Before the IPO listing in the stock exchanges, there is a whole process of IPO allotment. And since there has been a hype around IPOs, a lot investors are now driven towards it. But one question that often wanders is how does IPO allotment work and how to check IPO application status.
Just like you eagerly wait for the delivery of your items after placing an order, the excitement regarding the delivery of shares after the allotment is also high.
Often the investors wonder where they can check their allotment status in order to be sure that they can avail the benefits.
Most of the time, the investors sell the shares as soon as the company is listed on the stock exchanges to make the most out of the IPO listing gains. And in some occasion, they also hold the stocks for long term benefits.
Now that we know that the IPOs can be very beneficial if allotted, let us have a look at where can you check the IPO allotment status.
Where to Check IPO Allotment Status
Now, just as there are various methods to apply for an IPO, there are various methods to check the allotment status of the IPOs as well. You can now check IPO allotment status online and further plan your strategies to make the most out of the opportunities.
SEBI has given both the stock exchanges a right to display the allotment and the complete application process of the individuals.
You can check the IPO allotment status on,
- Official website of BSE
- Website of NSE
- LINK InTime
Let us now have a look at the detailed steps.
How to Check IPO Allotment Status BSE
BSE or the Bombay Stock Exchange is one of the two stock exchanges registered in the stock market. SEBI, therefore, gives the right to officially display the application status of the IPOs on the official website.
Follow the given steps if you want to check your IPO allotment on the BSE website.
- You can check your IPO allotment by simply visiting the BSE website here.
- Now select the issue type and issue name from the drop down menu.
- After this, enter your application number and your PAN card number.
- Click on ‘I am not a robot’
- Finally, click on check.
Once you have entered all these fields you will be able to see all the details pertaining to your IPO application.
How to Check IPO Allotment Status NSE
Apart from BSE, you can also check the IPO allotment status on the official website of NSE. All the information remains visible for 6 days after the issue is closed. It is only till that time that an investor can check the status of his/her IPO application.
You can follow the given steps to check your allotment status on NSE.
- You can open the official website of NSE to check the allotment status here.
- But before that you have to register using your basic details like name, date of birth, email- id, PAN card number, etc.
- Once you have successfully registered on the website, you can check your allotment status by entering the basic details.
In this way, you can easily check the allotment status of the IPOs.
How to Check IPO Allotment Via Link InTime
There are other sources as well where you can easily check your IPO allotment after successfully applying for an IPO.
You can easily visit the website here and then enter all the details.
The only requirement to check your IPO allotment status is your PAN card number and you can easily.
After you have entered the information, you will receive the information related to the applied IPO. It is one of the most direct and easy methods to use to check your IPO allotment status.
Whenever you apply for an IPO, the main objective is to get the allotment so that you can trade and earn money in the stock market. After completing the application process, a lot of users often wonder, how can they check the allotment status. While there are various ways like simply visiting the NSE or BSE site or using websites like Link InTime.
The process is easy and convenient. If you want to apply for an IPO, you need a demat account, so open a demat account today.