IPO Allotment Status Check
Find out whether you have been allotted shares in a recent IPO by entering your PAN number. After an IPO closes and the registrar finalizes allotment, this page lets you quickly check the result without navigating multiple registrar websites. We support allotment lookups for all recent mainboard and SME IPOs processed by major registrars like Link Intime, KFin Technologies, and Bigshare Services. If shares are allotted, they will appear in your demat account before the listing date. If not, your blocked funds are released back to your bank within a couple of business days.
Check Your Allotment
How does allotment work?
IPO allotment results are typically announced 5-6 days after the IPO closes. The registrar publishes results based on the subscription data and lottery system. You can check your allotment by PAN number once results are declared.
Browse all IPOs →Frequently Asked Questions
When is IPO allotment announced?
IPO allotment is typically finalized within 6 business days after the issue closes. The registrar processes all applications, and the basis of allotment is published on their website and the stock exchanges. You can usually check your status on the registrar's website or right here on WealthOrbit using your PAN number. Allotment results for popular IPOs may also be shared by brokers through app notifications.
What if my IPO application is rejected?
Applications can be rejected for several reasons — incorrect PAN details, insufficient funds in your bank account, multiple applications from the same PAN, or technical errors in the UPI mandate. If your application is rejected, the blocked amount is released back to your bank account. To avoid rejections, double-check your details before submitting and ensure your UPI app approves the mandate within the deadline.
How does the retail allotment lottery work?
When an IPO is oversubscribed in the retail category, SEBI mandates a lottery-based allotment. Each valid application has an equal chance of receiving one lot, regardless of how many lots you applied for. If you applied for five lots but only win the lottery, you get one lot. This system ensures fair distribution among retail investors. Applying from multiple demat accounts linked to different PANs increases your odds, as each PAN is treated as a separate application.