In this page, we list the IPO Allotment Status of the ongoing IPOs. Normally the IPO allotment process takes around 7 days from the close of IPO. The best way to check the allotment status of any IPO is to visit the registrar website.
However, we have complied allotment details of all the IPOs in one place and it will be easy for you to check the allotment details.
IPO Allotment Status 2024:
Click on the IPO names to know how to check the Allotment status of that particular IPO and it is explained with steps.
IPO Name | IPO Allotment Date | Allotment Status | Check Allotment |
Jyoti CNC Automation IPO Allotment Status | January 12, 2024 | Allotment Awaited | Linkintime Allotment Link |
IPO Allotment Status 2023:
Click on the IPO names to know how to check the Allotment status of that particular IPO and it is explained with steps.
IPO Name | IPO Allotment Date | Allotment Status | Check Allotment |
Azad Engineering IPO Allotment Status | December 26, 2023 | Allotment Out | KFintech Allotment Link |
Innova Captab IPO Allotment Status | December 21, 2023 | Allotment Out | KFintech Allotment Link |
Suraj Estate Developers IPO Allotment Status | December 21, 2023 | Allotment Out | Linkintime Allotment Link |
DOMS IPO Allotment Status | December 18, 2023 | Allotment Out | Linkintime Allotment Link |
IREDA IPO Allotment Status | November 25, 2023 | Allotment Out | Linkintime Allotment Link |
Gandhar Oil IPO Allotment Status | November 30, 2023 | Allotment Out | Linkintime Allotment Link |
TATA Technologies IPO Allotment Status | November 30, 2023 | Allotment Out | Linkintime Allotment Link |
Flair Writing IPO Allotment Status | November 30, 2023 | Allotment Out | Linkintime Allotment Link |
FedBank Finanacial Services IPo Allotment Status | November 30, 2023 | Allotment Out | Linkintime Allotment Link |
Investing in Initial Public Offerings (IPOs) is a popular way for individuals to participate in the stock market and potentially reap substantial profits. However, before you start trading, it’s crucial to understand IPO allotment and how to check your IPO allotment status. In this article, we’ll walk you through the process of understanding IPO allotment, the steps to check IPO allotment status, factors affecting allotment, and tips on increasing your chances of getting allotted shares.
Understanding IPO Allotment
IPO allotment refers to the process of allocating shares to investors who have applied for an IPO. When a company decides to go public, it releases a certain number of shares to the public for subscription. To participate, investors need to apply for these shares through their brokerage or bank. However, not everyone who applies gets allotted shares.
Steps to Check IPO Allotment Status
1. Visit the Registrar’s Website
The first step in checking your IPO allotment status is to visit the registrar’s website. Registrars are responsible for managing the IPO application process and allotting shares. Popular registrars in India include Link Intime, Karvy, and KFintech.
2. Enter Your Details
Once on the registrar’s website, navigate to the IPO allotment section. You will be prompted to enter details such as your application number, PAN (Permanent Account Number), or demat account number.
3. Submit and Check Allotment Status
After entering your details, click on the “Submit” button to check your IPO allotment status. You will receive information regarding the number of shares allotted to you, if any.
Documents Required to Check IPO Allotment Status
To check the IPO allotment status you should keep the below documents ready.
- PAN Card
- IPO application Number
- Demat Account Number
It should be noted that the allotment status will be available only after the registrar finalises the allotment. The allotment information is also shared via email ans SMS. Kindly check the email that is registered while opening the demat account with your broker. And the IPO allotment Updates will be sent by CDSL, NSDL, BSE and NSE.
Factors Affecting IPO Allotment
IPO allotment is not solely based on a first-come, first-served basis. Several factors influence the allocation process:
1. Oversubscription
If an IPO is oversubscribed, i.e., the demand for shares exceeds the available quantity, allotment becomes proportionate. This means that investors may receive only a portion of the shares they applied for.
2. Lot Size
Each IPO specifies a minimum lot size, and investors must apply for shares in multiples of this lot size. The lot size varies from one IPO to another, impacting the number of shares you can apply for.
3. Retail vs. Non-Retail
IPOs often reserve a portion of shares for retail investors and institutional investors. Retail investors typically have a higher chance of getting allotted shares compared to non-retail investors.
How to Increase IPO Allotment Chances
While IPO allotment is subject to chance, there are strategies to improve your chances of receiving shares:
1. Apply in the Retail Category
If you’re a retail investor, consider applying in the retail category. This category often receives preferential treatment, increasing your chances of getting allotted shares.
2. Diversify Your Applications
Instead of concentrating your investment in a single IPO, diversify by applying for multiple IPOs. This increases your chances of getting allotted shares in at least one of them.
3. Use the ASBA Facility
Utilize the ASBA (Application Supported by Blocked Amount) facility provided by banks. It ensures that the application amount remains blocked in your bank account until allotment, reducing the risk of rejection due to insufficient funds.
4. Monitor IPO Timings:
Apply as soon as the IPO opens for subscription. Some IPOs have a limited window, and applying early can give you an advantage.
5. Apply for Multiple Lots:
Many IPOs specify a minimum lot size. Apply for multiple lots if you have the financial capacity to do so. For instance, if the lot size is 100 shares, consider applying for 200 or more. This increases your chances of receiving a larger allotment.
6. Bid at Cut-Off Price:
When applying for an IPO, consider bidding at the cut-off price. This means you are willing to accept the final price determined during the book-building process. Bidding at the cut-off price can improve your chances of allotment.
7. Stay Informed
Keep an eye on the IPO market and subscribe to IPO-related news. Staying informed about upcoming IPOs and their details can help you make better investment decisions.
Conclusion:
Checking your IPO allotment status is a crucial step in your investment journey. By understanding the process, following the necessary steps, and considering the factors affecting allotment, you can enhance your chances of receiving shares in an IPO. Remember to diversify your applications and stay informed to make the most of this investment opportunity.
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Major IPO Registrars in India
Registrar Name | Website |
Link Intime India Pvt Ltd | IPO Allotment Link |
KFin Technologies Private Ltd | IPO Allotment Link |
Bigshare Services Pvt Ltd | IPO Allotment Link |
Cameo Corporate Services Ltd | IPO Allotment Link |
Skyline Financial Services Pvt Ltd | IPO Allotment Link |
Check Below Links For Complete Information about Current and Upcoming IPOs
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