There are many ways to check the IPO allotment status but Zerodha doesn't provide this facility on their website. To check the allotment status you can visit the website of the registrar of the IPO, for example, Link Intime, Karvy. With the help of a PAN number, you can easily check the status.
Online IPO allotments status provides details about the number of shares allocated and applied to the investor in an Initial public offer (IPO).
On the registrars' website, the IPO allotment status is available. By entering the PAN number or the IPO allocation number you can check allotment status. A basis of allotment documents are also published by the registrar of the IPO and this document provides the details of how the allotments are done and the number of applications received.
On the website of IPO registrar, investors can easily check the IPO allotment status and each IPO has a designated registrar such as Karvy, Link Intime. Registrar of an Initial public offer is a financial institution which is registered with SEBI and stock exchanges and they always keep the records of the ownership and issue of the company shares. The registrar is only responsible for allotment of shares to the IPO investors, transfer allocated share to the investors' Demat account and process refunds.
Within one week of the public issue closing date, you can check IPO allotment status which is available online. The registrar of the IPO will announce the allotment.
About the new IPO allotment status, the investors are informed by NSE, BSE, NSDL and CDSL through the mobile SMS and email.
The IPO application process has been explained separately. You can have a quick overview here.
Investors can easily apply for an IPO through Zerodha by using any supported UPI app. To buy IPO follow the below steps:
1.Visit the Zerodha Console.
2.Select IPO from the portfolio menu.
3.Choose the IPO from the list of open issues.
4.Now, enter the UPI ID.
5.Place a bid in the ‘Price’ field.
After completing all the above steps, click on the checkbox to confirm that you have read mandatory documents and then click on the submit button. In the end, you have to accept a mandate request on your UPI app.
Once you submit the IPO bid, you will receive an email or SMS from the exchange for confirming your application at the end of the day. For the time being, in your application, you can check the status of the IPO which you have applied for and also can see the last updated bid.
Zerodha does not avail this facility now where an individual can check their IPO status. There are other ways to check the status in the registrar IPO websites such as Karvy. PAN number is an essential detail which needs to be known if you are interested in checking the status. Also its important to check so make sure to keep a check on the websites properly.
Apart from checking the IPO allotment status in Zerodha, one can simply check the allotment status on the Registrar's website of that particular IPO. One can enter their PAN Number or the Application Number in order to get the Allotment status. Another effective way is the check the UPI mandate in the respective UPI apps. If the mandate gets revoked then it is clear that one has not received the allotment and Vice-Versa.
The feature might come up in future updates, but for now, there are other sites where you can check IPO allotment status. If you are looking to place an order, then do so after 10 am IST.