How To Check Data Patterns IPO Allotment Status

21 December 2021
3 min read
How To Check Data Patterns IPO Allotment Status
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The Data Patterns IPO is open for subscription between December 14 and December 16, 2021. The price band has been kept between Rs 555-585 per share with a minimum lot size of 25 shares.

The Data Patterns IPO allotment status will be finalised around December 21 (tentative).

Check Allotment Status

Here’s how you can check the allotment status:

1. Check Allotment Status on Groww

Once the allotment status is finalized, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:- 

Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.

Step 2: Click on IPOs. On the next page click on the ‘Status’ tab next to the Data Patterns IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.

Step 3: Next, you will be see your IPO application status in detail.

2. Check Allotment Status on Registrar’s Website

The registrar for this IPO is Link Intime India Private Limited.

  • The registrar for the IPO is Link Intime India Private Limited and the shares are proposed to be listed on the BSE and NSE.
  • After you land on the website’s homepage, click on public issues. You will see a drop-down that says ‘Select Company’.
  • From the drop-down menu, select ‘Data Patterns’. 
  • For identification, you can give your PAN number, application number, DP/client ID, account number/IFSC code.

3. Check Allotment Status on BSE

Step 1: Investors are required to follow this link to check their IPO allotment status on BSE: https://www.bseindia.com/investors/appli_check.aspx.

Step 2: You will then have to select the ‘Equity’ option and then from the dropdown, select issue name – ‘Data Patterns’

Step 3: You will have to enter your application number and PAN card number next.

Step 4: After completing all the above-mentioned steps click on the “Search” button.

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FAQs on Data Patterns IPO Allotment

  • What happens to the IPO amount in my bank account?

After applying for an IPO, the amount gets blocked for use from your account. Therefore, the money is still showing in your balance but is blocked for use. 

  • How are the Data Patterns shares being allotted?

If Data Patterns IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of oversubscription.

  • Will my money come back if I don’t get the Data Patterns IPO allotment?

If you don’t get the allotment in the Data Patterns IPO, the amount will be unblocked, and you will be able to use the amount in your bank account. 

  • When will the Data Patterns IPO get listed?

Data Patterns IPO shares will get listed on BSE and NSE on December 24, 2021. (tentative)

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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