Where is IPO Allotment Finalized?
IPO allotment is determined by the official registrar appointed by the issuing company under SEBI basis of allotment rules. India’s four most common registrars are:
- Link Intime India Private Limited: Handles major mainboard public issues.
- KFin Technologies Limited: One of India's largest registrars for large mainboard offerings.
- Bigshare Services Private Limited: Prominent for both SME and mid-cap mainboard IPOs.
- Skyline Financial Services / Cameo: Manages specific SME and growth issues.
How to Check Allotment on the Registrar Portal (Fastest Method)
- Visit the official portal of the designated registrar (e.g., Link Intime or KFintech).
- Select the public issue name from the drop-down list.
- Select identification mode: PAN Number, Application Number, or DP Client ID.
- Enter your 10-character PAN number and complete the security captcha.
- Click Submit / Search to view your allotment details: number of shares applied, shares allotted, and refund status.
What Happens After Allotment Finalization?
- If Allotted: The blocked UPI ASBA amount is debited from your bank account, and shares are credited to your Demat account (usually within 1 business day).
- If Not Allotted: The bank initiates unblocking of the ASBA funds, releasing the blocked amount back to your available account balance.
Frequently Asked Questions
Under T+3 listing norms, banks typically release the ASBA mandate within 24 to 48 hours of allotment finalization. If your mandate is not unblocked, contact your bank nodal branch with the UPI mandate ID.
Yes, you can visit the BSE IPO allotment status page, select "Equity", choose the issue name, and enter your application number and PAN.