IPO Allotment Status Check | Direct Link

IPO Allotment Status

When a company chooses to go public, it raises funds by issuing shares through an Initial Public Offering (IPO). During this process, a specific number of shares are set aside for investors. The term “allotment” refers to how these shares are distributed among those who applied for them. Given the high demand for shares, not every applicant may receive them, resulting in a lottery-style system for the allotment process.

Direct Links to Check IPO Allotment Status

Registrar Websites: Each IPO is managed by a registrar, which is responsible for the allotment process. Here are some commonly used registrars and their direct links for checking IPO status:

On these websites, you can enter details such as your application number and PAN (Permanent Account Number) to check your allotment status.

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Company NameIPO Open DateIPO Close DateIssue Price (Rs.)Allotment Status Link
Waaree Energies LimitedOct 21, 2024    Oct 23, 2024    1503IPO Allotment Status
Deepak Builders & Engineers India LimitedOct 21, 2024Oct 23, 2024203IPO Allotment Status
Hyundai Motor India LimitedOct 15, 2024Oct 17, 20241960IPO Allotment Status
KRN Heat Exchanger and Refrigeration LimitedSep 25, 2024Sep 27, 2024220IPO Allotment Status
     

How Does the Allotment Process Work?

  1. Application: Investors fill out applications through their brokers, specifying how many shares they want.
  2. Allocation: After the IPO period closes, the company decides who gets shares and how many. If more people apply than there are shares, a random or proportional system is used to distribute them.
  3. Results Announcement: Once the allocation is done, the company shares the results, showing who got shares and how many.

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