Applying for an IPO is exciting—but the real suspense begins when investors start checking the IPO status of allotment. Whether you’re a first-time investor or a regular IPO applicant, understanding the allotment process can save you confusion and stress.
In this guide, we’ll walk you through the entire IPO journey, explain how IPO allotment status check online works, and show you how platforms like ipowatch make tracking easy.
What Is IPO Allotment Status?
The allotment status of IPO tells you whether shares have been allotted to your demat account or not. Since most IPOs are oversubscribed, not every applicant receives shares.
In simple words:
Allotted → Shares credited
Not allotted → Money refunded
Why IPO Allotment Status Is Important
Checking IPO allotment status helps investors:
Confirm share allocation
Track refund timelines
Plan listing-day strategy
Avoid unnecessary panic
It’s the bridge between application and listing day.
IPO Journey: From Application to Listing
1. IPO Application Stage
You apply for an IPO using:
UPI-based ASBA
Net banking
Broker platforms
Funds are blocked, not deducted.
2. Subscription & Bidding Process
IPO subscriptions are divided into:
Retail Investors (RII)
Qualified Institutional Buyers (QIB)
Non-Institutional Investors (NII)
Oversubscription plays a major role in allotment probability.
What Happens During IPO Allotment?
Meaning of Allotment Status of IPO
After the IPO closes, the registrar finalizes the basis of allotment, ensuring fair distribution as per SEBI rules.
Who Decides IPO Allotment?
The IPO registrar (like KFintech or Link Intime) handles the allotment process, not the stock exchange or company.
How to Check IPO Allotment Status Online
IPO Allotment Status Check on IPOWatch
ipowatch is one of the most popular platforms where investors can:
Check IPO allotment status updates
View allotment dates
Access registrar links
Track listing performance
It acts as a one-stop IPO information hub.
IPO Allotment Status Check Online via Registrar
You can also check allotment status directly on the registrar’s website using:
PAN number
Application number
DP/Client ID
Using PAN for IPO Allotment Status
PAN-based search is the most reliable and widely used method.
Important IPO Allotment Dates Explained
Basis of Allotment Date
This is when the registrar finalizes who gets shares.
Refund & Share Credit Date
If not allotted → funds unblocked
If allotted → shares credited to demat
IPO Listing Day
The stock finally lists on NSE/BSE, and trading begins.
Possible IPO Allotment Outcomes
If Shares Are Allotted
Shares appear in demat account
You can sell on listing day or hold
If Shares Are Not Allotted
Funds are released automatically
You can apply for the next IPO
No manual action is required.
Why Investors Don’t Get IPO Allotment
Oversubscription
When demand exceeds supply, allotment becomes lottery-based for retail investors.
Technical Issues
UPI mandate failure
Incorrect PAN or demat details
Late application
Tips to Improve IPO Allotment Chances
Apply early, not at the last minute
Avoid multiple bids from the same PAN
Ensure correct bank and demat linkage
Focus on IPOs with reasonable valuations
IPO Allotment Status vs Listing Performance
Getting allotment doesn’t guarantee profit. Some IPOs list below issue price despite strong demand.
Always consider:
Company fundamentals
Market condition
Grey market trends (carefully)
The IPO status of allotment is a crucial step in your IPO investment journey. By understanding the process and using trusted platforms like IPOwatch for IPO allotment status check online, investors can stay informed and confident.
IPO investing isn’t just about luck—it’s about knowledge, timing, and patience.
