The PNG IPO (Initial Public Offering) is an exciting investment opportunity for many. Once you have applied for the IPO, the next important step is to check the allotment status. This process determines if you have received the shares you applied for or not. It can be easily done online using a few simple steps. Here is a detailed guide on how to check the PNG IPO allotment status online.
Step-by-Step Guide to Check PNG IPO Allotment Status Online
There are two main methods to check the IPO allotment status online: through the official registrar’s website and the stock exchange website.
Method 1: Check on the Registrar’s Website
The registrar is responsible for managing the IPO process, including allotment. Here’s how you can check the allotment status:
- Visit the Registrar’s Website: The first step is to go to the official website of the IPO registrar, such as KFintech or Link Intime. You can find the registrar’s name and website on the IPO prospectus or announcement.
- Select the IPO: On the homepage of the registrar’s website, look for the section related to IPO allotment status. Select PNG IPO from the drop-down list of recent IPOs.
- Enter Details: You will need to provide some basic information to check the allotment status:
- PAN (Permanent Account Number)
- Application Number or DP Client ID
- Submit Information: After entering your details, click on the ‘Submit’ button.
- View Allotment Status: Once you submit the information, the system will display your allotment status. It will show whether you have been allotted shares or not.
Method 2: Check on the Stock Exchange Website
You can also check the allotment status on the BSE (Bombay Stock Exchange) or NSE (National Stock Exchange) website. Here’s how:
- Visit the Stock Exchange Website:
- For BSE: Go to https://www.bseindia.com/
- For NSE: Visit https://www.nseindia.com/
- Find the IPO Section: On the website’s homepage, find the section labeled ‘Equity’ or ‘IPO’.
- Select the IPO: Choose PNG IPO from the list of recently closed IPOs.
- Enter Your Details: You will need to provide your PAN number, application number, or DP Client ID.
- Submit Information: Click on the ‘Search’ or ‘Submit’ button to view the allotment status.
- Check Status: The website will display your allotment status. If you are allotted shares, it will show the number of shares allotted to you.
What to Do After Checking Allotment Status?
- Allotted Shares: If you have received the shares, they will be credited to your Demat account within a few days. You can then trade them once the stock is listed on the stock exchange.
- Not Allotted: If you did not receive any shares, the amount you paid during the IPO application will be refunded to your bank account. This usually happens within a few working days after the allotment process.
Important Points to Remember
- Keep Details Handy: Always keep your PAN number, application number, and DP Client ID ready while checking the allotment status.
- Check All Sources: Sometimes, the registrar’s website might be slow due to high traffic. In such cases, try checking the stock exchange website.
- Allotment Dates: Be aware of the allotment dates mentioned in the IPO prospectus. The allotment status is typically available 2-3 days after the IPO closure date.
- Refund Process: If you don’t receive the allotment, the refund will be processed automatically. Make sure to check your bank account for any refunds if you are not allotted shares.
Conclusion
Checking the PNG IPO allotment status online is simple and straightforward. By following the steps above, you can easily find out whether you have received the shares. Always ensure to keep the required details ready and check both the registrar and stock exchange websites for accurate information. If you are allotted shares, you can look forward to trading them once the company is listed on the stock exchange.