IPO Allotment is a process where the “registrar to the offer” with the help of a lottery system finalize the process of allocating the IPO shares to the individual who have applied for IPO subscription. It a simple process of lottery where the owners of the shares are decided.

IPO allotment process takes place within 1 week on IPO release date for all Large Cap IPOs. For SME IPOs it takes time only in few cases wherein the subscription is not met upto a particular threshold or for few other reason. But in most of the cases, the allotment status are out within 1 week.