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What if I by mistake decline the UPI collect request to block funds for IPO?

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In case the collect request is erroneously declined by you, the transaction will be declined and you will have to initiate a fresh request again. The transaction can be re-initiated by approaching the intermediary where your bid cum application form has been submitted.


4 Comments

4. Rajesh Sharma  Oct 4, 2020 21:10 I Like It. | Report Abuse Reply
Dear All,
I had mistakly done a UPI Mandate with icici to my Axis upi ID and due to this my amount is blocked. It has been 3 months approx. I contact with bank but no solution. My amount is still blocked. There is showing 4 expired mandate and one rejected.
Now how can I get my money back.
Please help
4.1. Sachet  Aug 7, 2021 00:34 I Like It. | Report Abuse
You got any solution?
3. Nitesh Hapaliya  Mar 18, 2021 11:28 I Like It. | Report Abuse Reply
i cancelled ipo request in sharekhan due to upi authentication failed inspite of amout is blocked so what should i do?
2. Anchal goel  Mar 3, 2020 20:19 I Like It. | Report Abuse Reply
I have filled ipo through Bhim upi but I m not confirmed whether it is filled or not
2.1. Jai Singh  Mar 12, 2021 15:34 I Like It. | Report Abuse
I applied for IPO of MTAR. I change my upi I'd for one day. My block money is still remain block. Please help me for unblock, give me guidelines, what can I do. I used Google pay app.
1. Saurabh punera  Dec 24, 2020 15:58 I Like It. | Report Abuse Reply
Can ipo resend me upi requst. I mistakly click later on upi requst. my upi app not showing me this option .
1.1. Shoukath  Jan 22, 2021 18:16 I Like It. | Report Abuse
Can ipo resend me upi requst. my upi app not showing me this option


Find more questions on this topic

  1. What is UPI?
  2. What is UPI PIN?
  3. What is UPI in IPO?
  4. How many applications we can bid for an IPO through UPI from one account (according to the new rule of SEBI)?
  5. What happens when an IPO request through IPO has expired?
  6. Will the net banking based ASBA process for IPO completely stop after UPI phase 1?
  7. How does UPI help me?
  8. What is VPA (UPI PIN, UPI ID or UPI Code)?
  9. How do I open UPI Account? How do I register to UPI?
  10. How to use UPI with ICICI Bank?
  11. From when can I use UPI as a payment option in IPO?
  12. Can I submit the IPO application with UPI with my broker?
  13. Up to what limit a retail investor can I apply for an IPO in UPI?
  14. What if my bank is not providing UPI service for IPO?
  15. How do I select UPI as the payment option while applying for IPO?
  16. Can I use third party UPI ID or a third party bank account for making payment in IPO?
  17. What if I do not want to proceed with the UPI IPO application? Can I withdraw my bid?
  18. What if I get a technical error on the UPI App while accepting the IPO request?
  19. Will I be notified when the bid is successfully placed for IPO using UPI?
  20. What happens if I don't get a blocking request from the broker on the UPI id entered in the application form?
  21. What if I input wrong UPI PIN while authorizing the request from IPO?
  22. Can I modify/cancel an IPO request made using UPI by visiting my bank branch?
  23. Is there any timeline by which I need to act upon the block request from UPI for IPO?
  24. How do I know that the UPI block request from IPO is not fraudulent?
  25. What if my amount is blocked twice for a single IPO request using UPI?
  26. What happens if I deregister from the UPI App after accepting the IPO request?
  27. What happens if I do not have sufficient balance in my bank account while accepting the IPO blocking request through UPI?
  28. Can I use the same UPI PIN for accepting the IPO block request?
  29. How many times do I need to input UPI PIN for creating and processing the IPO block request?
  30. To whom should I approach if I have some issues with the IPO block request, my bank or my broker?
  31. How do I know if my bank is providing IPO services through UPI?
  32. Can I modify the bid quantity, price, block amount, etc., when I UPI receive a block request for IPO?
  33. Till what time I can authorize the modification UPI request for IPO?
  34. Till when can I revoke an IPO mandate request through UPI?
  35. What does revoking an IPO request through UPI mean?
  36. What happens if revoking of an IPO though UPI fails due to technical error?
  37. What happens if I get partial allotment for IPO applications through UPI? Will my money be unblocked for the remaining shares?
  38. What happens if I do not get any shares but my money remains blocked when applying IPO through UPI?
  39. What are the steps in UPI IPO process in India?
  40. How do I get the UPI ID for a Minor Account?