What to do if IPO refund not received?

If you have not received your IPO refund or the amount is not unblocked, contact your bank and the IPO Registrar to check the status.

The registrar and banks are responsible for reimbursing IPO funds.

Follow the below steps if funds in your bank account are not released or you do not receive credit of the IPO money within the specified deadlines:

• Reach out to your bank to check for the status.
• Contact the Registrar online via mail or offline by visiting the nearest branch.
• Raise investor grievance with SEBI as a last resort in case there is no revert or any action from Registrar's end.

Note: There is no specific IPO refund mail format. However, providing each intermediary with the complete IPO application information and your contact details enables them to easily answer the queries.

  SME IPO Enquiry