IPO Allotment Status: Nowadays many people have started investing in the stock market and IPO i.e. Initial Public Offering is a great opportunity in it. When a company sells its shares to the common people for the first time, it is called IPO. But after applying in IPO, the most important question is – how to know IPO Allotment Status? It is very easy to know, and in this article we will tell the whole process in simple Hindi.
What is IPO ALLOTMENT?
When a person applies in the IPO, he demands to buy some shares of the company. But if a lot of people apply, then not everyone gets shares. The company has a limited number of shares, so who will get shares and who not, is fixed under a fixed process. This is called IPO Allotment.
If you get shares, then it is called ‘allotted’ and if not found, it looks ‘not allotted’.
When and where to check the IPO Allotment Status?
The status of Allotment is released a few days after the IPO is opened. You can check it in the following ways:
1. From the Registrar’s website
Each IPO has an registrar who handles the allotment process, such as link intimate, kfin technologies, or bigshare services. You can check their website and check:
- https://www.linkintime.co.in
- https://ris.kfintech.com
- https://ipo.bigshareonline.com
There you just have to give the information given below:
- Your PAN number
- Application Number or DP ID/Client ID
- Name of IPO (in which you applied)
2. BSE (Bombay Stock Exchange) website
- You can also see Allotment Status by visiting BSE website:
- https://www.bseindia.com/investors/appli_check.aspx
There you will need these information:
- Application Number or PAN Number
- Select IPO name
- I am not a robot click and submit
What to do if the share is not allotted?
If you have not received shares, there is no need to panic. Your money will automatically return to your bank account. This money will come in the same account from which you applied in the IPO.
What will happen if the share is allotted?
If you get shares, they start appearing 1-2 days after allotment in your Demat account. Subsequently, you can sell or hold it on the same day the IPO share is listed in the stock market.
Some important things related to IPO allotment:
- The allotment in the IPO is fully computerized and transparent.
- If there is an oversubscription (ie more people applied), then shares are distributed from the lottery system.
- Do not apply from more than one Demat account, otherwise your application may be rejected.
conclusion:
Checking IPO Allotment Status is an easy process. You just have to go to the right website at the right time and enter PAN or application number. If you get shares, then good thing, and if not found then wait for better IPO next time. Patience is most important in investment.