How to Check IPO Allotment Status Online
You applied for an IPO. The subscription window closed. Now you are waiting and refreshing your bank account every few hours hoping to see something change.
This is the part nobody tells you about clearly. When exactly does allotment happen? Where do you check it? What does it mean if the status shows pending? And what should you actually do once you know the result?
This guide walks through all of it step by step.
When is IPO Allotment Done?
Before checking your status, it is important to know the timeline so you are not checking too early.
Here is the standard IPO timeline after subscription closes:
| Day | What Happens |
|---|---|
| IPO Close Date | Subscription window shuts |
| T+1 | Basis of Allotment finalised |
| T+2 | Allotment done — you can check status |
| T+3 | Refunds initiated for non-allotted applicants |
| T+4 | Shares credited to demat accounts of allotted applicants |
| T+6 | Listing day — shares start trading on NSE/BSE |
So allotment status is typically available 2 days after the IPO closes. Checking before that will show nothing useful, the system is still processing applications.
You can find the exact allotment date for every IPO on its detail page on IPO Rise.
What You Need to Check Allotment Status
You need any one of these three details:
- PAN number: Most common and easiest to use
- Application number: Given when you submitted the IPO application through your broker or bank
- Demat account number: DP ID + Client ID
PAN is the simplest. Most investors use it directly.
Method 1: Check via Registrar Website
Every IPO has a registrar, a SEBI-registered company that manages the entire allotment process. The two most common registrars in India are:
- KFintech (formerly Karvy): handles most large Mainboard IPOs
- Link Intime India: handles many Mainboard and SME IPO
To check allotment, you need to go to the registrar assigned to your specific IPO. This is mentioned on every IPO detail page look for "Registrar" in the IPO details section.

How to Check allotment status on KFintech
- Go to kfintech.com or search "KFintech IPO allotment status"
- Select the IPO name from the dropdown, if it does not appear yet, allotment is not done
- Choose your search type: PAN, Application Number, or Demat Account
- Enter your PAN number (easiest option)
- Enter the captcha and click Submit
- Your allotment status appears on screen
The result will show either:
- Number of shares allotted
- Amount to be refunded
- Or "No allotment" if you were not selected
How to Check on Link Intime
- Go to linkintime.co.in and click on IPO Allotment Status under the Investor Services menu
- Select the IPO from the dropdown
- Choose PAN, Application Number, or Demat Account
- Enter your PAN
- Click Submit
Link Intime's interface is slightly different from KFintech but the process is identical. Both websites are mobile-friendly so you can check from your phone.
How Do You Know Which Registrar to Use?
You do not need to guess. Every IPO page on IPO Rise mentions the registrar name in the IPO details. Go to the IPO you applied for, scroll to the details section, and the registrar is listed there. Click directly to their allotment status page.
Method 2: Check via BSE Website
BSE maintains its own allotment status checker that works for all IPOs listed on BSE, regardless of which registrar manages the IPO. This is a good backup option if the registrar website is slow or down during high-traffic periods right after allotment.
Steps:
- Go to bseindia.com
- Click on Investors in the top menu
- Select Application Status under the IPO section
- Enter your PAN and IPO application number
- Click Search
The BSE checker shows your application status, number of shares applied for, and allotment result. One limitation, it requires both PAN and application number together, unlike the registrar website which works with PAN alone.
Method 3: Check via Your Broker App
If you applied through a broker app like Zerodha, Groww, or Upstox, you can check allotment status directly inside the app.
Groww: Go to IPO section → Applied IPOs → Click on Allotment status button
Upstox: Go to More in footer section → IPO → My Application Tab → If ipo is alloted, status will be IPO Alloted
Broker apps usually update allotment status on the same day registrars publish results. If you applied through a broker, this is the most convenient way to check.
What to Do If You Are Allotted
Getting allotment is the result everyone wants, but knowing what happens next is just as important.
1. Wait for Shares to Hit Your Demat Account
Shares are credited to your demat account on T+4 two days after allotment status is confirmed. You do not need to do anything. The process is fully automatic. Shares just appear in your demat account on the scheduled date. You will also receive a confirmation from your broker or depository (CDSL or NSDL) once shares are credited.
2. Decide Your Strategy Before Listing Day
This is the part most new investors skip, and then make an emotional decision on listing morning.
Decide in advance:
- Will you sell on listing day for the listing gain if GMP is strong?
- Will you hold if you believe in the company long term?
- Will you set a stop loss in case the stock lists below issue price?
Having this decided before listing day means you are not making a rushed call when the market opens. Check the current GMP for your IPO on IPO Rise Live GMP a day before listing to get a sense of where the stock may open.
3. Listing Day - How to Sell
If you decide to sell on listing day, you can place a sell order from your broker app from 9:15 AM when markets open. IPO shares are treated like any other stock from listing day onwards you buy and sell through your regular trading account. One thing to note: shares listed on NSE can only be sold through your NSE-linked trading account, and shares listed on BSE through your BSE-linked account. Most brokers handle both, but confirm with yours if unsure.
What to Do If You Are Not Allotted
Not getting allotment is the more common outcome, when the IPO is heavily oversubscribed where millions of applications compete for a limited number of retail lots.
1. Check Your Refund
Your blocked amount is released automatically within 1 working day after allotment. You do not need to raise a request or call anyone. The block simply lifts and the money is available in your account again. If 2 working days have passed after allotment and your money is still blocked, contact your bank or broker. This is rare but can happen due to technical delays.
2. You Can Still Buy on Listing Day
Not getting IPO allotment does not mean you missed the opportunity entirely. You can buy the stock from the open market on listing day through your broker app, just like buying any other share. Whether this makes sense depends on the listing price. If the stock lists at a big premium and GMP was already high, buying on listing day may mean paying well above issue price. If the stock lists flat or at a small premium, buying early on listing day can still be a reasonable entry point if you like the company.
3. Plan for the Next IPO
Missing allotment on one IPO just means your capital is free for the next one. Check upcoming IPOs on IPO Rise to see what is opening next and plan your applications accordingly.
Why Does Allotment Status Show Pending?
This is one of the most common things people search for during IPO season and the answer is usually simple.
Reason 1: Allotment is Not Done Yet
The most common reason. Allotment happens on T+2 after IPO closure. If you are checking before that, the status will show as pending or not found. Give it time.
Reason 2: Wrong IPO Selected on Registrar Website
Both KFintech and Link Intime manage multiple IPOs at the same time. If you select the wrong IPO name from the dropdown, your PAN will obviously show no result. Double check that you selected the exact IPO you applied for.
Reason 3: Application Was Rejected
Sometimes an application is submitted but gets rejected before allotment due to technical issues, PAN mismatch between bank and demat account, UPI mandate not approved in time, or duplicate application from the same PAN. In this case the registrar website will show the application as rejected rather than pending. If this happens, check the rejection reason and make sure the issue is fixed before your next IPO application.
Reason 4: Registrar Website is Overloaded
On allotment day, millions of investors check their status at the same time. Registrar websites like: KFintech and Link Intime frequently slow down or time out in the first few hours after results are published. If you get an error or timeout, wait an hour and try again. The BSE website is usually faster during these peak periods.
Reason 5: You Checked Too Early
Allotment results are usually published between 12 PM and 6 PM on the allotment date. Checking at 9 AM on that day will show nothing. Be patient and check after noon.
Key Takeaways
- Allotment status is available on T+2 after IPO closes, checking before that shows nothing
- Use your PAN number, it is the simplest way to check on any registrar website
- KFintech and Link Intime are the two main registrars, check which one handles your IPO on the IPO detail page on IPO Rise
- If allotted, shares credit to your demat account on T+4 automatically, decide your listing day strategy in advance
- If not allotted, blocked amount releases within 1 working day, no action needed from your side
- Pending status usually means allotment is not done yet, wrong IPO selected, or registrar website is overloaded
- Rejected applications are shown separately, fix the issue for your next application
Check allotment dates and registrar details for all current IPOs on IPO Rise Ongoing IPOs.
Frequently Asked Questions
Q. When is IPO allotment status available?
A. IPO allotment status is available on T+2, two days after the IPO subscription closes. Checking before this date will show no results as the system is still processing applications.
Q. How do I check IPO allotment status using PAN?
A. Go to the registrar website assigned to your IPO, either KFintech (kfintech.com/ipostatus) or Link Intime (linkintime.co.in). Select the IPO name, choose PAN as the search type, enter your PAN number, and submit. Your allotment result will appear on screen.
Q. How long does IPO refund take if not allotted?
A. If you are not allotted shares, the blocked amount is released back to your bank account within 1 working day after allotment is finalised. No action is required from your side.
Q. Why is my IPO allotment status showing pending?
A. Pending status usually means allotment results are not yet published, you selected the wrong IPO on the registrar website, or the registrar website is overloaded with traffic on allotment day. Wait until after 12 PM on allotment date and try again.
Q. Can I buy IPO shares if I did not get allotment?
A. Yes. You can buy the stock from the open market on listing day through your broker app, just like any other share. Whether this makes financial sense depends on the listing price and your view on the company.
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