Allotment
How Long IPO Allotment Takes
Timeline for IPO allotment, refund, demat credit and listing. Learn what happens after an IPO closes.
After an IPO closes, investors wait for allotment status, refund release, share credit and listing. The exact dates are given in the IPO timetable, so always use the official schedule for the specific issue.
Typical IPO post-close timeline
| Stage | What happens |
|---|---|
| Issue closes | Bidding window ends and applications are reconciled |
| Allotment | Registrar finalizes valid applications and share allocation |
| Refund/unblock | Funds are released for non-allotted investors |
| Demat credit | Shares are credited to successful applicants |
| Listing | Stock starts trading on the exchange |
Why status can be delayed
Registrar processing, bank delays, mandate issues or exchange holidays can affect visible status. Broker apps may update later than registrar pages, so check more than one source if you are unsure.
What investors should do
- Keep funds available until allotment is complete.
- Track registrar status using PAN, application number or demat details.
- Check demat holdings before listing day if allotted.
- Plan whether to sell on listing or hold before trading begins.
Frequently Asked Questions
How many days does IPO allotment take?
Under the current faster listing framework, allotment is generally finalized shortly after issue close, but investors should check the official IPO timetable for each issue.
When are IPO refunds released?
Refunds or UPI unblock usually start after allotment is finalized, subject to registrar and bank processing.