Checking Your NSE IPO Allotment Status

Securing an allotment in a National Stock Exchange (NSE) IPO can be an exciting prospect. However, after the IPO closes, the waiting game begins: checking your allotment status. This article provides a straightforward guide on how to check if you were successfully allotted shares in an NSE IPO.

Understanding the Allotment Process

Before diving into the methods, it’s important to understand the basics. IPOs are often oversubscribed, meaning there are more applications than available shares. Therefore, not everyone who applies receives an allotment. The allotment process is typically conducted on a lottery basis or through a proportionate allotment, aiming for fairness. Registrars, independent entities appointed by the company launching the IPO, handle the allotment process and the subsequent distribution of shares to successful applicants.

Methods to Check Your Allotment Status

There are primarily two ways to check your NSE IPO allotment status:

1. Registrar’s Website

This is the most reliable and direct method. The registrar is responsible for processing the IPO applications and finalizing the allotment. The registrar’s name is always mentioned in the IPO prospectus. Some popular registrars include Link Intime India Private Ltd and KFin Technologies Limited.

1. Visit the registrar’s website. Look for a dedicated section for IPO allotment status.
2. Select the IPO name from the dropdown menu (if available).
3. You’ll typically be asked to enter one of the following details:
   • PAN (Permanent Account Number)
   • Application Number
   • DPID/Client ID
4. Enter the required information and submit.
5. The allotment status will be displayed on the screen. It will indicate whether you were allotted shares or not.

2. BSE Website

The Bombay Stock Exchange (BSE) also provides a platform to check IPO allotment status for NSE IPOs. Here’s how:

1. Go to the BSE website.
2. Navigate to the ‘Investors’ section and then to ‘IPO Allotment Status’. You can also search directly on the website.
3. Select the IPO name from the dropdown menu.
4. Enter your Application Number and PAN.
5. Click on the ‘Search’ button.
6. Your allotment status will be displayed.

Interpreting the Allotment Status

The allotment status will generally display one of the following outcomes:

• Allotted: Congratulations! You have been allotted shares in the IPO. The shares will be credited to your Demat account as per the timeline provided in the prospectus.
• Not Allotted: Unfortunately, you have not been allotted any shares in the IPO. The funds blocked in your account will be released back to you within a few days.
• Status Not Found: This could mean that the allotment process is still underway or that there might be an error in the information you entered. Double-check your details and try again later.

Important Considerations

• Keep your application number handy.
• Ensure you enter the correct details.
• Allow sufficient time for the allotment process to be completed.
• If you are allotted shares, monitor your Demat account for the credit of shares.
• If you have any discrepancies or issues, contact the registrar immediately.

Checking your NSE IPO allotment status is a simple process, thanks to the online facilities provided by the registrars and BSE. By following these steps, you can quickly determine whether your application was successful and take the next steps accordingly.