What happens if I do not get any shares but my money remains blocked when applying IPO through UPI?

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In case the shares have not been allotted to you and money is not unblocked / reinstated in your account, you may raise a complaint through the UPI App.


46 Comments

Jaideep sajwan
46. Jaideep sajwan  Apr 16, 2021 14:02 I Like It. | Report Abuse Reply 0
My money is still blocked after allotment of nazara technology share. Please help regarding this problem
tripti abbhi
45. tripti abbhi  Apr 10, 2021 14:08 I Like It. | Report Abuse Reply 0
my money is blocked for nazara and bbq nation ipo
pls advise how to unblock
Puneet Garg
44. Puneet Garg  Apr 6, 2021 15:32 I Like It. | Report Abuse Reply 0
Hello friends , my money was also blocked in nazara ipo , easy trip ipo and anupam rasayan IPO . I complaint today and tommorow in bank branch head office through mail or call and our money unblocked within one hour. It is not a work of bank branch but is work of bank branch head office because we apply IPO through system UPI app which is controlled by head office of bank branch.
AD
44.3. AD  Apr 8, 2021 20:11 I Like It. | Report Abuse 0
for my case SBI head office means Mumbai head office or state head office in which i am living .Please answer this
AD
44.4. AD  Apr 9, 2021 09:45 I Like It. | Report Abuse 0
head office means State head office or country head office.For example SBI it is my state head office should i complaint or should i complaint to Mumbai head office.
Varaprasad reddy
43. Varaprasad reddy  Apr 7, 2021 12:49 I Like It. | Report Abuse Reply 0
I also applied for Nazara tec ipo, till day my upi is not unblocked, what option I have, please sahre the solution.i complaint thought mail.but mail delivery is failed.
SHUBHAM GOYAL
42. SHUBHAM GOYAL  Apr 3, 2021 20:33 I Like It. | Report Abuse Reply 0
I also applied for Nazara tec ipo, till day my upi is not unblocked, what option I have, please sahre the solution
Puneet Garg
42.1. Puneet Garg  Apr 6, 2021 15:26 I Like It. | Report Abuse 0
Hlo friends my money was also blocked in nazara ipo , easy trip ipo and anupam rasayan ipo . I complaint today and tommorow in bank branch head office and our money unblocked within one hour.
Santosh
41. Santosh  Apr 3, 2021 12:08 I Like It. | Report Abuse Reply 0
I have also applied Nazara IPO and paid thru Phine pay UPI, as of now i.e 3rd april my money not credited back. Bank say talk to UPI app, and Phone pay says to talk to bank...any one have any solution for this? To whome we need yo contact if any IPO did not reverse the amount?
ankit
40. ankit  Jan 5, 2021 15:28 I Like It. | Report Abuse Reply 0
I didn't receive my mandate money back for both Burger King and Mrs. Bector, I have run to the bank, mailed to all possible nodes, called up all relevant call centre numbers, yet I didn't get my funds unblocked, my bank is SBI and Zerodha broker and UPI app- Google pay. Do you think I should escalate to SEBI?
If anyone has found the solution pl. help me out.
vardharajan kanthe
40.1. vardharajan kanthe  Feb 16, 2021 18:49 I Like It. | Report Abuse 0
Did you get your money back?
Asmita
40.2. Asmita  Mar 26, 2021 21:18 I Like It. | Report Abuse 0
My bank is also sbi, zerodha broker and upi app google pay. Did you get your money back? Mine is blocked too.
Raj
39. Raj  Jan 21, 2021 21:03 I Like It. | Report Abuse Reply 0
I applied 4 times and every time transaction get failed, and my balance get blocked each time..
Now I don't have balance to apply what should do, how can I unblock ??
MOHAMMED MOUEED AHSAN
39.2. MOHAMMED MOUEED AHSAN  Mar 1, 2021 11:44 I Like It. | Report Abuse 0
Same here dear. Did you get back the money.
Pls help if found the solution. I checked the bank but they are asking to check with share broker.
Transaction failed many times but amount blocked from bank account
Praveen
39.3. Praveen  Mar 26, 2021 15:30 I Like It. | Report Abuse 0
Same here dear. Did you get back the money.
Pls help if found the solution.
Dipti Rathod
38. Dipti Rathod  Mar 19, 2021 13:40 I Like It. | Report Abuse Reply 0
I applied IPO of MTAR tech it's not allotted
still my fund is block
bank can't give us satisfied answer
I applied online banking through Andhra bank now Union Bank
Mtar Tech already listed, still Bank don't unblock my fund
give us solution
Saurabh bhosle
38.1. Saurabh bhosle  Mar 20, 2021 06:41 I Like It. | Report Abuse 0
Same thing happen with me mam
What to do next step mam for refund amount unblock
You get solution please tell me
Rakesh
38.2. Rakesh  Mar 24, 2021 09:40 I Like It. | Report Abuse 0
In case of Union Bank of India, write to MADP Monitoring Team on their email id
madp.monitoringteam@unionbankofindia.com

The bank puts an unnecessarily long lien on our amounts resulting in extensively delayed unblocking. You may need to follow up continuously with them until they release it.
Saurabh bhosle
37. Saurabh bhosle  Mar 20, 2021 06:45 I Like It. | Report Abuse Reply 0
Please help me sir for blocked amount unblock kaise kare
SAMPATEL
36. SAMPATEL  Mar 11, 2021 17:25 I Like It. | Report Abuse Reply 0
all are stating problems of UPI .. .error messege UM8 and UM9 but no one is replying that weather their money unblock. Please guide us by what happened in few days ? do any one get their money unlien or still its blocked ??
Selvaraj
36.1. Selvaraj  Mar 18, 2021 23:16 I Like It. | Report Abuse 0
Same problem pls help me bro
Abhiraj Karki
35. Abhiraj Karki  Mar 4, 2021 20:03 I Like It. | Report Abuse Reply 0
i applied for hernaba ipo but did not get alloted and my blocked amount was released on the allotment day that was 2nd march but on 3rd march again my amount was blocked could anyone help me?
TechnoFunda
35.3. TechnoFunda  Mar 10, 2021 11:45 I Like It. | Report Abuse 0
Facing same issue. Pls help
JAGDEEP
35.4. JAGDEEP  Mar 16, 2021 12:10 I Like It. | Report Abuse 0
Same is here for heranba ipo.
Vilas Bhoje
34. Vilas Bhoje  Mar 12, 2021 17:48 I Like It. | Report Abuse Reply 0
UPI MANDATE RS.14950/- NOT CANCELLED DUT TO UM8, PLS HELP ME HOW SHALL I RELEASE MY MONEY FROM HOLDING.MY BANK IS HDFC BANK,
ZERODHA BROKAREGE, UPI GOGOOLE PAY.
Aditi
34.2. Aditi  Mar 13, 2021 11:39 I Like It. | Report Abuse 0
Same has happened with me..did you got the solution for it?
Sambi
34.3. Sambi  Mar 14, 2021 14:35 I Like It. | Report Abuse 0
Hi,
We are also facing same issue. Please let me know how to resolve the problem.
Mahesh
33. Mahesh  Jan 27, 2021 17:21 I Like It. | Report Abuse Reply 0
Upi mandate could not be cancelled due UM9
uday
33.4. uday  Feb 3, 2021 21:58 I Like It. | Report Abuse 0
same problem, please let me know if it's resolved.
Thank you
Ranjith
33.5. Ranjith  Mar 11, 2021 07:24 I Like It. | Report Abuse 0
Is this resolved???
I'm also having same issue
Hitesh
32. Hitesh  Mar 5, 2021 22:59 I Like It. | Report Abuse Reply 0
i cancelled heranba ltd ipo but money is still blocked.My bank says raise a complaint to upi and gpay care says vice-versa.Don’t know where to complaint finally as i have applied 3 lots and my money still blocked.
Shravan Kumar
32.1. Shravan Kumar  Mar 6, 2021 12:07 I Like It. | Report Abuse 0
Same problem is here.If you have any solution please tell me.
Malik
31. Malik  Feb 28, 2021 06:23 I Like It. | Report Abuse Reply 0
Message received: UPI-Mandate could not be revoked. MANDATE SIGNATURE IS TAMPERED OR CORRUPT (REMITTER) Could anyone help me. I'm desperate and it's an emergency.
Prashant
30. Prashant  Sep 24, 2020 00:47 I Like It. | Report Abuse Reply 0
Message received: UPI-Mandate could not be revoked. MANDATE SIGNATURE IS TAMPERED OR CORRUPT (REMITTER)
Malik
30.2. Malik  Feb 26, 2021 10:38 I Like It. | Report Abuse 0
Hey I've got the same message. Did you get your refund or not. Let me know...please
Malik
30.3. Malik  Feb 28, 2021 06:21 I Like It. | Report Abuse 0
Hi Prashant, Please let me know what happened next. I too got the same message. I'm desperate. did you get your refund back or not.
DARPIT AMIN
29. DARPIT AMIN  Feb 25, 2021 15:02 I Like It. | Report Abuse Reply 0
Same happens to me I also got message for ipo I cancelled then,I approve mandate now my funds are blocked do check please
Husain karimbhai piplodwala
28. Husain karimbhai piplodwala  Feb 24, 2021 11:05 I Like It. | Report Abuse Reply 0
Same happens to me I also got message for ipo I cancelled then,I approve mandate now my funds are blocked do check please
Milind
27. Milind  Feb 16, 2021 20:19 I Like It. | Report Abuse Reply 0
I also facing the same problem of block amount for stovekraft IPO still the amount is not unblocked n credit to my account
Vikas kumar
26. Vikas kumar  Jan 11, 2021 18:10 I Like It. | Report Abuse Reply 0
Money blocked on account for antony waste ipo has not been released and ipo mandate date has ended on 9.01.2021. When money will be unblocked
Manish
26.1. Manish  Jan 21, 2021 22:15 I Like It. | Report Abuse 0
Bhai money unblock ho gya aapka ipo ka?
Rahul Ahuja
26.2. Rahul Ahuja  Feb 8, 2021 12:06 I Like It. | Report Abuse 0
Hii, Vikash

Plz Tell, is your blocked amount released or not??

If Yes, in How many days??
Rishabh Patidar
25. Rishabh Patidar  Jan 26, 2021 01:09 I Like It. | Report Abuse Reply 0
I have applied for Homefirst ipo but i did not get mandate request then i hv canceled ipo request...after cancelation of ipo i got mandate request....but mistakenly i approved that request and amount blocked now...so i want to unblocked that amount to reapply to new ipo..please help...
Pardeep Bansal
25.1. Pardeep Bansal  Jan 28, 2021 10:18 I Like It. | Report Abuse 0
What to do now Yaar mere Sath BHI Aisa hi hua hai
Sumanth
25.2. Sumanth  Feb 2, 2021 18:14 I Like It. | Report Abuse 0
Mera saat bhi yahi hua..any solution??
Vani
24. Vani  Jan 20, 2021 21:58 I Like It. | Report Abuse Reply 0
I have applied for indigo paints ipo but i did not get mandate request then i hv canceled ipo request...after cancelation of ipo i got mandate request....but mistakenly i approved that request and amount blocked now...so i want to unblocked that amount to reapply to new ipo..please help...
Rishabh Patidar
24.7. Rishabh Patidar  Jan 26, 2021 01:07 I Like It. | Report Abuse 0
If any solution come please inform me also
PURNIMA
24.8. PURNIMA  Jan 29, 2021 08:05 I Like It. | Report Abuse 0
Dear mere sath bhi aise hi hua hai. Koi solution mile to plz batao
Shubham
23. Shubham  Dec 15, 2020 15:16 I Like It. | Report Abuse Reply 0
I have used google pay to accept payment
now i cant see the transaction nor mentioning of blocked ammount
ROHIT SHARMA
23.1. ROHIT SHARMA  Jan 27, 2021 13:56 I Like It. | Report Abuse 0
HAVE U GOT YOUR MONEY BACK
Nainesh Mehta
22. Nainesh Mehta  Jan 21, 2021 21:03 I Like It. | Report Abuse Reply 0
I have applied for irfc and indigo paint IPO status show that request accept by sponsor bank but amount yet not blocked in my account don't know to whom I have to talk bank says they don't receive any requests and broker says we have completed our duty didn't get what to do? If anyone having idea please suggest
Nilesh Kumar
22.1. Nilesh Kumar  Jan 21, 2021 23:20 I Like It. | Report Abuse 0
Same happened with me bro. Is it showing now the amount which has been been blocked??
Vivek
22.2. Vivek  Jan 23, 2021 17:18 I Like It. | Report Abuse 0
Mere saath to ulta ho rha hai....irfc ka mandate approved to kr diya....money block bhi ho gya...bt status check kr rha hu...to TO BE PROCESSED dikha rha hai....kya kru
Pallavi
21. Pallavi  Oct 6, 2020 00:37 I Like It. | Report Abuse Reply 0
My order request status show cancelled..but my amount is not unblock now.. how to i get my money back
.and when
Shivam
21.1. Shivam  Dec 4, 2020 19:04 I Like It. | Report Abuse 0
If your problem is resolved please guide me for the same.
Vaibhav
21.2. Vaibhav  Jan 23, 2021 02:02 I Like It. | Report Abuse 0
Same
Neha
20. Neha  Oct 21, 2020 01:13 I Like It. | Report Abuse Reply 0
I am having the same issue: applied for mazedock, but it shows no records found. The bid has closed but the amount is still blocked. If anyone gets an answer, please let us know too.
Umesh Sharma
20.1. Umesh Sharma  Jan 21, 2021 17:23 I Like It. | Report Abuse 0
koi sunne wala nhi, mera UTI me fasa hai , sab jagah kosis kar liya, abhi bhi block hai
Sandeep Prabhakar
20.2. Sandeep Prabhakar  Jan 22, 2021 15:30 I Like It. | Report Abuse 0
Contact your RM
Rahul Konduskar
19. Rahul Konduskar  Jan 20, 2021 15:05 I Like It. | Report Abuse Reply 0
I have bought IRFC ipo but my application has failed although my 15000 rupees are debited from account so I want refund my money...my application no 1771e1048bd16328
Vikas kumar
18. Vikas kumar  Jan 11, 2021 18:18 I Like It. | Report Abuse Reply 0
Upi mandate date ended on 9.01.2021 for antony waste ipo but yet now money is not unblocked .when will the money be unblocked.
Sudhanshu Choudhury
17. Sudhanshu Choudhury  Nov 25, 2020 08:56 I Like It. | Report Abuse Reply 0
I have bought gland fharma ipo but my application has failed although my 15000 rupees are debited from account so I want refund my money...my application no-80109150 and order no-2020110900019544
Mohan Kumar
17.1. Mohan Kumar  Dec 23, 2020 02:39 I Like It. | Report Abuse 0
Refund aaya Apka??
avesh
17.2. avesh  Jan 5, 2021 12:15 I Like It. | Report Abuse 0
kitne dino me refund aaya antonywest me mera amount bhi abhi tak unblock nahi huaa hai
Santosh
16. Santosh  Dec 29, 2020 21:26 I Like It. | Report Abuse Reply 0
For burger king ipo. Not alloted the shares to ??

Still in my axisbank bhim upi it is under block amt
What should i do.
Sagar
15. Sagar  Dec 24, 2020 14:01 I Like It. | Report Abuse Reply 0
Just write a requisition letter to ur bank branch manager saying to release the lein amount
This will definitely solve ur issue
Parimal chaudhari
14. Parimal chaudhari  Dec 22, 2020 17:23 I Like It. | Report Abuse Reply 0
I have not allot burger king ipo still money not unblock yet ...kya karna hoga
JR
13. JR  Dec 14, 2020 23:53 I Like It. | Report Abuse Reply 0
Mere 15000 I.P.O. Me Block Hai. But Share Allotment Nahi Hua. Aur Abhi Bhim App Vale Sunte Nahi. S.B.I. Bank Vale Bolte Hai Ki Burger King Ko Complaint Karo. Unki Koi Helpline Nahi Hai. Broker Koi Call Nahi Utha Rahe. Ab Kya Karu Bhai Log..! Kis Ke Pass Jau..?
Aashish
13.1. Aashish  Dec 18, 2020 08:38 I Like It. | Report Abuse 0
Helpline No: burgerking.ipo@linkintime.co.in
Phone:      022 4918 6200
Ashish Marwaha
12. Ashish Marwaha  Dec 15, 2020 17:37 I Like It. | Report Abuse Reply 0
My 15000 is still blocked what is doing SEBI ?

It must be relised within 2 days
Chandrakant
11. Chandrakant  Dec 11, 2020 19:58 I Like It. | Report Abuse Reply 0
For burger king ipo. Not alloted the shares to मी

Still in my axisbank bhim upi it is under block amt
What should i do.
App is not allowing me to cancel bid
Raj
11.7. Raj  Dec 14, 2020 17:18 I Like It. | Report Abuse 0
same issue. please bro. please help me. i need that money. my EMI is due now.
VINEET
11.8. VINEET  Dec 15, 2020 12:13 I Like It. | Report Abuse 0
Same here man.. I wanna apply for another IPO and my money is still blocked.
Prabhat
10. Prabhat  Sep 30, 2020 13:43 I Like It. | Report Abuse Reply 0
Hi I have accepted the upi mandate and amount block but in applications status it is still showing amount block none almost 24 hour waited but still status is same
Chandu
10.1. Chandu  Dec 7, 2020 15:20 I Like It. | Report Abuse 0
How your accepted the upi mandate
Susobhan
9. Susobhan  Dec 3, 2020 22:59 I Like It. | Report Abuse Reply 0
Bhai did anyone received your money back..pls text me..i m worried...
Rejaul Karim
8. Rejaul Karim  Oct 23, 2020 17:38 I Like It. | Report Abuse Reply 0
My likhita ipo amount is still block.
Amit
7. Amit  Oct 1, 2020 21:04 I Like It. | Report Abuse Reply 0
I have applied for likhitha infra IPO through online banking My amount is showing in blocked state in my account . But in allotment status I am getting No records found . Pls reply what to do
prabhat
7.1. prabhat  Oct 8, 2020 15:26 I Like It. | Report Abuse 0
how you get the refund because i am facing the same issue in mazagaon dock ipo
Rejaul Karim
7.2. Rejaul Karim  Oct 21, 2020 19:24 I Like It. | Report Abuse 0
I am facing same issue of likhita ipo. Amount is still blocked now.
Vasudeva Shet
6. Vasudeva Shet  Oct 9, 2020 07:35 I Like It. | Report Abuse Reply 0
My order of mazagon request status shows failed to Apply in mandate but my amount is blocked now.
How to i get my money back
rhythm
6.2. rhythm  Oct 20, 2020 18:47 I Like It. | Report Abuse 0
Sir, did you got our amount back?
Amandeep
6.3. Amandeep  Oct 20, 2020 21:44 I Like It. | Report Abuse 0
My amount also still blocked.
Have you received your's ?
Jinu raj
5. Jinu raj  Oct 16, 2020 17:02 I Like It. | Report Abuse Reply 0
I have applied for Angel broking and CAMS IPO through bhim upi mandate. Amount status is still blocked. Please suggest me in this case what would i do.
ANkur
4. ANkur  Sep 30, 2020 18:12 I Like It. | Report Abuse Reply 0
I have applied for CHemcon IPO through UPI Manadate . My amount is showing in blocked state in my account . But in allotment status I am getting No records found . I do not see shares in my Demat account and amount is also showing in blocked state .
Arvind Kshirsagar
4.2. Arvind Kshirsagar  Oct 10, 2020 07:07 I Like It. | Report Abuse 0
I applied for CAMS , I didn't get any shares . But my mandate is still not revoked.
Naveen Sethia
4.3. Naveen Sethia  Oct 11, 2020 16:08 I Like It. | Report Abuse 0
Brother,what action you have taken please suggest as I amfavimg same issue.
Pinkesh Khatri
3. Pinkesh Khatri  Sep 30, 2020 20:27 I Like It. | Report Abuse Reply 0
I am not able to process payment through Bhim app. So, I have cancelled ipo request and re generated but 2 payment see in bhim app and by mistake approve both request. One is live and one is cancelled. So how can get back money?
Prabhakar
2. Prabhakar  Sep 21, 2020 15:39 I Like It. | Report Abuse Reply 0
Then by what time the route ipo funds will get unblocked
Mayur
1. Mayur  Sep 16, 2020 12:57 I Like It. | Report Abuse Reply 0
Shares have not been allotted to me. What is timeline by which amount will be unblocked in my account. Will it be blocked till UPI mandate end date even though allocation is zero?
Somesh
1.1. Somesh  Sep 18, 2020 10:18 I Like It. | Report Abuse 0
Same here bro, but i have recieved a message saying, "Hello! UPI Mandate could not be revoked."


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 by mistake decline the UPI collect request to block funds for IPO?
  18. What if I do not want to proceed with the UPI IPO application? Can I withdraw my bid?
  19. What if I get a technical error on the UPI App while accepting the IPO request?
  20. Will I be notified when the bid is successfully placed for IPO using UPI?
  21. What happens if I don't get a blocking request from the broker on the UPI id entered in the application form?
  22. What if I input wrong UPI PIN while authorizing the request from IPO?
  23. Can I modify/cancel an IPO request made using UPI by visiting my bank branch?
  24. Is there any timeline by which I need to act upon the block request from UPI for IPO?
  25. How do I know that the UPI block request from IPO is not fraudulent?
  26. What if my amount is blocked twice for a single IPO request using UPI?
  27. What happens if I deregister from the UPI App after accepting the IPO request?
  28. What happens if I do not have sufficient balance in my bank account while accepting the IPO blocking request through UPI?
  29. Can I use the same UPI PIN for accepting the IPO block request?
  30. How many times do I need to input UPI PIN for creating and processing the IPO block request?
  31. To whom should I approach if I have some issues with the IPO block request, my bank or my broker?
  32. How do I know if my bank is providing IPO services through UPI?
  33. Can I modify the bid quantity, price, block amount, etc., when I UPI receive a block request for IPO?
  34. Till what time I can authorize the modification UPI request for IPO?
  35. Till when can I revoke an IPO mandate request through UPI?
  36. What does revoking an IPO request through UPI mean?
  37. What happens if revoking of an IPO though UPI fails due to technical error?
  38. What happens if I get partial allotment for IPO applications through UPI? Will my money be unblocked for the remaining shares?
  39. What are the steps in UPI IPO process in India?
  40. How do I get the UPI ID for a Minor Account?
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