Updated on 07.01.2026 @ 10:52 PM
Investors who apply for IPOs often search for Link Intime IPO allotment status to know whether shares are allotted, when refunds are initiated, and when shares are credited to their Demat account. MUFG Intime India (formerly Link Intime) is one of India’s leading IPO registrars. This guide explains how to check MUFG IPO allotment status step-by-step, including refund timelines, Demat credit updates, SME IPO allotments, and common issues faced by investors.
Before allotment is finalised, many investors also track market demand indicators such as grey market trends, which are updated regularly in our IPO GMP hub.
MUFG Intime India is the trusted name in the registry business. It is among the top players in the IPO and corporate registry domain.
It was formerly known as Link Intime India, and because of this, many investors still look for Link Intime IPO allotment status.
The rebranding has just changed the name; however, all the services and processes, such as allotment checking, refund status, demat account credit status and listing status, remain the same.
This guide is intended for the following users:
- IPO applicants via ASBA or UPI
- Investors who want to check whether shares are allotted to them or not
- Investors are looking for when blocked funds are released or refunded.
- Share allottees seeking confirmation of shares credited to their Demat account.
- Investors who want to know when the shares are likely to be listed on the stock exchange.
- Any user willing to understand the Link Intime to MUFG Intime transition
The basis of allotment is finalised within 1-2 working days after the closing of the IPO, and thereafter, the IPO allotment is released. Once the IPO allotment is released, MUFG Intime India updates the allotment status.
You can also check the IPO allotment status at our hub page which lists all the registrar along with MUFG Intime. Also, the probability of allotment largely depends on how much an IPO is subscribed across retail, HNI, and QIB categories, which can be tracked through the IPO subscription status page.
The refund is initiated for the investors to whom shares are not allotted.
Before listing, the shares are credited to the Demat accounts of investors to whom shares are allotted.
How to Check MUFG IPO Allotment Status – Step-by-Step Guide
MUFG Intime India allows investors to track allotment status using PAN, Application Number, DP/Client ID or Account Number/IFSC.
Investors may use any of these methods depending on availability and ease of access to their details. Each method is explained in detail in the following sections.
Step 1: Go to the MUFG Intime India website
- Visit the website: https://in.mpms.mufg.com/
- Go to the Investor Services menu.
- Select Public Issues

Step 2: Select the IPO Name
On the public issues page, it is possible to track the application status. It starts with selecting the company for which the IPO is being applied for. There is a dropdown list mentioning all IPO names with finalised allotment. Investors should select the company name from the given list for which they are willing to check their application status.

Step 3: Select PAN
After selecting the company, the next step is to select the source of the investor’s details on the basis of which the allotment status will be generated.
In this case, the investor is required to check on PAN. Once PAN is checked, the field to enter the PAN number appears.

Step 4: Enter PAN number
Once the field to enter PAN appears, the investor is required to enter his/her a unique 10-digit PAN number issued by the Income Tax department.

Step 5: Click Submit
Once all the data is provided in the required fields, the submit button is clicked to get the allotment status.

Once the Submit button is pressed, the allotment result is displayed on the screen. The result shows the applicant’s name, the number of shares applied for and the number of shares allotted.
Hence, from this allotment status, the investors can determine whether shares have been allotted to them, and if so, the exact number of shares allotted.
Method 2: Check MUFG IPO Allotment Using Application Number
Only step 3 and step 4 will change with the change in methods used to check the IPO Allotment Status.
Step 3: Select Application Number
Many times, investors may not have their PAN readily available; in that case, they can quickly use the application number provided on the IPO application form to check the allotment.
It is also found on the acknowledgement slip received after applying for IPO.
Here, the investor has to check on Application Number. Once App. No. is checked, the field to enter the application number appears.
Common mistakes to be avoided:

Step 4: Enter Application number
Once the field to enter the Application number appears, the investor is required to enter his/her application number mentioned on the IPO application form.

Method 3: Check MUFG IPO Allotment Using DP/Client ID
The investor’s Demat account number is the combination of DP ID (Depository Participant ID) and Client ID.
DP ID is formed of 8 characters, is assigned to Depository Participant (DP), whereas Client ID is formed of an 8-digit numeric code assigned to each individual holding a demat account. Hence, the individual demat account is formed of 16 characters.
Where to Find DP ID & Client ID:
Step 3: Select DP/Client ID
Here, the investor has to select DP/Client ID. Once the DP/Client ID is checked, the field to enter DP/Client ID appears.

Step 4: Enter DP/Client ID
Once the field to enter DP/Client ID appears, the investor is required to enter his/her DP/Client ID.

Method 4: Check MUFG IPO Allotment Using Account Number / IFSC
When the investor does not have ready access to PAN, application number or Demat account number but has the bank details provided at the time of IPO application, then in that case, this method works.
However, it should be rechecked that the bank account number and IFSC inserted are same as the details provided at the time of IPO application.
Step 3: Select Account Number / IFSC
Here, the investor has to check on Account Number / IFSC. Once Account Number / IFSC is checked, two fields to enter bank account number and bank IFSC code appear.

Step 4: Enter Bank account number / IFSC code
Upon the appearance of the bank account number and IFSC fields, the investor should input the relevant details.

What to do if the result is not found?
How to Check MUFG IPO Refund Status
When refunds are initiated, and how to check?
IPO refunds are initiated within 1 working day, after allotment is out. It is processed for the investors who have not received full or partial allotment.
- The credit entries in the bank account should be checked for unblocking of funds by non-allottees. The blocked amount is released automatically when shares are not allotted.
- In case of non-allotment, the UPI mandate status will show as revoked or expired.
Typical refund timeline:
T+1 Day: Indicates initiation of refund after allotment finalization
T+2 Days: Indicates reflection of refund amount in the bank account and updating UPI mandate status.
Investors who receive refunds due to non-allotment may consider investing the amount systematically instead of keeping it idle. Long-term return potential can be estimated using a SIP calculator. Beginners looking to understand how SIPs and mutual funds work in detail can explore our mutual fund learning hub for structured learning.
How to Check IPO Shares in Demat Account
Generally, the allotted shares are credited to investors’ Demat account a day or two before the listing date.
Steps given below are followed to check IPO shares in different platforms:
- Open broker mobile applications or web-based trading platforms such as Zerodha, Groww, Angel One, Upstox, etc.
- Go to Holdings/Portfolio to verify if there exist the allotted shares to confirm the shares credit to the Demat account.
What to do if shares are not credited?
It is advisable to contact the broker’s support team to verify the Demat account details if allotted shares are not credited to the Demat account before the listing date. Alternatively, some investors use IPO refunds or listing gains to reduce high-interest liabilities, which can be a smart step toward financial stability—read more on how to get rid of debt effectively.
Common Problems & Solutions
The following are the most common problems faced with respect to IPO allotment:
Allotment status not found
Reasons:
- IPO allotment details may not be updated yet
- IPO allotment may not be finalised yet
- Selection of the Wrong IPO name
- The website may be temporarily down.
Solution:
- Check again after waiting for some time.
- Verify if the IPO name and other inputs are correct.
- Select off-peak hours to check the allotment details.
- Contact the MUFG Intime support team if the allotment status is not available after the declaration of allotment.
Wrong PAN entered
Reasons:
- Typing error while inserting PAN number
- Entered incorrect PAN number
- The PAN number entered should not be the same as the PAN number used for the IPO application.
Solution:
- Enter PAN number again. This time, make sure to use uppercase and no extra spaces.
- Confirm that the PAN number entered should match the PAN number used in the IPO application.
IPO not appearing in the list
Reason:
- Allotment may not have been finalised yet.
Solution:
- Be patient until the officially announced allotment date.
- Re-check once MUFG Intime updates the list
Refund delayed
Reason:
- Refund normally takes time to reflect in the bank account as it is initiated after the allotment is finalised.
Solution:
- A waiting period of 2-3 working days is expected.
- Bank statement and UPI mandate status should be checked.
- The Bank or MUFG Intime support team should be contacted if the refund delay is prolonged.
Shares not credited to Demat
Reason:
- Due to processing delays, the shares may not have been credited before listing.
Solution:
- Be patient until just before the listing date.
- Keep refreshing the broker’s holdings page.
- Broker’s support team should be contacted to confirm the Demat account details if shares are still not visible in the portfolio after listing.
MUFG IPO Allotment Status for SME IPOs
MUFG Intime India acts as the registrar of SME IPOs along with the Mainboard IPOs. Hence, it is possible to check the allotment status of SME IPOs on the MUFG Intime portal.
Difference between Mainboard IPOs and SME IPOs:
Mainboard IPOs of large-scale companies are listed on the Mainboard platforms of BSE and NSE with a larger issue. The minimum post-issue paid-up capital required is ₹10 crore and above.
SME IPOs of small & medium-scale companies are listed on BSE/NSE SME platforms with a smaller issue. The minimum post-issue paid-up capital required is ₹1 crore and capped at ₹25 crore.
Where to check SME result if not shown?
If the SME IPO name is included in the dropdown list of MUFG Intime, then this indicates that the basis of allotment has not finalized yet. Hence, investors are requested to wait until the allotment date is declared. Moreover, investors can check SME IPO allotment status on NSE / BSE’s IPO status page.
Important IPO Timelines:
Safety & Scam Warning Section
FAQ Section: MUFG Intime India (formerly Link Intime)
1. Is MUFG and Link Intime the same?
Yes. It’s the same. Link Intime is rebranded as MUFG Intime. It’s like the old product in a new package.
2. How long after IPO allotment do shares get credited?
The IPO shares are usually credited one day before the listing date.
3. What if MUFG IPO allotment status is not showing?
4. How to check IPO refund status?
IPO refund status can be known from the bank statement or UPI mandate status.
5. Can I check MUFG IPO allotment without PAN?
Yes, MUFG IPO allotment can be checked without PAN using alternate details like DP / Client ID, Bank account number / IFSC or Application number.
6. Is MUFG IPO allotment available for SME IPOs?
Yes, MUFG IPO allotment is available for SME IPOs like Mainboard IPOs.
