This is the dream of many individuals because it will give one a great platform to invest in equities, but once you have applied online for an IPO, then the next thing that you need to do is get to know about the IPO allotment status. This status will inform you whether you got shares in the IPO you applied for or not. While more attention is being given to IPOs, the method through which this status can be tracked has to be borne in mind.

IPO Allotment Status shall therefore be defined as:

The IPO allotment status is the method through which the shares offered to the various people demanding it during the time of its IPO subscription are provided. Due to the popularity of some IPOs, the demand outstrips the supply; hence, an IPO may be oversubscribed. When this occurs, not all the applicants for the shares are issued with the shares. The allotment status tells whether you got the shares or not, and if you got them, then how many were you awarded.

To confirm the same, one can go through the website of the registrar dealing with the IPO, or else there are certain financial portals like 5paisa through which IPO details can be checked. Normally it is random, and investors are informed of the positions they have been given in the allotment list within 2-3 days of the subscription closure.

It is very easy to check your IPO status through either of the given methods, which include;

There are several ways to check your IPO allotment status:

1. Through the IPO Registrar: The company that is floating an IPO chooses a registrar to announce the allotment, which can be Link Intime Technologies. A shareholder can go to the registrar’s website and type in his/her application or PAN number to find out his position.

2. Using Online Trading Platforms: Facilities like 5paisa help investors to directly check their IPO allotment status right through their trading platform. It is advantageous to the people who are already engaged in the use of the respective social media platforms to make applications for IPOs or trade.

3. Via Email and SMS Notifications: Some of the registrars and brokers also notify investors of the allotment status through emails or messages applying the notification services provided.

This is why checking allotment status is crucial.

Knowing your allotment status is important, as it will help prepare you for the next steps to take in your investment journey. If allotted shares, then you can look out for those shares in your Demat account once the company is listed on the stock exchange. Otherwise, the same amount you used to apply for those shares shall be refunded.

Conclusion

One must have a Demat account, as this would help them participate in the IPOs while at the same time knowing how their investments are working and also ensuring that you keep their shares handy because a Demat account contains your shares in electronic form so you can sell or buy them at ease. Platforms like 5paisa are offering a Demat account along with easy processes and steps to check for IPO allotment status, which is in a way helping investors to make the most of their market opportunities.