What happens if I get partial allotment for IPO applications through UPI? Will my money be unblocked for the remaining shares?

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In case of part allocation, money will be debited for the allocation value and the residual amount will be unblocked to your account.

Topic: UPI for IPO Application (Unified Payments Interface for IPO)

2 Comments

2. Akash Jayprakash Padshetty Mar 3, 2021 22:09

I got IPO the allotment but the amount which was blocked was not debited due to bank's technical error. What will happen to my shares that has been allocated to me??
Please answer

1. Ashish Jul 23, 2020 12:19

I have been alloted partial shares in IPO, but even after listing of share, amount is still blocked in my account.
What to do?

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