If an IPO shares does not get allotted to me, due to over subscription, will there be any charges for the refund of the money ? Or will it get full amount ? and what is the timeline of getting refund back to my account ?

asked Wednesday, July 25, 2018

There are no charges for the refund of the money. When you apply for an IPO online, the application amount is blocked in your account. You cannot withdraw that amount. This amount will be locked till the allotment is finalized for an IPO. In case, you are applying offline through a cheque then the refund process starts after the finalization of basis of allotment. There are no charges and the full refund is done. The timeline for finalization of basis of allotment, initiation of refunds etc., is available in our website along with other details of IPO.

answered Wednesday, July 25, 2018

90 Comments

90. Kartik Didwania

| Link|Apr 11, 2022 1:00:38 PMReply

I had applied for Hari Om Pipes. I recieved the refund two days back and today I am recieving a text saying that my allotment is successful. What does this mean?

90.1. Toes

| Link|Apr 27, 2022 10:01:34 PM

Bro, did u get the IPO or not?

89. G

| Link|Dec 13, 2021 10:03:49 PMReply

I also applied for tega industry but not received refund after todays listing.
Goutam dhar Kolkata

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89.2. Sarvesh Kumar

| Link|Dec 20, 2021 4:00:22 PM

Same here as well, I also didn't receive my amount.

89.3. Satyajit chakraborty

| Link|Dec 24, 2021 11:49:29 AM

Same here with Medplus IPO. I cancelled the bid but money did not revoked...what to do

88. Eishna sharma

| Link|Aug 12, 2021 12:13:38 AMReply

Kindly release my blocked amount of rs. 14820 as my application was failed due to some error but amount got blocked . I applied twice for this as well. I request you to kindly release my funds asap
App. No.:DO240171176958
App. No. :Zoma50925035835
Thank you
Regards

88.1. Sumit kumar

| Link|Nov 17, 2021 3:27:18 PM

Hii @Eishna sharma same thing happens to me this time during paytm ipo can u pls guide me what to do?

87. Arun Bisht

| Link|Dec 13, 2021 5:00:20 PMReply

Arun Bisht
I have applied for tega industries IPO and don't get the allotment , money was deducted from my account and not received back that money till the date .
Someone guide me what to do

86. Preet Jais

| Link|Nov 10, 2021 9:11:09 PMReply

Patm k kiye MO INVESTER se Apply Krne pe bank se money deduct ho gya??😐🤔

85. Sandip jadhav

| Link|Oct 2, 2021 4:49:24 PMReply

Ipo share not alloted to me my bloke amount is no getting back to my account plz refund to be my amount

85.1. Raghavendra

| Link|Nov 8, 2021 5:10:35 PM

You should contract Bank for blocked amount. Or you can check if share allotted to you

84. mANSI PaTEL

| Link|Aug 8, 2021 10:45:58 AMReply

ROLEX RINGS IPO NOT REFUNDED STILL. WHAT SHOULD I DO ???/

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84.2. Dharitri Ray

| Link|Aug 11, 2021 7:25:43 AM

I have applied for a Rolex IPO. I haven't got my refund yet. What should be done to get refund back, it's already going to be 1week.

84.3. Manan Shah

| Link|Oct 27, 2021 11:26:35 AM

Tweet Karlo Vo Company ko Tag karke

83. Bhavesh

| Link|Oct 6, 2021 4:44:45 AMReply

Applied for defence ipo paras after not getting allotment my amount is still unblocked or refund please help what to do

82. Avishek kumar sinha

| Link|Oct 1, 2021 10:06:50 AMReply

Hi,
I applied for Paras defence IPO, well unfortunately I did not get the allotment.
And still refund not received. Kindly assist.

82.1. K V Ramanaiah

| Link|Oct 1, 2021 9:05:57 PM

Hi
I applied for Paras defence IPO. Well unfortunately I did not get allotment and still bank lien not lifted. Please guide me to whom I have to complain.

81. Amit Kumar Jain

| Link|Sep 30, 2021 7:09:29 PMReply

Applied for paras defence ipo securities not allotted and still refund also not received what to do now

80. Anju

| Link|Sep 29, 2021 11:29:03 PMReply

Hi
I applied for Paras defence IPO, well unfortunately I did not get the allotment. I got the whole refund, however 550 was charged again and the money for debited from my account with no notice stated as DMC. kindly assist

79. Rajesh kumar srivastava

| Link|Aug 16, 2021 4:18:00 PMReply

I have applied Devayani International IPO one lot, I could not refund my money. how much time it will take to refund.

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79.2. VAIBHAV Bhand

| Link|Aug 25, 2021 7:07:05 PM

I am also facing this issue...have you received the money till now...if yes ..what action did you take

79.3. Arvind

| Link|Sep 6, 2021 9:59:31 AM

Same problems.any body help please

78. somnath sanjay khande

| Link|Aug 29, 2021 8:22:45 PMReply

sar mera ipo ka pement not refund Car tread ipo ka ishuu plizz pement irtan nahi aaya hai sar

77. Ram Prakash Patel

| Link|Aug 23, 2021 10:35:43 PMReply

I applied the car trade ipo but this ipo is not alloted and the my money is unblocked please tell me my money is unblocked how many days/ date.and what to do for unblock the money.

76. Harshad patel

| Link|Aug 21, 2021 11:36:25 AMReply

I applied , cartred , nuvoco, excarolites ipo.but not allotted sher in this ipo.refund is not credit in my account.please, give me guide line getting refund process

75. Deepti Jain

| Link|Oct 21, 2020 10:41:05 AMReply

How can I complain to SEBI

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75.3. JAYANTIBHAI CHHAGANBHAI PATEL

| Link|Aug 19, 2021 4:00:00 PM

I applied car tred ipo.but not allotted sher in this ipo.refund is not credit in my account.please, give me guide line getting refund process

75.4. RANJEETKUMAR Sahani

| Link|Aug 20, 2021 12:06:47 PM

Dear sir
Windlas biotech ipo not allotted, my amount not unblocked till now

74. Rajesh patil

| Link|Aug 18, 2021 4:59:00 PMReply

I m purchased devyani internatinal ipo shares but i dont get and dont get refund also from them...

73. Shrikant Korade

| Link|Aug 9, 2021 4:20:12 PMReply

I have not received refund for both Rolex rings and Glenmark Pharma till date

73.1. Jaiwanti Vadhwani

| Link|Aug 17, 2021 4:07:01 PM

Same here .What a retail investor should take action for this issue?

72. Manulal

| Link|Aug 17, 2021 2:25:44 PMReply

Devyani International IPO not Refund the Amount to People who applied ,everyone facing the Same issue. No one take responsibility .I really Don't know Why They are doing this with Retail Investors

71. Sivasubramaniam. S

| Link|Aug 16, 2021 2:11:25 PMReply

I applied for the Devayani International IPO by blocking the money for one lot. I don't got my allotment. But till now I didn't get my money unblocked in my account.

70. Patel dikshit

| Link|Aug 14, 2021 12:37:22 PMReply

Deyani international ipo shre not allotment and ipopayment not received and this ipo payment block please request sir

70.1. BARHAMJIT

| Link|Aug 16, 2021 1:38:37 PM

When i get my refund

69. Bhawna mahajan

| Link|Aug 15, 2021 12:40:21 AMReply

Devyani International not allotment share buty fund not back my acount how many days my fund back my acount

69.1. Ankit saxena

| Link|Aug 15, 2021 3:15:53 PM

Me too

69.2. Priyanka Bera

| Link|Aug 15, 2021 6:09:29 PM

Mee too

68. Heena

| Link|Aug 15, 2021 1:06:09 AMReply

Devyani ipo not allotted but refund not revert into my account.what I required to do and one thing more that I received text msg that "amount not released due to VH"

67. Vikash Verma

| Link|Aug 13, 2021 12:25:33 AMReply

Sir, I will send money in Zomato ipo through other Upi I'd that's why my money has not received what I do ?

66. LAUKIK SHINDE

| Link|Aug 9, 2021 12:22:01 PMReply

I had applied for Glenmark, I have not received the allotment and also amount not received yet. What should I do

66.1. Kaustubh Jaiswal

| Link|Aug 10, 2021 1:27:55 AM

I’m facing the same issue too.

The mail which I received reads that funds will get unblocked in 3 working days(August,4-5-6), but still the funds are blocked.

Please guide me through the process to get my funds unblocked.

65. SHIVAM singla

| Link|Aug 9, 2021 11:50:22 PMReply

My Tatva chintan pharma chem Ltd amount of rs 70345 is still blocked my funds what yo do ?

64. Alka Saxena

| Link|Aug 9, 2021 4:22:57 PMReply

I invested in Zomato ipo in July but it is not allotted but I have not get my refund

63. K rajasekhar

| Link|Aug 9, 2021 1:23:19 PMReply

I had applied for Glenmark, I have not received the allotment and also amount not refund . What should I do applied in grow app

62. Raja

| Link|Aug 9, 2021 1:21:02 PMReply

I applied GlenMark science farm IPO through grow app but till now not received. it is the first time also. Not alloted in aug 6th how many day will applicable for return

61. LAUKIK SHINDE

| Link|Aug 9, 2021 12:20:13 PMReply

I had applied for Glenmark, I have not received the allotment and also amount not refund . What should I do

60. Deepac John

| Link|Oct 9, 2020 11:44:08 PMReply

I booked for 1 lot of Chemcon IPO but didn't allocated to me. Till date the amount not refunded in my account. Application no is 72036383
Please do needful for refund

60.1. Minal

| Link|Aug 9, 2021 12:01:35 PM

Have you received your money? What process have you followed?

59. Sudhanshu Kumar

| Link|Jul 29, 2021 7:44:44 PMReply

I had applied for tatva chintan, I have not received the allotment and it has got stuck. What should I do ?

59.1. Paarth

| Link|Aug 7, 2021 1:35:59 PM

Did your amount got unblocked? Mine is still blocked.

59.2. SANGEETHA VIJAYAKUMAR

| Link|Aug 9, 2021 11:33:49 AM

I am also facing an issue with Rolex rings IPO refund, how long will it take to reflect in bank account. I sent mail to Rolex rings regarding this , no reply from them.

58. KRISHNAN

| Link|Aug 8, 2021 11:50:31 PMReply

I APPLIED TATVA CHINTAN BUT NOT ALLOTED MONEY ALSO NOT REFUNDED WHAT SHOULD I DO THANKS

57. Jay Shinde

| Link|Aug 6, 2021 1:07:58 PMReply

I applied for rolex rings and now its 6th aug i didn't get my money back and also i didn't get the allotment of the same so kindly help me
What should i do now?

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57.7. Vishal Gohil

| Link|Aug 7, 2021 5:24:39 PM

Do not apply from upi. Apply from net banking.

57.8. Vishal

| Link|Aug 8, 2021 12:07:20 AM

i can see Rolex Rings refund is an issue for many.. i am here for the same. Its blocked date is till 17, so i am thinking of waiting it out.

56. Yogesh Waghamare

| Link|Aug 2, 2021 9:51:40 PMReply

I had applied for zomato through upstox, I have not received the allotment and it has got stuck. What should I do ?

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56.3. Haree

| Link|Aug 6, 2021 12:37:21 PM

I also don't get my refund till now..
What's going on i didn't know.
What should I do?

56.4. Rajeev Kumar Mittal

| Link|Aug 6, 2021 5:23:50 PM

I have applied for Zomato IPO,did not allted me not amount received in accout.My application no 80262701 ,when I receive my money

55. Sunil

| Link|Jul 7, 2021 10:33:57 AMReply

I have applied for Shyam metalics IPO. And sona comstar shares. I didnt get the allotment and the money is not refunded yet. Applied through groww app. Amount stucked in Google pay

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55.2. Gaurav

| Link|Jul 20, 2021 5:57:15 PM

Is it still stuck bro?

55.3. Jay Shinde

| Link|Aug 6, 2021 1:10:09 PM

Do u got ur money?

54. Vineet

| Link|Aug 6, 2021 12:47:35 AMReply

I had applied for Rolex through zerodha, I have not received the allotment and it has got stuck. What should I do ? Please Reply

53. SURAJ BHANDARI

| Link|Jan 7, 2021 8:26:38 PMReply

Burger King ipo money still not refunded anybody please help me

53.1. NK Pradhan

| Link|Jan 9, 2021 12:47:12 PM

I haven't got refund Burger King IPO Applied through Zerodha UPI mode of transcation. I have written three emails to ipo.upi@npci.org.in. Still there is no response and i haven't received the amount back.

Can someone please help.

53.2. Bindu kumari

| Link|Aug 2, 2021 11:13:13 AM

I have applied for Tatva Chintan IPO but not alloted me and my account has hold till date.
Please suggest the platform where I will place my request.

52. Ravindra Panuganti

| Link|Jul 21, 2021 12:53:03 PMReply

I have applied for clean science technology IPO but I am not get allotment and amount also not refund still so as lian amount, so what to do , please reply to me

51. DEVIDAS MOGER

| Link|Jul 17, 2021 7:42:44 AMReply

i have applied in india presticides company ipo. i didnot get the allotment and the money is not refunded yet, plz suggest me.

51.1. Abhilash

| Link|Jul 18, 2021 6:27:20 PM

Approach Sebi complaint redress system
SCORES (
Sebi COmplaints REdress Syste)to
protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto.

50. Venkatesh

| Link|Jul 5, 2021 4:58:04 PMReply

I applied an ipo for dodla, shares are not allocated to me, but still money is not refunded.

49. Jignasha Parmar

| Link|Jul 5, 2021 3:37:37 PMReply

Even my IPO shyam metallic money is also not refund ......bank say it is not possible

48. jitendra

| Link|Jul 1, 2021 1:24:36 PMReply

I also applied for shyam metalics IPO, not alloted any share to me, and still money not get back till date. IPO already listed on 24 th june. any body suggest how many days after listing the money get back.

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48.2. Binoy Elias

| Link|Jul 2, 2021 9:52:42 AM

I have applied for Shyam metalics IPO. I didnt get the allotment and the money is not refunded yet.

48.3. Vinay Dhanwani

| Link|Jul 2, 2021 9:23:15 PM

Didn’t receive the blocked amount for ipo Shyam metallics

47. vipul pawar

| Link|Jun 25, 2021 5:53:53 PMReply

I Applied for Shyam metalic IPO but not allotted still payment not refund

47.1. Aman

| Link|Jun 28, 2021 2:06:01 PM

End mendate date is 1st of July wait till then

46. kavita B

| Link|Jun 25, 2021 5:54:35 PMReply

I have apply bid for shares and didn't paid bid amount and I have received allotment advice letter ...can I cancel my bid now ?

45. khalid

| Link|Apr 12, 2021 2:04:13 PMReply

I Applied for anupam rasayan IPO but not allotted still payment not refund

45.1. Deepak

| Link|Jun 23, 2021 4:43:59 PM

I applyed for shyam metallic IPO. Now IPO not allowed to me but i have not get my refund

45.2. sridharan chinnappa

| Link|Jun 24, 2021 1:23:42 PM

still i didnt get refund, what is the process if i call zerodha they say they are not responsible for this, do we have any other process to enquire about this,

44. Pavan Bhutada

| Link|Apr 29, 2021 12:26:28 AMReply

I complaint ragishtra but my ipo refund not received
So what can I do help me

43. Puran Mal Munot

| Link|Apr 27, 2021 7:23:52 AMReply

I not received my refund ipo of VMARCIND till now why?

42. Kiran

| Link|Apr 9, 2021 5:50:33 PMReply

I applied for MTAR IPO, I dint get shares alloted and I dint get my refund amount back. When I checked with bank there is nothing lien amount. Please help

41. Mukesh Choudhary

| Link|Apr 4, 2021 12:48:15 PMReply

have applied ipo NAGERA & SHARE NOT Alloted.However, my blocked fund not credited to my a/c.Anyone suggest how to blocked money can transfer to my bank a/c. Pl. Help. Thanks Mukesh Choudhary

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If an IPO shares does not get allotted to me, due to over subscription, will there be any charges for the refund of the money ? Or will it get full amount ? and what is the timeline of getting refund back to my account ?

90 Comments

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