How many days it takes for IPO allotment?

The IPO allotment process typically takes 2 to 3 days after the IPO subscription period ends. Here's a general timeline:

• IPO Subscription Period: Usually lasts 2 to 3 days.
• Allotment Date: After the subscription period ends, the company and the registrar will process the applications and allocate shares. This process typically takes around 2 to 3 days.
• Refunds: If you are not allotted shares, the refund of the application amount will be credited to your bank account.
• Credit to Demat Account: If you are allotted shares, they will be credited to your demat account within a few days.