Google trend - IPO Allotment Status

IPO Allotment Status - 10 things to know with detail

• IPO Allotment Status: IPO allotment status refers to the process of allocating shares to individual investors who have applied for the initial public offering (IPO) of a company. This process is conducted by the registrar of the IPO.
• How to Check Allotment Status: Investors can check their IPO allotment status online through the registrar's website, by using their application number or PAN number. They can also check through the stock exchange's website or by contacting their broker.
• Allotment Process: The allotment process is based on a lottery system, where shares are allocated randomly to investors based on the number of shares they have applied for and the total demand for the IPO.
• Oversubscription: If an IPO is oversubscribed, meaning there is more demand for shares than the company has available, the allotment process becomes more competitive and investors may not receive their full allotment.
• Refund Process: If an investor is not allotted any shares or receives a partial allotment, the remaining funds are refunded to their bank account within a few days after the allotment process is completed.
• Allotment Date: The allotment date is the date on which the registrar of the IPO announces the allocation of shares to investors. This date is usually a few days after the IPO closes for subscription.
• Listing Date: The listing date is the date on which the shares of the company are listed on the stock exchange for trading. This date is usually a few days after the IPO allotment date.
• Allotment Ratio: The allotment ratio is the number of shares allocated to an investor compared to the number of shares they have applied for. For example, if an investor applied for 100 shares and is allotted 50 shares, the allotment ratio would be 50%.
• Rejection of Applications: In some cases, applications for an IPO may be rejected due to various reasons such as incorrect information provided, lack of funds in the bank account, or exceeding the maximum number of shares applied for.
• Communication: Investors are usually notified about their IPO allotment status through SMS or email from the registrar of the IPO. They can also check their status online through the registrar's website or by contacting their broker.