How to Check IPO Status in India: A Simple Guide for Investors

📝 Introduction

Investing in an Initial Public Offering (IPO) is always an exciting experience. Most people apply for shares hoping to receive a good allotment. But once the IPO closes, the very next big question that comes to one's mind is — "Did I receive the allotment or not?"

To find out the answer, you need to verify your IPO status.

In this guide, we will outline in easy language how you can track IPO status in India. Whether you are a novice or have made applications for IPOs in the past, this easy guide will enable you to track your application easily and with great speed.

✅ What is an IPO Status Check?

IPO status check pertains to checking if a person has been registered for the shares applied for under a public issue. It tells the person if:

• You got full allotment

• You received partial allotment

• Nothing was given to you

Enquiry regarding IPO status is usually made available a few days after the IPO application period is over.

📌 The Importance of Monitoring IPO Status

• It determines whether or not one can anticipate receiving shares in their demat account.

• If one did not receive shares, it serves as a notification that the refund will be processed.

• You can accordingly decide on your next investment move.

📅 When Can You Check IPO Allotment Status?

Typically, IPO allotment status is released 2–3 working days from the close of the IPO. SEBI further streamlined the process, and today most IPOs are in the T+3 listing pattern.

Example:
If the IPO is closing on a Friday, you should expect allotment status by Tuesday.

🔍 Main Methods to Verify IPO Status

There are three significant methods of verifying one's IPO status in India:

1️⃣ Via the Registrar's Website

Each IPO has a registrar – Link Intime, KFin Technologies (KFintech), or Bigshare Services, typically. The registrar is responsible for allotment and refund processes.

You can visit their official website and verify the status of your IPO using your:

• PAN number

• Application Number

• Demat account number

For example:

• KFintech: https://ris.kfintech.com

• Link Intime: https://www.linkintime.co.in

• Bigshare: https://ipo.bigshareonline.com

2️⃣ Utilizing BSE Website

Bombay Stock Exchange (BSE) also provides a facility to see allotment status for IPO applicants.

Steps to follow:

• Go to: https://www.bseindia.com/investors/appli_check.aspx

• Choose the IPO name from the dropdown

• Enter your PAN number

• Press on "Search"

If you have been allocated shares, then the quantity will be displayed.

3️⃣ Using Your Demat Account or Brokerage App

All the big brokers such as Zerodha, Groww, Upstox, and Angel One send reminders via email or app notifications.

You may also:

• Log in to your broker app

• Verify the IPO section or order history

• Check if the shares are credited

🧭 A Step-by-Step Guide to IPO Allotment Status Check

You can verify IPO status by three easy methods:

🔹 By PAN Number

This is the most common way of checking status.

• Go to the registrar or BSE website

• Enter your PAN number

• Select the IPO name

• Submit and behold the outcome

🔹 By Application Number

When you apply for an IPO, you are provided with an application number.

• Verify the registrar's IPO status page

• Select "Application No." option

• Enter the amount and verify the allotment

🔹 Utilizing the Demat Account Number

You could also check status by your 16-digit demat number (DP ID + Client ID).

• Choose "DP/Client ID" option

• Fill in the information and submit

⏱️ How Long Does IPO Allotment Take?

According to the recent regulations of SEBI, allotment of IPO currently occurs faster than previously. On average:

• IPO closes: Day 0

• Basis of allotment: Day Two or Day Three

• Refund (if any): Day 3 or Day 4

• Listing on NSE/BSE: Day 6

You'll generally receive your allotment outcome by the third day after it closes.

❌ What to Do If a Non-receipt of an IPO Allotment

If you haven't received shares from the IPO:

• Don't panic — it's normal because of oversubscription.

• Your funds will be credited to your bank account in 3–4 working days.

• You can search for the next upcoming IPO and attempt again.

💡 Tips for Higher Odds in the Next IPO

• Apply through multiple demat accounts in your family.

• Please remit through UPI and get the mandate authenticated at the earliest.

• Avoid big bids in the retail category – bid in one lot (this enhances opportunity in oversubscribed issues).

• Follow soon-to-be-IPO stocks early to prepare in advance.

⚠️ Common Problems Faced While Checking IPO Status

Some of the user issues and their resolutions are as follows:

❗ PAN Not Found Error

This is usually when:

• Status of allotment is not updated

• You have entered a wrong PAN number

✔️ Solution: Wait and verify later after a few hours.

❗ Website Not Responding

Registrar sites may be swamped with heavy traffic.

✔️ Solution: Attempt after a while or use the BSE website.

❓ FAQs on IPO Status Check

Q1. Is IPO allotment first come, first served?
No, it is done through a lottery system in the retail category.

Q2. Will I receive a notice if I am allotted IPO?
Yes, the majority of brokers and registrars provide email or SMS notifications.

Q3. May I withdraw my IPO application?
Yes, but only up to the close of the IPO. You may cancel through your broker app.

Q4. Is it safe to pay through UPI?
Yes, it is SEBI-approved. Just ensure you authorize the UPI mandate.

🏁 Conclusion to Monitoring Your IPO Allocation

Confirming your IPO status is an easy but must-do procedure once you've made an application for shares. It keeps you informed and ready for the next action.

Having realized the different ways in which you can check your IPO status—i.e., through PAN, application number, or demat ID—you can now easily monitor your application.

Whether you receive the shares or not, each IPO is a learning experience. Hold on, be patient, and one day you will strike gold.

Happy Investing!