With IPO Allotment Status you can know about the latest IPO allotted to your Demat account. This way you can know if you have received the shares in your Demat account or not. IPO allotment status is the best way to check the investor’s Demat account. Below, we have shared complete information on IPO Allotment Status and how to check the IPO allotment status. Furthermore, we have shared details about the upcoming IPOs and their allotment, have a look.
IPO Allotment Status
The initial public offering is referred to as an IPO. This is the first time a corporation has made its stock available to the general public.
|IPO Abbreviation||Initial Public Offering|
|IPO Allotment Board||National Stock Exchange (NSE) or Bombay Stock Exchange (BSE)|
|IPO Allotment Status To Be Updated Through||Email, Mobile, or SMS|
The IPO or Initial Public Offering of a company lists in the market to get the initial funds to run the business. An IPO is also a mechanism for investors that they use to invest in a company that is listed in the stock market. It doesn’t matter that it’s a private firm or a govt organisation, every company can list their shares in the stock market. However, there is a basic criterion or a set of rules which every company has to follow to list their company in the market.
The IPO basically means that a company is offering its securities to a private firm or an individual. There is some instruction that both the broker and the investor have to follow to buy the IPO lot.
How to Check IPO Allotment Status?
An IPO (Initial Public Offering) is a sort of public offering in which a company’s shares are sold for the first time to the general public. There are various ways to check for the IPO Allotment status. And below, we have listed the complete guide and various methods to check for the IPO Allotment status.
This tutorial will walk you through how to check your IPO allotment status step by step. This is the first method by which you can check the IPO Allotment Status.
Step 1: Go to the company’s website that has filed for an IPO.
Step 2: At the top of their homepage, choose “IPO” or “Investors,” then “Allotments Status.”
Step 3: Click “Login” after entering your login credentials.
Step 4: To see your allocation status, click “View Allotments Status” and input your information, including the number of shares allotted and the number of shares allotted.
The status of an IPO’s allotment can be verified on the exchange’s website as well. At the end of trading hours, the allotment status is normally updated once a day. Investors can also check their allotments by contacting the company or their broker directly.
Step 1: Go to the official website of the exchange.
Step 2: Log in with your credentials.
Step 3: Go to the IPO Status or IPO Allotment section and check if the IPO is allotted to you or not.
You can also call the exchange customer care to know about the IPO allotment status. However, you will still have to login into your account to check the IPO allotment status.
Apart from these methods, there is a way in which investors invest in the IPO using third-party websites or apps. For instance, there are a lot of popular investing apps in the market Groww, Kite by Zerodha, and Upstox is some of the most popular ones. And below is the complete process to check for the IPO allotment status on these apps:
Step 1: Download the apps by which you have invested in an IPO. You can download the app directly from the Google Play Store.
Step 2: After downloading the app, open the app and log in with your email address or phone no.
Step 3: After you have successfully logged in, go to the IPO section, and there you will see the IPO in which you have recently invested.
Step 4: On this page, you can check the IPO Allotment Status.
Hariom Pipe IPO Allotment Status
Hariom Pipe is one of the companies that has been recently listed on the stock exchange with the IPO. The IPO went public on 8th April and if you are one of the investors of this IPO, then you must want to know the Hariom Pipe IPO Allotment Status.
According to the official National Stock Exchange date, the Hariom Pipe has received a lot of bids from the investors and the top bid is to be 6.74 Cr against a total of 85,000 shares. Moreover, the company’s IPO was subscribed at a rate of 7.93 times on the final day.
This basically means, that if you applied for this IPO, then there are 1 out of 8 chances that you will get this IPO. Private investors responded greatly to this IPO.
So, this was all about the IPO Allotment Status. Hopefully, you will like our approach. If you have any questions or suggestions, then do let us know in the comment section.