Blog

Why I am not getting any IPO allotment?

Why I am not getting any IPO allotment?

There can be 2 reasons for non-allotment of shares in an IPO. These 2 reasons have been mentioned below i.e. Your bid was not considered as valid i.e. invalid PAN No. or invalid demat account number or multiple applications submitted from the same name.

Is IPO allotted to all the applicants?

The minimum lot will be distributed amongst all applicants and the remaining shares will be assigned proportionally to the investors who have bid for more than one lot.

How do you check if IPO is allotted or not?

Here is how to CE Info Systems or MapmyIndia IPO allotment status on stock exchange website:

  1. Go to the BSE website or NSE website here.
  2. On BSE, Select ‘Equity’ and then from the dropdown, select ‘CE Info Systems or MapmyIndia’.
  3. Now, enter your application number and PAN.
  4. Click on ‘Search’.
READ ALSO:   How do I disable vivo inbuilt apps?

How do you know if an IPO application is rejected?

If the Registrar of the IPO deems an application invalid, then it is rejected and the investor does not receive any allotment….Invalid Application

  1. The company receiving multiple IPO applications using the same PAN number.
  2. Incorrect or invalid information filled on the IPO application form.

What is the trick to get IPO?

Fill the details properly The most secure way to apply for the IPO is through ASBA. One can go with ASBA via their bank but the investor needs to check the details before applying the same. It will surely avoid technical rejection.

How do I know if IPO is allotted or not in ICICIdirect?

You can check the IPO Allotment Status on ICICI direct website. Please follow the steps below: Go to http://www.ICICIdirect.com….ICICI Direct IPO Allotment Status

  1. Trade & Invest >> IPO >> History >> Order Book.
  2. Enter the form date, to data and status (say Executed). Click ‘View’ button.
  3. Find the IPO Allotment Status.