IPO Allotment Status

IPO allotment status refers to the outcome of an investor's application to subscribe to shares in an Initial Public Offering—specifically, whether they have been allotted shares, how many, and at what price. After an IPO closes, the registrar processes all applications based on SEBI's allotment guidelines—proportionate for QIBs and NIIs, and by lottery for the retail category when oversubscribed. Investors can check their allotment status on the BSE website, NSE website, or directly through the registrar's portal using their application number, PAN, or DP client ID. Unallotted retail applicants receive a full refund within a specified timeline mandated by SEBI.