How do I check my IPO refund?

You can check your bank account to know the IPO refund status.

Generally, you will receive notification of the refund/unblocking on the IPO refund initiation date. However, if you do not receive a message, log in to your bank application or website to check if the funds in the ASBA account are unblocked.

For UPI bids, the mandate will be revoked on the IPO refund initiation date or on the mandate expiration date depending on the bank policy. Therefore, it is important to check the mandate expiration date when approving the mandate and change it if necessary.