IPO Allotment Status 2026

To know whether you have acquired an IPO allotment, you just need to visit the registrar site or the BSE/NSE sites. You can do this about a week after the close of the IPO. You use the PAN, the application number, or your demat account number to check the status. In addition, the registrars and brokers usually send emails or SMS regarding allotment status after closing the allotment process.

Generally, all applicants do not get an IPO allotment. There are several reasons. The primary reason can be oversubscription, meaning that there is more demand compared to the available number of shares. This results in a lottery that takes place through a computer. In addition to that, an application can get rejected due to technical discrepancies in PAN details or incorrect UPI IDs. The funds will be unblocked if the application is valid but is not allotted when the process ends.

You can sell your IPO shares on allotment day but this is subject to the lock-in period applicable to some investors. Usually, retail investors are free to sell on the listing date after it opens at 10 AM. Anchor investors are locked in for a period of 30 to 90 days before their shares become sellable. Be sure to look for specific conditions on the listing date in the IPO prospectus.

The allotment process is carried out by an independent registrar mainly made by the IPO company hosting the same. The registrar verifies the applications and in turn distributes the shares based on the demand in line with the SEBI guidelines. If the IPO is oversubscribed, then the allotment is carried out through a lottery system. Otherwise, pro-rata allotment is done to maintain fairness among the investors.