Paragon Fine And Speciality Chemicals Limited IPO Message Board (Page 3)

Dear Members,
I had applied in Paragon IPO using Upstox ipo website and giving kotak bank upi mandate. my money was blocked on 27 Oct 23 and unblocked on 1 Nov 23. but on checking status in allotment, I found there was no record. On writing to the Registrar they reverted saying they did not receive any bid in my name PAN OR DEMAT Details. It means perhaps Kotak or Upstox was at fault for not submitting my application. I have registered one complaint with SEBI asking compensation supposing I would have got allotment but for their fault.
Members please suggest me what other steps can I take or who could be responsible party?

This is a sheer case of Kotak even I have faced many a times, Kindly complain the same to

Shares alloted but money not deducted from bank account

​@Rajatkol They will deduct it, just keep the necessary balance in Ac..

Is Listing tommorow?

​@Hemarajsinh , As per the allotment email it is on 3rd Nov.

Paragon fine will hold on listing day or sell on listing day for upper side movement. Kindly advice the experts. Thanks

I am not an expert but considering the demand for IPO and decent fundamentals and financials, I would wait and watch on the listing day. I expect an upmove…

Take example of Basilic fly, it open around 250% but since listing it's struggling to move upside in short term, same with sungarner energy.

Any stock go above buying zone it might not move very sharply.

On the other side, Hi-green And Vishnusurya infra listed below expections due to negative news but now both share doubled the investor money in Less than 1 month.

Before buying check valuation, and risk of downwards of stocks.

May be i might wrong!

Happy investing!.

I got allotment but my UPI payment through SBI app is unsuccessful due to payment exceeded limit. Than what will happen to my allotment in paragon fine ipo. Kindly guide me. Please reply the experts. Thanks

Don't worry But always keep that amount in Bank account till debited

@kgb thanks 👍

0/6 Retail applications

any update for PNB funds unblock...

Pnb unblock

It is shocking that the UPI mandates have not been revoked as of now. Anyone whose UPI mandate revoked for Paragon?

HDFC UPI just unblocked

Kotak UPI unblocked👍

Funds unblocked.

Checked with LM. they are trying for listing on 3rd.

That's good @Hrishikeh Hope Kotak UPI also unblocks😄

SBI ASBA just released

Fund release hoga tabhi maitreya mein jaega

Indus released…...

No allotment and no sms or email of mandate revoked yet. These days have to write manually to registrar for mandate cancelation. Happening repeatedly, dunno why.

Yesbank money unblocked for me.
Any news on ICICI and SBI?

ICICI ASBA not unblocked yet..

ICICI just unblocked

Kisi ka Sbi upi unblock hua kya?

Waiting still for all : SBI, ICICI, PNB.

Anyone indusind bank asba amount is unblocked?

Kudos to bigshare for early allotment.

0/1 in retail