Question 1

How do I get allotted shares in an IPO?

Accepted Answer

Once the IPO allotment process is completed, you will receive the allotted shares in your Demat
Account, which you can readily trade them in the market.

Question 2

What happens if IPO is not allotted?

Accepted Answer

If an investor does not receive an IPO allotment, your bank unblocks the funds that were blocked at
the time of the IPO application process. This process generally takes 4–7 working days from the date
of announcement.

Question 3

Why is an IPO not allotted to me?

Accepted Answer

Some common reasons why your IPO might not get allotted are:

IPO oversubscriptions
 Computerised lottery
 Invalid applications and in cases where IPO bid price is lower than the issue price

Question 4

Is IPO allotted on first come first serve basis?

Accepted Answer

No. IPO allotment does not happen based on first come first serve. The allotment process depends on
how the IPO gets responses from the investors. If the IPO is undersubscribed, then the investor may
get allotted all the lots for which they have applied. If the IPO is oversubscribed, the allocation
of shares to the retail investor happens through a computerised process.

Question 5

When will I receive the allotted shares in my Demat account?

Accepted Answer

The IPO registrar takes about 7 to 10 days to allot shares to successful investors.

Question 6

How can I increase my chances of getting an IPO allotment?

Accepted Answer

You can increase your chances of getting an IPO allotment in the following ways:

Avoid using larger & multiple applications
 Send in your application for an IPO early on
 Verify that there are no errors in your IPO application

Question 7

How to check IPO allotment status via Bank?

Accepted Answer

You can access the IPO Application Status by logging into your net banking account > Demat Services
> ASBA Services > IPO (Equity) > IPO History.

Question 8

What are the factors that determine how many shares I will be allotted in an IPO in case of oversubscription?

Accepted Answer

If the IPO is oversubscribed, the allotment of shares to the retail investor happens through a
computerised process and there are no specific factors to be taken into consideration.

Question 9

How to get my IPO allotment refund?

Accepted Answer

If you do not receive an IPO allotment, your bank unblocks the funds that were blocked at the time
of the IPO application process. This process generally takes 4–7 working days from the date of
announcement.

Question 10

What are the criteria for IPO allotment?

Accepted Answer

The IPO allotment process is published by the registrar in the form of a document known as ‘Basis of
Allotment’. This document provides information regarding the demand for the IPO stock.

Below are the 2 scenarios that are taken into consideration while processing the allotment of an
IPO:

1. Total number of bids is less than shares offered by the company
 2. Total number of bids is greater than or equal to the shares offered by the firm

Question 11

What factors affect IPO allotment?

Accepted Answer

Here are some factors that affect IPO allotment:

1. Company's fundamentals
 2. Retail vs Institutional investors
 3. Oversubscription
 4. Anchor Investors

Invest in untapped growth potential with IPO

What is the process of IPO allotment?

IPO allotment status

What is the process of IPO allotment?

How to check IPO allotment status?

FAQs