What happens after an IPO closes?

After the IPO subscription period ends, the allotment process begins. Based on demand and availability, shares are allocated to investors. Refunds for non-allotted applications are processed shortly thereafter.

How can I check the IPO allotment status of a closed IPO?

You can check the allotment status on the stock exchange website, the registrar’s website, or your broker’s platform. You may also receive SMS or email notifications if your details are registered.

Can I still invest in an IPO after it closes?

No, once an IPO closes, you cannot apply for it. However, once listed, you can buy the shares through the stock exchange like any other listed stock.

How can I track the performance of these recently closed IPOs?

You can track performance using stock market apps, financial websites, or your brokerage platform. Look at listing day performance, price movement, and market sentiment.

What happens in case of non-allotment of shares for a Closed IPO?

If shares are not allotted, the blocked amount in your bank account is released (lien removed) and made available for use or reinvestment.

Can I withdraw or modify the submitted IPO allocation for a Closed IPO?

Once the IPO is closed, you cannot withdraw or modify your application. Changes can only be made during the IPO subscription period.

Closed IPO: Check the list of Recently Closed IPO

How to Apply for an IPO?

Unfortunately, you cannot invest in a closed IPO. Once the IPO subscription period ends, you cannot directly participate in the initial offering. However, once the IPO is listed on the stock exchange, you can buy shares in the open market just like any other publicly traded stock. You can also explore upcoming and open/ongoing IPOs on the Torus Digital app. If an IPO is currently open, you can apply for the same by following the simple steps below:

Step 1: Log in to the Torus Digital mobile app using your 4-digit MPIN or biometric authentication.
Step 2: Select ‘IPO’ from the ‘Our Products’ section or simply click on the IPO icon at the bottom right corner.
Step 3: Navigate to the ‘Open’ tab and select the IPO you wish to apply for from the list of available options.
Step 4: Click on the ‘Apply’ button and enter investor type, quantity, and price.
Step 5: Enter your UPI ID and tap on ‘Apply’ again to process the request. Complete the payment on your selected UPI platform.

Your application will be successfully submitted upon completion.

What does a Closed IPO mean?

A Closed IPO refers to an Initial Public Offer (IPO) that has completed its subscription period and is no longer available for investors to bid on. Once an IPO closes, the allocation process begins, and investors eagerly await the final allotment results. Checking the closed IPO list helps investors analyse past IPO performances and identify trends for future investment decisions. Tracking the latest closed IPO data can help investors gain insights into market trends and strategise their investments effectively. Whether an IPO closing today or recently, understanding the closing process can help investors make informed decisions about future IPOs.

How does a Closed IPO work?

When an IPO closes, the stock exchange and regulatory bodies begin the final processing of bids. Companies and their SEBI-registered intermediary brokers allocate shares based on investor categories and demand. The closed IPO list helps investors monitor previously available IPOs and assess market trends. Successful bidders will see their shares credited in their Demat accounts, while unsuccessful bidders get refunds directly into their bank accounts. Once an IPO closed today, the next focus shifts to listing day, where shares become available for trading on the stock exchange, influencing the latest closed IPO trends.

What is an IPO Refund?

An IPO refund refers to the return of funds that were blocked by the bank during the IPO application process. When you apply for an IPO using ASBA (Application Supported by Blocked Amount), the application amount remains on hold in your account. If your IPO application is not allotted any shares, the bank removes the lien on the blocked amount, making the funds available for withdrawal or investment in other opportunities.