Verify Your Allotment Status
Select the IPO and enter your details below to check your share allotment.
Secure Connection • 256-bit SSL Encryption
SME IPO Allotment Status: Your Complete Guide
Applying for a Small and Medium Enterprise (SME) Initial Public Offering (IPO) is a thrilling experience, but the real suspense begins when you wait for the shares to be allotted. Finding your sme ipo allotment status is crucial to confirm if you've been lucky in the lottery. Here’s a detailed, step-by-step guide on how to check your status, when to check it, and what comes next in the process.
What is Allotment?
The SME IPO Allotment process is simply the official confirmation that determines how many shares you have been allocated after the IPO bidding window closes. This process is managed by the Registrar to the Issue, who ensures fair distribution according to SEBI rules. Since SME IPOs often see massive oversubscription, allotment is typically a computerised lottery system.
When to Check?
You should check your allotment status on the Allotment Date itself. The basis of allotment is generally finalised within 3 to 4 working days after the IPO closing date. Once complete, the Registrar initiates refunds for unallotted applications and begins crediting shares to successful applicants.
3 Specific Methods to Verify Your Allotment
There are three specific methods effective for checking the status. These methods rely on key entities in the Indian capital market ecosystem.
-
1
Via the Registrar’s Website:
This is the most reliable way. You will need to select the IPO and enter key details. Top registrars handling most SME IPOs include Link Intime, KFin Technologies, and Bigshare Services.
-
2
Via Stock Exchange Portals (BSE/NSE):
Both BSE SME and NSE Emerge platforms have dedicated links to track your application. Provide your PAN or Application Number to cross-verify the allotment.
-
3
Through Broker/Demat Account:
Brokers like Zerodha, Groww, or Angel One will send email/SMS notifications. You can also track the share credit directly in your demat account statement.
Market Trends
Before listing, investors often check the Grey Market Premium to estimate listing gains. You can check the latest IPO GMP here to stay updated on market sentiment.
What Happens If You Are Not Allotted Shares?
Don’t worry if you see a 'Not Allotted' status. The process ensures that your funds remain safe:
- Refunds: Funds blocked in your bank account through ASBA will be unblocked and refunded. This usually starts one day after the basis of allotment finalisation.
- Successful Allotment: If successful, shares are generally credited to your Demat account one day before the actual listing date.
Final Steps After Checking Status
Once you track and verify your status, mark these two important dates:
In summary, to successfully check your SME IPO Allotment Status, you must use your PAN, select the correct Registrar, and verify the status on the dedicated Allotment Date. Getting an allotment, especially in an oversubscribed SME IPO, is a big win, so keep tracking!