How do I check my IPO allotment status?

Once the basis of allotment is finalised, check on the registrar's website using your PAN, application number or demat account, or on the BSE public issue portal. The registrar is named in the issue documents and on each IPO page here.

When is IPO allotment finalised?

Under the T+3 listing timeline, allotment is usually finalised the working day after the issue closes, with listing on the third working day after close. Checking before the basis of allotment is published returns no result.

Why did I not get an IPO allotment?

Most commonly because the retail portion was oversubscribed and allotment moved to a lottery, so valid applications simply were not drawn. Other reasons include bidding below the final cut-off price, an insufficient bank balance when the mandate was debited, a rejected or unapproved UPI mandate, or duplicate applications on one PAN.

How to check IPO allotment status — registrar, BSE and NSE links

When it becomes available

Indian IPOs run on a T+3 timeline, where T is the day the issue closes. The basis of allotment is normally finalised on T+1, refunds and demat credits happen on T+2, and the shares list on T+3. Checking before the basis of allotment is published simply returns nothing — the answer does not exist yet.

Every IPO page on this site shows the expected allotment date, and the registrar links only appear once that date has passed. That is deliberate: sending you to a page that cannot answer your question wastes your time.

Where to check

Three routes, all free. You need your PAN, application number or demat account number.

The registrar. The most direct source. Each issue has one registrar, named on its IPO page here and in the offer documents. The main ones are Link Intime (now MUFG Intime), KFin Technologies, Bigshare Services, Maashitla Securities and Purva Sharegistry.
The BSE public issue portal. Works for any issue listed on BSE, including SME. Select the issue name, enter your PAN or application number.
Your broker. Most brokers surface allotment in the app once the registrar publishes it, usually with no lookup needed.

Rather than list registrar URLs here, where they go stale, each IPO page carries a direct link to the right registrar for that specific issue, activated on the allotment date.

Why you may not have been allotted

The usual reasons, roughly in order of how often they apply:

The lottery. When the retail portion is oversubscribed, every valid application is reduced to one lot and lots are drawn at random. Not being drawn is the most common outcome for a popular issue and reflects nothing about your application.
You bid below the cut-off. A bid at the floor price fails if the issue prices at the top of the band. Selecting the cut-off option avoids this.
The mandate was never approved. UPI mandates must be accepted in your payment app before the cut-off, typically 5pm on the closing day. An unapproved mandate means no valid bid.
Insufficient balance. The full application amount must be available for blocking under ASBA. A short balance invalidates the application.
Duplicate applications. Multiple applications on one PAN in the same category are rejected together, not just the extras.

Refunds and blocked funds

Under ASBA nothing actually leaves your account while the issue is open — the amount is blocked and continues to earn interest. If you are not allotted, the block is released on T+2. If you are partially allotted, only the allotted value is debited and the rest unblocked. A block occasionally lingers a day beyond schedule; that is a bank-side delay rather than a rejection.

After allotment

Allotted shares are credited to your demat account before listing. From that point the only question left is the listing price — which is what grey market premium attempts to anticipate, and which we grade honestly on our GMP accuracy page.

UpcomingIPO does not collect your PAN, application number or any personal detail. The links on each IPO page go directly to the registrar or exchange. Nothing here is investment advice. See the IPO glossary for terms.