Basis of allotment
The basis of allotment is the method and final allocation of shares after the issue closes. Allotment depends on the issue structure, valid applications, demand and the final basis of allotment.
Checking your status
Use the registrar's official allotment page or the relevant exchange/issuer channel once the basis of allotment is finalised. Enter your details only on verified official websites.
If shares are not allotted
If no allotment is made or the allotment is lower than the bid amount, the relevant amount is unblocked in accordance with the process.
This article is for educational purposes only and is not investment advice. Investments in securities markets are subject to market risks.
