Why UPI mandate not received for IPO?

Sometimes investors do not receive the UPI mandate due to technical problems or server failure on the part of the bank.

In certain cases, it takes about an hour before you receive a UPI mandate. If you still do not receive the mandate, resubmit the application.

Ensure to check the below before re-initiating the IPO application :

• If the mandate request was received but there was no notification on the UPI app.
• Correct UPI ID was entered.
• The UPI App version is the latest.
• The registered bank supports IPO bids.

  SME IPO Enquiry