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What if I get a technical error on the UPI App while accepting the IPO request?

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In case of a technical decline, you need to reinitiate the payment process from the IPO Portal. The transaction can be re-initiated by approaching the same intermediary to which you had submitted the application form.


92 Comments

92. krishnamraju  Sep 29, 2021 22:05 I Like It. | Report Abuse Reply
UPI-Mandate for Rs 14875.00 could not be cancelled due to UM3.

Received the above message. Money is still blocked.
91. Balaprasad kabra  Aug 19, 2021 16:12 I Like It. | Report Abuse Reply
I also got mail from nsc aptus shares alloted but in bank upi payment transaction showing failed due to some technical reason can I got shares
91.1. K A Vishwas  Sep 29, 2021 14:54 I Like It. | Report Abuse
Same thing happened for me for paras defence.
So you got shares??
90. Priyansh Bhatia  Sep 23, 2021 16:58 I Like It. | Report Abuse Reply
Hi I applied for ipo but the payment link was not coming, so i again iniated the process by cancelling the previous one then the link came which was of the first application, so i made the payment the amount has been blocked. and the ipo application is cancelled or not processed as well.
89. Dinesh mujawdiya  Aug 19, 2021 14:47 I Like It. | Report Abuse Reply
I applied for aptus ipo, i got alloted one lot and my money has been deducted from my bank account but the mandate shows that payment failed. Will my allotment get cancelled? Has this happened with you too? The amount was deducted.
88. Rahul Siloniya  Aug 19, 2021 08:54 I Like It. | Report Abuse Reply
I applied for aptus ipo, i got alloted one lot and my money has been deducted from my bank account but the mandate shows that payment failed. Will my allotment get cancelled? Has this happened with you too? The amount was deducted.
88.1. Ankit Gupta  Aug 19, 2021 11:27 I Like It. | Report Abuse
Yes it happened with me too.
BHIM app have tried 3 times for payment but everytime it failed.
88.2. Cherub mujawdiya  Aug 19, 2021 14:43 I Like It. | Report Abuse
I am also facing same problem as I got aptus ipo but transaction showing failed in my upi app.
Is the IPO allotted will be credited in in demat account or it get cancelled??
Will they try to give next attempt to debit amt?
87. Jinesh  Aug 19, 2021 12:09 I Like It. | Report Abuse Reply
I applied for aptus ipo, i got alloted one lot and my money has been deducted from my bank account but the mandate shows that payment failed. Will my allotment get cancelled? Has this happened with you too? The amount was deducted.
86. Shahbaaz  Aug 9, 2021 20:39 I Like It. | Report Abuse Reply
I have applied for Zomato IPO where authentication failed but the amount was put on hold in my SBI SB A/c. Mandate date got over on 3rd of August but still hold has not been removed from my account. Please suggest where to write because I am getting no response from SBI on twitter or even on mails.
86.5. Munish  Aug 13, 2021 20:20 I Like It. | Report Abuse
M still facing the same issue did many complaints but no result now will go to consumer court
86.6. Dr. Anand R  Aug 17, 2021 15:45 I Like It. | Report Abuse
Even my amount have been blocked for the same IPO I asked bank, RTA and my demat account company also but of no use. It's been 1 month now I can't access my amount. Please let me know any solution for the same
85. Mrugank  Aug 12, 2021 17:40 I Like It. | Report Abuse Reply
Hello,
I have applied for Devyani International IPO, My UPI mandate got Failed, but amount got blocked from Bank. However IPO is not allotted to me and My amount is still Blocked. I am not getting whether whom i have to contact.
85.1. Prateek Jain  Aug 14, 2021 14:05 I Like It. | Report Abuse
Same happened with me
84. Arpan  Aug 13, 2021 07:39 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 13800.00 could not be cancelled due to UM3.

Received the above message. Money is still blocked.
83. Bheema  Aug 12, 2021 07:34 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to INVALID MPIN.
I received above message for two ipo's. (Devyani and Exarro Tiles). Any idea how this has to be resolved. Please share your experience on this issue.
83.1. vishwa  Aug 12, 2021 16:25 I Like It. | Report Abuse
Hello Bheema
Even i faced the same issue.i contacted the stock broker and got an advice that we need to send a mail to "ipo.upi@npci.org.in" with our query.
82. Nikhil Singh  Aug 12, 2021 12:58 I Like It. | Report Abuse Reply
Dear Guys…
Whosever transcation get fail during UPI mandate( due to any reason) and amount get deducted from your bank account, please don’t get into panic.Your amount is totally safe in your bank account and it get into LIEN AMOUNT section in your particular bank account.Just do one thing, first wait for 24 hours till it get settled itself…if not then go to your bank after 24 hours and give them detail information application and request them to remove LIEN from your account.
THANK-U
81. Rifahth  Aug 5, 2021 15:23 I Like It. | Report Abuse Reply
I had applied for Rolex IPO. I got the shares allotted today, but the Autopay request on my UPI shows the Autopay payment has failed. Any idea what would happen now? Will I get the shares? Or will they cancel it?
81.4. Rajan goyal  Aug 6, 2021 23:22 I Like It. | Report Abuse
Rifath, same in my case too
81.5. Harshit  Aug 12, 2021 10:50 I Like It. | Report Abuse
Rifahth, did you get the shares allotted to you or not? Can you please tell me because I'm facing the same issue in my devyani IPO. I got the shares allotted to me but autopay in upi is showing payment has failed. It would help me a lot so please reply.
80. Kishor Purohit  Aug 4, 2021 19:07 I Like It. 1 | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to INVALID MPIN.
80.1. Bheema  Aug 12, 2021 07:39 I Like It. | Report Abuse
Hii, I am facing the same issue, could tell me how the issue was resolved.
79. Jayprakash Gupta  Aug 4, 2021 17:31 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to QC.
79.1. Bheema G  Aug 12, 2021 07:27 I Like It. | Report Abuse
I am facing same issue for two ipo's. How this issue was resolved, when did your money got unblocked. Or Did you contact any one for this issue.
78. Harshvardhan Chandel  Aug 7, 2021 19:18 I Like It. | Report Abuse Reply
I received a mail in which amount is written 999999.99 for 1lot of Krishna diagnostic...what does that mean???
77. Harshvardhan Chandel  Aug 7, 2021 18:58 I Like It. | Report Abuse Reply
What happens if I place order for an ipo but cannot accept the payment request in time???
76. Nagaraju  Aug 6, 2021 22:22 I Like It. | Report Abuse Reply
IPO Request Failed in BHIMUPI for both Devyaani and Windlas applications with reason RESPMANDATE TIMEOUT AT REMITTER END having UMN Number and Transaction ID details, but the amount got blocked in my bank account for both applications. Again new IPO Collection request created in BHIM UPI for the both applications. About 60k blocked. What needs to be done? Ideally amount needs to be unblocked, so that I can again proceed for new ipo collection requests. Please suggest the process.
76.1. Prasad Desai  Aug 6, 2021 22:56 I Like It. | Report Abuse
Same issue has arisen in my case also... I had recd first mandate towards krshna diagnostic which I accepted but it failed due to some technical error but amt got blocked and I even recd a msg that amt has been blocked.. But then again I got one more request for blocking of funds, but the previous fund blocked has not been released, and to accept the new mandate, I don't have sufficient balance
75. Prasad Desai  Aug 6, 2021 22:41 I Like It. | Report Abuse Reply
Sir/ Madam,
I had applied for krshna Diagnostic ltd in the morning and received upi mandate immediately but did not accept it at that time, rather accepted at around 7:30 pm in the evening but the block request failed due to some error. But the amount was blocked from the bank and one msg was recd confirming the amt has been blocked. And at around 10:10 pm, again I recd upi mandate for Rs. 14310, but the amt previously blocked has not been released. So should I accept the new mandate and will the amount blocked previously be released?
74. Trupti Thakkar  Aug 6, 2021 22:26 I Like It. | Report Abuse Reply
I applied Glenmark life science ipo on 27 july through Gpay.i got msg mandate failed. Mandate didn't completed. But still shows processing. Amount blocked. When fund will release??
73. Naveen  Aug 6, 2021 13:24 I Like It. | Report Abuse Reply
Hi upi mandate successfully created for krsnaa but while enable autopay it got failed so i removed that autopay but amount has becen successfully block will i face any issue while allotment in getting amount deduction
73.1. Anup  Aug 6, 2021 17:39 I Like It. | Report Abuse
5th Aug’21 I had authorised one mandate for an Exxaro Tiles IPO and soon I had cancelled it. As while authorising I had recieved a network error. Today the broker confirmed the cancellation but on the google pay to my surprise it was appearing in pending ( processing) and completed (authorization failed) tab. I have checked with the bank statement and the amount is still blocked. Also I recieved a sms stating, “ the UPI-Mandate of Rs.15000/- could not be cancelled due to VH.
73.2. Rajvardhan Suryavanshi  Aug 6, 2021 21:28 I Like It. | Report Abuse
First, delete/ withdraw/ cancel the IPO application in case if it is not canceled. Then contact your bank branch with a proper written application requesting them to release the lien amount or unblocking the funds. Specify the following details in your application,
1. Application No.
2. Unique Mandate No. (UMN) (if applied through UPI)
3. Customer / Transaction Reference No.
4. Bank Reference No. (if applied through ASBA Netbanking )
5. Attach the Self-attested photocopy of any Identity card (Aadhar or PAN, etc) with the application.
Many Bank Branches clerk don't know how to release the IPO lien so directly go to the Branch Manager with the application.
You can make the above application in the following cases:
1. IPO application was withdrawn within the closure of the IPO date but funds were still on lien / blocked.
2. IPO application was rejected on a technical basis and funds were still on lien / blocked.
3. IPO application had payment status like "Pending" or "Request accepted by Sponsor Bank" and not "Accepted by Investor". This status is shown even after successfully creating the UPI Mandate.
4. IPO Application was rejected due to failure of mandate but amount got blocked / lien.

Important Note - Use "Bhim App" ONLY. Don't use GPay or Phonepe or any third-party UPI apps to create the mandate.
72. Naman Garg  Aug 5, 2021 19:17 I Like It. | Report Abuse Reply
My money is blocked in Mandate of rolex rings ipo and also I have not got allotment. My upi app is showing cancellation failed?? Where does my money gone
72.1. Rajvardhan Suryavanshi  Aug 6, 2021 21:26 I Like It. | Report Abuse
Don't worry funds will soon get released. Initiation of refund starts 1 or 2 days after the basis of allotment day and it takes normally takes 1-3 days. I think you must have got your funds released and if not then wait for 1-2 days.
71. Aditya  Aug 6, 2021 11:40 I Like It. | Report Abuse Reply
Today I applied for krsnaa ipo i accept the mandate money also got debited/hold but in demat it's showing due to technical issues ipo application rejected
Please let me know what should I do
71.1. Rajvardhan Suryavanshi  Aug 6, 2021 21:05 I Like It. | Report Abuse
Your IPO application is rejected. Henceforth whenever you face such an issue then first delete/cancel/withdraw the application which got rejected. Next, contact your bank branch with a proper written application requesting them to release the lien amount or unblocking the funds. Specify the following details in your application,
1. Application No.
2. Unique Mandate No. (UMN) (if applied through UPI)
3. Customer / Transaction Reference No.
4. Bank Reference No. (if applied through ASBA Netbanking )
5. Attach the Self-attested photocopy of any Identity card (Aadhar or PAN, etc) with the application.
Many Bank Branches clerk don't know how to release the IPO lien so directly go to the Branch Manager with the application.
You can make the above application in the following cases:
1. IPO application was withdrawn within the closure of the IPO date but funds were still on lien / blocked.
2. IPO application was rejected on a technical basis and funds were still on lien / blocked.
3. IPO application had payment status like "Pending" or "Request accepted by Sponsor Bank" and not "Accepted by Investor". This status is shown even after successfully creating the UPI Mandate.
4. IPO Application was rejected due to failure of mandate but amount got blocked / lien.

Important Note - Use "Bhim App" ONLY. Don't use GPay or Phonepe or any third-party UPI apps to create the mandate.
70. s  Aug 5, 2021 08:15 I Like It. | Report Abuse Reply
amount deducted from my account but ipo mandate shows that the authorisation is failed , I still haven't received my refund back . who should I concern this with my respective bank or the ipo provider .
70.2. Xyz  Aug 5, 2021 16:18 I Like It. | Report Abuse
Bro I faced the same problem. Please share what are you doing?
70.3. Vijay Ambwani  Aug 5, 2021 19:34 I Like It. | Report Abuse
Have you contacted with someone? please share if you found any solution
69. Poorna Shekar Yanamadala  Aug 5, 2021 17:51 I Like It. | Report Abuse Reply
I had applied for KRSNA diagnostics ,the UPI had failed ,but the amount debited in my account, what's the solution for it ,can anyone give an suggestion
69.9. Gaurav Mahapatro  Aug 6, 2021 17:20 I Like It. | Report Abuse
Bro I got the money unblocked. Just wait and trust the process. It will automatically be unblocked.
69.10. Rajvardhan Suryavanshi  Aug 6, 2021 20:20 I Like It. | Report Abuse
Contact your bank branch with a proper written application requesting them to release the lien amount or unblocking the funds. Specify the following details in your application,
1. Application No.
2. Unique Mandate No. (UMN) (if applied through UPI)
3. Customer Reference No.
4. Bank Reference No. (if applied through ASBA Netbanking )
5. Attach the Self-attested photocopy of any Identity card (Aadhar or PAN, etc) with the application.
Many Bank Branches clerk don't know how to release the IPO lien so directly go to the Branch Manager with the application.
You can make the above application in the following cases:
1. IPO application was withdrawn within the closure of the IPO date but funds were still on lien / blocked.
2. IPO application was rejected on a technical basis and funds were still on lien / blocked.
3. IPO application had payment status like "Pending" or "Request accepted by Sponsor Bank" and not "Accepted by Investor". This status is shown even after successfully creating the UPI Mandate.

Important Note - Use "Bhim App" ONLY. Don't use GPay or Phonepe or any third-party UPI apps to create the mandate.
68. Abinash mallik  Aug 5, 2021 19:19 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to UM9.
Glenmark ipo and Rolex rings ipo
I can't receive my 28800/- what can I do
67. Mayur pandya  Jul 27, 2021 10:52 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14079.00 could not be cancelled due to B3. wts the meaning of it. And I can't get my blocked amount.
67.5. Ayushrathi  Jul 28, 2021 21:19 I Like It. | Report Abuse
Did you get any solution
Sam Ipo upi mandates are getting failed again and again even i tried with all upi sercives


67.6. Alpa  Aug 5, 2021 14:52 I Like It. | Report Abuse
Will you get your refund I have same issue for Rolex ring ipo
66. Santhosh  Jul 14, 2021 22:04 I Like It. 1 | Report Abuse Reply
UPI-Mandate for Rs 14400.00 could not be cancelled due to VA.
What does this mean. I didn't receive refund yet
66.1. Dhiraj Kumar ASDF  Aug 5, 2021 07:47 I Like It. | Report Abuse
Did you got your money back
66.2. Alpa  Aug 5, 2021 14:48 I Like It. | Report Abuse
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to B3
What this mean and where to enquire for same ?
65. Kiran Kumar  Jul 30, 2021 15:45 I Like It. | Report Abuse Reply
ROLEX rings ipo for rejected due to unknown issue. Two sms received related to the IPO. First message says "your upi-mandate has failed on upi app due to um9. application# rolexim12345". Second message says upi mandate successfully created towards rolex rings limited and funds are blocked. But phonepe says the request was rejected. My fund is frozen in my bank a/c. What will happen now? will my fund get unfrozen today or after the end of mandate? Can I reply today because it's the last day for rolex ring?
65.5. Sher khan  Aug 5, 2021 01:49 I Like It. | Report Abuse
HDFC Bank: UPI-Mandate for Rs 14400.00 could not be cancelled due to VH.
65.6. Karan Gupta  Aug 5, 2021 13:50 I Like It. | Report Abuse
Did you get your amount back today when Allotment was declared? I am facing a similar issue.
64. Karan  Aug 5, 2021 13:19 I Like It. | Report Abuse Reply
I also faced issues similar to what other people have mentioned.
1. Applied for Devyani IL & Windlas Biotech IPOs.
2. Authorized them on Google Pay, but the authorization fails for some reason.

I expected it to be some issue about me entering UPI PIN incorrectly, but that is not the case. Re-application also has failed. Although, thankfully none of my funds have been blocked.
63. nayan  Jul 31, 2021 14:51 I Like It. | Report Abuse Reply
Did anyone get refund for denied mandate.
62. Antony Andrews  Jul 30, 2021 14:34 I Like It. | Report Abuse Reply
ROLEX rings ipo for rejected due to unknown issue. Two sms received related to the IPO. First message says "your upi-mandate has failed on upi app due to um9. application# rolexim12345". Second message says upi mandate successfully created towards rolex rings limited and funds are blocked. But google pay says the request was rejected. My fund is frozen in my bank a/c. What will happen now? will my fund get unfrozen today or after the end of mandate? Can I reply today because it's the last day for rolex ring?
61. amit ghanti  Jul 30, 2021 12:49 I Like It. | Report Abuse Reply
I applied for Rolex ring ipo today.i got google pay upi mandate request,but when I authorized it,my request failed.But i got a message from my bank confirming mandate is successful and money got blocked.can anyone tell me could I get the ipo allotment or not and my money will be refunded or not if my ipo is not allowed?
61.1. Antony Andrews  Jul 30, 2021 14:30 I Like It. | Report Abuse
Same issue over here with the error message. First message says "your upi-mandate has failed on upi app due to um9. application# rolexim12345". Second message says upi mandate successfully created towards rolex rings limited and funds are blocked. But google pay says the request was rejected. My fund is frozen in my bank a/c. What will happen now? will my fund get unfrozen today or after the end of mandate? Can I reply today because it's the last day for rolex ring?
60. Atul Lal  Jul 27, 2021 12:13 I Like It. | Report Abuse Reply
I applied for Glenmark IPO. I got UPI mandate in the Google pay app, authorized it but it showed UPI mandate failed due to UM9. My funds are also blocked. Please anyone suggest me what to do
60.5. kiran  Jul 29, 2021 17:31 I Like It. | Report Abuse
Same here but i used bhim app
60.6. balu  Jul 29, 2021 20:00 I Like It. | Report Abuse
for me also authorization failed and amount deducted
59. Mohit  Feb 27, 2021 02:14 I Like It. | Report Abuse Reply
I have applied for Railtel ipo . During the time of payment it showed authorisation failed but the money got deducted from my account and I am not get the refund
59.2. Param Gandhi  Jul 28, 2021 21:16 I Like It. | Report Abuse
Did you get your blocked amount back? When did you receive the blocked amount back. Please reply
59.3. Anupam  Jul 29, 2021 12:42 I Like It. | Report Abuse
Did you get the money back ? I am also facing the same issue.
58. Anas Vohra  Jul 27, 2021 11:05 I Like It. | Report Abuse Reply
I got same msg as HDFC Bank: UPI-Mandate for Rs 14079.00 could not be cancelled due to VA..
Plz help
57. Santosh  Jul 19, 2021 11:51 I Like It. | Report Abuse Reply
UPI-Mandate for Rs 14400.00 could not be cancelled due to VA. I applied for clean science ipo
What does this mean.
57.6. Shirish Sahebrao Sabale  Jul 27, 2021 00:05 I Like It. | Report Abuse
Even I got same msg as HDFC Bank: UPI-Mandate for Rs 14079.00 could not be cancelled due to VA..
Plz help
57.7. Dhiraj  Jul 27, 2021 10:12 I Like It. | Report Abuse
Got the Same message, did you got your money back ?
56. Arvind  Jul 15, 2021 05:50 I Like It. | Report Abuse Reply
Upi mandate 28800 coud not be cancelled due to b3 what is the meaning when I got shares or my money refund
56.2. Durgesh sahu  Jul 27, 2021 00:46 I Like It. | Report Abuse
Bro did you get Ur blocked amount back .
56.3. Reshma  Jul 27, 2021 02:42 I Like It. | Report Abuse
Have u got the refund ??
55. Mayur Vachheta  Jul 22, 2021 21:51 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14820.00 could not be cancelled due to UM9.


What does this technical error means?
55.2. Veer  Jul 25, 2021 13:54 I Like It. | Report Abuse
I have received the same message for GR infra..mandate end date also done ..still I didn't received the money
55.3. Niket  Jul 26, 2021 20:13 I Like It. | Report Abuse
Same issue received today. HDFC. Error UM9
54. Nikhil Malavade  Mar 11, 2021 14:58 I Like It. | Report Abuse Reply
UPI-Mandate for Rs14950 could not be cancelled due to UM8

I received this SMS today after I didn't received the allotment of MTAR IPO.
Can anyone please help.
54.1. Ajinkya  Jul 26, 2021 11:08 I Like It. | Report Abuse
Same problem bro with different codes um9 and va. Hdfc customer care is also not responsive. Did u get the money??
53. Shiva  Mar 13, 2021 11:44 I Like It. | Report Abuse Reply
Our hard earned money released today , relaxed now :)

Thanks guys for all your inputs , let keep help each other.
53.1. Ajinkya  Jul 25, 2021 19:48 I Like It. | Report Abuse
What was your error??
52. Sai  Jul 15, 2021 08:40 I Like It. | Report Abuse Reply
I applied for clean science and technology...on 14-7-21 at 11:30 pm I got a message...
It says that ....
Your 14400 upi mandate could not be cancelled due to B3...
What does it mean...if anyone know about these could u plz give us the suggestion..
52.4. RAJAT MAHESHWARI  Jul 16, 2021 15:11 I Like It. | Report Abuse
IF YOU GOT SOLUTION PLEASE LET ME KNOW
52.5. Essence  Jul 22, 2021 23:59 I Like It. | Report Abuse
Did you get your refund yet? How to fix it?
51. Ravi Vyas  Jul 22, 2021 23:41 I Like It. | Report Abuse Reply
HDFC Bank: UPI-Mandate for Rs 14820.00 could not be cancelled due to UM9.
50. Aum Patel  Jul 22, 2021 22:15 I Like It. | Report Abuse Reply
UPI mandate could not be cancelled due to MN9.
What does this mean ?
Can anyone please help
49. Aabhas Verma  Jul 22, 2021 19:17 I Like It. | Report Abuse Reply
I received an allotment for Zomato IPO. The listing is tomorrow. I just received a message asking for payment again. Can anybody please help what should I do?
49.1. Pawan Kumar  Jul 22, 2021 21:32 I Like It. | Report Abuse
Same problem bro
48. Abhishek  Jul 22, 2021 10:39 I Like It. | Report Abuse Reply
I have applies for ipo of zomato from zerodha but no bid is showing though my mandate has been created
47. Siddhant Padawe  Jul 20, 2021 17:38 I Like It. | Report Abuse Reply
I have received Mandate in my BHIM App for blocking of funds for an IPO but even though i am entering correct UPI PIN, its showing me error as 'Bad Request'.
Could anyone please let me know why is this happening?
Due to this i am not able to apply in any IPO.
46. kuldeep  Jul 18, 2021 23:57 I Like It. | Report Abuse Reply
approve ipo zomato on upi bhim, money blocked but attechment page show 404 not found. is my ipo cancelled ?
45. Shreyas Shah  Jul 15, 2021 23:20 I Like It. | Report Abuse Reply
Hey I got Ipo For G R infra my amount is not yet debited but is blocked but i recived a request from G R infra for New Payment of lot price
45.7. Aashutosh Jaswani  Jul 18, 2021 01:08 I Like It. | Report Abuse
Same but my amount is not blocked but didn't got any new req for payment what to do?
45.8. Shan  Jul 18, 2021 08:47 I Like It. | Report Abuse
Same here. I got alloted with GR Infra IPO. UPI mandate through Phone pe failed. Amount is blocked in Bank account. I contacted both Upstox and GR Infra customer support. Send email regarding the issue to both. Finally today the shares are appeared in my demat account. And the payment is still pending. Is there anyone whose problem wasn't resolved. Contact gril.ipo@kfintech.com and cs@grinfra.com through email.
44. Jignesh  Jul 17, 2021 08:38 I Like It. | Report Abuse Reply
Same herea i got allotment of gr infra ipo fund is not devited and still in line or block amount. I made upi from phone pe at time ipo. Allotment day phone pe re initiated notification received. I pay for that technical decline massage ganrate on phone pe. Now what to do. Reply any one know.
44.1. Prashant  Jul 17, 2021 19:03 I Like It. | Report Abuse
Even i got the same error. I contacted phonepe support but was of no use. Should we contact bank?
44.2. Shan  Jul 17, 2021 22:57 I Like It. | Report Abuse
Same here . I got alloted for GR Infra IPO. Recieved email from my broker and CDSL regarding the IPO. But the amount which I made an UPI mandate through Phone pe was failed. When I contacted Phone pe they said it was a problem from my Bank's end. Yesterday I contacted the bank and they said if there is any problem with the bank it will take 3-5 days. The amount is still in hold with the bank. And there is no way to revise the payment. Is there any hope for me to get the alloted IPO.
43. SAMPATEL  Mar 12, 2021 20:52 I Like It. | Report Abuse Reply
What is happening...
UPI-Mandate for Rs 14950.00 could not be cancelled due to UM8.
I got that message yesterday. I emailed abiut this problem to HDFCBANK yet didnt receive any clarification from bank. Has anyone get solution please inform in forum.
43.4. Narinder Goswami  Jul 15, 2021 12:04 I Like It. | Report Abuse
Did u got your money back
43.5. Krina  Jul 16, 2021 15:11 I Like It. | Report Abuse
How did you contact the HDFC bank I faced the similar issue. My amount is still blocked.


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. 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?