Allotment status lives on the registrar’s website, not on a GMP tracker and not in a text message. The registrar is the firm the company appointed — often KFintech, Link Intime, Bigshare, Skyline, or Purva Sharegistry. The prospectus names them. The allotment hub links to the status page we have stored for issues that are in that window. The hub is a signpost. The answer is produced by the registrar after you enter your PAN or application number on their domain.
When to look
The basis-of-allotment date on the IPO timetable is the first day a status is likely, not a promise that the page will load at 9:00. Registrars often update through that day and into the next morning. Checking ten times before noon mostly produces “not ready”. If the date on the IPO page is still ahead, the status cannot exist yet, because allotment has not been run. Bidding has to close first. How allotment works is the sequence between the close and that date.
A clean check
Open the link from the allotment hub, or type the registrar’s address yourself from the prospectus. Check the domain before you type anything. Select the company name. Enter the PAN that you used to apply, or the application number from your broker. Submit. The page should tell you whether shares were allotted and, if they were, how many.
You do not need your UPI PIN for this lookup. You do not need an OTP from your bank to “release” an allotment. You do not need to install an app that arrived as a link. You do not pay a fee to see the status. Anyone who adds those steps is not the registrar. Close the page. Phishing around allotment week is common because people are impatient and the amounts are blocked in real accounts. IPOWATCH will not message you about your application. We do not have your PAN.
Reading the result
Allotted, with a share count, means the registrar has allocated those shares to your PAN. They still have to be credited to the demat account, which follows the credit date on the timetable. Until the holding appears, you cannot sell. A delay of a few hours on credit day is ordinary. A delay past the listing morning is worth a call to your broker, with the registrar screenshot.
Not allotted means you are not receiving shares. The blocked funds should be released on the refund or unblocking date. Watch the bank lien, not the GMP. If the date passes and the block remains, contact the bank that holds the mandate and the broker who sent the application. Have the PAN, the application number, and the registrar result. The mandate and refund guide is the longer checklist. A tracker cannot push a bank to drop a lien.
A rejection reason, when one is shown, is specific: mandate not approved, category mismatch, price below the issue price. That is useful for next time. It is not a comment on the company.
If the hub link fails
Registrars redesign pages. A stored link can rot. Use the registrar’s own site, open the IPO status section, and pick the company. The registrar list on the allotment hub exists for that moment. If you confirm a replacement URL, the contact form is the right place to tell us. Include the IPO name and the working address. Do not include your PAN in that message. We need to fix a link, not to look up your bid.
What not to infer
Allotted is not a research upgrade. Not allotted is not a dodge of a bad listing. The listing price is still in the future when you read the status, and it is decided in the listing-day auction. People who were allotted and people who were not allotted can both tell a satisfying story by the afternoon. Only one of those stories was knowable at the moment the registrar page loaded, and it was the share count, not the profit.
If the status and the bank disagree
A registrar page that says “allotted” while the demat account is still empty, on the morning of the credit date, is usually a timing gap. Wait until that date has fully passed before you open tickets with three institutions at once. If listing morning arrives and the holding is still missing, call the broker with the registrar result on the screen. A registrar page that says “not allotted” while the lien remains, after the unblocking date, is a bank operations issue. The screenshot is your evidence. Crop out anything that is not the PAN result if you later email support, and never add a UPI PIN to the same thread.
Some brokers also show allotment inside their own app. That view is convenient and it can lag the registrar by a few hours. When the two disagree, the registrar is the book of record, because the registrar ran the allotment. The broker is a display. Refresh the broker after the registrar has spoken, not the other way around.
Keep a one-line record
Write down the IPO name, the basis date, the result, and the share count or “none”. You do not need a spreadsheet. You do need to stop relying on memory when three issues allot in the same week and the bank statement shows two releases and one debit. The record also stops you inventing a story later about whether you were allotted in a winner. Listing gains versus holding is easier to judge if you know which forms actually became shares.
Check once the basis date has arrived, from a domain you typed or from the hub, without a PIN, and then wait for the bank or the demat account to agree with what the registrar said. That is the whole job. The disclaimer covers any impulse to treat the status as a tip about what to do on listing morning.