Allotment
The process that decides who gets shares in an IPO, and how many.
Allotment is the step that decides who gets shares in an IPO. When an issue is oversubscribed, there aren’t enough shares for everyone, so many applicants get none. If you’re not allotted, the money blocked through ASBA is freed. Read our IPO explainer for the full process.
Questions people ask
What does allotment mean in an IPO?
Allotment is the step after an IPO closes where shares are given out to applicants, following SEBI's rules for each investor category. Allotted shares go to your demat account.
Why didn't I get an IPO allotment?
Most often because the issue was oversubscribed: far more shares were applied for than offered. Then not every applicant can get shares, and your blocked money is released.
How do I check my IPO allotment status?
The registrar of the issue publishes allotment status online, and your broker app usually shows it too. Look up the issue by name with your PAN or application number.
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