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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 ?

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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.

answered


91 Comments

41. Mukesh Choudhary   I Like It. |Report Abuse|  Link|April 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
40. Nandan ghosh   I Like It. |Report Abuse|  Link|April 1, 2021 8:06:37 PMReply
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
39. RAJESH CHAUHAN   I Like It. |Report Abuse|  Link|February 15, 2021 1:54:10 PMReply
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
39.1. Madhavan   I Like It. |Report Abuse|  Link|March 2, 2021 5:41:08 PM
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
38. RAHUL YADAV   I Like It. |Report Abuse|  Link|February 6, 2021 8:57:26 PMReply
Please tell me how many days it take to get refund if IPO is not ALLOTED.
38.1. Ajay   I Like It. |Report Abuse|  Link|February 8, 2021 2:03:07 PM
Bro did you received your money
38.2. Chinta Srinivasa Rao   I Like It. |Report Abuse|  Link|February 28, 2021 3:11:47 PM
Shares not allotted me,but online IPO I can,t receive return amount to me.How many days I waited for return money
37. SURAJ BHANDARI   I Like It. |Report Abuse|  Link|February 7, 2021 9:23:18 AMReply
My Burger King Ipo Money Still Not Refunded Please Help Me
36. amit   I Like It. |Report Abuse|  Link|December 30, 2020 11:51:24 AMReply
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
36.1. Rajesh rana   I Like It. |Report Abuse|  Link|January 5, 2021 3:26:04 PM
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
36.2. Priyanka Gupta   I Like It. |Report Abuse|  Link|January 18, 2021 7:43:18 PM
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
35. Bhupesh   I Like It. |Report Abuse|  Link|January 11, 2021 10:36:26 AMReply
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
35.1. Bhupendra mahavir singh   I Like It. |Report Abuse|  Link|January 12, 2021 8:56:39 PM
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back please help &sagetion me?
34. himanshu   I Like It. |Report Abuse|  Link|January 5, 2021 10:49:20 AMReply
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
34.1. Rajesh rana   I Like It. |Report Abuse|  Link|January 5, 2021 3:20:08 PM
How can I get refund of Mrs. Bector foods ipo
34.2. Rajesh rana   I Like It. |Report Abuse|  Link|January 5, 2021 3:23:09 PM
I had applied for 1 lot antony IPO. I was not alloted. I had not recived my money back although shares are listed now.
33. Sanjay Kumar   I Like It. |Report Abuse|  Link|December 29, 2020 9:34:34 AMReply
Burger king India IPO not allotted App.no. 80420554. Money not refund my account. Please refund my money.
32. Sonal Shah   I Like It. |Report Abuse|  Link|December 28, 2020 3:52:51 PMReply
My money is blocked 3 times in mrs.bector foods.and I have no refund my money till toody.
31. Mukesh soni   I Like It. |Report Abuse|  Link|September 22, 2020 3:34:53 PMReply
Ipo happiness block amount ko unblock karo pleas
31.1. Aadil Warsi   I Like It. |Report Abuse|  Link|December 28, 2020 3:01:14 AM
Get your refund or not?
30. Mahesh   I Like It. |Report Abuse|  Link|October 15, 2020 2:55:05 PMReply
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
30.1. Akshay   I Like It. |Report Abuse|  Link|October 19, 2020 2:33:08 PM
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..
30.2. Aadil warsi   I Like It. |Report Abuse|  Link|December 28, 2020 2:52:30 AM
Is your issue resolved or not?
29. A   I Like It. |Report Abuse|  Link|December 25, 2020 4:29:15 AMReply
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?
28. Samyak   I Like It. |Report Abuse|  Link|December 23, 2020 7:33:50 AMReply
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?
28.1. Milan   I Like It. |Report Abuse|  Link|December 23, 2020 10:46:11 AM
Did u got your unblocked?
28.2. kartik chhaparia   I Like It. |Report Abuse|  Link|December 23, 2020 12:19:50 PM
Same my amount is also blocked.
27. kulwant singh   I Like It. |Report Abuse|  Link|October 20, 2020 4:33:28 PMReply
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.
27.2. Raju Chavan   I Like It. |Report Abuse|  Link|November 6, 2020 4:19:37 PM
Same my amount is also not released of cams
27.3. Manan Jain   I Like It. |Report Abuse|  Link|December 13, 2020 11:59:59 PM
same issue
how did u get ur solution
26. Manoj   I Like It. |Report Abuse|  Link|November 3, 2020 9:45:56 AMReply
Still my money is blocked in cams or mazagon dock ipos plss solve my problem as soon as.
25. Vish   I Like It. |Report Abuse|  Link|October 20, 2020 10:29:10 AMReply
still i have not received MAZDOCK IPO refund . please anyone help.
25.1. sai prasanth   I Like It. |Report Abuse|  Link|October 21, 2020 3:02:30 PM
Even i also did not get the refund amount for mazdock. I used google pay
25.2. Sudheer G   I Like It. |Report Abuse|  Link|October 21, 2020 4:21:18 PM
My self didy recieved,. Waiting for the amont to untrreze
24. Sudheer G   I Like It. |Report Abuse|  Link|October 21, 2020 4:20:16 PMReply
Still I haven't received my freezed amount,
23. Ajay Kumar Singh   I Like It. |Report Abuse|  Link|October 20, 2020 1:39:56 PMReply
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.
22. Aarti Joshi   I Like It. |Report Abuse|  Link|October 12, 2020 4:21:54 PMReply
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
22.1. Deepak reddy   I Like It. |Report Abuse|  Link|October 13, 2020 11:16:35 AM
Please consult your bank branch.
If consulted what they said.
22.2. Akshay   I Like It. |Report Abuse|  Link|October 19, 2020 2:37:03 PM
Yo should complaint to sebi...
21. Kirodimal   I Like It. |Report Abuse|  Link|October 10, 2020 7:59:02 AMReply
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
21.4. Sant   I Like It. |Report Abuse|  Link|October 14, 2020 8:15:09 AM
Did u get the money back?
As am in the same situation.
21.5. Akshay   I Like It. |Report Abuse|  Link|October 19, 2020 2:34:49 PM
Same here
20. Aarchi Jain   I Like It. |Report Abuse|  Link|October 17, 2020 4:51:09 PMReply
Did anyone here get money back invested in IPO?? I am also facing the same issue
19. Rajesh   I Like It. |Report Abuse|  Link|October 15, 2020 9:29:09 AMReply
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
19.1. Rahul   I Like It. |Report Abuse|  Link|October 15, 2020 10:14:47 PM
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.
18. Deepak   I Like It. |Report Abuse|  Link|October 10, 2020 8:38:42 AMReply
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.
18.2. Deepak reddy   I Like It. |Report Abuse|  Link|October 13, 2020 11:17:56 AM
Consult your bank branch bro
18.3. Avinash Adhav   I Like It. |Report Abuse|  Link|October 15, 2020 7:36:36 PM
Same problem in chemcon
17. Shikha Bhargava   I Like It. |Report Abuse|  Link|October 15, 2020 12:22:06 PMReply
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.
16. Nilesh   I Like It. |Report Abuse|  Link|October 10, 2020 9:09:56 AMReply
still i have not received CAMS IPO refund . please anyone help.
15. shriram thote   I Like It. |Report Abuse|  Link|October 9, 2020 3:27:22 PMReply
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...
15.1. Aravind Yadav   I Like It. |Report Abuse|  Link|October 9, 2020 4:19:25 PM
Same thing happened to me plz kindly help me
14. Arvind Kumar Maharia   I Like It. |Report Abuse|  Link|October 9, 2020 1:43:50 PMReply
Mazagon doc ipo not allotted to me, when will i get my money credit in my account
13. Patel Ami   I Like It. |Report Abuse|  Link|September 30, 2020 2:19:44 PMReply
Chemcon ipo amount kotak bank refund me immediately
13.1. Devendra Kumar Sahu   I Like It. |Report Abuse|  Link|October 7, 2020 9:57:15 PM
मुझेमझगांव डॉक का alatment नहीं हुआ मेरा एसबीआई में अकाउंट है 1 लाट का अमाउंट blocked है कितने दिन में रिफंड हो जाएगा
12. valasaiahgari Rajasekhar Reddy   I Like It. |Report Abuse|  Link|October 6, 2020 2:01:11 PMReply
I applied CAMS ipo and this ipo not allocation my account still blocked my amount.
Please unblock my money as early as possible
11. Prajwal shinde   I Like It. |Report Abuse|  Link|October 6, 2020 9:01:34 AMReply
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
10. Sharmistha sen   I Like It. |Report Abuse|  Link|October 6, 2020 12:06:09 AMReply
I applied CAMS ipo and this ipo not allocation my account still blocked my amount.
Please unblock my money as early as possible.
9. Cm marol   I Like It. |Report Abuse|  Link|October 2, 2020 12:54:34 PMReply
I'm applyed to cams ipo, but not allotment not done, till date lein amount not unblock
9.1. ALKA NIGAM   I Like It. |Report Abuse|  Link|October 5, 2020 7:51:37 PM
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
8. Nainesh   I Like It. |Report Abuse|  Link|October 3, 2020 11:21:19 AMReply
I think it's a problem with ICICI.. my money is stuck for 3 IPOs.
7. Chidambaram   I Like It. |Report Abuse|  Link|September 28, 2020 4:59:10 PMReply
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 .
7.2. Kartik   I Like It. |Report Abuse|  Link|October 1, 2020 7:51:12 AM
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.
7.3. ALEKH PANDEY   I Like It. |Report Abuse|  Link|October 2, 2020 1:54:43 AM
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
6. Joy   I Like It. |Report Abuse|  Link|October 1, 2020 5:38:16 PMReply
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
5. Gaurav Joshi   I Like It. |Report Abuse|  Link|October 1, 2020 2:05:24 PMReply
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???
4. Yatender Singh   I Like It. |Report Abuse|  Link|September 30, 2020 12:33:49 PMReply
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.
3. Raghavendra   I Like It. |Report Abuse|  Link|September 28, 2020 9:36:04 AMReply
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.
2. Bhavna   I Like It. |Report Abuse|  Link|September 23, 2020 1:12:53 PMReply
Did you get allotment of Happstmind
1. Mukesh soni   I Like It. |Report Abuse|  Link|September 22, 2020 3:38:48 PMReply
Ipo happiness block amount ko unblock karo pleas
1.1. Amar Nath Mehreja   I Like It. |Report Abuse|  Link|September 22, 2020 10:12:11 PM
My money blocked in the ipo of happiest mind has not been credited back in to my icici bank account no 004301507895
Pl advise