What happens after an IPO bid is placed

Sat, 20 Jun 2026 00:00:00 +0000

After an IPO bid is placed, the application moves through a fixed sequence: a UPI mandate you approve, a lien placed on your bank account under ASBA , the bid forwarded to the exchange where it counts towards subscription, the basis of allotment finalised by the registrar , and then either a debit and demat credit if you are allotted or a release if you are not, ending in listing. The whole cycle runs to a SEBI-mandated T+3 timeline, three working days from the issue’s close to the start of trading. This article walks each stage so you can read your bank balance, your Kite bid card, and the allotment portals against where the application actually is.

IPO Lifecycle on WebNotes

What happens after an IPO bid is placed