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How do I get my money back from an IPO?

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You can recover money from an IPO by either canceling the IPO (applicable for RII's), selling IPO shares when listed, or waiting for refund initiation if no allotment is made.

  • If you wish to withdraw your IPO application, you may do so until the IPO closes. If you're a retail investor, you can withdraw or cancel your IPO application and get your money back.
  • You can sell the allotted shares (if applicable) after listing to get your investment back.
  • If you didn't receive the allotment, simply wait for the funds to get unblocked from your account.

2 Comments

2. Akhilesh Aggarwal   I Like It. |Report Abuse|  Link|August 21, 2024 12:29:17 AMReply
I have not received refund amount of unicomerce and brainbees IPO. What should I do. Please advise.
1. Santosh Bhaorao Bokhare   I Like It. |Report Abuse|  Link|December 20, 2023 8:24:11 AMReply
IPO NOT ALLOCATED AND AMOUNT NOT REFUND