The Initial Public Offering (IPO) market is an exciting avenue for investors to participate in the growth story of a company.

As investors eagerly await the opportunity to own a piece of the newly listed company, understanding the IPO allotment status becomes crucial.

Understanding the IPO Allotment Process

The IPO allotment process is the crucial step where shares of the newly listed company are allocated to successful bidders.

When a company decides to go public, it issues a fixed number of shares at a specific price. Interested investors place bids through their brokerage accounts or banks during the IPO subscription period.

These bids can be at the cutoff price or at a specific price within the IPO price band.

The IPO allotment process is conducted by the registrar to the issue, a financial institution responsible for processing and verifying applications.

Once the subscription period closes, the registrar collates all the bids and begins the allotment process.

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