By BillCut
Last updated: 26 October 2026
You can check your IPO allotment status on the registrar’s website, the BSE website or the NSE website using your PAN or application number. Under the T+3 timeline, allotment is usually finalised the working day after the issue closes, and you may also get an SMS or email.
Searches spike whenever a large IPO such as Jio is in the news, but the steps below work for any mainboard IPO.
When does IPO allotment status come out?
The Securities and Exchange Board of India (SEBI) cut the time from issue close to listing from six working days to three. SEBI’s board paper on the T+3 listing timeline made it mandatory for public issues opening on or after 1 December 2023. Here T is the day the issue closes.
| Day | What happens under the T+3 timeline |
|---|---|
| T | Issue closes for bidding |
| T+1 | Rejections and the basis of allotment are finalised and approved by the stock exchange |
| T+2 | Funds are moved for allottees and unblocked for others; shares are credited to demat accounts; the allotment notice goes up on websites |
| T+3 | Shares start trading on the exchange |
So the evening of T+1 or the morning of T+2 is usually the earliest you will see a result. These are working days, so holidays push dates back.
How to check IPO allotment status on the registrar website
The registrar to the issue (also called the RTA, such as KFin Technologies or another registrar named in the offer document) processes the allotment. SEBI’s investor guide on IPOs says you can check the status in the Investor Services section of the RTA’s website on the allotment date, and that results may also come by SMS, email or letter.
- Find the registrar’s name in the offer document or the IPO notice.
- Open the registrar’s official website and go to the IPO allotment or Investor Services section.
- Pick the company from the list of issues.
- Enter your PAN, application number or demat account details, as the page asks.
How to check BSE IPO allotment status
BSE has an IPO application status page in the Investors section of its website. You usually select the issue and enter your application number or PAN. It covers issues bid through BSE, and results may show up a little later than on the registrar’s own site.
How to check NSE IPO allotment status
NSE’s verify IPO bids page lets you select the IPO symbol and enter your PAN or application number. It shows bid details from the day the bid reaches NSE, keeps them for 10 days after the issue closes, and also shows allotment information provided by the registrar.
| Method | What you need | Good for | Watch out for |
|---|---|---|---|
| Registrar website | PAN, application number or demat ID | The first and most detailed result | Heavy traffic on allotment day |
| BSE website | Issue name and application number or PAN | A second check for BSE-listed issues | Can lag the registrar |
| NSE website | IPO symbol and PAN or application number | Seeing your bid and its allotment together | Bid data kept only 10 days after close |
What does your IPO allotment status mean?
| Status | What it usually means | What happens to your money |
|---|---|---|
| Allotted | You got shares, usually one lot or more | The blocked amount for allotted shares is debited |
| Not allotted | Your bid was valid but did not win in the lottery | The full blocked amount is unblocked |
| Rejected | The application failed a check, such as a PAN or bank mismatch, or more than one application on the same PAN | The amount is unblocked if it was blocked |
SEBI’s investor guide says one person, identified by PAN, may make only one application in an IPO, and that when an issue is oversubscribed, shares are allotted on a proportional basis or by lottery.
When will your money be unblocked and shares credited?
When you apply through ASBA or UPI, your bank blocks the bid amount instead of debiting it. Under the T+3 timeline in SEBI’s board paper, unblocking for applicants who did not get shares and credit of shares to demat accounts are both due on T+2. If you are new to this, BillCut’s demat account basics for beginners explains how holdings show up.
What if your IPO money stays blocked?
SEBI’s master circular on issue of capital (ICDR) requires banks to compensate investors for delayed unblocking of ASBA funds at Rs 100 per day or 15% a year of the application amount, whichever is higher. In SEBI’s own illustration, compensation runs from the day after funds should have been unblocked to the day they actually were.
Here is an illustrative example with a 10 day delay:
| Illustrative application | Rs 100 a day | 15% a year for 10 days | Compensation (higher figure) |
|---|---|---|---|
| Rs 15,000 | Rs 1,000 | Rs 61.64 | Rs 1,000 |
| Rs 5,00,000 | Rs 1,000 | Rs 2,054.79 | Rs 2,054.79 |
To claim it, write first to your bank and the registrar with your application number and bank statement. If that does not work, SEBI’s SCORES complaint portal lets you file against the regulated entity, but investors must first take up the grievance with the entity concerned.
How do you avoid fake IPO allotment links?
Fake messages may offer a “guaranteed allotment”, ask you to log in through a link, or send a UPI collect request labelled as a refund. Use only the registrar, BSE or NSE websites that you type in yourself. Never approve a UPI request you did not start, because approving a collect request sends money out, it does not bring a refund in. BillCut’s guide to fake refund UPI scams shows common tricks, and you can report fraud on the National Cyber Crime portal or by calling 1930.
Should you use a loan or credit card to fund IPO bids?
It is usually a poor idea. SEBI’s investor guide asks you to use your own funds to apply. Borrowing means you pay interest even if you get no shares, and prices can list below the issue price. If a card bill or personal loan is already rolling over, the interest can grow faster than any listing gain, as BillCut’s piece on the credit card interest explosion explains.
If high interest dues are stopping you from saving for investments, it may help to see whether one structured EMI could cost less in total. Check your options with BillCut.
What should you do to check IPO allotment status?
- Note the issue close date and the allotment date from the offer document.
- Check the registrar’s website first, then BSE or NSE as a second check.
- On T+2, confirm the shares in your demat account or the unblock in your bank account.
- If money stays blocked, write to your bank and registrar, then use SCORES.
For how UPI mandates for IPO bids work, see BillCut’s guide on UPI for IPOs and bills.
How BillCut can help
BillCut is a balance transfer and debt reduction platform. It works with lending partners to help eligible borrowers move high interest dues, such as credit card balances and personal loan EMIs, into one structured EMI. BillCut earns from helping borrowers refinance, so it has an interest in this option. Approval and terms depend on the partner lender, and a switch only makes sense if the total cost after fees is lower.
Frequently asked questions
How can I check IPO allotment status online?
Go to the registrar’s website, the BSE website or the NSE website, select the IPO and enter your PAN or application number. The registrar’s site usually shows the result first.
When is IPO allotment status released?
Under SEBI’s T+3 timeline, the basis of allotment is usually finalised on the working day after the issue closes, so status often appears on the evening of T+1 or on T+2.
Can I check IPO allotment status with only my PAN?
Yes, the registrar, BSE and NSE status pages usually accept your PAN in place of the application number.
What does not allotted mean in IPO status?
It means your bid was valid but you did not get shares, usually because the issue was oversubscribed and allotment was by lottery. The blocked amount is then unblocked.
How do I check IPO refund status?
With ASBA or UPI there is no refund as such, because your money was only blocked. Check your bank statement or UPI app on T+2 to see the amount unblocked.
What if my IPO amount is not unblocked on time?
Write to your bank and the registrar with your application details. SEBI rules require banks to pay Rs 100 per day or 15% a year of the amount, whichever is higher, for delayed unblocking, and you can escalate on SCORES.
Is it safe to check IPO allotment through links on WhatsApp or SMS?
No, use only the registrar, BSE or NSE website you type in yourself. Never approve a UPI collect request that claims to be an IPO refund.
This article is for general information only and is not investment or financial advice. Timelines and rules can change, and the compensation figures above are illustrative. Check the offer document and your bank statement, and speak to a qualified professional before making decisions.
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