When will I know if I got IPO shares?
After applying for an IPO through FYERS, the allotment status is usually available a few days after the IPO subscription window closes. Allotments are handled by the IPO registrar and are typically finalised within 3–4 working days from the last subscription day.
How to know if you got the IPO allotment?
Check on FYERS:
- Log in and go to Orders > IPO.
- Select the IPO to view allotment-related status and timeline.
Registrar’s website:
- Visit the registrar’s site (e.g., KFinTech, Link Intime).
- Enter your PAN or Application ID to check the allotment status.
Email notification:
- If allotted, you’ll also receive a contract note via email from FYERS after allotment.
What if...
| Scenario | Explanation |
|---|
| You didn’t receive any shares | You’ll see ‘No allotment’ on both registrar site and FYERS platform. The blocked amount will be unblocked automatically. |
| Your UPI mandate wasn’t approved | Your application would be invalid—no allotment will be processed. |
| You applied through ASBA (Net Banking) | Use your bank or the registrar website to track the status. FYERS won’t reflect it if not done through its IPO portal. |
| You got partial allotment | Allotted shares will reflect in your Demat, and the remaining blocked funds will be released. |
Last updated: 11 Jun 2025
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