How allotment checking actually works
Allotment is decided by the registrar after the issue closes, using the process in the prospectus. IPOWATCH does not run that process and cannot see your application. This hub lists issues that are near or past the allotment step and links to the registrar’s own status page. You check there with the same PAN you used to apply, or with the application number from your broker. The registrar page will say whether shares were allotted. Your broker and your bank are the next place to look: a released UPI mandate, a refund, or shares credited to the demat account.
The basis of allotment is a date on the timetable, not a guarantee that the website will update at 9:00. Registrars often publish status later the same day or the next morning. Refreshing this page every few minutes will not make the registrar move faster. If the button is missing, the check URL is not stored yet. Use the registrar named in the prospectus, or the registrar list on this page, and select the company there. Do not use a link that arrived in a text message from a sender you do not recognise. Phishing pages copy allotment screens and ask for a UPI PIN or an OTP. A real registrar status page does not need your UPI PIN.
What the status words mean
“Closed” means bidding is over and allotment may still be ahead. “Allotment out” means the basis has been published or the registrar is expected to be live. “Listed” means the share has reached the exchange; if your demat still shows nothing, either you were not allotted or the credit is late, and the registrar status is still the document that settles which one it is. An upcoming issue will not appear here just because people are discussing premium. Allotment does not exist before the close.
Retail allotment in an oversubscribed book is a lottery at the minimum lot. Being “allotted” is not a judgement that the company is a good long-term holding. Not being allotted is not a judgement that you avoided a bad company. It is the arithmetic of more applications than shares. The allotment guide explains the draw, and UPI mandates and refunds explains why the blocked money comes back if you are not allotted, and when you should worry if it does not.
A practical checklist
- Confirm the allotment date on the IPO page, then allow the registrar the rest of that day.
- Open the registrar from the button on this hub, or type the registrar’s domain yourself.
- Enter PAN or application number. Do not enter a UPI PIN.
- If the status says allotted, wait for the demat credit date on the timetable before assuming the broker has lost the shares.
- If the status says not allotted, the mandate should release or the refund should follow the refund date. Follow up with the bank or broker if that date passes and the block remains.
- Listing-day price is a new event. Allotment does not lock in the grey-market premium you saw last week.
The registrars most retail applicants meet are KFintech, Link Intime, Bigshare, Skyline, and Purva Sharegistry. The company chooses one of them; you do not pick a favourite. Their portals are linked on this page when we have them. If a portal has moved, the contact form is there for a broken link, and you can still reach the registrar from its own site in the meantime.
Nothing in an allotment status is a recommendation to sell on listing day or to hold. That choice depends on the price the market actually makes and on why you applied. Read what happens on listing day and the disclaimer before you treat a pre-open indication as cash in hand.