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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.


159 Comments

109. Mahesh Agarwal   I Like It. |Report Abuse|  Link|December 22, 2021 7:45:49 PMReply
I had applied in ABSLAMC on 29 Sept.21 through BHIM app.still my amount is not unblocked.my bank is AXIS .Pl adviSe what should I do.pl.guide I m new for BHIMA APP.is there any link for unblocking of funds.
108. Amarjit   I Like It. |Report Abuse|  Link|December 18, 2021 2:47:35 PMReply
My money is still in block (bank : sbi) mapmyindia What i can do ?
108.5. master   I Like It. |Report Abuse|  Link|December 21, 2021 8:41:12 AM
me too facing same problem
108.6. Bhushan   I Like It. |Report Abuse|  Link|December 21, 2021 9:48:51 AM
Me too. I just called the SBI, Phonepe and Linkintime. They all said that there is a technical issue with the bank due to which the funds are still blocked. The phonepe guy told me to wait for 5 days from the date of allotment.

If this doesn't work then in your UPI mandate there is an end date by which the autopay will automatically get cancelled and then the money will be unblocked.
107. amina   I Like It. |Report Abuse|  Link|December 17, 2021 9:00:15 PMReply
My money is still in block (bank : sbi , UPI app : google pay) , but refund and allotment and listing were already over for rategain ipo

What i can do ?
106. Rudra Narayan Rautray   I Like It. |Report Abuse|  Link|July 22, 2021 12:06:21 PMReply
I had applied an ipo in clean science on 9th july but ipo mandate going unsccessful and money hold by bank . My money have not refund till yet .
106.4. Deepak. M   I Like It. |Report Abuse|  Link|July 29, 2021 5:53:39 PM
Same for me also while applying GR infrastructure, the payment got failed and I still not received the amount.
I called bank and broker, both are blaming each other. Don't know what to do
Can anyone help regarding this.
106.5. PRACHI KAMBOJ   I Like It. |Report Abuse|  Link|September 5, 2021 10:39:12 PM
This same happened to me.. bank only saying the file for an application send mail to address which never works. I am tired of contacting customer service nobody know what to do . Please someday if have gone through the same problem and resolve it please do tell us
105. Kailash Gaikwad   I Like It. |Report Abuse|  Link|September 5, 2021 10:24:11 AMReply
My glenmark life science ipo refund not received yet please help
105.1. Arpita Jain   I Like It. |Report Abuse|  Link|November 22, 2021 6:01:57 PM
Have you got the amount back?? Same happened to me, my broker is angel broking. The amount got blocked from axis bank and order is showing cancelled on angel broking app. I don't know why such pathetic service to customers.
105.2. Harshita   I Like It. |Report Abuse|  Link|November 26, 2021 11:41:21 AM
Same things happened to me twice. Did anyone get the solution for this? I have called to customer care of gpay, zerodha and hdfc multiple times. But all of them just keep putting the blame on each other. Never thought this would also become like a government office.
If anyone has found any solution please help
104. anitha   I Like It. |Report Abuse|  Link|November 19, 2021 1:52:09 PMReply
I applied for NYKAA. I didn’t receive the amount and in bank server amount is not available in lien as well. Kindly help
103. Rishabh Jain   I Like It. |Report Abuse|  Link|August 23, 2021 12:34:47 PMReply
My amount for devyani international ipo is still blocked. Please help me in this regard
103.5. Abhishek   I Like It. |Report Abuse|  Link|November 8, 2021 6:59:34 PM
did your money unblocked??
103.6. Roshan   I Like It. |Report Abuse|  Link|November 18, 2021 1:28:33 PM
I applied for NYKAA. I didn’t receive the amount and in bank server amount is not available in lien as well. Kindly help
102. SUNIL KUSHWAH   I Like It. |Report Abuse|  Link|November 16, 2021 8:50:06 PMReply
I was applied for sigachi ipo but my amount still not get unblocked. Plz help what to do.
102.1. Pulkit Gupta   I Like It. |Report Abuse|  Link|November 16, 2021 8:55:15 PM
Same
101. DEVENDRA GUPTA   I Like It. |Report Abuse|  Link|November 15, 2021 6:18:45 PMReply
I have applied for Sigachi IPO. I have not get the allotment but amount is not refunded still now.

DP Client ID : 1203320040099714
Application BID No.: 95127259

what we do??
Please Help...

100. Ashoke kumar Jana   I Like It. |Report Abuse|  Link|November 5, 2021 2:39:20 PMReply
I Ashoke kumar Jana &Sagnik jana, my son holding two demat a/c,being operated from a joint SBI a/c.As per Ipo application no 80245461&80245937 two lot of ABSLAMC has been credited to our desperate demat a/c and ₹14240×2 has been debited from our joint SBI a/c no30834425149 ,but extra amount ₹14240 still blocked.pl un blok the amunt
99. Arun   I Like It. |Report Abuse|  Link|October 19, 2021 3:15:52 PMReply
I have applied for PDSTL IPO. I have not get the allotment but amount is not refunded still now. what to do??
98. Meghali Sharma   I Like It. |Report Abuse|  Link|October 11, 2021 6:57:15 PMReply
I have applied for PDSTL on 22 September 2021 .I have not got the allotment.Mandate is expired on 7 th october,but amount is not refunded yet.Why?
98.1. Bhushan Talekar   I Like It. |Report Abuse|  Link|October 15, 2021 4:49:02 PM
Same issue
97. Dharmesh Chavda   I Like It. |Report Abuse|  Link|September 14, 2021 12:15:20 PMReply
I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021.. But they have not yet refunded the amount.. I am facing great problems.. Please enlighten me what to do.. It's really not professional.. My broker is Grow.. My application no is 13819149.. And my blocked amount is 14640.
97.1. PARITOSH kumar   I Like It. |Report Abuse|  Link|October 10, 2021 11:02:03 AM
I have applied ipo of paras defence and space technology limited through bhim UPI on date 21 September 2021. But I have not allotted above ipo. They have no refunded my amount.my broker is aditya birla money ltd.my application no - 97500104. My amounts is 14875/- . Please give suggestions what to do unblocked my fund.
96. Praveen Yadav   I Like It. |Report Abuse|  Link|September 28, 2021 11:42:20 AMReply
I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021. But they have not yet refunded the amount.My broker is Growwapp. My application no is 80302966 my blocked amount is 14640
95. Patel Vimal Ashvinbhai Patel   I Like It. |Report Abuse|  Link|September 28, 2021 1:27:12 PMReply
I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th September 2021. But they have not yet refunded the amount.My broker is go pay My application no is 60992574 Client ID 40479874 Hold Reason no: 124656978993 SBI AC No. 31134559364 my blocked amount is 14640
94. Sreerag   I Like It. |Report Abuse|  Link|September 23, 2021 12:35:57 PMReply
I have applied for Devyani IPO via groww, but it's not allotted and didn't receive the refund too. In the payment details, I can see amt blocked and the amt in figures. Kindly let me know what should be done to get the refund
93. Julian Fernandes   I Like It. |Report Abuse|  Link|September 18, 2021 12:15:28 AMReply
I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021. But they have not yet refunded the amount.My broker is Geojit. My application no is 67885835 And my blocked amount is 14640.
92. Yunes   I Like It. |Report Abuse|  Link|September 15, 2021 9:21:54 AMReply
I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021.. But they have not yet refunded the amount.. I am facing great problems.. Please enlighten me what to do.. It's really not professional.. My broker is Share khan.. My application no is 97215300.. And my blocked amount is 14640.
First time it's taken so much of time .
Whom to escalate let me know.
91. Mangesh M Petkar   I Like It. |Report Abuse|  Link|September 14, 2021 9:13:37 PMReply
Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it
90. Amrut   I Like It. |Report Abuse|  Link|September 14, 2021 8:49:51 PMReply
I had applied to ami organised hrough UPI Mode and IPO not issue. However, the applied amount is still blocked in my saving account. I also mailed to linkintime as well as bank but still money is unblocked.
89. Iliyas raja   I Like It. |Report Abuse|  Link|September 13, 2021 10:09:34 AMReply
Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it
89.3. Vipul Badgaiyan   I Like It. |Report Abuse|  Link|September 13, 2021 5:07:25 PM
friend my money is also blocked with bank SBI... I had discussion with SBI people ...they told me faced problem in AMI ORGANICS in releasing money ....they are working and money will be released soon....
89.4. ASHISH   I Like It. |Report Abuse|  Link|September 14, 2021 11:23:55 AM
Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it
88. Ajay Bhatt   I Like It. |Report Abuse|  Link|September 14, 2021 5:48:47 AMReply
My ami organice ipo listing befor date not credited my demate account plz help ne
87. sahil   I Like It. |Report Abuse|  Link|September 10, 2021 6:03:05 PMReply
my funds for IPO AMI ORGANICS does not release yet. Can anyone please help me to whom I should reach out?
87.3. vipul badgaiyan   I Like It. |Report Abuse|  Link|September 13, 2021 4:50:36 PM
if it is State Bank if india .. there is prroblem from bank side... technical issue.. my amount is still blocked ... registrar has issued isntruction to release fund ... bue to bank issue amount is blocked.. my amount is also blocked
87.4. U NATH   I Like It. |Report Abuse|  Link|September 13, 2021 8:24:41 PM
I FACED THE SAME ISSUE. GOT ALLOTMENT I LOT AMI ORGANICS. AMOUNT IS NOT DEBITED FROM MY SB ACC.

THE ARE NOT CREDITED YET IN MY DEMAT.
86. Akshat Yadav   I Like It. |Report Abuse|  Link|July 29, 2021 10:20:29 PMReply
I have applied for zomato ipo and my whole amount of Rs 148200 is still on hold
please guys share ur views if same is happening with u
I paid from google pay upi method
My bank is sbi
Share info if anyone got his refund
86.6. Ayush   I Like It. |Report Abuse|  Link|August 13, 2021 8:47:28 PM
still my rolex rings AMount is not unblocked, expiry date is 17th Aug,i can wait till then, but what if i dont get the refund, someone please help
86.7. Jay   I Like It. |Report Abuse|  Link|September 13, 2021 10:51:22 AM
Same issue here .. how to get refund
85. Jyoti Kumar Raina   I Like It. |Report Abuse|  Link|September 11, 2021 9:18:31 PMReply
Respected Sir I applied for IPO of AMI organics
&Vijya Dignostics which was not alloted to me
My money is blocked kindly unlock it.
85.1. Sahil   I Like It. |Report Abuse|  Link|September 12, 2021 12:22:34 PM
even i havenot got my money unblocked... is it same case happened with you?
84. Jyoti Kumar Raina   I Like It. |Report Abuse|  Link|September 11, 2021 9:11:36 PMReply
My amount forAMI organics &Vijya Dignostics is
blocked kindly unlock it
83. Shubham kapoor   I Like It. |Report Abuse|  Link|September 11, 2021 2:27:42 AMReply
My ami organic IPo not refunded yet plz help
83.1. Baap   I Like It. |Report Abuse|  Link|September 11, 2021 10:14:42 AM
There's has been bank holidays continuosly that might be the reason... Wait till Tuesday if you still don't receive than you need to wait till the mandate expiry date.
82. souravkrsharma   I Like It. |Report Abuse|  Link|September 9, 2021 3:07:53 AMReply
Same here, I was alloted IPO AMI ORGANICS ON ALLOTMENT DAY, got an issue of MANDATE SIGNATURE IS TEMPERED OR CORRUPT in BHIM app.
Please update if any solution found.
81. Malik   I Like It. |Report Abuse|  Link|February 28, 2021 6:23:05 AMReply
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.
81.3. P Sharma   I Like It. 1|Report Abuse|  Link|September 9, 2021 12:04:34 AM
Same here bhai, I was also alloted IPO AMI ORGANICS ON ALLOTMENT DAY,

Now in the Bhim app, it says MANDATE SIGNATURE IS TEMPERED OR CORRUPT
81.4. souravkrsharma   I Like It. |Report Abuse|  Link|September 9, 2021 3:04:07 AM
I am also having the same issue with AMI Organics IPO. Please update if any solution found.
80. Deepika   I Like It. |Report Abuse|  Link|August 30, 2021 4:07:30 PMReply
I had also bought the IPO of Car Trade Limited for an amount of ₹14562. But this IPO has also expired and its amount has not been credited to my account yet. Its end date is 26 August.
80.1. Rohit   I Like It. |Report Abuse|  Link|August 31, 2021 12:27:48 AM
Please do let me know if you found the mailid to complaint for it , I am also facing same issue
79. Rohit   I Like It. |Report Abuse|  Link|August 31, 2021 12:26:33 AMReply
I had also bought the IPO of Car Trade Limited for an amount of ₹14562. But this IPO has also expired and its amount has not been credited to my account yet. Its end date is 26 August.
Please someone tell mail id to complaint for cartrade ipo.
78. Waaeem   I Like It. |Report Abuse|  Link|August 24, 2021 1:15:28 PMReply
I rejected the GreenMark Science IPO request from the BHIM UPI mandate and still amount got blocked for Rs 28800 , its been near a month amount is still blocked.

I approached bank , Zeroda they take no responsibility. Whereas Bhim UPI is app is not reachable.

Please help and guide.
78.1. Sudheer   I Like It. |Report Abuse|  Link|August 28, 2021 9:36:20 PM
Bro u can complaint to sebi..first u can talk with kfin technology if they not respond u can contact sebi..find no online I do same
77. Abhi   I Like It. |Report Abuse|  Link|August 17, 2021 10:56:04 PMReply
Hi sir,

I had bought devyani international IPO. Still not received refund. Have wrotten mail to registerar several times. How much time it takes to complete the refund.

Also when the shares do not get allotted you received message of ‘amount refundable/Unblocked: Not applicable’ . Rest all mentions amount. Please help
77.6. Abhay   I Like It. |Report Abuse|  Link|August 24, 2021 9:06:41 AM
I only received an sms from bank of unblocked amount bt there is no money shows in my balance what to do??
77.7. Dhavalsinh Champavat   I Like It. |Report Abuse|  Link|August 28, 2021 2:29:55 PM
Bro don't worry, just visit your bank(by which you had applied for ipo) and tell them to unblock your money. They will unblock in 2 or 3 days. If you are sure that your money is in bank but blocked then no need to worry.
76. Neel Goplani   I Like It. |Report Abuse|  Link|August 27, 2021 2:33:23 AMReply
I applied for Aptus Housing ipo,I did not get the shares alloted and my amount has not been unblocked and the mandate expired today on 27aug.In upi app the mandate is showing 'funds not withdrawn'.
Can anyone help?
76.1. harish   I Like It. |Report Abuse|  Link|August 28, 2021 2:23:11 PM
please contact to KFintech Private Limited

Phone: 04067162222, 04079611000
Email: aptus.ipo@kfintech.com
Website: https://karisma.kfintech.com/
75. Pratik Rajendra Sharma   I Like It. |Report Abuse|  Link|August 26, 2021 9:07:14 PMReply
I applied for Glenmark life sciences ipo and while approve on mandate the approval process didn't processed and it came bank facing server issue and amount got blocked and it's been a month the amount is not unblocked and even I got notification that I have been not allotted any shares on allotment check
74. Waaeem   I Like It. |Report Abuse|  Link|August 24, 2021 1:13:14 PMReply
I rejected the GreenMark Science IPO request from the BHIM UPI and still amount got blocked .Rs 28800 . its been near a month amount is still blocked.
73. Neelam Tejwani   I Like It. |Report Abuse|  Link|August 23, 2021 10:48:12 PMReply
Cartrade amount not unblocked yet.
72. Parminder singh   I Like It. |Report Abuse|  Link|August 21, 2021 6:16:30 PMReply
My money got stuck in Devyani IPO.Never gonna apply for an IPO again.
72.1. Vikram singh   I Like It. |Report Abuse|  Link|August 23, 2021 9:39:22 PM
Now I will also never apply for ipo because amount is still blocked, how ever they announced if any body will not get IPO mainy will be released on 21 aug 21 but fail completely, in future no any person will apply at this condition, my money for devyani and exxaro is still blocked
71. Ankit   I Like It. |Report Abuse|  Link|August 22, 2021 5:21:57 PMReply
Devyani ipo mandate not revoked still
71.1. Rishabh Jain   I Like It. |Report Abuse|  Link|August 23, 2021 12:36:45 PM
Same I have also not received
71.2. venkata siva reddy   I Like It. |Report Abuse|  Link|August 23, 2021 2:34:53 PM
even i am also not received money so far
70. NAgina   I Like It. |Report Abuse|  Link|August 22, 2021 4:33:38 AMReply
My amount is still blocked for DEVYANI ... PLease help!!! Anyone who faced this issue, got money back???
69. Kamal   I Like It. |Report Abuse|  Link|August 21, 2021 9:44:06 PMReply
I had apply for Devyani IPO but my application was cancelled and i received msg that my amount is unblocked on the last day of ipo closing..But amount is not credited in my qccount till now..why?
68. sumit   I Like It. |Report Abuse|  Link|August 21, 2021 12:45:49 PMReply
I am facing an issue where i have applied for gr infra from 2 account but 1 has alloted to me and amount was debited from my account that time.
But now the amount again debited from my account yesterday i.e 20/08/2021 and shares were not alloted to me.
Is it possible that shares can be alloted after 1 month also or it is wrongly debited from my account bcoz no allotment is seen in my account for this transaction.
67. Aman Pandey   I Like It. |Report Abuse|  Link|August 17, 2021 11:04:17 AMReply
Anyone who is facing issue in Refund of Zomato IPO I suggest you to escalate via mail the issue with the ZOMATO IPO's RTA(Registrar and Transfer agent).

RTA Details:
E-mail: zomato.ipo@linkintime.co.in
Giving your details of demat account number, Application Number And DP id

67.1. Gunjan   I Like It. |Report Abuse|  Link|August 17, 2021 5:43:14 PM
Hello sir,
I also applied for zomato IPO but didn't get any lot and I did complaint regarding this issue to zomato.ipo@linkintime.co.in and other authority but didn't got any reply nor solution. what should I do now.

Is there any time period to revoked the amount from bank side?
My home branch said this process will take minimum 3 weeks to unblock the amount after listing. Is that true? It's been a month now but amount is still block.
66. Sumabn   I Like It. |Report Abuse|  Link|August 4, 2021 4:42:54 PMReply
My zomato money 14800 block mandate expair but money hold what I m doing now plz share and my problem and suggest what I am doing
66.3. Aman   I Like It. |Report Abuse|  Link|August 13, 2021 8:08:00 AM
Please let me know if your money is unblocked
66.4. Sanjeev Thaper   I Like It. |Report Abuse|  Link|August 16, 2021 12:47:40 PM
Same peoblam
65. Kalpesh chauhan   I Like It. |Report Abuse|  Link|August 7, 2021 8:55:47 AMReply
I have not get allotment of rolex ring even I didn't get refund yet. What to do? My account is in angel broking.
65.5. Minakshi   I Like It. |Report Abuse|  Link|August 11, 2021 8:56:41 AM
Same thing has happened with me
65.6. Shourya Agrawal   I Like It. |Report Abuse|  Link|August 11, 2021 3:41:54 PM
Same thing happened my 14400 is also blocked till now
64. Nav Ratan Kala   I Like It. |Report Abuse|  Link|August 10, 2021 9:22:56 PMReply
I have not received Rolex Rings IPO blocked amount as yet My Demat account in Alankit assignment
63. Omprakash Patel   I Like It. |Report Abuse|  Link|August 9, 2021 5:01:37 PMReply
i applied for NPTC shares it doesnt alloted and my money is still on hold any suggestion.
62. umesh kaushik   I Like It. |Report Abuse|  Link|July 20, 2021 6:31:40 PMReply
I bought the IPO of tatva chintan the money is deducted but it is not showing in my portfolio.
what should i do? please help.
62.3. Abhishek   I Like It. |Report Abuse|  Link|July 26, 2021 6:39:59 PM
Same here, maybe it will take some time for shares to be credited.
62.4. Shantanu jaiswal   I Like It. |Report Abuse|  Link|August 6, 2021 11:58:44 AM
I have applied for rolex rings ipo from angel broking, didn't got application no. and not showing in app that i have applied for ipo but i have successfully set upi mandate .
at the date of allotment my money got deducted.
But no application showing in registrar webite i have checked through my pan no. Now it's 6 Aug date of shares credit to demat account still i didn't get any shares in my account. Please help me guys where is my money
61. Bhavya Sheth   I Like It. |Report Abuse|  Link|August 4, 2021 9:37:32 PMReply
My money is blocked for Glenmark IPO even after the mandate is rejected. Please help
61.1. Ajay   I Like It. |Report Abuse|  Link|August 5, 2021 8:08:32 AM
Please mujhe bhi bta dena paise kaise wapis ayenge mere bhi fas gye
61.2. Swapnil Korgaonkar   I Like It. |Report Abuse|  Link|August 5, 2021 8:42:59 PM
My money also still blocked used for glanmark IPO. When can be unblocked?
60. rani   I Like It. |Report Abuse|  Link|August 5, 2021 10:58:18 AMReply
i applied for an ipo paid full amount but i didn't approved the mandate also it is expired what should i do now guys


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?