Allotment in IPO FAQs

What are the consequences of oversubscribed IPO in India?

The applicant might not be allotted the shares or the number applied for when there is an IPO oversubscription. The IPO allotment depends on which category you applied for. IPO Share Allotment for Institutional Buyers (QIB). Shares in the QIB …


How can someone get confirmed IPO allotment?

There is no guaranteed process to get a confirm IPO allotment. In case of oversubscription, the allotment is done using a lottery. Similar to any other lottery your changes reduce with a higher number of participants. But, there are ways …


I didn't get IPO allotment. Why?

The following are the main reasons why you might not be eligible for an IPO allotment: Oversubscription to IPOs and allotment are done through a lottery Application rejected because of mismatch/incomplete information The issue price is greater than the bid …


Retail investors can apply for Rs 2 Lakhs but are limited to one lot. Why is it so?

One lot is allotted to an individual, regardless of how many lots were applied. This applies only to issues that are oversubscribed. If the issue is not subscribed, the individual should be allotted one lot. Let's see how shares are …


In the account if the fund is blocked, does it depict that I will surely get allotment in IPO?

The application amount for the IPO is blocked. This does not mean you will receive an allotment. If the amount blocked is deducted from your account, it will mean that you have an allotment.


In most of the IPOs I didn't get allotment.Why?

Acceptance of an application does not guarantee that you will be allotted shares in an IPO. You will be allotted in IPOs that are undersubscribed. Oversubscription of an IPO results in allotments that are made using a particular process and …


If NII category is oversubscribed how the allotment of IPO will happen?

The minimum reserve amount for non-institutional investors (NIIs), and high net worth individuals (HNIs), is 15%. The proportionate allotment applies to NIIs or HNIs. If the issue is subscribed twice, 50% of the shares will be allotted to investors.


Even though I have never applied for an IPO, I am still receiving emails and SMS from ASBA regarding allotment and application. Where and how do I track this application and file compalint for the same?

You can send a mail to registrar of IPO. You can find the contact information of the registrar for the IPO in the Drhp or Rhp document.


Does applying first increases the chances of IPO allocation?

The IPO allocation does not depend on who applied first. It all depends on how investors respond to the IPO. If there is not enough interest from investors, or the IPO is oversubscribed, you might be allotted the same number …


Is there a greater chance of getting an IPO allotment at a higher price band than at a lower price?

Yes, you can increase your chances of getting allotment by applying in the high price range. The majority of cutoffs occur in the high price range. Applications with lower prices won't be accepted.


Instead of minimum no. of lots if a retail investor applies in maximum permissible no.of lots in a single application. Will there be any advantage in case of a oversubscribed IPO?

The retail quota is the number of shares that are available. This divides by the minimum lot size. If 10 lakh shares are made available to retail investors, and 2000 shares is the minimum lot size, then 500 applicants will …


I applied at the cut-off price for an IPO the first day of issue morning time, but I'm not usually allotted shares. Please tell me what I should do and what I should follow.

A first-come-first-serve basis doesn't work on allotment,so your timing also doesn't affect the application. These are some things you can do in order to increase your chances of being allotted shares in an IPO. Complete the IPO application form correctly. …


What I need to do next if in an IPO I have been allotted one lot of shares?

After you have allocated shares to an IPO, wait for the listing date. The listing date will be announced via circulars on NSE and BSE websites, as well as online at chittorgarh.com. After the company has been listed, you have …


How can we find the status of allotment for old IPOs?

The website of the registrar provides information about the allotment status for an IPO. It may also be published by some lead managers on their websites. Our website also allows you to view the status of an older IPO's allotment. …


How can I know the details of share allotted and refunded amount?

If shares have been allocated, you can receive a Confirmatory Allotment Note (CAN), as per SEBI guidelines. Refunds should be made within 15 days after the issue closes. You can check the status page for the specific IPO on our …


I apply for every IPO but only get allotment from a few. I don't get any allotment for good IPOs. What's the problem?

Retail investors are increasingly interested in IPOs. We see many people applying for IPOs at good companies, and the issue is often oversubscribed. Although it is a good idea to apply for IPOs, there is a risk of not being …


How to know the share allotment status applied in an IPO?

The share allotment is done by the registrar of the IPO. Once the process is complete, the results are posted on the website of the registrar. Once allotment has been completed, the registrar of issue and the stock exchange send …


In an IPO what is the formula of share allotment?

After the subscription is closed, you can determine your probability of allotment. E.g. XYZ ltd. issues IPO lot size 60, so let's assume retail subscription was 5x after closure. It is clear that those who apply for at least 5 …


How to get confirm allotment in IPO?

Although it is not easy to obtain a key, one can bid for the maximum subscription if there are high subscription numbers. It all depends on the rate of oversubscription. The only thing you can do to increase your chances …


It shows me x number of shares when I check the allotment status, but they are not in my Demat account. I don't understand why this is so.

Your Demat account does not have shares immediately. After allotment has been finalized, it usually takes a few days to transfer shares from your account.