IPO Allotment Process Explained

IPO allotment is the process through which shares are assigned to investors after the IPO closes.

Steps in IPO Allotment

1. IPO subscription closes
2. Registrar finalizes basis of allotment
3. Shares credited to Demat accounts
4. Refunds issued for non-allottees

Retail Investor Allotment

Retail investors are allotted shares using a lottery system if the IPO is oversubscribed.

Where to Check Allotment Status

You can check allotment status on registrar websites like Link Intime or KFin Technologies.

Conclusion

IPO allotment is transparent and fully regulated by SEBI.