IPO Allotment Status
Investors eagerly wait for the IPO allotment status after applying for an Initial Public Offering (IPO). Allotment tells you whether shares have been assigned to your demat account or not.
This guide explains how IPO allotment works, where to check allotment status, refund timelines, and what happens after allotment.
What Is IPO Allotment?
IPO allotment is the process through which shares are distributed among applicants after the IPO closes.
Possible outcomes:
Allotted – You receive shares.
Not allotted – No shares are assigned.
Partial allotment – Common in HNI or large applications.
In heavily subscribed IPOs, retail allotment is usually done through a lottery-based system.
When Is IPO Allotment Announced?
The allotment date is generally 1–3 working days after the IPO closes.
Typical Timeline
IPO opens
T
IPO closes
T+2 or T+3
Allotment finalization
T+3 or T+4
Refunds initiated
T+4
Shares credited
T+4
Listing day
T+5
The exact schedule may vary for each IPO.
How to Check IPO Allotment Status
1. KFintech
For IPOs managed by KFintech:
Open the KFintech IPO allotment page.
Select the IPO.
Choose PAN / Application Number / DP ID.
Enter details and submit.
2. Link Intime
For IPOs managed by Link Intime:
Open the Link Intime allotment page.
Select the IPO.
Enter PAN or application details.
Click Search.
3. BSE Website
You can also check allotment on the BSE IPO page using:
Application number
PAN number
What Does “No Records Found” Mean?
Sometimes the status may show “No Records Found” because:
Allotment is not yet uploaded.
Wrong PAN or application number is entered.
Registrar is updating data.
Wait for a few hours and check again.
Refund and UPI Mandate
If you do not receive allotment, the blocked amount is usually released automatically.
UPI-based IPO
Money remains blocked during the IPO process.
If not allotted, the mandate is revoked or funds are released.
ASBA
The amount is unblocked by your bank.
Shares Credited but Not Visible?
If shares are allotted but not visible immediately:
Wait until the credit date mentioned in the IPO schedule.
Refresh your broker app.
Check the correct demat account.
IPO Allotment Status Table
Update this table for current IPOs.
IPO | Registrar | Allotment Date | Status |
|---|---|---|---|
Company Name | KFintech | — | Check |
Company Name | Link Intime | — | Check |
How Is Retail Allotment Decided?
Suppose:
Retail shares available: 10 lakh
Valid retail applications: 30 lakh
Since demand is 3 times higher, not every applicant can receive shares. A computerized draw is conducted to select applicants.
Tips for IPO Investors
Apply with a valid PAN and demat account.
Approve the UPI mandate on time.
Check the registrar name before searching allotment.
Avoid multiple applications from the same PAN.
Related IPO Pages
Continue your IPO research with:
IPO Guide for Beginners
IPO Review & Analysis
For better investing decisions, also read Fundamental Analysis of Stocks and Risk Management in Trading on InvestBodha.
Final Thoughts
Checking IPO allotment status is an important step after applying for any IPO. Whether you receive shares or not, understanding the allotment process, refund timeline, and share credit schedule helps avoid confusion and unnecessary stress.
At InvestBodha, we aim to simplify IPO investing with clear, beginner-friendly explanations and practical guidance.
Disclaimer
This content is for educational and informational purposes only and should not be considered investment advice. IPO investments are subject to market risks.
