When will I get my IPO refund?

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The funds will be unblocked from the ASBA account on the refund date specified in the IPO Offer Document .

The amount of unblocking/refund depends on the allotment status.

As per the new SEBI guidelines, the timelines for IPO refunds have been shortened. The issuing company is required to refund the IPO money to the investors within four working days of the closing of the issue.

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Topic: IPO Funds Unblocking Feedback

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