IPO Allotment Status

IPO allotment status is a critical step in the IPO process, informing investors about the number of shares they have been allocated after applying for an IPO. Once an IPO closes, the company and its registrars gather all the applications and calculate the allotment based on the demand and the total shares available. The IPO allotment status indicates whether an investor's application was successful and, if so, how many shares were allotted.

Understanding the IPO allotment status is vital as it helps investors prepare for the next steps, like planning for listing day or making future investment decisions. In cases where an IPO is oversubscribed, the allotment process becomes more complicated, often using a lottery or proportional distribution system to ensure fair allocation. Knowing your IPO allotment check results allows you to assess your investment outcomes ahead of the shares being listed on the stock exchange.

If you're wondering how to check IPO allotment, there are several ways to do it. You can check the BSE IPO status or the NSE IPO allotment by following these simple steps:

● Visit the BSE Website: Head over to the official BSE site and locate the 'Status of Issue Application' section. Alternatively, you can access the BSE IPO allotment check page directly.

● Select the Issue Type: Choose 'Equity' from the dropdown menu under the 'Issue Type' section.

● Select the IPO Company: From the list, pick the company whose IPO you applied for.

● Enter Your Details: Input your application number or PAN (Permanent Account Number) in the required field and click submit.

Via Registrar Websites:

Platforms like Link Intime or KFintech also offer an easy way to perform an IPO allotment status check online. You can access these sites and follow similar steps to get the status.

By following these methods, you can easily perform an IPO allotment status check online by PAN number or application number, ensuring you know how many shares you've been allocated.

The IPO allotment process is based on the demand for shares versus the supply available. When an IPO is oversubscribed, meaning more shares were requested than available, the calculation of the allotment becomes more complex. For retail investors, shares are usually distributed proportionally based on the size of their application. In cases of significant oversubscription, a lottery system is often used to ensure fairness, which can result in some applicants receiving no shares at all.

For High Net-Worth Individuals (HNIs) and institutional investors, shares are allocated in proportion to the size of their bids. SEBI regulates this entire process to ensure transparency and fairness, with specific rules to manage fractional shares. This guarantees that the allocation of shares is handled efficiently and equitably.

The process of IPO allotment depends on the category of the investor and the level of subscription the IPO received:

●    If an IPO is undersubscribed in all investor categories, every valid application will receive a full allotment. The IPO is considered successful if it meets at least 90% of the total subscription.
●    In cases of oversubscription in one category and under subscription in another, shares can be adjusted between categories, except for QIB (Qualified Institutional Buyers).
●    If oversubscription occurs across all categories, the issuer either allocates shares proportionally or uses a lottery system to distribute shares fairly.