How to Check IPO Allotment Status 2023?

How to Check IPO Allotment Status? Investment in an initial public offering (IPO) can be an exciting way to become part of an emerging new company future success, yet knowing how to check IPO allotment status is crucial for tracking investments and receiving all their due shares.

One option is visiting the website of its Registrar; this financial institution handles processing applications for the offering and allocating shares among investors. Their site should have a page where you can enter either your PAN number or Application number to check your allotment status.

Checking your IPO allotment status using a third-party website or app can also be useful, and many exist, providing more user-friendly interfaces than what the registrar provides. Just ensure it has an excellent track record before using such tools!

Ultimately, you have option to verify your IPO allotment status by reaching out to your broker. Your broker will furnish you with the most recent updates regarding your IPO application.

How to Check IPO Allotment Status?

How to Check IPO Allotment Status?

Here are the steps on how to check your IPO allotment status:

  • Find the registrar of the IPO. The registrar name will be listed in the IPO prospectus.
  • Go to the registrar website.
  • Locate the page where you can check your allotment status.
  • Enter your PAN number or IPO application number.
  • Click on the Check Status button.

The registrar website will then display your allotment status. If you have been allotted shares, the website will also show number of shares that you have been allotted.

The website will display a message stating that your application was failed if you have not been assigned any shares.

You can also check your IPO allotment status by using a third-party website or app. To do this, simply enter your PAN number or IPO application number into the website or app. The website or app will then display your allotment status.

If you have any questions about your IPO allotment status, you can contact your broker. Your broker can furnish you with up-to-date details regarding your IPO application.

Read also: Asarfi Hospital IPO Date Allotment, Analysis, Review, Price

Additional Tips to Check IPO Allotment

Here are some further hints for finding out your IPO allocation status:

  • Ensure to verify your IPO allotment status promptly after the IPO closes. The registrar’s website might encounter high traffic in the days immediately following the IPO close.
  • If your shares have not arrived within two to three weeks of an IPO closing it is wise to reach out to your broker immediately.
  • Retain a copy of your IPO allotment status for your personal records. This will be beneficial if you need to contest your allotment status in the future.

FAQ About How to Check IPO Allotment

Is checking IPO allotment status online secure?

Yes, checking IPO allotment status online through the registrar’s website or the bidding platform is secure. Make sure to use official websites and platforms to safeguard your information.

Can I check my IPO allotment status without the Application Number?

Unfortunately, no. The Application Number is a unique identifier required to check your IPO allotment status. Ensure that it is secure.

How long does it take to get the IPO allotment status after the IPO closes?

The allotment status is generally available within a few days after the IPO closes. However, the exact time may vary depending on the registrar and the IPO’s specific process.

Conclusion

Checking IPO allotment status is a vital step for investors seeking to ensure they’ve been allocated shares from companies they invested in. Following our step-by-step guide will enable you to easily check this status through either your registrar’s website or bidding platform depending on how the specific IPO operates.

Investing in initial public offerings (IPOs) can be an exciting journey, so knowing your allotment status as soon as possible helps you plan a smart investment strategy and maximize the experience! Be informed and maximize the return from your IPO journey!

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