Applying for an Initial Public Offering (IPO) is an exciting step for any investor. It enables you to purchase shares at a fixed “offering price” during a limited subscription period, before the stock begins trading on a stock exchange. This early entry can bring the benefits of potential listing gains, long-term value growth, and portfolio diversification.
Once you submit the IPO application, the real wait begins, i.e., finding out whether you have been allotted any shares. A mobile investing app makes the process faster, simpler, and more accessible. You can see your status, check refund timelines, and confirm share credits in just a few steps.
Steps to track IPO allotment status through an app
When the allotment date comes, the IPO app you used for applying sends a notification showing your allotment status. This quick alert removes the need to check websites or contact registrars. It saves time and gives you clarity by confirming whether you have received shares.
If you prefer to check manually, open your app and go to the IPO section. Then select “Your Orders.” The status will clearly mention “Not allotted” if you did not receive shares, or it will show the number of shares allotted to you. This method is especially useful if you miss the push notification or want to reconfirm the status.
Tips to get the most out of IPOs using an app
A reliable mobile app can help you do more than just apply for an IPO online. It can guide you through the process, keep you updated on every stage, and even prepare you for the next opportunity. Look at how to use it to your advantage:
- View full IPO details: Check all details about an upcoming IPO or ongoing ones. You can see issue size, price band, opening and closing dates, and minimum lot size in one place.
- Download RHP: Go through the Red Herring Prospectus (RHP) to understand the company’s business model, revenue sources, and risk factors.
- Pre-apply for convenience: Pre-applying for an IPO lets you submit your application before the official bidding window opens. Once bidding begins, you simply need to approve the UPI mandate. This prevents missed opportunities caused by last-minute issues.
- Track subscription data: Follow real-time subscription statuses for retail, High Net-Worth Individual (HNI), and institutional categories to gauge demand.
- Monitor carefully: Track live prices, volumes, and news alerts to decide whether to hold or sell.
A mobile investing app does more than assist with IPOs. It also offers features like live price alerts, daily stock recommendations, customised watchlists, advanced research tools, and timely market news updates. These tools simplify share market analysis and support informed investing.
Closing note
A mobile investing app does more than assist with IPOs. It also offers features like live price alerts, daily stock recommendations, customised watchlists, advanced research tools, and timely market news updates. These tools simplify share market analysis and support informed investing.
For a seamless IPO experience, choose MO Riise by Motilal Oswal. Backed by the legacy of a SEBI-registered public entity, MO Riise is trusted by more than 40 lakh users. You can apply for IPOs quickly using your UPI ID, view all IPOs (live, upcoming, and recently closed) in one place, and even pre-apply. You also get access to RHPs, research reports, FAQs, video tutorials, and 24/7 assistance.
Begin your IPO journey with MO Riise today!
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