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How do I file complain to SEBI for IPO refund issues and IPO allotment related issues?

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For IPO investors having difficulties receiving IPO refund or IPO allotment and registrar of IPO not responding, SEBI introduced an online complain management system.

Click here to file complaint with SEBI.

Please note: Before filing complain with SEBI, make sure that you have tried contacting registrar of the IPO for allotment or refund related problems. Registrar of the IPO is responsible for processing IPO applications. This includes allotment and refund processing. The issuer company, lead manager or broker are not responsible for this and should not be contacted for the same.




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619 Comments

169. Parag   I Like It. |Report Abuse|  Link|September 22, 2020 8:26:10 AMReply
I am facing the same problem but with bigger issue. I got allotted route mobile shares and my account was again debited for INR 14,000/- even though it was blocked earlier through ASBA. So my lien balance is INR 28,000/- instead of being zero. I have mailed kfintech highlighting the same issue. Awaiting their reply.
169.1. Mohammed Aslam   I Like It. |Report Abuse|  Link|September 22, 2020 10:23:02 AM
You amount will be credited after the validity date which was mentioned on the IPO pop message.
168. Rajni Verma   I Like It. |Report Abuse|  Link|September 21, 2020 4:49:19 PMReply
I have applied for allotment of share in IPO of ROUTE and fund is being blocked under mediate of ASBA . After finalisation of allotment , I have neither get allotment nor unblock the fund from ABSA mandate till now. I have mailed twicely to einward.ris@kfintech.com but they have not responded.
Please help me.
167. Rajni Verma   I Like It. |Report Abuse|  Link|September 21, 2020 4:48:05 PMReply
I have applied for allotment of share in IPO of ROUTE and fund is being blocked under mediate of ASBA . After finalisation of allotment , I have neither get allotment nor unblock the fund from ABSA mandate till now. I have mailed twicely to einward.ris@kfintech.com but they have not responded.
Please help me.
166. Ngawang Nyima   I Like It. |Report Abuse|  Link|September 21, 2020 1:24:30 PMReply
I have written 3 mails to kfintech.com to raise issue about not receiving my refund. Neither they respond me nor they refund money. this really sucks me how irresponsible these guys are.
165. Vishal Lokwani   I Like It. |Report Abuse|  Link|September 21, 2020 1:02:19 PMReply
I have applied for happiest mind IPO. I have been not alloted any share but my money is still not unblocked and recieved in bank.
Please help.
Thank you
164. Durga Sharan Tripathy   I Like It. |Report Abuse|  Link|September 21, 2020 11:52:02 AMReply
I applied happstmind tech ipo on dated 09.09.2020 vide my application no is 80500225.vide transaction I'd is 025314972744 through UPI BHIM.
Nither I get allotment nor I get my account unlocked amount till date.
163. Rishabh   I Like It. |Report Abuse|  Link|September 21, 2020 10:23:23 AMReply
I applied in happiest mind ipo and on same day i cancelled my application but amount is still blocked. How to get the refund pls tell ?
163.1. anuj   I Like It. |Report Abuse|  Link|September 21, 2020 11:37:45 AM
I applied in happiest mind ipo and on same day i cancelled my application but amount is still blocked. How to get the refund pls tell ?
162. Ravindra   I Like It. |Report Abuse|  Link|September 21, 2020 11:00:35 AMReply
I have applied for happiest mind tech. Ipo but i didnt get this ipo and till date no money refund back in my account
161. Sheetal Bedmutha   I Like It. |Report Abuse|  Link|September 21, 2020 10:54:40 AMReply
Not received route mobile ipo refund.
160. Ramjibhai   I Like It. |Report Abuse|  Link|September 20, 2020 12:00:45 PMReply
Ritu mobail refund not recive
159. Prmodp   I Like It. |Report Abuse|  Link|September 19, 2020 10:22:45 PMReply
I had contacted to registar of happiestmind ipo kfintech they told mee due to such huge subscription they are unable to unblocke funds in time ,they told mee to wait till Monday they are working on it , u also can place email @ einward.ris@kfintech.com with details of ur application number, DP ID , bank account details , pan number
158. Sukanya Sane   I Like It. |Report Abuse|  Link|September 19, 2020 7:22:25 AMReply
I did not get allotment in happiest minds ipo.
But my amount is still blocked in my bank account. pls guide further to unblock the same.
158.1. Pranay Rajj   I Like It. |Report Abuse|  Link|September 19, 2020 11:32:27 AM
I dont get my money refund of happiest mind...plz help guy..if anyone know the process
158.2. Nimesh barot   I Like It. |Report Abuse|  Link|September 19, 2020 1:03:43 PM
Non allotment of share of Route Mobile IPO
But.my refund rs.14000 not recd. till date. Please helpful in this matter.
157. Rahul   I Like It. |Report Abuse|  Link|September 18, 2020 7:47:09 PMReply
I got sms saying you have got allotment in Route mobile ipo. Yesterday, Money was debited from my bnk account. But today it is refunded. Is it expected?
157.1. Atul Panda   I Like It. |Report Abuse|  Link|September 18, 2020 10:16:03 PM
Even I am facing same....did you get any update Rahul?
156. Sarang   I Like It. |Report Abuse|  Link|September 18, 2020 12:12:49 PMReply
My UPI transection is failed for route mobile ipo.. notification given by bhim. I have alloted shares.. but due to transection failed, will I loose my allotment?
What should I do next any suggestion?
156.1. Santosh   I Like It. |Report Abuse|  Link|September 18, 2020 7:41:57 PM
You can send the following information to registrar through an email.

Problem statement -
Company Name -
Application Number -
Applicant Name -
Number of Shares Applied -
Applicant Amount -
Cheques Number -
Bank Name -
DP ID -
Depository Client ID -

Route Mobile IPO Registrar
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda,
Serilingampally,
Rangareddi, Telangana India - 500 032
Phone: 18003454001
Email: einward.ris@karvy.com Website: https://karisma.kfintech.com/
155. Rakesh singh   I Like It. |Report Abuse|  Link|September 18, 2020 11:06:45 AMReply

Hello sir, madam
Mene happynest mind ipo ke liye apply kiya tha 09/09/2020 ko or muje allotments nahi mila or mere account se fund bhi cut gaye or ab tak refund bhi nahi mila hai
154. Ramesh kumar   I Like It. |Report Abuse|  Link|September 18, 2020 4:13:55 AMReply
Hello sir, madam
Mene ipo ke liye apply kiya tha 09/09/2020 ko or muje allotments nahi mila or muje abhi tak refund bhi nahi mila kiya hoga ....
153. Kunal   I Like It. |Report Abuse|  Link|September 18, 2020 12:38:15 AMReply
Haven't received my refund for happiest minds ipo yet. Dnt know what to do. Even sent many mails to the registerar of the ipo. No response from them. Tell me what to do.
152. Anil Kumar Mehta   I Like It. |Report Abuse|  Link|September 13, 2020 1:26:44 PMReply
We too aren't getting any response. No idea what to do even after complaints also we have not received our money.
151. Anil Kumar Mehta   I Like It. |Report Abuse|  Link|September 13, 2020 1:14:57 PMReply
Same here
150. ayush mishra   I Like It. |Report Abuse|  Link|July 30, 2020 1:53:46 PMReply
maine yes bank ka fpo apply kiya tha but fpo allot bhi nahi huwa aur money bhi block hai . money unblick kaise hogi sir
150.1. Rohit Kumar   I Like It. |Report Abuse|  Link|August 2, 2020 12:34:51 PM
Facing Samee issue
150.2. Dushyant   I Like It. |Report Abuse|  Link|September 8, 2020 7:37:16 PM
I am having same issue with Yes Bank FPO. My money is blocked since then. Not finding the email id of registrar of IPO for Yes bank. The mentioned email id: yesbankipo@karvy.com
isn't working. Any help regarding this.
149. ayan khanda   I Like It. |Report Abuse|  Link|August 20, 2020 3:05:48 PMReply
MINDSPACE business reit ipo refund till date not received pls help
149.1. Vaibhav Suradkar   I Like It. |Report Abuse|  Link|September 8, 2020 6:09:44 PM
Same here
148. Deepak Tambe   I Like It. |Report Abuse|  Link|August 20, 2020 8:25:21 AMReply
Rossari Ipo ISSUE refund till date not relies...I mail SEBI , REGISTRAR, ROSSARI IPO .. BUT NO RESPONCE. My money blocked .Now what can I do ?? Help some...
147. Chetan Shetty   I Like It. |Report Abuse|  Link|August 13, 2020 8:40:15 PMReply
Hi All,

I have sent an email to below Id alongwith DP Id and application number and the issue was resolved within couple of days. Hope it helps you.

Email Id- rossaribio.ipo@linkintime.co.in
146. Vishal Aggarwal   I Like It. |Report Abuse|  Link|August 10, 2020 1:08:36 PMReply
Can someone please help me how can i resolve this issue. To whom should i contact. I raised complaint even than not getting response. Also call customer care even than not getting any revert back. Please suggest me. I really appreciate if someone plz guide me
145. Varghese K M   I Like It. |Report Abuse|  Link|August 6, 2020 10:21:03 PMReply
rossario biotech ipo blocked amount not settled. application money 29750/- blocked in my account continues to be blocked. I was allotted one lot of shares. therefoe 14875/ to be taken for rossario and balance 14875/- to be released. email send to the registrars.
144. Prashant Chaudhari   I Like It. |Report Abuse|  Link|August 6, 2020 3:47:44 PMReply
I have not received my IPO refund of Rossari Biotech.
144.1. Sharafat Ali   I Like It. |Report Abuse|  Link|August 6, 2020 5:31:06 PM
Same situation here I applied 2 lot but I got 1 lot and 1 lot could not get refund please refund me
Application id 95501802
143. Krishnendu Banerjee   I Like It. |Report Abuse|  Link|August 6, 2020 10:10:33 AMReply
Sir, last month I have applied for yes bank and rosseri biotech ipo. Both the holding has not been released till date. Kindly advise how to release these money.
142. Veere singh   I Like It. |Report Abuse|  Link|August 5, 2020 5:20:35 PMReply
I am facing the same issue I applied for Rossari Biotech IPO for 2lots and get allotment for 1lot remaining balance amount not credit in a/c till date if any one know were to complained Or contact
141. Shounak   I Like It. |Report Abuse|  Link|July 23, 2020 7:39:35 PMReply
I have not received my IPO refund of Rossari Biotech. I applied through BHIM UPI with HDFC bank.Pls help. Is anyone not received refund yet?
141.4. Murali Naidu   I Like It. |Report Abuse|  Link|August 4, 2020 3:55:24 PM
Same issue facing. Rosari Biotech refund amount is not received yet.
141.5. Vishal   I Like It. |Report Abuse|  Link|August 5, 2020 11:29:01 AM
Same Issue with me..To whom should we raise this issue
140. Julhas Uddin Ahmed   I Like It. |Report Abuse|  Link|August 3, 2020 9:59:11 AMReply
I had applied for IPO through BHUM UPI,,SBI..and I didn't get my refund..
139. Tanmoy Basak   I Like It. |Report Abuse|  Link|July 24, 2020 11:10:36 AMReply
I also haven't received the rossari biotech ipo refund.
I called linkintime (022 4918 6200) , they said I have to wait till the upi mandate close, which is 2nd of August.
This is cheating. !!
139.1. Vishal Kumar   I Like It. |Report Abuse|  Link|August 2, 2020 11:37:15 PM
They said me the same thing too.Today is expiry date of emandate I still 2nd August.I still didn't get my refund.what should we do then ?
138. Priyanka Upadhyay   I Like It. |Report Abuse|  Link|July 29, 2020 11:40:17 AMReply
I am facing the same issue, I applied for Rossari Biotech IPO and did not receive allotment against my application and till date I haven't received my refund which is almost a week.
Kindly help me with the same as a lien is still created on my upi account for ipo deduction and I'm not able to use my money.

Thanks
138.1. prathamesh Muley   I Like It. |Report Abuse|  Link|July 30, 2020 1:28:22 PM
even i am facing the same issue.
137. prathamesh Muley   I Like It. |Report Abuse|  Link|July 30, 2020 1:27:25 PMReply
I have applied for Rosarri IPO but didnt received any refund yet. Its more than a week now. I am not able to use my money.
136. S R MUKUTESWARAN   I Like It. |Report Abuse|  Link|July 24, 2020 6:19:50 PMReply
I have applied for Rossari Biotech Ltd IPO through Axis Bank on 13th July 2020. I have not been alloted shares of Rossari Biotech Ltd, (35 Shares @425.00 totaling Rs 14,875.00. Share application number 9106006, Client ID 10773346, DPID IN 303719. I have alredy sent a maii to SEBI, who advised me to post my comments on www.scores.gov.in. In the mean while I have address the issue with my Axis Bank, Edelweiss Broaking Ltd, and also approached NSDL for their comment. No reply received from any of them, may be they are not resposible for issue of shares. I want the reason why I have not been alloted from the concerned.
S.R.Makuteswaran
135. Siddhesh Birari   I Like It. |Report Abuse|  Link|July 23, 2020 9:57:42 PMReply
Yes!!! Even I have not received the refund which I have applied for rossari biotech ipo. Surprisingly since last 8 years it has never happened before. I am struggling to get back my refund.
134. Keshav   I Like It. |Report Abuse|  Link|April 2, 2020 11:52:29 PMReply
Dear sir,
I had apply sbicard ipo 1 lot but not issued lot my amount is blocked please unblocked my amount
I had applied form googlepay upi acc from icici bank
Please sir as soon as positive answer
Thank you
Keshav sonawane
134.1. Mayank Grover   I Like It. |Report Abuse|  Link|April 14, 2020 12:12:14 AM
Hi keshav , did you got the refund ?
134.2. dilip   I Like It. |Report Abuse|  Link|July 23, 2020 2:30:37 PM
hii keshav , did you got refund ? if yes then how
133. KMG   I Like It. |Report Abuse|  Link|April 16, 2020 7:07:11 PMReply
Hi Friends,

Who are all applied SBI Carts IPO through ICICI bank UPI mode, First send the mail to ICICI bank customer care and another mail to Registrar of this IPO sbicard.ipo@linkintime.co.in

I am also faced the same issue , Bidding Amount blocked in ICICI bank Account nearly 1 month ,I have the sent the mail to above mail id (sbicard.ipo@linkintime.co.in )with UPI mandate screenshot ,now that amount is unblocked.
133.3. Nupur   I Like It. |Report Abuse|  Link|May 25, 2020 10:59:52 PM
Hi KMG,

I am facing same issue. Could you please share what all details need to be shared with the registrar along with UPI mandate screenshot.
133.4. NG   I Like It. |Report Abuse|  Link|July 21, 2020 5:16:11 PM
Hi KMG,

I have sent mail to icici customer care and Registrar of this IPO sbicard.ipo@linkintime.co.in
but there is no resolution yet. SBI linktime ppl have sent mail to ICICI bank but no response yet.

Could you please suggest what to do else to resolve this
132. AJAY PANDEY   I Like It. |Report Abuse|  Link|July 19, 2020 5:51:21 PMReply
I purchased 50 reliance right issue but i was not entitled for right issue.will i get my refund or not. My broker and Registrar are not giving satisfactory reply. What should i do?
131. Prahladbhai   I Like It. |Report Abuse|  Link|May 26, 2020 10:52:35 AMReply
Regarding sbi card ipo, ipo amount is deducted in my account but till date i have not getting sbi card share or not allotted share in my demat account. i have already talk my share broker many time but he said that under process.
130. sheetal   I Like It. |Report Abuse|  Link|April 25, 2020 7:59:54 PMReply
even i had applied for sbi ipo ut not recd refund till date?? It was done through Axis bank UPI.

Pls suggest.
129. Samir hire   I Like It. |Report Abuse|  Link|April 16, 2020 10:16:12 PMReply
I have same problem my money is also not steel coming back .I was apply for one lot .please help who is responsible for it
129.1. Bikash   I Like It. |Report Abuse|  Link|April 18, 2020 2:16:35 PM
I faced same issue. Raise a complaint in scores.in against the registrar. Your money will be unblocked don't worry.
128. Mayank Grover   I Like It. |Report Abuse|  Link|April 13, 2020 10:00:11 PMReply
It has been 1 month already I haven't recieved the Refund for unallocated lot . I had bid for 2 lot out of which 1 lot was allocated to me . The refund for the other log has not credited to me .
127. Manvendra   I Like It. |Report Abuse|  Link|April 3, 2020 8:10:29 PMReply
Raise complain with sebi in scores.gov.in..
127.1. Bikash   I Like It. |Report Abuse|  Link|April 7, 2020 5:54:33 PM
Raised complaint with SEBI...when amount gets credited into bank account.
126. Keshav   I Like It. |Report Abuse|  Link|April 2, 2020 11:48:34 PMReply
I had apply sbicard ipo 1 lot but not issued lot my amount is blocked please unblocked my amount
125. Keshav   I Like It. |Report Abuse|  Link|April 1, 2020 5:41:41 AMReply
Sbi card IPO my amount is blocked
124. OMENDRA HITESHI   I Like It. |Report Abuse|  Link|March 19, 2020 3:18:56 PMReply
I have applied 2 lot ..but I did not get IPO and fund also not received yet nobody is helping here I have write to finance minister and P.M also sebi is not taking any action their staff is null and they are nothing doing any type of help ...IF YOU ALSO NOT RECEIVED YOUR FUND THEN MESSAGE HERE AND WE WILL ALSO FILE COURT CASE CONTACT HERE AND ADD YOUR CONTACT NUMBER HERE ALSO..
124.2. Ashmit Anand   I Like It. |Report Abuse|  Link|March 30, 2020 3:28:17 AM
Same with me, Till now I have not recieved my amount
124.3. G Keerthi Harika   I Like It. |Report Abuse|  Link|March 31, 2020 8:47:04 PM
Yet money not received. How to file complaint?
123. Abhijith   I Like It. |Report Abuse|  Link|March 31, 2020 2:22:13 PMReply
The amount is been deducted/blocked on the day of application itself. It's been over 15 days of completion of allotment; still it's not refunded. Can someone please respond with refund or detail us next steps to avail back the money??
122. birva ved   I Like It. |Report Abuse|  Link|March 31, 2020 10:28:23 AMReply
i also upi pay sbi card 2 lot
,ipo regecred but money is not cming to money account .
121. birva ved   I Like It. |Report Abuse|  Link|March 31, 2020 10:27:06 AMReply
i also upi pay sbi card 2 lot
,ipo regecred but money is not cming to money account .
120. Jagadeeswaran N   I Like It. |Report Abuse|  Link|March 23, 2020 12:23:33 AMReply
Even after waiting till the sbi ipo end date I haven't received the locked amount.. I had done the transaction from UPI through zerodha plotform.. I had written mail to ipo.upi@npci.org.in but no response... Kindly let me know if there are any alternative ways to ge the refund.
120.1. Prasath   I Like It. |Report Abuse|  Link|March 24, 2020 1:05:02 PM
same issue.
120.2. Ashmit Anand   I Like It. |Report Abuse|  Link|March 30, 2020 3:02:02 AM
Same with me