Investing in an Initial Public Offering (IPO) is an exciting opportunity for investors to buy shares of a company before it gets listed on the stock exchange. However, after applying for an IPO, the next important step is to check whether you have received the share allotment. Fortunately, investors can easily check their IPO allotment status online using their PAN number.
A PAN (Permanent Account Number) is a unique identification number issued by the Income Tax Department in India and is commonly used in financial transactions, including IPO applications. Checking the IPO allotment status using your PAN number is one of the simplest and most reliable ways to track whether shares have been allocated to you.
In this guide, we will explain the step-by-step process to check IPO allotment status online using a PAN number.
Key Takeaways
- Investors can quickly check their IPO allotment status online using their PAN number, which is linked to their demat and IPO application.
- The easiest way to check IPO allotment status is through the official IPO registrar website by selecting the IPO name and entering your PAN details.
- Apart from registrar websites, investors can also check allotment status through stock exchange portals and brokerage platforms.
What is IPO Allotment Status?
IPO allotment status refers to the confirmation of whether an investor has been allocated shares in an IPO. When the number of applications exceeds the number of shares available, the company allocates shares through a lottery system or on a proportionate basis.
Once the allotment process is completed, investors can check their status to see whether:
- They have received shares
- They have received partial allotment
- They have not been allotted any shares
The allotment status is usually announced within a few days after the IPO subscription closes.
How to Check IPO Allotment Status via PAN?
Investors can check IPO allotment status online using their PAN number through the IPO registrar’s website or the stock exchange portals. Below is the step-by-step process.
Step 1: Go to the registrar's official IPO allotment status page.
Step 2: Select the IPO Name
Step 3: Choose PAN as the Search Option (You will be given multiple search options such as:
- Application Number
- Demat Account
- PAN Number
Select PAN Number as the search method.
Step 4: Enter Your PAN Number
Step 5: Complete Verification by completing a CAPTCHA or security verification to confirm that you are not a bot.
Step 6: Click Submit
Step 7: View Your IPO Allotment Status (Your IPO allotment details will appear on the screen.)
Alternative Ways to Check IPO Allotment Status
Besides using your PAN number, there are other ways to check IPO allotment status online.
Through Stock Exchange Websites
You can check IPO allotment status on stock exchange portals such as the websites of the two major Indian exchanges. You simply enter your PAN number and select the IPO to view the result.
Through the Registrar’s Mobile Tools
Some registrars provide mobile-friendly portals or apps where investors can check their IPO allotment status using PAN, application number, or demat details.
Through Your Broker Platform
Many online trading platforms notify investors about IPO allotment directly within the brokerage app or through email and SMS alerts.
What Happens After IPO Allotment?
Once the IPO allotment process is completed, the following steps occur:
- Shares Credited to Demat Account – If you receive allotment, shares are credited to your demat account.
- Refund Initiated – If you do not receive shares, the blocked amount in your bank account is released.
- Listing on Stock Exchange – The company’s shares are listed and start trading on the stock exchange.
Read More About: What Is IPO?
Conclusion
Checking IPO allotment status online using your PAN number is a quick and convenient way to know whether you have received shares. By visiting the IPO registrar website or the stock exchange portal and entering your PAN details, you can easily view your allotment result within seconds.
Understanding the IPO allotment process helps investors stay informed and plan their next steps, whether that involves holding the shares for listing gains or preparing for future IPO opportunities. With digital tools and online access, tracking IPO allotment has become easier than ever for retail investors.
