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 ?

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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.

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47 Comments

khalid
47. khalid  Apr 12, 2021 14:04 I Like It. | Report Abuse Reply 0
I Applied for anupam rasayan IPO but not allotted still payment not refund
Kiran
46. Kiran  Apr 9, 2021 17:50 I Like It. | Report Abuse Reply 0
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
Mukesh Choudhary
45. Mukesh Choudhary  Apr 4, 2021 12:48 I Like It. | Report Abuse Reply 0
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
Nandan ghosh
44. Nandan ghosh  Apr 1, 2021 20:06 I Like It. | Report Abuse Reply 0
I have applied both ipo if MTAR & 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 Nandan ghosh
RAJESH CHAUHAN
43. RAJESH CHAUHAN  Feb 15, 2021 13:54 I Like It. | Report Abuse Reply 0
I APPLIED STOVE KRAFT IPO nO. 2400024043619688 FOR 1 LOT AND MY AMOUNT IS NOT REFUNDED TILL NOW . KINDLY ADVISE ME HOW TO GO FURTHER IN THIS REGARDS, RAJESH
Madhavan
43.1. Madhavan  Mar 2, 2021 17:41 I Like It. | Report Abuse 0
I am also same problem
STOVE Kraft ipo amount not yet received what can i do and how many days to take for refund. If you know please reply
RAHUL YADAV
42. RAHUL YADAV  Feb 6, 2021 20:57 I Like It. | Report Abuse Reply 0
Please tell me how many days it take to get refund if IPO is not ALLOTED.
Ajay
42.1. Ajay  Feb 8, 2021 14:03 I Like It. | Report Abuse 0
Bro did you received your money
Chinta Srinivasa Rao
42.2. Chinta Srinivasa Rao  Feb 28, 2021 15:11 I Like It. | Report Abuse 0
Shares not allotted me,but online IPO I can,t receive return amount to me.How many days I waited for return money
SURAJ BHANDARI
41. SURAJ BHANDARI  Feb 7, 2021 09:23 I Like It. | Report Abuse Reply 0
My Burger King Ipo Money Still Not Refunded Please Help Me
amit
40. amit  Dec 30, 2020 11:51 I Like It. | Report Abuse Reply 0
I applied for 1 lots of bector food ipo on 18th Dec 2020, but they were not allotted to me.
my fund blocked for this are still not released/transferred to my account till date.

Pl help

thanks
Amit Khosla
Rajesh rana
40.1. Rajesh rana  Jan 5, 2021 15:26 I Like It. | Report Abuse 0
I applied for 1 lots of bector food ipo on 18th Dec 2020, but they were not allotted to me.
my fund blocked for this are still not released/transferred to my account till date.

Pl help
Priyanka Gupta
40.2. Priyanka Gupta  Jan 18, 2021 19:43 I Like It. | Report Abuse 0
I applied for bector food on 18 dec 2020 .. but not alloted to me ... my funds are still blocked ... till now .. its been 1 month from then .. where should i complain
Bhupesh
39. Bhupesh  Jan 11, 2021 10:36 I Like It. | Report Abuse Reply 0
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
Bhupendra mahavir singh
39.1. Bhupendra mahavir singh  Jan 12, 2021 20:56 I Like It. | Report Abuse 0
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back please help &sagetion me?
SURAJ BHANDARI
38. SURAJ BHANDARI  Jan 7, 2021 20:26 I Like It. | Report Abuse Reply 0
Burger King ipo money still not refunded anybody please help me
NK Pradhan
38.1. NK Pradhan  Jan 9, 2021 12:47 I Like It. | Report Abuse 0
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.
himanshu
37. himanshu  Jan 5, 2021 10:49 I Like It. | Report Abuse Reply 0
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
Rajesh rana
37.1. Rajesh rana  Jan 5, 2021 15:20 I Like It. | Report Abuse 0
How can I get refund of Mrs. Bector foods ipo
Rajesh rana
37.2. Rajesh rana  Jan 5, 2021 15:23 I Like It. | Report Abuse 0
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
Sanjay Kumar
36. Sanjay Kumar  Dec 29, 2020 09:34 I Like It. | Report Abuse Reply 0
Burger king India IPO not allotted App.no. 80420554. Money not refund my account. Please refund my money.
Sonal Shah
35. Sonal Shah  Dec 28, 2020 15:52 I Like It. | Report Abuse Reply 0
My money is blocked 3 times in mrs.bector foods.and I have no refund my money till toody.
Mukesh soni
34. Mukesh soni  Sep 22, 2020 15:34 I Like It. | Report Abuse Reply 0
Ipo happiness block amount ko unblock karo pleas
Aadil Warsi
34.1. Aadil Warsi  Dec 28, 2020 03:01 I Like It. | Report Abuse 0
Get your refund or not?
Mahesh
33. Mahesh  Oct 15, 2020 14:55 I Like It. | Report Abuse Reply 0
I have applied on Mazdock IPO, Money was successfully blocked by my bank. It was not allotted to me.
Now even the Date of Blocking the money was over, but my money is still blocked by my Bank
Akshay
33.1. Akshay  Oct 19, 2020 14:33 I Like It. | Report Abuse 0
I am also gettin this problem same as u I applied through 5 paise they told contact bank, bank told contact 5 paisa...then they told contact alankit ..alankit not responding...so.. please tell me what to do..
Aadil warsi
33.2. Aadil warsi  Dec 28, 2020 02:52 I Like It. | Report Abuse 0
Is your issue resolved or not?
A
32. A  Dec 25, 2020 04:29 I Like It. | Report Abuse Reply 0
I applied for 2 lots of bector food ipo.allotment is complete but it shows only 1 lot applied on the allotment status website.i got refund for the first lot but the 2nd lot money is stuck as lien amount in my bank.i got a confirmation of 100 shares applied(2 lots) over text message still showing false info on the website.how do i get my money back?
Samyak
31. Samyak  Dec 23, 2020 07:33 I Like It. | Report Abuse Reply 0
The allotment for Bector foods got finalised last night, however my funds are still blocked with Bank. What is the timeline by which i can receive my funds back?
Milan
31.1. Milan  Dec 23, 2020 10:46 I Like It. | Report Abuse 0
Did u got your unblocked?
kartik chhaparia
31.2. kartik chhaparia  Dec 23, 2020 12:19 I Like It. | Report Abuse 0
Same my amount is also blocked.
kulwant singh
30. kulwant singh  Oct 20, 2020 16:33 I Like It. | Report Abuse Reply 0
also applied for Chemcon & AMS IPO,but not allocated,still after mandate date end,I am not getting my blocked amount .zerodha saying contact to bank and bank saying refund is not intiated.

There is no clarity provided or even not any mail get.
Please provide details so we can get refund our amount.
Raju Chavan
30.2. Raju Chavan  Nov 6, 2020 16:19 I Like It. | Report Abuse 0
Same my amount is also not released of cams
Manan Jain
30.3. Manan Jain  Dec 13, 2020 23:59 I Like It. | Report Abuse 0
same issue
how did u get ur solution
Manoj
29. Manoj  Nov 3, 2020 09:45 I Like It. | Report Abuse Reply 0
Still my money is blocked in cams or mazagon dock ipos plss solve my problem as soon as.
Vish
28. Vish  Oct 20, 2020 10:29 I Like It. | Report Abuse Reply 0
still i have not received MAZDOCK IPO refund . please anyone help.
sai prasanth
28.1. sai prasanth  Oct 21, 2020 15:02 I Like It. | Report Abuse 0
Even i also did not get the refund amount for mazdock. I used google pay
Sudheer G
28.2. Sudheer G  Oct 21, 2020 16:21 I Like It. | Report Abuse 0
My self didy recieved,. Waiting for the amont to untrreze
Sudheer G
27. Sudheer G  Oct 21, 2020 16:20 I Like It. | Report Abuse Reply 0
Still I haven't received my freezed amount,
Deepti Jain
26. Deepti Jain  Oct 21, 2020 10:41 I Like It. | Report Abuse Reply 0
How can I complain to SEBI
Ajay Kumar Singh
25. Ajay Kumar Singh  Oct 20, 2020 13:39 I Like It. | Report Abuse Reply 0
I had applied for Mazgoan doc iPO also UTI Asset Management,but no share alloted still my money blocked with icici bank.not releasing.when it will released.upi mandate time expired.very bad system in india.
Aarti Joshi
24. Aarti Joshi  Oct 12, 2020 16:21 I Like It. | Report Abuse Reply 0
I book CAMPS IPO For Rs.103320/-. Aplication no. 86285434. Only 12 share of Rs14760/- alloted. Remaining amount not released in my bank account, I complaint to my bank too but no response from bank. Pls. Do help and suggest me how I get my money.
Thanks & Regards
Deepak reddy
24.1. Deepak reddy  Oct 13, 2020 11:16 I Like It. | Report Abuse 0
Please consult your bank branch.
If consulted what they said.
Akshay
24.2. Akshay  Oct 19, 2020 14:37 I Like It. | Report Abuse 0
Yo should complaint to sebi...
Kirodimal
23. Kirodimal  Oct 10, 2020 07:59 I Like It. | Report Abuse Reply 0
I have applied on Mazdock IPO, Money was successfully blocked by my bank. It was not allotted to me.
Now even the Date of Blocking the money was over, but my money is still blocked by my Bank.
I went to my bank but they told me to talk to the SEBI
Please unblock my money ASAP.
PAN no. -BAXPM8110P
Application no. -- 97600240
Client id - N126105
Sant
23.4. Sant  Oct 14, 2020 08:15 I Like It. | Report Abuse 0
Did u get the money back?
As am in the same situation.
Akshay
23.5. Akshay  Oct 19, 2020 14:34 I Like It. | Report Abuse 0
Same here
Aarchi Jain
22. Aarchi Jain  Oct 17, 2020 16:51 I Like It. | Report Abuse Reply 0
Did anyone here get money back invested in IPO?? I am also facing the same issue
Rajesh
21. Rajesh  Oct 15, 2020 09:29 I Like It. | Report Abuse Reply 0
My Angle broking ipo is not alloted n money is stucked in bank
Yesterday i call my RM u will get contact no of your RM in your online bank account page bank account after contact him i got my money jst now in my bank
Rahul
21.1. Rahul  Oct 15, 2020 22:14 I Like It. | Report Abuse 0
I also applied for angle broking IPO,but not allocated,still after mandate date end,I am not getting my blocked amount .zerodha saying contact to bank and bank saying refund is not intiated.

There is no clarity provided or even not any mail get.
Please provide details so we can get refund our amount.
Deepak
20. Deepak  Oct 10, 2020 08:38 I Like It. | Report Abuse Reply 0
I applied for chemcon ipo not got allotment of shares. Money is still blocked even its money blocking end date was 9 October. How it will unblock please tell me.
Deepak reddy
20.2. Deepak reddy  Oct 13, 2020 11:17 I Like It. | Report Abuse 0
Consult your bank branch bro
Avinash Adhav
20.3. Avinash Adhav  Oct 15, 2020 19:36 I Like It. | Report Abuse 0
Same problem in chemcon
Shikha Bhargava
19. Shikha Bhargava  Oct 15, 2020 12:22 I Like It. | Report Abuse Reply 0
I placed a bit for Mazagon ipo.When I tried to check my status of alloment it shows that record not found.Applicant I'd / Pan no. whatever i mentioned it shows that it record not found.Amount was deducted from my account.Help me with this concern.I am unable to check the status of ipo.Please help me with this problem and refund my money.
Nilesh
18. Nilesh  Oct 10, 2020 09:09 I Like It. | Report Abuse Reply 0
still i have not received CAMS IPO refund . please anyone help.
Deepac John
17. Deepac John  Oct 9, 2020 23:44 I Like It. | Report Abuse Reply 0
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
shriram thote
16. shriram thote  Oct 9, 2020 15:27 I Like It. | Report Abuse Reply 0
I have applied for lot of mazgaon dock. But yesterday got no allotment is there and found that money is refunded to my hdfc ac, but before half an hour got text msg from angel broking that 4lot of mazgaon ipo alloted to me with same application no.
Money still is in my bank ac with unhold status, while checking allotment status in BSE website showing '0' shares allotted to me, unable to contact my broker, somebody pls clear me about the situation that I'll get allotment or not by todat evining...
Aravind Yadav
16.1. Aravind Yadav  Oct 9, 2020 16:19 I Like It. | Report Abuse 0
Same thing happened to me plz kindly help me
Arvind Kumar Maharia
15. Arvind Kumar Maharia  Oct 9, 2020 13:43 I Like It. | Report Abuse Reply 0
Mazagon doc ipo not allotted to me, when will i get my money credit in my account
Patel Ami
14. Patel Ami  Sep 30, 2020 14:19 I Like It. | Report Abuse Reply 0
Chemcon ipo amount kotak bank refund me immediately
Devendra Kumar Sahu
14.1. Devendra Kumar Sahu  Oct 7, 2020 21:57 I Like It. | Report Abuse 0
मुझेमझगांव डॉक का alatment नहीं हुआ मेरा एसबीआई में अकाउंट है 1 लाट का अमाउंट blocked है कितने दिन में रिफंड हो जाएगा
Rupesh arjun gaikwad
13. Rupesh arjun gaikwad  Oct 6, 2020 21:56 I Like It. | Report Abuse Reply 0
I am Rupesh Arjun Gaikwad I apply Route mobile ipo my amount is bolck but shares does not get alloted to me due to over subscription still my amount is not unblock over a 15 day go ipo listing
Demat account no 390986
Pan no BQAPG4927K
Plzz help me and refund my amount
valasaiahgari Rajasekhar Reddy
12. valasaiahgari Rajasekhar Reddy  Oct 6, 2020 14:01 I Like It. | Report Abuse Reply 0
I applied CAMS ipo and this ipo not allocation my account still blocked my amount.
Please unblock my money as early as possible
Prajwal shinde
11. Prajwal shinde  Oct 6, 2020 09:01 I Like It. | Report Abuse Reply 0
I have applied for 3 ipos didnt get any of them,2 ipos revoked money but cams ipo didn't revoked yet
Help me out
Sharmistha sen
10. Sharmistha sen  Oct 6, 2020 00:06 I Like It. | Report Abuse Reply 0
I applied CAMS ipo and this ipo not allocation my account still blocked my amount.
Please unblock my money as early as possible.
Cm marol
9. Cm marol  Oct 2, 2020 12:54 I Like It. | Report Abuse Reply 0
I'm applyed to cams ipo, but not allotment not done, till date lein amount not unblock
ALKA NIGAM
9.1. ALKA NIGAM  Oct 5, 2020 19:51 I Like It. | Report Abuse 0
I have applied for CAMS IPO bit not alloted to me. Still i have not received any refund. What time it takes to refund my money
Nainesh
8. Nainesh  Oct 3, 2020 11:21 I Like It. | Report Abuse Reply 0
I think it's a problem with ICICI.. my money is stuck for 3 IPOs.
Chidambaram
7. Chidambaram  Sep 28, 2020 16:59 I Like It. | Report Abuse Reply 0
Iam unable to subscribe for upcoming ipos since My Money also Blocked by ICICI for IPO subscription of Happiest Minds.
I use Zerodha account. I made Payment via UPI BHIM.

When i spoke with zerodha customer care they said bank is solely responsible.

Then i tried to reach phone banking IVR diverts to credit card section only after a long struggle (spending Rs.45 as call charge) able to reach savings bank account section, he adviced to visit nearest bank as they are operating with minimum strength unable to help now.
Iam writing this on 28-09-2020 Mandate date end for Happiest Minds IPO is 27-09-2020
iam confused will bank return or not ?
delay in payment blocks me from other ipo subscriptions as well.
i have my credit card dues as well .
Kartik
7.2. Kartik  Oct 1, 2020 07:51 I Like It. | Report Abuse 0
I also have the same issue, talked to Zerodha, then icici bank people but they are saying to call npci or kfintech .
I have mailed them too but till now no response. Amount is blocked and today its 1oct and till now , didn't get the refund.
ALEKH PANDEY
7.3. ALEKH PANDEY  Oct 2, 2020 01:54 I Like It. | Report Abuse 0
Hey hi bro even same thing has happened with me why they aren't paying back money of investors what should we do ? contact bank? from which i have applied ipo - my bank is SBI
Joy
6. Joy  Oct 1, 2020 17:38 I Like It. | Report Abuse Reply 0
I applied for 1 lot of Mazgaon dock IPO, i received an sms for 1 lot amount blocked. But from my bank account, it has deducted 2 lots amount
Gaurav Joshi
5. Gaurav Joshi  Oct 1, 2020 14:05 I Like It. | Report Abuse Reply 0
i had put a bid for an ipo and then authorized the payment through upi, then later i deleted the big again but the amount is debited from my account. what should i do???
Yatender Singh
4. Yatender Singh  Sep 30, 2020 12:33 I Like It. | Report Abuse Reply 0
My money blocked in the IPO of happiest mind & Route Mobile has not been credited back into my Indian bank account and the bank reply to me that we are helpless and unable to help you as you applied online. It is almost 15 days my money been held in the bank.

Please advise.
Raghavendra
3. Raghavendra  Sep 28, 2020 09:36 I Like It. | Report Abuse Reply 0
My money blocked in the ipo of happiest mind has not been credited back in to my icici bank after the lock-in period also.
Bhavna
2. Bhavna  Sep 23, 2020 13:12 I Like It. | Report Abuse Reply 0
Did you get allotment of Happstmind
Mukesh soni
1. Mukesh soni  Sep 22, 2020 15:38 I Like It. | Report Abuse Reply 0
Ipo happiness block amount ko unblock karo pleas
Amar Nath Mehreja
1.1. Amar Nath Mehreja  Sep 22, 2020 22:12 I Like It. | Report Abuse 0
My money blocked in the ipo of happiest mind has not been credited back in to my icici bank account no 004301507895
Pl advise








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