Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more

After an Indian IPO bid is submitted, the application is checked and the money is normally blocked in your bank account rather than paid away immediately. Once the issue closes, the registrar prepares the category-wise allotment, the amount for any shares allocated is debited, and the rest is unblocked. Allotted shares are credited to your demat account for trading on the scheduled listing date.

That process does not guarantee a profit. A listing gain exists only if the first traded price is above the offer price; allotment and a positive return are separate outcomes.

What happens immediately after you submit an IPO application?

Your application enters two linked processes: bid validation and payment authorization. The exact screens differ by bank, broker, exchange and issue, but the regulated sequence is broadly the same.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

1. The bid and payment details are checked

For an ASBA application, your bank verifies the form and places a hold for the application amount in the linked account. NSE describes the bank as accepting and checking the application, blocking the bid amount and later transferring only the amount due for allotted shares after the basis of allotment is finalized. The process is outlined in NSE’s ASBA procedure.

#1 Best Overall
Sale
Compressed Air Duster,130000RPM Super Power Cordless Air Duster,Rechargeable Brushless Blower,3 Gear Adjustable Blower with LED Light,Dust Remover for Computer/House/Outdoor/Car
  • Powerful Turbo Fan:CAGIWIRU Electric Air Duster have reached speed up to 130000RPM,Can efficient remove dust and debris.With LED light and Three Adjustable Speed to meet with different cleaning tasks.
  • With Attached USB C Fasting Charging cable.Charing 3 hours,Enjoy up to 240 minutes of use on the lowest setting, For third speed can use for 25mins.with four charging options to meet with your needs.
  • Wide Application: attached 5 different nozzles,making it suitable for a variety of scenes, such as car,pet, pc, keyboards, and other electronic devices. It also serves for office and home clean duster.
  • Handy Design & Portable:Cordless air duster electric nozzle is Light weight and small size, design and comfortable to hold and space saving, convenient to carry around. You can put it in your room or inside the car without taking up space.
  • Economical &Reusable: Built durable materials with a long-lasting battery,our CAGIWIRU air duster it's a sustainable alternative to disposable air cans.

For a UPI application, you enter your own UPI ID with the bid. The sponsor bank sends a mandate request, which you must approve in your UPI app. SEBI’s investor guidance says the UPI ID must be linked to the applicant’s own bank account; a third-party UPI ID or bank account is not considered for allocation. The same guidance states a ₹5 lakh per-transaction limit for retail individual investors on the page consulted. Limits and eligibility can change, so check the current SEBI guidance and the particular issue instructions before relying on that figure.

2. A successful mandate is part of a valid UPI bid

Submitting the form alone is not enough when UPI is used. The mandate must be accepted within the permitted period and show a confirmed block status. A rejected, expired or unapproved mandate can leave the bid invalid even if the application screen appeared to submit successfully. Keep the UPI reference and application number until the allotment and fund-release stages are complete.

How the registrar decides allotment

After the issue closes, exchange and intermediary records are reconciled and valid bids are sent to the registrar. The registrar prepares the basis of allotment using the investor category, the issue’s offer documents and applicable rules. The method is therefore issue-specific.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Do not assume every oversubscribed IPO uses one identical lottery. Retail, non-institutional and other categories can have different rules, minimum application lots and allocation treatment. Applying for more lots does not automatically establish a better chance for an individual applicant; any conclusion about probability must come from the particular issue’s rules and demand data.

Rank #2
EVEO® Screen Cleaner Spray Kit (Streak-Free) TV Screen Cleaner for Smart TV, Lcd, LEd, Oled | Computer Screen Cleaner Spray and Wipe Microfiber Cloth - TV, Monitor, Laptop, iPad, Car - 6.7oz 1 Pack
  • Screen Cleaner is Your Screen’s New Bestfriend! - EVEO is proud to present a screen cleaner that’s perfectly suited for your TV. Meet your new screen cleaner, computer screen cleaner, laptop cleaner, iPad cleaner, Macbook,tv cleaner or any other electronic device. Our screen cleaner spray and wipe along with the included plush microfiber cloth, easily removes dust, fingerprints & other smudges on the screen’s surface. Clean effectively for a streak-free screen
  • Gentle on your Screens - Our screen cleaner spray and wipes is compatible to be used even for the most sensitive LCD, LED, CRT, and OLED screens in proper use. Be at ease knowing that this product is compatible with all the major brands: LG, SONY, Samsung, Sharp, iPad, iPhone, Android screens, Kindle, PC monitors - we’ve got you covered! Can be used as LCD screen cleaner, tv cleaner, smart tv screen cleaner, and more
  • Premium Super Soft Plush Microfiber Cloth - Included in this efficient screen cleaning kit. This screen cleaner spray and wipe has our signature plush microfiber cloth specially designed to comply with screens and monitors and leave them streak-free. Has been shown to effectively absorbs stubborn stains, zero streaks, and no fiber shedding. Always use this together with our screen cleaner for the best results
  • Easy-to-Use Screen Cleaner Kit + microfiber cleaning cloth - The EVEO Screen Cleaning Kit will easily be your new favorite tool when it comes to taking care of the things you love most, quick and easy solution for a streak-free screen. Simply screw on the sprayer gun on the screen cleaner bottle. Spray the cleaning liquid onto the microfiber cloth, then wipe the screen until desired cleanliness & shine is achieved.
  • Quality Screen Care Kit Worth Purchasing - Enjoy a convenient Screen Cleaner anytime, anywhere you need it. Your satisfaction is our top priority. We stand behind the quality of our products and that’s why, you shouldn’t be worrying at all. We manufacture the Best Screen Cleaner. and can be used for laptop cleaning kit, laptop screen cleaner, tv screen cleaner for smart tv. MacBook screen cleaner, monitor cleaner or screen cleaner spray for electronic devices with microfiber cleaning cloth

The issue’s offer document and official notices are the controlling sources for the basis. NSE’s e-IPO FAQ explains that post-bid information goes to the registrar for further processing and directs investors to the registrar for allotment-related details.

What happens to the blocked money?

Full allotment

If all the shares covered by your valid application are allocated, the amount corresponding to those shares is debited from the blocked funds. The shares are then credited to the demat account identified in the application.

Partial allotment

If only part of the requested quantity is allocated, the amount for the allocated shares is collected. The unused balance is released. You should see a debit that matches the allocated quantity rather than the entire original application amount.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

No allotment

If no shares are allocated, the ASBA block or UPI mandate is released. In the normal process, your money was never transferred to the issuer as a completed payment, so this is an unblocking rather than a conventional cash refund.

Rank #3
Sale
BladeHawks RGB Gaming Mouse Pad Extra Large Extended 31.5x12 Inch-Black | LED mouse pad with 14 lighting modes, covers keyboard & mouse, anti-slip rubber base, waterproof surface, USB powered
  • 【Large size】:Measuring 800 x 300 mm/ 31. 5×12 inches, which is wider and taller than others. Large mouse pad can perfectly fit your keyboard and mouse of any size, and there is also ample space for peripherals such as phones, tablets, etc.
  • 【LED backlight mouse pad】:Blade Hawks RGB mouse pad provides 7 static modes and 7 dynamic modes will give you the options you are looking for. Power-off memory function remembers the last lighting mode you selected. The super glow fiber Chroma will give you a colorful gaming setup that you want.
  • 【Anti-slip rubber base】:Made from Natural rubber, this gaming mousepad will firmly grip your desktop, allowing you to enjoy the ultimate precision in the games you are most passionate about. It also comes with a texture that enhances this ability even further.
  • 【Smooth and waterproof surface】: Micro-textured cloth surface, for extremely precise mouse control and a smooth movement. When liquid splashes on the gaming mouse pad, it forms water droplets and slides down. Will not delay your work or gameplay.
  • 【Plug and play】: This mouse and keyboard pad is powered by USB, plug and play, no driver required. One button control light modes. Press one time to change the lighting mode, press twice to change the brightness, press and hold about 3 seconds turn ON/OFF.

SEBI’s ASBA investor guidance states: Blocked amount continues to earn interest and there is no requirement of refund in case of non-allotment. Read the full explanation at SEBI’s ASBA guidance. The practical wording to look for in bank and UPI records is “funds unblocked” or “mandate released,” not necessarily “refund processed.”

ASBA and UPI: what is different?

Both channels are payment mechanisms inside the IPO process. Neither is intended to improve your allocation odds. Their operational differences are useful when diagnosing a missing mandate, debit or release.

Point ASBA UPI
Where the bid is submitted Through a bank or designated ASBA intermediary using the issue application channel Through an intermediary that accepts UPI bids, with your UPI ID supplied in the application
How funds are held The bank places a block in the specified account You approve a UPI mandate that blocks the amount in the linked bank account
Account ownership Use the account and details permitted by the bank and issue rules SEBI guidance requires the UPI ID and bank account to belong to the applicant; third-party details are not considered
Retail UPI limit Not a UPI transaction SEBI’s investor page consulted states ₹5 lakh per transaction for retail individual investors; verify the current rule
Where to verify status Bank/intermediary records, exchange information and the issue registrar UPI app mandate status, bank records, exchange information and the issue registrar
After allocation Allotted amount is transferred; balance is unblocked Allotted amount is debited; excess or unsuccessful amount is unblocked

When and where can you check IPO allotment status?

Use the official registrar channel named for that issue first. The registrar’s status page normally asks for details such as PAN, application number or demat-account information. Use the issue’s own notice or offer document to identify the correct registrar and avoid look-alike pages.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
  1. Find the registrar named in the IPO offer documents or exchange issue information.
  2. Open that registrar’s official allotment-status page after the announced allotment date.
  3. Enter the requested PAN, application number or demat details exactly as submitted.
  4. Save the result showing the allotted quantity, if any, and compare it with the debit or release shown by your bank or UPI app.
  5. If the registrar page has no record, check that the bid was valid and that any UPI mandate was accepted; then use the official support contacts in the issue documents.

NSE’s FAQ directs investors to the registrar for allotment-related information. It also describes a bid-verification module whose data is available six days after issue closure. That note concerns the NSE module and should not be treated as a universal waiting period for every registrar or status service.

Rank #4
Sale
Vaydeer Wrist Rest for Keyboard and Mouse, Computer Ergonomic Wrist Support Pad, Soft Memory Foam Arm Cushion for Desk, Palm Hand Office Laptop Typing
  • 【Softer and More Comfortable】Vaydeer wrist rest has unique diamond pattern, which is the combination of softness and aesthetics. The materials of wrist rest are improved into higher quality memory foam and covered with silky smooth lycra. The computer wrist rest makes you as comfortable and cushiony as like rest your wrists on clouds.
  • 【Ergonomic Wrist Saver】The wrist rests for keyboard and mouse comes with a 17.32×3.15×0.83 inch keyboard wrist pad and a 5.94×3.15×0.83 inch mouse wrist support. Based on ergonomic design, the unique concave shape is the perfect fit for your wrist joints. The wrist rest pad fits most computer keyboards and laptops, improve hand and wrist posture, release your wrist and arm stress.
  • 【Non-Slip Rubber Bottom】Featuring an anti-skid silicone base on the bottom, this wrist keyboard support stays firmly in place on your desk, preventing the padding from sliding around, ensuring stable and consistent wrist support during extended computer sessions.
  • 【Better Experience & Pain Relief】Our keyboard arm rest is beneficial to alleviate the soreness caused by direct contact and friction between your arm and a hard desk surface, reducing the risk of wrist fatigue or carpal tunnel. The soft texture of memory foam can evenly distribute the pressure around your wrists and provide good support with just enough give.
  • 【Helpful in Multiple Scenarios】Whether you're working, studying, writing, typing, gaming, this keyboard and mouse rest combo is an essential accessory to add comfort and support to your hands and wrists. It’s also a great gift for men, women, family, friend, coworker, gamer, teacher, etc.

You can also review the bid information through the exchange or the intermediary used to apply. A broker notification is useful, but it is not a substitute for the registrar’s official allotment result.

How the dates fit together

Individual issues publish their own timetable for closure, basis of allotment, fund release, demat credit and listing. Use that timetable for exact dates. A general framework helps explain the order but cannot tell you the hour at which a particular bank app will refresh.

Stage What normally occurs What you should verify
Bid period closes New bids stop and records are reconciled Application number and, for UPI, confirmed mandate status
Basis of allotment Registrar applies the issue’s category-specific rules Official registrar result and allotted quantity
Funds action Allotted amount is debited; the remainder or full block for an unsuccessful bid is released Bank ledger, available balance and UPI mandate status
Demat credit Allocated shares are credited to the demat account Depository or broker holdings after the announced credit date
Listing Shares begin trading on the scheduled exchange date Exchange listing notice and the first traded price

A SEBI-hosted 2025 issue-procedure document says T+3 working days from issue closure to listing became mandatory for public issues opening on or after December 1, 2023, subject to later SEBI circulars or clarifications. T+3 is a framework, not a replacement for the timetable of your specific IPO. See the document at SEBI’s issue-procedure material.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What is a listing gain?

A listing gain is a positive difference between the IPO offer price and the price at which the shares first trade on the exchange. For example, if the offer price is ₹100 and the first traded price is ₹118, the difference is ₹18 per share before brokerage, taxes and other charges. If the first trade is ₹100, there is no listing gain; if it is ₹92, the initial price difference is negative.

Best Value
Sale
Under Desk Cable Management Tray No Drill, Metal Mesh Cable Management Under Desk with Clamp Mount, 2 Hole Cable Tray with Wire Management and Cord Organizer for Home Office Standing Desk
  • 【No Drill Mounted】Cable management tray can be assembled in as little as 3 minutes or less-simply. Side clips easily clampe the edge of desk, pass through the holes on the sides, and secure excess cables with baskets. Desk cable management supports inward or outward installation to meet your needs in different scenarios, and provides you with great convenience when collecting and organizing wires.
  • 【Rubber Pad Protects Desk】Wire organizer under desk built-in soft rubber pads on the clamp protect your desk from scratches, so you will not damage your furniture or office.
  • 【Sturdy and Beautiful】Cord management under desk is made of high-quality carbon steel and holds about 15 lbs. The wire basket has 2 holes on each side of the tray to enable your cables to pass freely. Cable baskets are suitable for desk thickness use from 0.4" to 2.4".
  • 【Space Saving & Keep Organized】Desk cable management tray holds all your power cords, outlet strips, USB hubs and computer transformers hidden from your feet, and the data cables will not enter the vacuum cleaner to keep your desk clean and tidy. Desk wire organizer is also suitable for use in the kitchen and outdoors.
  • 【Reduce Safety Risks】Cable tray under desk keeps all plugs away from your kids, no more worry about tripping. Using 2 holes wire tray saves extra space, helps you easily cabling and wire protection. The mesh design is not easy to accumulate dust, but avoids safety accidents caused by messy wires.

Allotment only tells you how many shares were allocated. It says nothing about the opening price. Market demand, the broader market, company-specific news, order-book conditions and trading limits can all affect the first price. Grey-market indications, social-media predictions and informal “expected listing” figures are not guarantees and should not be treated as official price commitments.

The official procedural material establishes how applications, allotment and listing are handled; it does not establish a universal average listing gain, a typical allotment probability or a guaranteed return. Do not add an unsourced average or probability to your decision.

What if the outcome is missing or appears wrong?

UPI mandate still shows pending

  • Open the UPI app used for the application and check whether the mandate was approved, rejected or expired.
  • Confirm that the UPI ID belongs to the applicant and is linked to the intended bank account.
  • Compare the application deadline and mandate-approval deadline in the issue instructions. If the mandate was not accepted in time, ask the intermediary whether the bid was valid.

The block remains after the stated release date

  • Check the issue timetable first; banks can update available balance and transaction history at different times.
  • Ask the bank or UPI provider to trace the mandate using its reference number.
  • Contact the registrar or other official intermediary listed in the offer documents if the bank confirms that no release instruction is pending.
  • Do not assume that a debit alert proves allotment. Confirm allocation on the registrar’s official status page.

Shares were allotted but are not visible

  • Verify the demat account number and PAN used in the application.
  • Check the announced demat-credit date and refresh the depository or broker holdings after that date.
  • If the credit is still absent, contact the registrar, depository participant or broker using the issue’s official support details.

The registrar page shows no application

Recheck the selected issue, PAN and application number, then compare the result with your exchange or intermediary bid record. If the bid was submitted through UPI, confirm that the mandate reached a confirmed state. Escalate with screenshots, the application reference and payment-mandate details rather than submitting a second application.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

What happens if you receive no allotment?

No allotment means the registrar did not allocate shares to that application under the issue’s rules. The normal financial consequence is release of the ASBA block or UPI mandate; there is no need to file a separate refund request for a standard unsuccessful application. The release can be partial when some shares were allocated, so reconcile the amount with the quantity shown in the allotment result.

After the funds are available, you can decide independently whether to seek exposure in the secondary market. Buying after listing is a new market transaction at the prevailing price, not a continuation of the IPO application, and it carries the risks of that market price.

A practical post-application checklist

  • Keep the IPO application number, PAN, demat details and UPI mandate reference.
  • Confirm that the bank block or UPI mandate appears for the correct amount.
  • For UPI, verify that the mandate is approved before the issue’s deadline.
  • Record the published dates for basis of allotment, fund release, demat credit and listing.
  • Check the registrar’s official result rather than relying only on a broker notification.
  • Match the allotted quantity to the eventual debit and check that any balance is unblocked.
  • On listing day, distinguish the offer price from the first traded price before calling the result a gain.

Bottom line

An IPO application normally leaves your money blocked while the bid is processed. The registrar’s issue-specific basis determines whether you receive shares; the allotted amount is then debited and the unused amount is released. Check the registrar and the published timetable for authoritative status, and treat any listing return as uncertain until the shares actually trade.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.