO subscription period ends, the registrar will initiate the process for all applications, ensuring that the allotment is made in a fair, clear, and transparent manner.

The registrar ensures the technical aspects of the allotment, including verifying applications, allocating shares based on the subscription rate, and ensuring compliance with regulatory requirements set by SEBI.

They maintain records of all applicants, oversee the share distribution, and facilitate the crediting of allotted shares to the investor's registered Demat accounts. In simple terms, the registrar ensures that the IPO allotment process is executed smoothly and in line with the guidelines provided.

How to Calculate IPO Allotment

The calculation of IPO allotment is based on the lot size of an investor who has applied for the IPO. The total number of shares offered in the IPO, and the demand for those shares within the price band. In the case of oversubscription, the allotment process is typically conducted on a proportional basis or through a lottery-based method.

To calculate your IPO allotment, first need to determine the lot size.
Next, check the issue size of the IPO and the subscription rate.
If the IPO is oversubscribed, the allotment will be reduced, based on the number of applications and the size of the issue.

Example:

If the subscription rate is 10 times and you apply for 1,000 shares, the chances of receiving an allotment are significantly lower, and you might only get a fraction of the shares or none, depending on the allocation method used. After the allotment process, the number of shares allotted to the investor will be released by the registrar

Conclusion

Once the allotment is confirmed, the allotted shares will be credited to your Demat account. If you aren’t allotted any shares, your money will be refunded or returned to the source from which it originated. The allotted shares are available to sell on the listing day after 10:00 AM

Frequently Asked Questions

How can I check my IPO allotment status?

One can check their IPO allotment status on the NSE, BSE, or through the registrar's website by entering details like your application number, PAN, or Demat account number.

What factors affect IPO allotment?

Factors like subscription rate, and investor category (retail or institutional) determine the chances of IPO allotment.

How do I make sure my IPO is allotted?

To increase your IPO allotment chances , apply early, choose the right lot size, and ensure your application meets all eligibility criteria. You may also consider applying via multiple applications in the same category (if allowed) to improve your chances.

How do I track my upcoming IPO?

To track upcoming IPOs, visit stock exchanges websites, or your broker’s platform. These platforms often list details about the IPO date, subscription, and related information.

How to know IPO listing date?

The IPO listing date is typically mentioned in the prospectus. You can also track it through the stock exchange where the IPO is getting listed (NSE/BSE).

About the Author

REPAKA PAVAN ADITYA

Stocks and Mutual Funds Research Analyst

I manifest my zeal in financial quantitative & quantitative research and have been instrumental in creating a robust process for the evaluation and monitoring of mutual funds. I’m responsible for Equity and Mutual Funds Research while creating instrumental mathematical models for portfolio construction after evaluating funds, and I play an integral role in analyzing changes in mutual funds, micro, and macro-economic indicators, and equity market events and trends. My views on asset classes which are integral in creating an investment strategy for any profile. Read more

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