Before getting listed in the stock market, the company opens its IPO. After investing in this IPO, investors get shares allotted. Listing in the stock market takes place only after the shares are allotted. If more bids are placed than the IPO, then in such a situation, every investor cannot get an IPO allotted. In this situation, investors who are not allotted an IPO get their investment amount back i.e. they get a refund. Sometimes there is a delay in IPO refund.
Check IPO Refund Status
If you have also invested in an IPO and the IPO has not been allotted, then you should check the IPO status once to see if you have received a refund or not. If you have not received a refund, then we will tell you what you should do in such a situation.
Where can you check the IPO Refund Status?
If you have not received a refund for the IPO, then you do not need to panic. Many times the refund comes the next day of allotment. If the refund does not come even the next day, then in such a situation you can check the refund status by visiting the website of Bombay Stock Exchange or the official website of the registrar company of the IPO.
How to check on the BSE website
- First of all, you have to go to IPO Refund Status (https://www.bseindia.com/investors/appli_check.aspx) on the website of BSE.
- Here you go to the Status of Issue Application and select the option of equity.
- Now you have to select the name of the company.
- After this, you have to enter your application number or PAN card number.
- Now verify the I am not a robot box and click on search.
- After this, your status will be shown on the screen.
