IPO allotment status shows 'no record found': what it means

You enter your PAN on the registrar's site and get 'no record found' instead of allotted or not allotted. It sounds alarming, but it has a handful of ordinary causes.

The results aren't out yet

Before the registrar publishes the allotment, a PAN search shows nothing or an error. Results usually appear on the evening or late night of the allotment day. Check again later before assuming anything.

The wrong IPO or the wrong field

Check that you picked the right company from the registrar's list (names can be similar) and that you entered the PAN in the PAN field, not the application number field. Some IPOs are handled by a different registrar from the one you expect; every IPO's allotment page on IPO Khata names and links the right one.

The bid never became valid

After results are out, no record usually means the application didn't make it to the allotment: the UPI mandate wasn't approved before the cut-off, the bid failed at the bank, or it was rejected (for example a duplicate PAN or a third-party bank account). Your bank statement tells you: if no money was ever blocked, the bid never went through.

What to do

Look at your broker app's IPO order status and your bank's record of the blocked amount. If money was blocked and the registrar still shows no record a day after results, contact your broker or the registrar with your application number.

How IPO Khata handles it

IPO Khata checks every family member's PAN after the results are out. If the registrar has no record of an application, the results email says so, so you know which ones to look into.

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Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.