IPO Allotment Status, Check IPO Status Link & Date Online

IPO Allotment Status Today

The IPO investors should check the IPO Allotment Status online on the registrar’s website.

• The allotment is LIVE for Inventurus Knowledge, International Gemological, Hamps Bio, and Yash Highvoltage.
• The allotment is DUE for Solar91 Cleantech, Unimech Aerospace, Carraro India, Senores Pharmaceuticals, Ventive Hospitality, New Malayalam Steel, Concord Enviro Systems, Sanathan Textiles, DAM Capital Advisors, Transrail Lighting, Mamata Machinery, Identical Brains Studios, NACDAC Infrastructure, and Rosmerta Digital Services.

Check Allotment Status, Date & Links

Find the Mainboard and SME IPO allotment on the registrar’s website. The IPO allotment date and links are given below:

What is an IPO Allotment Status?

IPO allotment is the major step for every investor in case they are from a small or big category because it gives them information about whether their invested shares are reserved or not. When a company launches an IPO, there is usually a 3-day subscription period. When the IPO subscription process is completed, the following days investors could check, whether they are being listed for their applied shares or not via messages, email, and various kinds of websites.

Importance of IPO Allotment Status

IPO allotment status is crucial for both investors and the company. Below are key points highlighting the significance of IPO allotment status for your understanding.

These points demonstrate the importance of IPO allotment status for investors:

1. Clear investment results
2. Assists with financial planning
3. Guarantees refunds
4. Enhances investor satisfaction

These points demonstrate the importance of IPO allotment status for the Company:

1. Indicates market demand
2. Fosters trust
3. Enhances company reputation
4. Increases post-IPO liquidity
5. Showcases the company’s operational efficiency

Why IPO Allotment Status Matters for Investors

IPO allocation plays a pivotal role in an investor’s life, as the allotment status helps them make informed decisions regarding their shares and provides clarity on their financial situation.

The below sentences provide clarification and assist you in enhancing more knowledge regarding IPO allotment and you could easily apply it in your life for financial growth.

• It shows the exact number of shares allotted to the investor, which helps  
• they understand their investment in the company.
• IPO allotment status helps shareholders determine whether their application was successful and, if so, how many shares have been allocated to them.
• IPO allotment status is pivotal for every investor in tracking the next steps for shareholders, regarding their shares, how many shares should be sold for profit, and how much should be held as long-term profit.
• IPO allotment status enhances stakeholders’ satisfaction, even if an unsuccessful application shows that a refund will be received the next day of the allotment.
• IPO allotment status is important for investors as it reflects the company’s organizational efficiency.
• The allotment status can reveal the level of demand for the IPO, which helps investors gauge the company’s market potential and investor sentiment.

Understanding the IPO Allotment Process

Understanding the IPO steps assists shareholders by providing information about their applied shares. This guides you with a clearer understanding of how the IPO process works, and how you could make a roadmap for your long journey about shares.

Once the IPO subscription is over within 3 to 5 days, that registrar sets up meetings for a final price by analyzing investors’ demand, market condition, and company valuation. After that, on the next day of allotment wherein, the investors can easily check whether they are allocated for IPO or not within 24 hours. This allotment could be checked by messages, emails from your brokers, and the IPO registrar’s portal.

If some investors are not allotted shares in the IPO, they will receive a refund in their bank account within the following days.

How IPO Shares Are Distributed

An Initial Public Offering (IPO), is always distributed in three main categories, wherein generally these investors are differently allocated shares as per their applications.

1. Retail Investors
2. Qualified Institutional Buyers (QIBs)
3. Non-Institutional Investors (NIIs)

Retail Investors:

Retail investors are individual investors who apply for a small number of shares, usually within a specified limit For retail investors, the investment required typically ranges from Rs. 13,000 to Rs. 15,000 for one minimum lot.

Qualified Institutional Buyers (QIBs):

Qualified Institutional Buyers (QIBs) are large institutional investors like mutual funds, insurance companies, and banks. These investors generally apply for larger shares which describe trust in that IPO.

QIBs usually invest an important amount of there and hold shares and it is mostly a longer investment. Their participation in an IPO shows strong confidence in the company’s potential for future growth.

Non-Institutional Investors (NIIs):

Non-institutional investors (NIIs) are typically high-net-worth individuals who apply for a higher number of shares in contrast to retailers. This will also help the company to make a stronger reputation in the market.

Key Terms in the IPO Allotment Process

• Application Size demonstrates the commitment of investors to the IPO by receiving several shares based on the company’s decision of lot size.
• Allotment refers to the process of distributing IPO shares to investors who have applied for them.
• The bid or offer price represents the price at which shares are being offered in the IPO, while the total number of shareholders includes retail investors, QIBs, NIIs, and anchor investors who have applied for the IPO.
• Lot Size represents how many numbers of shares could be applied in a single application.
• Anchor Investors means institutional investors allocated shares before the IPO opened to the public. These investors are not the general public but entities like mutual funds, insurance companies, or pension funds.
• A refund ensures that investors who are not allotted shares in an IPO will unblock their invested amount from the bank, the day after the allotment process is completed. 
• The Minimum Application refers to the smallest amount or number of shares an investor can apply for in an IPO, while the Maximum Application denotes the largest amount or number of shares an investor is allowed to apply for IPO.
• Retail investors are individual members of the public who usually invest a small amount of money, typically between ₹13,000 and ₹15,000, in an IPO.
• Qualified Institutional Buyers (QIBs) are investors like mutual funds, insurance companies, and foreign institutional investors, with large amounts of funds in IPO.
• Non-institutional investors (NIIs) have two categories Small NII and Big NII, in which small NII investors can apply for more than 2 lakhs, while Big NII’s amount must be under 10 lakh for the IPO process.
• Pro-rata allotment in an IPO refers to the method used to allocate shares to investors when the demand for shares in the Initial Public Offering (IPO) is higher than the number of shares available.
• Subscription in the context of an IPO (Initial Public Offering) refers to the period during which investors can submit their applications to purchase shares of a company being listed on the stock market. Generally, subscriptions have 3 days unless weekends or public holidays extend the duration.
• Oversubscription means applications of shares being received more than needed. 
• ASBA (Application Supported by Blocked Amount) is a process used in India for applying to IPOs (Initial Public Offerings) and other public issues where the investor’s application amount is blocked in their bank account but not debited until the shares are allotted.

Factors Affecting Allotment of Shares

• Multiple applications with one PAN number are the major mistakes for rejections in applications.
• If an IPO is oversubscribed means the supply of IPO applications is more than demand then it’s a high chance of being rejected.
• UPI Mandate Approval is also a major factor that affects allotment if you forget to approve the UPI mandate you might get rejected your applications.
• It’s essential to fill in the appropriate details of investors to be approved for IPO allotment.

How to Check IPO Allotment Status Online

IPO Allotment Status is a process where people can check whether they have received the shares for the IPO they applied for. One can check IPO allotment status using respective registrar websites like LinkIntime, KFintech, or Bigshare to find out if shares are allotted to you, if any, how many, or no shares were allotted due to oversubscription. 

The IPO allotment status can be checked on the very next day of the IPO closing. One can easily check IPO Allotment status online by PAN Number, Application number, or Demat ID.

Follow the given below steps to check the IPO Allotment status:

Through the Registrar’s Website

According to the latest SEBI rules, IPO registrar websites like LinkIntime or KFintech release the IPO allotment within 24 hours after the IPO closing date. However, if there is a weekend or public holiday in between subscriptions, people cannot be able to check allotment status within 24 hours but after the holidays excluding Saturdays and Sundays. Here is how you can do it:

• Go to the registrar’s website of LinkIntime or KFintech.
• Look for the IPO Allotment status section.
• Select the IPO you applied for from the dropdown list.
• Either enter your PAN Number.
• Enter the Application number that was provided to you at the time you applied for the IPO.
• Enter the DP/Client ID if it is applied through a demat account. 
• Or enter your permanent account number.
• Once the above-given details are entered, click Submit, then the IPO allotment status will be displayed. 

Via the Stock Exchange Website BSE or NSE

• Go to the Official IPO allotment page on the BSE or NSE website.
• Click on check status 
• Choose the IPO name.
• Choose Issue Type or Issue Name
• Enter the Application number or PAN number and click search

Check allotment status through a Demat account or Broker platform

• Open the app or website of your broker platform which can be any Zerodha, Upstox, Groww, Angel broking, etc.
• Login using your details to access your account
• Many brokers send email or SMS notifications to inform you about the IPO allotment result.
• After allotment, if shares are credited, you can see them under the Portfolio section of your demat account.

What Information You Need to Check Allotment Status

To check your allotment status there is some information you need, you need a platform to check your allotment status as well as you need your accurate personal details. Following is the information you need to check the allotment status:

What Details do you need to Check the IPO allotment Status?

1. PAN Number: Your permanent PAN number is required to check the IPO allotment status.
2. Application Number: You can use the unique Application number provided for your IPO application.
3. Demat Account Details: Enter your unique demat account number to check IPO allotment status.

Where to enter the following details

1. On the IPO registrar’s website like  Link Intime, and KFintech.
2. On stock exchange websites like BSE/NSE.
3. Through a Demat account or Broker platform

IPO Allotment Timelines

IPO allotment timeline is a procedure that follows the closing of an Initial Public Offering (IPO), the IPO allotment timeline lists the significant events occurring from the opening to the closing of an IPO application to the crediting of shares to winning applicants. This procedure determines various steps like the IPO announcement date, duration of IPO subscription, who will receive shares, refunding applicants’ unallotted shares, crediting shares to demat accounts, and getting the business ready for stock exchange listing.

Key Dates in the IPO Process

• IPO Announcement Date
  • It is the time when a company announces its purpose to go public by offering its shares to the public through an Initial public offering by filing a Draft Red Herring Prospectus. Through announcing the applicants get to know the key details of the IPO like the expected Issue price, Price band, and details about the business. 
• Duration of IPO Subscription
  • The duration of an IPO subscription is generally 3 working days. The duration can be extended due to weekends or public holidays. The bidding is usually open till 5 PM on every subscription day. Wherein, QIB investors might get an extra day to place their bids.

Timeline for Allotment and Refunds

1. Allotment status Basis
   • Usually, the investors can check the allotment status after 24 hours (working days) after the IPO closing. However, sometimes there can be a delay in the Allotment status depending on the Registrar’s applications as it might take time to finalize the allotment based on the subscription data that shows how many shares are getting to the investors. 
2. Allotment Status Announced
   • Once the Allotment status is out, the investors can easily check the allotment status and see if they got the allotted shares. Investors can easily check the Allotment status through:
     • The Registrar’s website like LinkIntime or KFintech uses PAN numbers, Application numbers, or demat details.
     • Via stock exchange websites like NSE or BSE
     • Through broker platforms like Angel One, Groww, Upstock, etc.
     • Or via IPO application websites.
3. Refund for unsuccessful Applications
   • After allotment status, the applicants who didn’t get allocated get refunded. This is a process for the applicants who did not receive any shares, they generally get refunded of the blocked funds on the 2nd day of the allotment announcement. Funds get automatically unblocked for UPI payments, as for bank applicants the amount can be unblocked by the bank. 
4. Successful Shares Credited to the Demat Account
   • Applicants with Successful allotment shares get credited to the Demat account or broken application. The shares will be reflected on your demat account under the holding sections of the account.
5. IPO listing on the Stock Exchange
   • In the final step for IPO allotment timelines, where a company’s shares offered to the public through IPO are listed and available for trading on stock exchanges NSE, and BSE. Once the allotment is done, the manager, lead managers, underwriters, and promoters decide and determine where the IPO of the company listed should be over the cut-off price, in a discounted price, or equal to the issue price.

IPO Allotment Status Outcomes

The IPO allotment status outcomes tell you whether or not you have received the shares you have applied for in an IPO. In this segment, the applicants can check outcomes that fall into different categories such as if they get successfully allocated, partial allotment, unsuccessful allotment, or refunds. Here I described each category in detail:

1. Successful Allotment
   • A successful allotment in the IPO means that your application for shares has been accepted and you have been allocated for the shares you applied for. After this, you will get clarification on whether you want to hold your shares for greater profit or you want to sell your shares on a listing day.
2. Partial Allotment
   • Partial Allotment is something where applicants may receive only a portion or fewer shares of the IPO they have applied for. This can happen when the demand for the shares is higher or gets oversubscribed. Partial allotment happens when there are more applications than the number of shares available.
3. Unsuccessful Allotment and Refunds
   • Unsuccessful Allotment happens when you do not receive any shares of the IPO you applied for. If you get a notification of unsuccessful allotment in an IPO means that your application for shares has not been selected, and you have not been allocated any shares. This typically happens when the IPO is oversubscribed, meaning more investors apply for shares than are available. If your allotment is unsuccessful, the amount you applied for the IPO will get unblocked and refunded only after the next day of allotment.  
4. Basis of Allotment Explained
   • The final price fixed for an IPO, issue subscription (bidding) information or demand of an IPO, and share allocation ratio are informed in the allotment document prepared by the registrar of an IPO. Successful investors can plan for the shares they get allocated whether they want to hold or sell. In contrast, the unsuccessful applicants can be rest assured as they will receive the amount on the next day of allotment. For example, If a company allocates 200 lots for retail investors but receives bids for 400 lots, the retail category is oversubscribed by 2 times. It means the basis of allotment is 1:2 and the allotment will be lottery basis.

How to Interpret IPO Allotment Status Results

It is crucial to understand allotment status results for a better understanding of whether you get successfully allocated shares or unsuccessful shares or partial allotment in the IPO. Here is how one can clearly interpret IPO allotment status results as follows:

1. Successful Allotment: This is where the applicants receive the full amount of shares they have applied for in the IPO. 
2. Partial Allotment: In case of high demand and oversubscription, some applicants may receive fewer shares than they applied for. 
3. Unsuccessful allotment: This is where you get unlucky and don’t get any shares as your application got rejected and was not in your favor. In this case, the money will be refunded.

What Each Status Means for Investors (Allotted / Not Allotted)

1. Allotted: If you see a notification saying Allotted means you have successfully been allotted and received the shares you have applied for an IPO. On the day of listing, your assigned shares will officially start trading on the stock exchange. Remember the listing date because it’s when you can purchase or sell your shares. After the shares are listed and trading starts, the applicants can either sell or hold the shares for future investment. In the IPO process, if you successfully get allotted, it takes you from an applicant to the shareholder of the company. 

2. Not-Allotted: Notified saying Non-allotted means you were not lucky enough to get allocated any shares in the IPO. Due to high demand and oversubscription, many applicants do not get allotted as the number of applicants passes the shares available for allotment. As for the money amount, it gets unblocked and refunded on the next day of allotment. Check your account or payment method you used during the IPO application for a refunded amount. Even Though, this time you didn’t get allocated, in the future you can always try other investment opportunities and get allotted. 

Financial Steps After Successful Allotment

Once you get Allotted, the following are the important financial steps you should follow to properly manage your investment for future purposes.

1. Examine your Demat account: After successful allotment, the shares of the IPO that the investor applied will be credited to your Demat account. It is crucial to check your Demat account to ensure that the shares are visible in your account.
2. Keep track of Listing date: On the day of listing, your assigned shares will officially start trading on the stock exchange. Remember the listing date because it’s when you can purchase or sell your shares. 
3. Observe market performance: Once the shares are listed, it is crucial to observe the market performance of the shares. The share price will always fluctuate depending on the market demand and supply on the listing day.
4. Decide whether to hold or sell shares: After getting successfully allotted, it’s up to you to decide whether you want to hold on to the shares for long-term benefits or sell the shares for short-term profit.
5. Tax Consequences: If you sell your shares in less than one year of allotment, it is known as short-term capital gains where you will have to pay tax at a higher price. However, if you sell shares after completing one year of allotment, it is known as long-term capital gains where you have to pay a lower tax amount.
6. Reinvestment plan: In order to successfully get allotment in the future, you may want to reinvest the revenues from a successful IPO into more investment options.

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Frequently Asked Questions on IPO Allotment Status: