How to check IPO allotment status via BSE and NSE

From WebNotes, a public knowledge base. Last updated . Reading time ~7 min. Level: Beginner.

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) both operate investor-facing portals where you can check your IPO allotment status. These portals receive the allotment feed from the registrar (typically KFin Technologies or Link Intime) and publish it within about an hour of the registrar’s basis of allotment publication. Using the exchange portals is a useful alternative when the registrar’s portal is overloaded on T+1 morning.

For the registrar-portal check (which is the authoritative source) see the registrar allotment guide. For the Zerodha Kite check see the Zerodha allotment guide.

When does allotment status become available on exchange portals

Under the SEBI T+3 regime (effective 1 December 2023):

  • T+0 (last day of bid window), the bid window closes at 5 PM IST.
  • T+1, the registrar finalises the basis of allotment and publishes it; typically available by midnight on T+1.
  • T+1 + 1 hour, the exchange portals update with the allotment status after receiving the registrar’s feed.

In practice, many registrars publish the basis of allotment by afternoon or evening on T+1, meaning exchange portals are often updated the same afternoon. The morning of T+1 is too early; if you check before the registrar has published, the exchange portal returns Allotment not finalised or No record found for this issue.

Checking on the BSE portal

Go to bseindia.com/investors/appli_check.aspx. This is the BSE’s investor application status check page. The page has been at this URL for many years; bookmark it for future checks.

Select issue type and issue

The page presents a two-step filter:

  1. Issue type: Select Equity for mainboard IPOs and most SME IPOs. (Fixed-price issues are also Equity; Rights issues have a separate filter.)
  2. Issue name: A dropdown lists all recent IPOs managed through BSE. Select the company name for the issue you applied for.

If the issue is not in the dropdown, either it has not yet been published (allotment not finalised) or the issue was listed only on NSE (not BSE). In that case, use the NSE portal.

Enter:

  • Application number, the number from your Zerodha bid confirmation email or Kite order history.
  • PAN, ten-character alphanumeric.

Click Search. The page returns the allotment status within a few seconds.

Read the allotment result

The BSE portal displays:

  • Allotted: N shares, you have been allotted N shares. Take a screenshot or note the allotment number.
  • Not Allotted, no shares allotted; lien released.
  • Application not found / No record found, the application number or PAN is incorrect, or the allotment file has not yet been published.

Checking on the NSE portal

Go to nseindia.com. The navigation path to the allotment portal changes periodically with site redesigns; as of mid-2026 the path is Products & Services → Equity → IPOs → Current Issues → Allotment Status, or search for IPO Allotment in the NSE site search. The direct URL for allotment status is published on the NSE’s IPO-specific page for each issue.

Select the issue and enter identifiers

Select the issue from the dropdown. Enter your PAN and application number. Click Submit or Search.

Read the allotment result

The NSE portal returns the same allotment information as the BSE and the registrar portals (they all consume the same registrar-generated allotment file). The result shows Allotted with the quantity or Not Allotted.

BSE vs NSE: which portal to use

For dual-listed mainboard IPOs, both portals return identical results. Use whichever loads faster, which varies by time of day. On T+1 morning, both portals may be slower than usual due to high concurrent traffic; trying both in alternation is a practical approach.

For single-exchange issues:

  • NSE Emerge SME issues, only the NSE portal returns results.
  • BSE SME issues, only the BSE portal returns results.

If you are unsure which exchange the issue is listed on, check the Zerodha bid card (the issue card on Bids → IPO shows the exchange) or the RHP.

When the exchange portals show conflicting results

Exchange portal results should be identical to the registrar’s portal. If they differ (for example, BSE shows Allotted but NSE shows Not Allotted, or exchange shows Allotted but registrar shows Not Allotted), treat the registrar’s portal as the authoritative source. The exchange portals may be lagging by an hour or more.

What can go wrong

  • BSE portal returns No record found for a dual-listed issue. Either the allotment file has not yet propagated, or you are searching by the wrong issue name. Cross-check with the NSE portal and the registrar.
  • Allotment result shows a quantity different from what you expected. For oversubscribed mainboard issues, retail allotment is typically one lot per allottee regardless of how many lots were applied for. For SME issues, allotment is proportionate and may be lower than applied.
  • Application number not found on exchange portal but found on registrar portal. The registrar feed to the exchange may be slightly delayed. Wait an hour and retry the exchange portal.

References

  1. SEBI Circular SEBI/HO/CFD/TPD1/CIR/P/2023/140 dated 9 August 2023, T+3 listing timeline.
  2. SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018, Regulation 62 (Basis of Allotment).
  3. BSE investor application check portal, https://www.bseindia.com/investors/appli_check.aspx.
  4. NSE IPO allotment portal, https://www.nseindia.com/products-services/equity-ipo-current-issues.

Reviewed and published by

WebNotes Editorial Team

The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

Last reviewed
Conflicts of interest
WebNotes is independent. No relationship with any broker, registrar or bank named in this article.