Once you apply for an IPO, you can check your IPO allotment status available online within one week of the public issue closing date. Here's how to check the allotment status.

Step 1: Login to the Upstox app using your 6-digit PIN or biometrics.

Step 2: Click on the 'Discover' tab from the bottom navigation bar and then click on 'IPO'. 

Step 3: When clicked on ‘IPOs’, two categories will be as - Ongoing, My applications. So click on the ‘My applications’ tab here you will see your Allotment status i.e. received or not received. 

Step 4: To see the allotment click on ‘Status’ Here you will see the IPO journey.

Step 5: On successful allocation, the allotted shares will be credited into your Demat account on the next working day. On an unsuccessful allocation, your refund will be automatically processed within the next 10 days. 

Note: Certain banks may wait till the end date of the mandate to complete revocation. You may raise a request with your bank to release funds anytime post allotment date in case you have not received an allotment of shares.

Click here to explore the updated app.