How do you check your IPO allotment status using this step-by-step guide for beginners?

An Initial Public Offering (IPO) occurs when a company begins selling its stock to the general public for the first time. Investors apply for these shares during a fixed time period. The IPO allotment process starts after the issue closure. The process of IPO allotment determines your share allocation based on your application and the total demand for shares. The guide explains IPO allotment using…