Saatvik Green Energy Ltd., a growing company in India`s renewable energy field, recently started offering its shares to the public through an IPO. The company offers eco-friendly solar energy solutions. As more people want clean energy and India is working to increase its renewable energy use, Saatvik Green Energy`s IPO became very popular.
The IPO was open from September 19, 2025, to September 23, 2025. Investors could buy shares during this time. Because the company is focused on clean energy, the IPO drew attention from both regular investors and big companies. But how can you find out if you got your share allotment?
Understanding the Allotment Process
Before we jump into how to check the allotment status, it`s essential to understand how the allotment process works.
- Subscription Numbers: When a company starts an IPO, only a certain number of shares are made available. Usually, more people apply for these shares than there are shares to give out. Because of this, the company uses a lottery system to decide who gets the shares.
- Lot Size: The allotment is made in groups called lots. Each lot has a set number of shares. For example, with Saatvik Green Energy, if the lot size is 10 shares, you must apply for shares in groups of 10.
- Over-Subscription: If an IPO is oversubscribed, which usually happens with popular IPOs, the chance of getting shares is lower. For instance, if an IPO is subscribed five times, only one out of every five people who applied will get the shares.
- Basis of Allotment: After the IPO ends, the company and the registrar, which is usually a separate company, team up to figure out how many shares each person gets. They do this by holding a random draw, where the chance of getting shares depends on how many shares you asked for and the total number of people who applied.
How to Check Saatvik Green Energy IPO Allotment Status
If you`re really hoping to find out if you`ve been given shares in the Saatvik Green Energy IPO, here`s a clear way to check your IPO allotment status.
1. Check the Bidding Details
- Bidding Application Number: This is the number you received when you successfully applied for the IPO.
- PAN Number: This is another key detail used for tracking.
2. Visit the Registrar`s Website
The person in charge of the Saatvik Green Energy IPO is the registrar, and they take care of the process for allocating shares. To check if you`ve been given shares, you can look at the official website of the registrar.
The registrar for the Saatvik Green Energy IPO. Go to their website and find the link for checking the IPO allotment status.
3. Steps to Check the Allotment Status
- Go to the registrar`s website.
- Look for the "IPO Allotment Status" section.
- Select the "Saatvik Green Energy IPO" from the list of active or closed IPOs.
- Enter your Application Number and PAN Number.
- Click on "Submit" to view your status.
You will either see a message saying that shares have been allotted to you or that you were not allotted any shares.
4. Check via Your Broker`s Website
If you applied for the IPO through an online broker or trading platform such as Zerodha, Upstox, or Groww, you can check your allotment status directly on their website. These platforms typically let you know if you have been given shares once the IPO allotment process is completed.
Here`s how to do it:
- Log in to your Trading Account: Visit your broker`s website or app.
- Go to IPO Section: Navigate to the IPO section in your dashboard.
- View Allotment Status: Find the option to check the IPO allotment status.
5. Check via BSE/NSE
You can also check your allotment status by visiting the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE). Both of these exchanges will show the allotment status for each IPO after the allotment process is done.
1. Visit the BSE or NSE IPO page:
- BSE: https://www.bseindia.com/investors/appli_check.aspx
- NSE: https://www.nseindia.com/investments/ipostatus
2. Enter Your Application Details: You`ll need your Application Number and PAN Number.
3. Check Status: After entering the details, click “Submit” to view your status.
What Happens After the Allotment?
If you are lucky enough to get shares allotted, congratulations! Here`s what will happen next:
- Refunds for Unsuccessful Applicants: If you didn`t get an allotment, the money that was held for your IPO application will be returned to you, typically within 5 to 7 working days.
- Shares Are Credited to Your Demat Account: If you have been given shares, they will be added to your Demat account. Once this is done, you can either keep the shares or sell them in the secondary market, provided the stock is listed there.
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