What time does the IPO allotment result come out?
The allotment date tells you the day, but not the time. Many investors refresh the registrar's page all afternoon. Here is what to expect.
Usually evening or late night on allotment day
The allotment day is the working day after the IPO closes (T+1). The registrar first finalises the basis of allotment with the stock exchange and then publishes results. In practice results usually appear in the evening, and often late at night, sometimes close to midnight.
Bank SMS about the blocked amount being released or debited, and shares in your demat account the next day, can arrive before or after the registrar's page updates.
Why the time varies
Large, heavily oversubscribed IPOs take longer to process. Several IPOs closing together mean the same registrar has a busy evening. The registrar's site can also slow down or fail under load just when results are out.
If the result isn't there yet
Before results are published, a PAN search usually shows nothing or an error. That does not mean you were rejected. Check again later in the night or the next morning. If shares or a refund have reached you by then, the result is final.
Let IPO Khata wait for you
IPO Khata starts looking up allotment results on the evening of the allotment day and keeps checking. When your family's results are out, it emails who got shares and who didn't.
Related guides
- The IPO T+3 timeline: what happens on each day after closing
- How to check IPO allotment status
- How IPO allotment works
More on subscription, allotment and refunds
- What is IPO subscription (times subscribed)?
- IPO money still blocked? What to do
- How to improve your chances of an IPO allotment
- Why IPO applications get rejected
- What happens when an IPO is undersubscribed
- IPO shares not showing in your demat account
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Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.