{"id":6434,"date":"2024-10-28T05:54:39","date_gmt":"2024-10-28T05:54:39","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=6434"},"modified":"2025-08-11T06:12:28","modified_gmt":"2025-08-11T06:12:28","slug":"understanding-ipo-allotment-and-listing-process","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/understanding-ipo-allotment-and-listing-process\/","title":{"rendered":"Understanding IPO Allotment and listing Process: A Comprehensive Guide"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#key-players-in-ipo-allotment\">Key Players in IPO Allotment<\/a><\/li><li class=\"\"><a href=\"#ipo-allotment-by-investor-categories\">IPO Allotment by Investor Categories<\/a><\/li><li class=\"\"><a href=\"#1-retail-individual-investors-rii\">1. Retail Individual Investors (RII)<\/a><\/li><li class=\"\"><a href=\"#2-non-institutional-investors-nii\">2. Non-Institutional Investors (NII)<\/a><ul><\/ul><\/li><li class=\"\"><a href=\"#3-qualified-institutional-buyers-qib\">3. Qualified Institutional Buyers (QIB)<\/a><\/li><li class=\"\"><a href=\"#ipo-allotment-process-steps\">IPO Allotment Process Steps<\/a><\/li><li class=\"\"><a href=\"#example-to-illustrate-allotment-in-different-categories\">Example to Illustrate Allotment in Different Categories<\/a><\/li><li class=\"\"><a href=\"#retail-investor-example\">Retail Investor Example<\/a><\/li><li class=\"\"><a href=\"#tips-to-improve-your-ipo-allotment-chances\">Tips to Improve Your IPO Allotment Chances<\/a><\/li><li class=\"\"><a href=\"#ipo-listing-timelines-t-3\">IPO Listing Timelines (T+3)<\/a><\/li><li class=\"\"><a href=\"#breakdown-of-the-new-ipo-timeline\">Breakdown of the New IPO Timeline<\/a><\/li><li class=\"\"><a href=\"#example-of-the-new-timeline\">Example of the New Timeline<\/a><\/li><li class=\"\"><a href=\"#advantages-of-the-t-3-ipo-listing-process\">Advantages of the T+3 IPO Listing Process<\/a><\/li><li class=\"\"><a href=\"#conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>When a company goes public, it raises capital by selling shares to the general public through an <a href=\"https:\/\/navia.co.in\/ipo-account\">Initial Public Offering (IPO). <\/a>However, the allocation of these shares is crucial, especially when the demand exceeds the supply. This is where the IPO allotment process comes into play.<\/p>\n\n\n\n<p>In this blog, we\u2019ll explore how the IPO allotment process works, the different rules for allotment based on investor categories, and share examples to make it easier to understand.<\/p>\n\n\n\n<iframe class=\"custom-video\" src=\"https:\/\/www.youtube.com\/embed\/K_KaW7r_Ng8?si=3uTa7A56SfRAzvdC\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-99d5839b3098ceaa8500d94de96097e6\" id=\"key-players-in-ipo-allotment\" style=\"color:#023368\"><strong>Key Players in IPO Allotment<\/strong><\/h2>\n\n\n\n<p>\ud83d\udd36 <strong>Issuer Company<\/strong>: The company issuing shares.<\/p>\n\n\n\n<p>\ud83d\udd36 <strong>Registrar to the Issue<\/strong>: The firm responsible for managing the allotment process.<\/p>\n\n\n\n<p>\ud83d\udd36 <strong>Stock Exchange<\/strong>: Acts as an intermediary in the<a href=\"https:\/\/navia.co.in\/blog\/exploring-ipos-in-india-a-beginners-guide-to-investment\/\" data-type=\"post\" data-id=\"3560\"> IPO process<\/a>.<\/p>\n\n\n\n<p><strong>\ud83d\udd36 Investors<\/strong>: Individuals and institutional investors applying for shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-a50a672b7756a3a1dc8eb1a4a4eb50ea\" id=\"ipo-allotment-by-investor-categories\" style=\"color:#023368\"><strong>IPO Allotment by Investor Categories<\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-859b385381006c211586081a3334ddd0\" id=\"1-retail-individual-investors-rii\" style=\"color:#ec4d37\"><strong>1. Retail Individual Investors (RII)<\/strong><\/h2>\n\n\n\n<p>Retail investors are usually allotted shares in \u201clots.\u201d A lot refers to a group of shares, and each retail investor is entitled to at least one lot if their application is valid.<\/p>\n\n\n\n<p><strong>Example<\/strong>: A company offers <strong>5 lakh shares<\/strong> to retail investors, with each lot size being <strong>100 shares<\/strong>. This means the maximum number of retail investors who can be allotted shares is <strong>5000<\/strong> (5,00,000 \/ 100).<\/p>\n\n\n\n<p><strong>Oversubscription Scenario<\/strong>: If more applications are received than the available shares, the allotment is done via a <strong>lottery system<\/strong>, where each winning applicant is allotted one lot.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Retail Investor Allotment Example<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Number of Shares<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Lot Size<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Number of Retail Applicants<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Allotment Process<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>Total shares available<\/td><td>5,00,000<\/td><td>100<\/td><td>4500<\/td><td>Full allotment (100 shares each)<\/td><\/tr><tr><td>Total shares available<\/td><td>5,00,000<\/td><td>100<\/td><td>10000<\/td><td>Lottery system for oversubscription<\/td><\/tr><tr><td>Total shares available<\/td><td>5,00,000<\/td><td>100<\/td><td>5500<\/td><td>Proportionate allotment after one lot each<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-356598f1a808bfb1f27c586c3cf975d8\" id=\"2-non-institutional-investors-nii\" style=\"color:#ec4d37\"><strong>2. Non-Institutional Investors (NII)<\/strong><\/h2>\n\n\n\n<p>Non-Institutional Investors are categorized into <strong>Small NII<\/strong> (investment between \u20b92-10 lakhs) and <strong>Big NII<\/strong> (investment above \u20b910 lakhs). Shares reserved for NII are split into <strong>1\/3rd for Small NII<\/strong> and <strong>2\/3rd for Big NII<\/strong>.<\/p>\n\n\n\n<p>\ud83d\udd37 <strong>Small NII<\/strong>: Investors with applications between \u20b92-10 lakhs.<\/p>\n\n\n\n<p>\ud83d\udd37 <strong>Big NII<\/strong>: Investors with applications above \u20b910 lakhs.<\/p>\n\n\n\n<p>If the NII category is <strong>oversubscribed<\/strong>, the allotment happens proportionally based on the number of shares applied for.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">NII Allotment Example<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Category<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Reservation<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Total Shares Available<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>Small NII<\/td><td>\u20b92-10 lakhs<\/td><td>1\/3<sup>rd<\/sup> of the reservation for NII category<\/td><td>Proportionate allotment based on demand<\/td><\/tr><tr><td>Big NII<\/td><td>Above \u20b910 lakhs<\/td><td>2\/3<sup>rd<\/sup> of the reservation for NII category<\/td><td>Proportionate allotment based on demand<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"small-nii-and-big-nii-allotment-process\"><strong>Small NII and Big NII Allotment Process<\/strong><\/h3>\n\n\n\n<p><strong>Proportionate Basis Example:<\/strong> Suppose a Big NII applies for 20,000 shares, and the total available for Big NII is only 10,000 shares. The investor will receive <strong>half the shares<\/strong> they applied for, i.e., <strong>10,000 shares<\/strong>.<\/p>\n\n\n\n<p>The allocation between <strong>Small NII<\/strong> and <strong>Big NII<\/strong> is made separately, but both categories follow a <strong>proportionate allocation<\/strong> method when oversubscribed.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Small NII vs Big NII Example<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Total Shares Applied<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Over Subscription<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Shares Allotted<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Allotment Process<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>Small NII<\/td><td>25,000<\/td><td>1.66X<\/td><td>15,000<\/td><td>Proportionate to the application size<\/td><\/tr><tr><td>Big NII<\/td><td>40,000<\/td><td>2X<\/td><td>20,000<\/td><td>Proportionate to the application size<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-28c53a9ce36a782feaca9921de60cca5\" id=\"3-qualified-institutional-buyers-qib\" style=\"color:#ec4d37\"><strong>3. Qualified Institutional Buyers (QIB)<\/strong><\/h2>\n\n\n\n<p>The QIB category includes <a href=\"https:\/\/navia.co.in\/mutual-funds\">mutual funds<\/a>, financial institutions, and other large entities. In the event of oversubscription, shares are allotted on a <strong>proportionate basis<\/strong>.<\/p>\n\n\n\n<p><strong>Example:<\/strong> If a QIB applies for <strong>1,00,000 shares<\/strong> and the total available is only <strong>50,000 shares<\/strong>, the QIB will receive <strong>half the number of shares<\/strong> they applied for, i.e., 50,000 shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-9c0831294991aff5892451c1e5a3f782\" id=\"ipo-allotment-process-steps\" style=\"color:#023368\"><strong>IPO Allotment Process Steps<\/strong><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/navia.co.in\/blog\/investing-through-ipos-pros-cons\/\" data-type=\"post\" data-id=\"1613\">IPO allotment process<\/a> typically follows these steps:<\/p>\n\n\n\n<p><strong>1. Receiving and Validating Applications<\/strong>:<br>The registrar receives all applications and checks for any errors. Invalid applications are rejected.<\/p>\n\n\n\n<p><strong>2. Grouping Applications by Category<\/strong>:<br>Applications are grouped based on investor categories, i.e., RII, NII, QIB, etc.<\/p>\n\n\n\n<p><strong>3. Finalizing Basis of Allotment<\/strong>:<br>The registrar, in consultation with the stock exchange, finalizes the <strong>Basis of Allotment<\/strong> and proceeds with share distribution.<\/p>\n\n\n\n<p><strong>4. Communicating Allotment Status<\/strong>:<br>Investors receive email\/SMS notifications about their allotment status.<\/p>\n\n\n\n<p>5. <strong>Share Credit and Refunds<\/strong>:<br>Successful investors receive shares in their <a href=\"https:\/\/open.navia.co.in\/\">Demat accounts<\/a>, while others get refunds by unblocking their UPI block mandates.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color has-text-align-center wp-element-button\" href=\"https:\/\/navia.co.in\/app.html\" style=\"background-color:#ec4d37\">Get Navia App<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-4a366e55a6faf31ae306d7db4da9840e\" id=\"example-to-illustrate-allotment-in-different-categories\" style=\"color:#023368\"><strong>Example to Illustrate Allotment in Different Categories<\/strong><\/h2>\n\n\n\n<p>Let\u2019s consider an IPO where <strong>50 lakh shares<\/strong> are offered and divided among different categories:<\/p>\n\n\n\n<p>\ud83d\udd38<strong>Retail Investors (RII)<\/strong>: 35% of the issue, i.e., 17.5 lakh shares.<\/p>\n\n\n\n<p>\ud83d\udd38<strong>Non-Institutional Investors (NII)<\/strong>: 15% of the issue, i.e., 7.5 lakh shares.<\/p>\n\n\n\n<p>\ud83d\udd38<strong>Qualified Institutional Buyers (QIB)<\/strong>: 50% of the issue, i.e., 25 lakh shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-4b5680dbcf9ab6c86ac723296b2ab90d\" id=\"retail-investor-example\" style=\"color:#023368\"><strong>Retail Investor Example<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Category<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Shares Offered<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Applications Received<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Allotment Process<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>Retail (RII)<\/td><td>17.5 lakh<\/td><td>50 lakh<\/td><td>Lottery system due to oversubscription<\/td><\/tr><tr><td>Non-Institutional (NII)<\/td><td>7.5 lakh<\/td><td>10 lakh<\/td><td>Proportionate based on demand<\/td><\/tr><tr><td>Qualified Investors (QIB)<\/td><td>25 lakh<\/td><td>22 lakh<\/td><td>Full allotment as demand is lower than the offer<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>In the above example, retail investors will be allotted shares via a <strong>lottery system<\/strong>, and NIIs will receive shares based on the proportion of shares they applied for compared to the available shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-54b43b3e087dd2f9ab3590406812c309\" id=\"tips-to-improve-your-ipo-allotment-chances\" style=\"color:#023368\"><strong>Tips to Improve Your IPO Allotment Chances<\/strong><\/h2>\n\n\n\n<p>\ud83d\udd37 <strong>Apply in Multiple Accounts:<\/strong><br>Applying through multiple Demat accounts (family members) increases your chances.<\/p>\n\n\n\n<p>\ud83d\udd37 <strong>Ensure Correct Application Details:<\/strong><br>Double-check your PAN, bank, and Demat details to avoid technical rejections.<\/p>\n\n\n\n<p>\ud83d\udd37 <strong>Apply for Minimum Lots:<\/strong><br>Retail investors should apply for one lot to increase the likelihood of allotment in oversubscribed IPOs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-3d021471cd45d422188f7cf8cefcd130\" id=\"ipo-listing-timelines-t-3\" style=\"color:#023368\"><strong>IPO Listing Timelines (T+3)<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Step<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Action<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Timeline<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>T (IPO Subscription Closes)<\/td><td>IPO application process ends. Investors can no longer submit bids.<\/td><td>Day 0 (End of Subscription)<\/td><\/tr><tr><td>T+1 (Allotment Finalization)<\/td><td>The company and registrar finalize the Basis of Allotment by 6 PM.<\/td><td>T+1 Day<\/td><\/tr><tr><td>T+2 (Refund\/Unblocking)<\/td><td>Refunds are processed for unsuccessful applicants; ASBA amounts are unblocked.<\/td><td>T+2 Day<\/td><\/tr><tr><td>T+3 (Listing on Stock Exchange)<\/td><td>The IPO shares are listed, and trading begins on the stock exchanges (NSE, BSE).<\/td><td>T+3 Day<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-577da40c88ece6efa8e2d104ae84c957\" id=\"breakdown-of-the-new-ipo-timeline\" style=\"color:#023368\"><strong>Breakdown of the New IPO Timeline<\/strong><\/h2>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">1. Day 0 (T) \u2013 IPO Subscription Period Closes:<\/mark><br><\/strong>Once the IPO subscription window closes, no further applications are accepted. The registrar begins verifying the bids.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">2. Day 1 (T+1) \u2013 Finalization of Allotment:<\/mark><br><\/strong>The registrar, in coordination with the stock exchanges, finalizes the Basis of Allotment (BOA). This includes the verification of applications, validation of successful bids, and determination of the allocation based on demand. The allotment process is finalized by 6 PM on T+1 day.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">3. Day 2 (T+2) \u2013 Refund or ASBA Unblocking:<\/mark><br><\/strong>Refunds are initiated for investors who did not receive any allotment. If the application was made through ASBA (Application Supported by Blocked Amount), the amount is unblocked from the investor\u2019s bank account. Investors whose bids were unsuccessful will have the full amount refunded.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">4. Day 3 (T+3) \u2013 Listing of Shares on Stock Exchanges:<br><\/mark><\/strong>The IPO shares are credited to the Demat accounts of successful allottees. Trading of the shares begins on the stock exchanges (NSE, BSE) on T+3 day. The listing price will be determined based on market demand and supply.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-5bb7ab8b6499c441a9952d47ae1b4145\" id=\"example-of-the-new-timeline\" style=\"color:#023368\"><strong>Example of the New Timeline<\/strong><\/h2>\n\n\n\n<p>Assume an IPO closes on October 10th (Day 0). The new timeline would look like this:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Event<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Date<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>IPO Subscription Closes<\/td><td>October 10th<\/td><\/tr><tr><td>Allotment Finalization (T+1)<\/td><td>October 11th (by 6 PM)<\/td><\/tr><tr><td>Refunds\/Unblocking of Funds (T+2)<\/td><td>October 12th<\/td><\/tr><tr><td>Listing on Stock Exchanges (T+3)<\/td><td>October 13th<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/open.navia.co.in\/\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"149\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Open-Free-Demat-Account-1-1024x149.gif\" alt=\"IPO - demat account\" class=\"wp-image-4298\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Open-Free-Demat-Account-1-1024x149.gif 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Open-Free-Demat-Account-1-300x44.gif 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Open-Free-Demat-Account-1-150x22.gif 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/08\/Open-Free-Demat-Account-1-768x112.gif 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-ee4e10816a978857a54b2eec15e05aad\" id=\"advantages-of-the-t-3-ipo-listing-process\" style=\"color:#023368\"><strong>Advantages of the T+3 IPO Listing Process<\/strong><\/h2>\n\n\n\n<p>-&gt; <strong>Faster Refunds and Share Allotments:<br><\/strong>The T+3 process ensures that refunds are processed quicker and shares are credited to investors&#8217; Demat accounts in a shorter time frame, enhancing liquidity.<\/p>\n\n\n\n<p>-&gt; <strong>Quicker Listing:<br><\/strong>The T+3 listing timeline allows the shares to be traded sooner, providing early liquidity to both investors and companies.<\/p>\n\n\n\n<p><strong>-&gt; Improved Investor Experience:<br><\/strong>The shorter IPO process minimizes the waiting time for investors to find out their allotment status and <a href=\"https:\/\/navia.co.in\/\">start trading the shares<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-luminous-vivid-orange-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/www.youtube.com\/watch?v=f_YvN5gNaMw\">Watch video<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-d1dcf5c334b19aa210210450a6ed3606\" id=\"conclusion\" style=\"color:#023368\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>Understanding the <strong>IPO allotment and listing process<\/strong> is essential for any investor. Whether you\u2019re a retail investor, an NII, or a QIB, knowing how shares are distributed can help you strategize your applications better. The allotment process, while seemingly complicated, is designed to ensure fairness. Following best practices can increase your chances of receiving shares in highly sought-after IPOs.<\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We&#8217;d Love to Hear from you-<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\" style=\"background-color:#053f54\">Share a Feedback<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<p><strong>DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When a company goes public, it raises capital by selling shares to the general public through an Initial Public Offering (IPO). However, the allocation of these shares is crucial, especially when the demand exceeds the supply. This is where the IPO allotment process comes into play. In this blog, we\u2019ll explore how the IPO allotment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[205],"tags":[7,21,50,335,334,53,224,32],"class_list":["post-6434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-investments","tag-indian-stock-markets","tag-investments","tag-ipo","tag-ipo-listing","tag-ipo-process","tag-marketperformance","tag-navia-app","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2024\/10\/comprehensive-guide-1-1.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/6434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=6434"}],"version-history":[{"count":39,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/6434\/revisions"}],"predecessor-version":[{"id":12625,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/6434\/revisions\/12625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/6530"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=6434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=6434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=6434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}