How to Apply and Check the IPO Status- A Complete Guide 2025

Initial Public Offerings (IPOs) are crucial for companies looking to become part of the public markets in the fast-paced finance universe. IPOs allow development, expansion, and higher market visibility for most business owners and investors alike. If you are a knowledgeable investor, making an IPO investment can be a wise decision. However, not every fresh IPO presents a fantastic opportunity. It is essential to have complete insight into how IPO works and how to invest in IPO. If you plan to invest in upcoming IPOs in 2025 scroll down to where we present an overview of IPOs and their essential aspects. 

What is an IPO?

An initial Public Offering (IPO) is a process in which any private company with a large market size can go public by selling a portion of its stocks to potential investors. Becoming a publicly traded firm means going from being privately possessed. Companies often seek initial public offerings (IPOs) to raise funds for various purposes, including development, research, and debt repayment. Even more importantly, going public can provide liquidity to current shareholders while elevating a company’s reputation and standing in the industry.

The company releases a prospectus containing information about the first share sale that is accessible to the public, institutional investors, and high-net-worth individuals (HNIs).
Following the completion of the IPO, the company’s shares are listed and available for free exchange on the open market. The stock exchange imposes A minimum free float on shares, both in absolute terms and as a percentage of the entire share capital.

How do you apply for an IPO online and offline?

You can apply for an IPO offline or online. You must start the application procedure by sending a form to your IPO banker or stock broker if you want to apply for an IPO offline.

However, to apply for an IPO online, you must sign in using the trading interface your broker or banker supplied. Since your Demat Account updates most of your information automatically, the online technique is far easier to use than the offline one.

Applying for IPO through an Offline Broker-

• You must fill out the ASBA Application and provide complete KYC Details.
• The funds you have arranged to buy an IPO will be blocked and debited after shares are allotted.
• Applying for the IPO Online

Below are the steps to apply for an IPO through an online broker-

• If you have a Demat account, log in with your credentials. If not, register with all the details.
• Locate the IPO tab and check the current IPO section. Select the IPO you want to buy.
• Enter the number of stocks you want to bid on with the bid price. If you want to get the IPO allotment done, the best is to bid on the cut-off price.
• You can pay the allotment money through UPI or bank transfer into your demat account to get the bid approved.

How do you check the Application Status of the Purchased IPO?

There are different ways to check the application status of your purchased IPO. Some of these are-

• To find out the status of an IPO application, use the PAN number or IPO application number. Once the allotment is announced, the registrar’s website will provide the allotment status.
• You can use the broker’s trading interface or the stock exchange  BSE to verify the progress of your IPO application. You can also inquire about the progress with the bank or broker handling your IPO application.
• If you are checking through the registrar’s website, submit your PAN number, application number, or Demat number to know the status.

How to Check the Number of Subscribers?

In deciding the number of subscribers for an Initial Public Offering (IPO), the degree of investor premium and demand for the company’s shares is a Basic Factor. Commonly, this information is revealed by the underwriters and financial intermediaries undertaking the offering system. Besides press releases, financial news platforms, and regulatory filings, investors are granted admittance to subscription data using other channels.

You can even check the IPO Grey Market Premium (GMP), which shows the difference between the issue price of the IPO and the trading price. It indicates the market’s perception of the IPO. Strong demand for the IPO is marked by a positive GMP, which suggests that the shares are being traded at a price higher than the issue price. On the other hand, a negative GMP indicates poor demand since the shares are traded below the issue price.

How do you check the allotment status of an IPO?

You have finished an IPO investment and are, as of now, anticipating your allotment status. Confirming the status is a straightforward yet primary stage in the system. The allotment status of an Initial Public Offering (IPO) can be confirmed through the registrar’s website or the stock exchanges where the IPO is recorded. To get to the status of their allotments, investors are expected to visit the assigned website and be informed of their application subtleties, which might incorporate their PAN number, application number, or DP ID/Client ID.

It is reasonable to follow the allotment date of the IPO to check the status as soon as possible. Investors will want to decide the number of shares appointed to them based on the status arrangement. It is urgent to note that allotment depends upon many factors, such as regulatory guidelines and subscription levels.

Upcoming IPO: A Window of Opportunity

Keeping an eye on upcoming IPOs is a reasonable strategy for investors seeking new investment avenues. Companies planning to open up to the world generate significant buzz in the financial market as investors anticipate their presentation. Investors can utilize various resources to stay informed about upcoming IPOs, including economic news platforms, regulatory filings, and market research reports.

Additionally, stock exchanges and financial institutions often provide insights into upcoming IPOs through newsletters and announcements. Proactively identifying promising IPOs enables investors to lead careful research and make informed investment decisions. It’s essential to analyze factors such as the company’s business model, financial performance, industry trends, and market dynamics before considering investment.

SME IPO: Unveiling Opportunities in Small Cap Ventures

In addition to mainstream IPOs, Small and Medium Enterprises (SMEs) often settle on IPOs to fuel their development aspirations. SME IPOs are allotted by those businesses falling under a specific size category regarding assets, revenue, and employees.  SME IPOs allow investors to participate in the development trajectory of promising small-cap ventures.

The growing interest among investors in SMEs has recently caused these companies to release IPOs. The exchange boards and investors offer good support to SMEs in allotting IPOs. These SME IPOs might be necessary for the country’s development and for creating more job possibilities in India.

Difference between SME IPOs and Regular IPOs

Exciting IPOs of 2025: A Snapshot of New Opportunities

In the dynamic universe of investments, Initial Public Offerings (IPOs) stand out as remarkable opportunities for investors to partake in the development story of emerging companies. The year 2025 witnessed a whirlwind of IPOs, each offering a unique proposition and potential for development. Let’s delve into the vibrant landscape of IPOs that captivated investors’ attention:

1. Reliance Jio Platforms IPO: Powering India’s Digital Future: In 2025, Reliance Industries plans to list its telecom arm, Reliance Jio Platforms, on the Mumbai stock exchange in 2025. The IPO is anticipated to be one of India’s largest, with the company valued at over $100 billion. Key investors include KKR, General Atlantic, and the Abu Dhabi Investment Authority.
2. HDB Financial Services IPO: Expanding Access and Innovation: HDB Financial Services, a subsidiary of HDFC Bank, is reportedly preparing for an IPO in 2025. While specific details are limited, the offering is expected to raise approximately ₹12,500 crore to strengthen its NBFC operations.
3. Ather Energy IPO: Fueling a Sustainable Tomorrow: Ather Energy, an Indian electric two-wheeler manufacturer, launched its IPO on April 28, 2025, closing on April 30, 2025. The IPO comprised a fresh issue of ₹2,626 crore and an offer for sale of approximately 1.1 crore equity shares. The price band was set between ₹304 and ₹321 per share. The company plans to use the proceeds to establish a new manufacturing facility in Maharashtra, invest in R&D, repay certain borrowings, and for marketing initiatives.
4. Zepto IPO: Rewriting Online Retail: Zepto, a quick-commerce startup known for its 10-minute delivery model, is reportedly planning to raise over $1 billion through its IPO in 2025. The company aims to strengthen its logistics, add new categories, and expand into tier-2 and tier-3 cities.
5. PhonePe IPO: Redefining Digital Finance: PhonePe, India’s digital payments giant backed by Walmart, is preparing for its IPO with a targeted valuation of $15 billion. Despite efforts to diversify into financial services like credit, insurance, and stockbroking, the company remains heavily reliant on its core payments business. As the IPO approaches, questions remain about PhonePe’s ability to evolve into a comprehensive financial services platform.

Upcoming IPOs in 2025

Top Performing IPOs of 2024 and their current value

 List of 2022 IPOs and current value

Conclusion

For companies looking to take advantage of the numerous benefits that the public markets provide, initial public offerings (IPOs) represent a defining moment. The IPO narrative is a prime illustration of the entrepreneurial soul and determination that drives innovation and progress across diverse industries, transforming modest inceptions into enormous victories. Investors can navigate the dynamic financial markets with confidence and clarity by strongly understanding initial public offerings (IPOs) and staying current on significant changes. Whether you’re a growing entrepreneur or a seasoned investor, embrace the IPO voyage as a testament to ambition, resilience, and the quest for excellence.

FAQs on IPOs in India