When can I check IPO allotment status?

IPO allotment status in India is available on T+6 — six days after the IPO subscription period closes. On T+6, demat credits are processed for allottees and ASBA blocks are released for non-allottees. The stock is listed on T+7. Check status on the BSE website, NSE website, the IPO registrar's portal, or your broker's trading app.

How is IPO allotment decided for retail investors?

For retail individual investors (RIIs) in oversubscribed IPOs, SEBI mandates a computerised lottery system. The system prioritises giving each applicant a minimum of one lot. If all one-lot applicants cannot be accommodated, a random draw selects allottees. Applying for more lots does not increase your chances until all one-lot applicants have been satisfied.

What happens to my money if I don't get IPO allotment?

If you do not receive IPO allotment, your blocked ASBA amount is automatically unblocked by your bank on T+6 (allotment day). No manual refund request is required. The funds become available in your bank account within one to two business days after unblocking, depending on your bank's processing time.

Can I check IPO allotment status using PAN number?

Yes. PAN number is the primary identifier for checking IPO allotment status on BSE, NSE, and registrar portals in India. You can also use your application number or demat account number as alternative identifiers on most platforms. Since one PAN can have only one IPO application per category, PAN-based lookup identifies your unique application record.

IPO Allotment Status: How to Check If You Got Shares — Updated 2026

Revati Krishna

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

Last Updated: 30 Mar 2026, 05:30 AM IST (2 months ago)

3 min read

IPO allotment status is the result of the share allocation process after an Initial Public Offering (IPO) subscription closes in India. It tells applicants whether they received shares, how many, and at what price. SEBI mandates that allotment results must be published within six days of the subscription closing date (T+6), with shares credited to demat accounts and refunds processed on the same day per the T+6 timeline framework.

IPO Allotment Status: How to Check If You Got Shares in 2026

After applying for shares in an IPO, investors wait for one piece of information: IPO allotment status. It confirms whether you received shares, how many lots were allotted, and when unallotted funds will be unblocked. In India, this information becomes available six days after the IPO subscription period closes.

There are four ways to check IPO allotment status in India: BSE website, NSE website, the IPO registrar's website, and your broker's trading app.

When Is IPO Allotment Status Available?

SEBI has mandated a T+6 IPO listing timeline for all mainboard IPOs in India as part of ongoing market modernisation. The timeline from subscription close to listing is:

T (Subscription Closes): Final day of IPO subscription
T+1 to T+5: Application processing, basis of allotment finalisation
T+6: Allotment status published, demat credits processed, ASBA unblocked for non-allottees
T+7: Stock listed on exchange

For SME IPOs, timelines may differ from mainboard IPO standards. Always check the specific IPO prospectus for exact dates.

How to Check IPO Allotment Status on BSE

The Bombay Stock Exchange (BSE) provides a free online tool to check allotment status for all IPOs listed on BSE:

Visit the BSE India website and navigate to the IPO section
Select the company name from the dropdown list
Choose the issue type (equity)
Enter your PAN number or application number or demat account number
Click "Search" — the result shows "Allotted" or "Not Allotted" with share quantity

How to Check IPO Allotment Status on NSE

NSE India provides a similar allotment check portal:

Go to the NSE India website and find the IPO allotment status section
Select the IPO name from the list
Enter your PAN number or application number
The status displays whether shares were allotted and how many lots

How to Check via IPO Registrar

Each IPO appoints a registrar to process applications. The three main registrars in India for IPO processing are Link Intime India (now MUFG Intime India), KFin Technologies, and Bigshare Services. All three provide online status check portals where you can use PAN, application number, or demat account details to verify allotment.

The IPO prospectus identifies the registrar. Once you know the registrar's name, visit their website and navigate to their IPO allotment status section.

How IPO Allotment Works in Oversubscribed IPOs

When an IPO receives more applications than available shares, it is oversubscribed. The allotment process for retail individual investors (RIIs) in oversubscribed IPOs follows SEBI's computerised lottery system:

Maximum one lot per PAN is prioritised first — all eligible applicants who applied for at least one lot receive equal chances in the lottery
If all applicants cannot receive at least one lot, a random computerised draw determines who gets allotted
Applicants who applied for more than one lot do not receive preference unless after all one-lot applicants are satisfied

This system, governed by SEBI regulations, ensures equal opportunity for all retail investors regardless of application size within the retail quota.

What Is ASBA and What Happens If You Are Not Allotted?

ASBA (Application Supported by Blocked Amount) is the mandatory method for IPO applications in India. Under ASBA:

The applied amount is blocked in your bank account — not debited — until allotment
If you receive allotment, only the allotted amount is debited on T+6
If you do not receive allotment, the blocked amount is automatically unblocked on T+6
No manual refund request is needed — the unblocking happens automatically through the bank

ASBA continues to earn interest while blocked because the funds remain in your account. The bank is mandated by RBI to honour ASBA blocks under IPO application procedures.

Checking IPO Allotment Through Your Broker App

Most Indian trading and investing platforms — including Sahi — display IPO allotment status directly within the app's IPO section. For IPOs applied through the platform, allotment results appear automatically when the registrar publishes results on T+6, without requiring separate BSE or NSE portal checks.