When is IPO allotment status available?

IPO allotment status is typically available six days after the subscription period closes (T+6). SEBI's current framework requires that allotment, refunds, and demat credits all be processed by T+6. Listing on NSE and BSE follows on T+7. Investors can check allotment on the BSE website, NSE website, or the IPO registrar's website using their PAN number.

How is IPO allotment decided for retail investors?

For retail individual investors (RII category), IPO allotment in an oversubscribed IPO is done through a computerised lottery process. Each valid applicant is treated as one entry regardless of the number of lots applied for (within the retail limit). The lottery ensures each retail applicant has an equal chance of receiving at least one lot. SEBI oversees this process to ensure fairness.

What is ASBA and how does it work in IPO applications?

ASBA stands for Application Supported by Blocked Amount. When you apply for an IPO, the application money is blocked in your bank account rather than debited. This allows your funds to continue earning interest until allotment is finalised. Only the amount corresponding to allotted shares is debited. The remaining blocked amount is automatically released on the allotment date.

Can I check IPO allotment status using my PAN?

Yes, PAN is the primary identifier for IPO allotment status checks on both BSE and NSE portals, as well as on registrar websites. Enter your PAN in the allotment status search field along with the IPO name to see whether you have been allotted shares. Allotment status is available approximately six days after the IPO subscription window closes.

What happens to my money if I am not allotted IPO shares?

If you are not allotted shares in an IPO, the blocked amount in your bank account under the ASBA process is automatically unblocked on the allotment date. For UPI-based applications, the UPI mandate is released. No manual refund request is needed. The money typically becomes available in your bank account within one to two business days of the allotment date.

IPO Allotment Status: How to Check BSE & NSE Online

IPO Allotment Status: How to Check If You Got Shares

Team Sahi

Published: 24 Feb 2026, 05:30 AM IST (3 days ago)

Last Updated: 24 Feb 2026, 11:50 PM IST (2 days ago)

5 min read

IPO allotment status tells an investor whether they have been allotted shares in an Initial Public Offering. After an IPO subscription period closes, the company and its registrar finalise allotment and notify applicants. Checking allotment status is one of the first steps an investor takes after applying for an IPO.

What is IPO Allotment?

When a company launches an IPO, it invites investors to apply for a fixed number of shares. Applications often exceed the available shares, especially for popular IPOs. The process of deciding which applicants receive shares and how many is called IPO allotment.

In India, allotment is governed by SEBI regulations. Retail investors who apply under the Retail Individual Investor (RII) category receive allotment based on a lottery when the IPO is oversubscribed. For non-retail categories, allotment is proportional to the subscription level.

IPO Allotment Timeline

SEBI mandates a specific timeline for IPO allotment after the subscription closes:

Event	Typical Timing
IPO subscription period closes	Day 0 (T)
Basis of allotment finalised	T+5 to T+6
Allotment status available	T+6
Refunds for unallotted shares	T+6
Demat credit of allotted shares	T+6
Listing on NSE and BSE	T+7

SEBI reduced the IPO listing timeline as part of market modernisation efforts. This significantly shortened the wait for investors to receive refunds and see their allotted shares.

How to Check IPO Allotment Status on BSE

BSE provides an official portal to check IPO allotment status for all IPOs listed on the exchange. Here are the steps:

Go to the BSE website and navigate to the IPO allotment section.
Select the company name or IPO from the dropdown menu.
Enter your PAN number or application number.
Click Submit to see your allotment status.

The status will show either "Allotted" (with the number of shares) or "Not Allotted." In case of non-allotment, the refund amount is displayed.

How to Check IPO Allotment Status on NSE

NSE also offers an allotment check portal for IPOs listed on NSE. The process is similar:

Visit the NSE India website and go to the IPO allotment status section.
Select the IPO name from the list.
Enter your PAN or application number.
View your allotment result.

How to Check via the Registrar

Every IPO appoints a registrar to manage applications. Common registrars in India include Link Intime, KFin Technologies, and MUFG Intime India (formerly Karvy). You can check allotment status on the registrar's website by:

Visiting the registrar's website.
Selecting the IPO from the available list.
Entering your PAN, application number, or demat account number.

What Happens If You Are Not Allotted Shares?

If an applicant does not receive an allotment, the blocked amount in their bank account (under the ASBA process) is automatically unblocked. For UPI-based applications, the amount is released from the UPI mandate. No manual refund request is needed.

What is ASBA in IPO Applications?

ASBA stands for Application Supported by Blocked Amount. Under the ASBA process, the application money is blocked in the investor's bank account — not debited — until the allotment is finalised. Only the exact allotment amount is debited. Unallotted amounts are automatically released. This protects investors from losing interest on money that may not be used for share purchases.

Checking Allotment Through Your Broker or Platform

Many trading and investment platforms display IPO allotment status directly within the app or web platform. Investors who applied through a broker or investment app can typically view their allotment status under the IPO section of the platform.