Canara Robeco IPO Allotment: Check Status Now

Investing in Initial Public Offerings (IPOs) can be an exciting opportunity to get in on the ground floor of a promising company. The Canara Robeco IPO, in particular, drew significant attention from investors keen on adding this asset management company to their portfolios. Now that the IPO is closed, the burning question on everyone’s mind is: "Did I get the allotment?" This article provides a comprehensive guide on how to check your canara robeco ipo allotment status.

Understanding IPO Allotment

Before diving into the process, it's crucial to understand how IPO allotments work. When an IPO is oversubscribed (meaning there are more applications than shares available), the allotment is typically done through a lottery system. SEBI (Securities and Exchange Board of India) has laid down guidelines to ensure a fair and transparent allotment process. This means that even if you applied, there's no guarantee you'll receive the shares. Factors like the subscription rate and the category you applied under (retail, institutional, etc.) influence your chances.

Methods to Check Your Canara Robeco IPO Allotment Status

There are primarily two ways to check your canara robeco ipo allotment status:

1. Through the Registrar's Website

The registrar is the entity responsible for managing the IPO process, including allotment and refunds. For the Canara Robeco IPO, the registrar's name will be mentioned in the IPO prospectus. Typically, it's either Link Intime India Private Ltd or Bigshare Services Pvt Ltd. Here’s how to check the status on the registrar's website:

1. Visit the Registrar's Website: Navigate to the official website of the registrar. Make sure you are visiting the correct website to avoid phishing attempts.
2. Select the IPO: Look for a section dedicated to IPO allotment status. You'll likely find a dropdown menu or a search bar where you can select "Canara Robeco IPO" from the list of IPOs.
3. Enter Your Details: You'll need to provide specific information to identify your application. This usually includes:
   • PAN (Permanent Account Number)
   • Application Number
   • DP ID/Client ID (for Demat account holders)
4. Submit and View Status: After entering the required details, click on the "Submit" button. Your allotment status will then be displayed on the screen. It will indicate whether you have been allotted shares or not.

Pro Tip: Keep your application number handy. It's usually mentioned in the email or physical application form you received when you applied for the IPO.

2. Through the BSE (Bombay Stock Exchange) Website

The BSE also provides a platform to check IPO allotment status. Here’s how:

1. Visit the BSE Website: Go to the official website of the Bombay Stock Exchange (BSE).
2. Navigate to IPO Allotment: Look for the "Investors" section and then find the "IPO Allotment" option. Alternatively, you can search directly for "IPO Allotment" on the BSE website.
3. Select Equity: Choose "Equity" from the issue type.
4. Select the IPO Name: Select "Canara Robeco IPO" from the dropdown menu.
5. Enter Your Details: Enter your application number and PAN.
6. Search and View Status: Click on the "Search" button. Your allotment status will be displayed, indicating whether you have been allotted shares or not.

Interpreting Your Allotment Status

Once you've checked your status, you might encounter one of the following scenarios:

• Allotted: Congratulations! You have been allotted the shares you applied for (or a portion thereof, depending on the category and subscription rate). The shares will be credited to your Demat account within a few