After the three day bidding process of the National Securities Depository (NSDL) IPO, investors are now waiting to see if the allotment bell rings in their favour. The IPO, which closed on August 1, received an strong response across all investor categories.
Following this, the allotment status is expected to be announced today, August 4.
Here’s your quick guide to checking your NSDL IPO allotment status online, where to find it, and the common mistakes to avoid during the process.
NSD allotment status check: Where and How
Once the allotment is finalised, you can check your status in two ways: via the registrar’s website (MUFG Intime India Private Ltd) or through the BSE website.
Here’s how to check:
Via MUFG Intime (Registrar)
- Visit MUFG Intime, the registrar website
- Go to the IPO Allotment section
- Select “NSDL” from the drop-down menu
- Choose between PAN, Application Number, or DP Client ID
- Enter your details correctly and submit
- Your allotment status will be displayed on the screen
Via BSE Website
- Head to BSE Website
- Select ‘Equity’ as the issue type
- Choose NSDL IPO from the list
- Enter your application number and PAN
- Verify the captcha and click Search
What if you are not allotted shares?
If you receive allotment, the shares will likely be credited to your Demat account by August 6 or 7. You will be able to view them in your broker app or NSDL portal.
If you do not get the allotment, your money will be automatically unblocked or refunded in the next 2-3 working days.
NSDL IPO: GMP update
While allotment is awaited, the latest grey market premium (GMP) is around Rs 120, suggesting a potential listing price of Rs 920 which is nearly 15% higher than the issue price of Rs 800.
However, it is important to note that GMP is unofficial and volatile, and does not guarantee listing day performance.
Mistakes to avoid while checking your IPO status
Many investors get frustrated when they cannot see their status right away. Here are common slip-ups you need to watch out for-
Entering the wrong PAN or application number: Double-check spelling and digits.
Trying too early: Sometimes, status updates take a few hours to reflect on the websites.
Confusing DP ID with PAN or other details: Make sure you enter the correct field.
If your status shows “No record found,” sometimes it might just not be updated yet.
NSDL IPO: A recap of the numbers
The Rs 4,011 crore IPO of NSDL received a strong response across all investor categories, with total bids crossing 144 crore shares against just 3.51 crore shares on offer. This translates into an overall subscription of 41 times. Among the bidders, Qualified Institutional Buyers (QIBs) led the charge with 103.97 times subscription, followed by Non-Institutional Investors (NIIs) at 34.98 times. Retail Individual Investors (RIIs) subscribed 7.73 times to their allotted portion.