Find Here the Methods to Check the IPO Allotment Status | Fusion - WeRIndia

IPO allotment status constitutes important information for an investor keen to be part of an initial public offer. It tells you whether you have been awarded shares in the IPO or not. You may have applied for a pending IPO and watched it closely. Now, you want to know how to find out your IPO allotment status. This article will lead you through how to know if you were allotted shares in the latest Initial Public Offering (IPO). 

Visit the Registrar’s Website

Visiting the registrar’s website is one of the simplest ways in which you can check your IPO allotment status. All IPO applications are received by the registrar, who, in return, allots shares. You can always check out their dedicated section on their website. You will be required to provide your application details such as your PAN or application number. Following the submission of the necessary details, the website will indicate if you have been provided with the shares.

Use the Stock Exchange Website

To determine the status of your IPO allotment, you can also visit the website of the stock exchange where the IPO is listed. Some of the NSE and BSE stock exchanges also offer the means to verify allotment status. Just click on IPO and provide the required information, be it your application number or PAN, and you can check the allotment status.

Check the Bidding Portal

Some IPOs also have the facility of checking the allotment status of an applied bid through the portal where the bid was made. You can, in this case, sign in with your account on the portal and check the status of your application. The number of shares allotted to an individual will be indicated there. This is also easy since it does not require that one open an external link.

Use Your Demat Account

You can access your IPO allotment status through your Demat account. The shares you have been allotted go to your Demat account, which is linked to your PAN. Click on your Demat account and confirm the holdings. If shares have been allocated to you, look for them in your account.

Receive email or SMS notifications

Some registrars and stock exchanges now send email or SMS notifications to investors concerning their allotment status in relation to the IPO. Make sure you’ve supplied an e-mail address and cell phone number for the IPO, as you’ll be notified via messages and e-mail. This is a fast and convenient procedure for checking the status of your allotment.

Conclusion

However, verifying the IPO allotment is a very important step as you begin your investment journey, and there are several ways you can achieve this goal. Either visit the registrar’s website or use the stock exchange’s platform, view your Demat account, or receive email or SMS notifications. It’s worth noting that such verification might require some time, so be careful and persistent in your actions. As such, if you have put in an application for an upcoming IPO, utilize these approaches to keep abreast of the success of your investment.

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