Riise by Motilal Oswal: How to check IPO allotment status online

Applying for an IPO is only half the process. The real anticipation begins once the bidding closes. Every investor wants to know one thing, i.e., were the shares allotted or not? Instead of browsing several websites or waiting for scattered updates, MO Riise offers a direct and reliable way to check your IPO allotment status. Everything, from your IPO application details to allotment results, is clearly presented within your account. Backed by the trusted legacy of Motilal Oswal, a SEBI-registered public entity, more than 40 lakh investors already use the app.

Look at how to quickly check IPO allotment online using MO Riise and how it makes your IPO journey efficient and informed.

Checking IPO allotment status through MO Riise

First, log in to your demat account on MO Riise. Then, go to the section that displays your IPO applications. This area typically lists each IPO along with details like the application number, number of lots applied, and current status.

If shares are allotted, you will see the exact number, and they will show up in your demat account by the listing date. If you haven’t got any shares, you might see a message like ‘No allotment’ or ‘Pending.’ The amount blocked in your bank account will be released, usually within three to five working days.

IPO allotment status check via the registrar’s website

Every IPO has a registrar, such as KFin Technologies, that manages the allotment. Once you are on the registrar’s website:

  • Click on the IPO name from the list provided.
  • Select one of the following identification options:
  1. PAN
  2. Application number
  3. DP/client ID
  • Enter the captcha and submit the form.

The page will display whether shares have been allotted against your application.

Steps to check IPO allotment status on the BSE website

Go to the BSE website. After that:

  • Choose ‘Equity’ or ‘Debt’.
  • Click on the IPO name.
  • Enter your PAN or application number.
  • Complete the on-screen security check.
  • Tap on ‘Search’ to see your allotment result.

How MO Riise makes IPO investing simple and informed

Besides fast allotment status updates, MO Riise helps you make smart IPO decisions by offering the following features:

IPO details at your fingertips

In the IPO section of MO Riise, you will find four categorisations:

  • Current: Shows IPOs that are live for bidding, along with price bands, lot size, and cut-off data.
  • Upcoming: Lists issues opening soon. You can even pre-apply for an upcoming IPO to ensure timely submission of your application.
  • Recently closed: Lets you track bids already placed. This is helpful while waiting for allotment.
  • Listed: Gives access to companies that have listed recently, along with performance since debut.

For every IPO, crucial documents like the Red Herring Prospectus (RHP) and research are presented upfront. You don’t have to dig through multiple tabs or download bulky files. This layout saves time, lets you assess important details quickly, and helps you prepare your bidding approach well in advance.

Instant access to company financials

MO Riise highlights critical financial details for each IPO like:

  • Revenue trends over multiple years
  • Profit growth with comparisons
  • Net worth and total assets breakdown

These details help you judge stability, growth prospects, and associated risks before you decide to apply for an IPO.

Track subscription status 

MO Riise also shows the response an IPO is getting from investor categories like qualified institutional buyers, retail investors, and non-institutional participants. By understanding the market sentiment, you can analyse if an IPO is worth your consideration or if it’s better to wait.

Responsive customer support

Whether you have queries about IPO bidding, allotment, or technical issues, customer support is accessible 24/7. You can reach out through multiple channels, and responses are prompt and helpful.

To sum up

Checking IPO status online through MO Riise by Motilal Oswal is quick. From tracking your application to viewing allotted shares, everything is accessible within your account. Moreover, the app makes your IPO journey informed and hassle-free with features like real-time subscription updates, access to key financials, and organised IPO listings. By combining functionality with simplicity, MO Riise helps investors make better decisions with less effort.

Download MO Riise today to keep your IPO decisions timely and informed!

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