What happens if I do not get any shares but my money remains blocked when applying IPO through UPI?

Zerodha (Flat Rs 20 Per Trade)

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In case the shares have not been allotted to you and money is not unblocked / reinstated in your account, you may raise a complaint through the UPI App.

Topic: UPI for IPO Application (Unified Payments Interface for IPO) Article

162 Comments

112. Vishal Rastogi

| Link|December 20, 2021 9:36:59 AMReply

Has anyone received their revoked funds from tega industries

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112.4. Dharma Teja

| Link|December 29, 2021 5:59:09 PM

Not Received bro from Tega. Still my funds are in block stage.

112.5. Halik

| Link|January 7, 2022 7:31:05 PM

Bro... Have you received your amount..?? For Tega industries IPO

111. Prashant

| Link|January 1, 2022 1:02:40 AMReply

Same happened with me allotment was at 24 December for supriya they mailed me for refund intimation but still i didn't got my amount in my account

110. Prabhat

| Link|November 26, 2021 2:14:09 PMReply

I have applied one IPO (Destiny logistics) on 5th Oct. No shares alloted. IPO amount not yet unblocked even after mandate end date (20th Oct). I approached to SBI bank thru which money was blocked thru BHIM SBI UPI, nop resolution so far since 6 weeks, raised complained in SBI customer service several times but no resolution yet. My home account SBI branch could not able to support & is saying to contact SBI branch (16209) who has blocked this hold. But I could not able to contact this branch (sbi.16209@sbi.co.in), since email address of that branch is not working, mail is getting bounced back, & even contact phone number does not exist.

Also raised complained to NPCI & UPI support.. No response from them.. Where to go and how to get my money back to my account.

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110.2. Dinesh Kawatwad

| Link|December 25, 2021 6:07:32 PM

Sir i did same as u.
What u did next procedure...

110.3. Dharma Teja

| Link|December 29, 2021 5:56:58 PM

I am also facing the same issue. Did you get the money back ?? If yes, please suggest us.

109. Mahesh Agarwal

| Link|December 22, 2021 8:45:49 PMReply

I had applied in ABSLAMC on 29 Sept.21 through BHIM app.still my amount is not unblocked.my bank is AXIS .Pl adviSe what should I do.pl.guide I m new for BHIMA APP.is there any link for unblocking of funds.

108. Amarjit

| Link|December 18, 2021 3:47:35 PMReply

My money is still in block (bank : sbi) mapmyindia What i can do ?

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108.5. master

| Link|December 21, 2021 9:41:12 AM

me too facing same problem

108.6. Bhushan

| Link|December 21, 2021 10:48:51 AM

Me too. I just called the SBI, Phonepe and Linkintime. They all said that there is a technical issue with the bank due to which the funds are still blocked. The phonepe guy told me to wait for 5 days from the date of allotment.

If this doesn't work then in your UPI mandate there is an end date by which the autopay will automatically get cancelled and then the money will be unblocked.

107. amina

| Link|December 17, 2021 10:00:15 PMReply

My money is still in block (bank : sbi , UPI app : google pay) , but refund and allotment and listing were already over for rategain ipo

What i can do ?

106. Rudra Narayan Rautray

| Link|July 22, 2021 1:06:21 PMReply

I had applied an ipo in clean science on 9th july but ipo mandate going unsccessful and money hold by bank . My money have not refund till yet .

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106.4. Deepak. M

| Link|July 29, 2021 6:53:39 PM

Same for me also while applying GR infrastructure, the payment got failed and I still not received the amount.
I called bank and broker, both are blaming each other. Don't know what to do
Can anyone help regarding this.

106.5. PRACHI KAMBOJ

| Link|September 5, 2021 11:39:12 PM

This same happened to me.. bank only saying the file for an application send mail to address which never works. I am tired of contacting customer service nobody know what to do . Please someday if have gone through the same problem and resolve it please do tell us

105. Kailash Gaikwad

| Link|September 5, 2021 11:24:11 AMReply

My glenmark life science ipo refund not received yet please help

105.1. Arpita Jain

| Link|November 22, 2021 7:01:57 PM

Have you got the amount back?? Same happened to me, my broker is angel broking. The amount got blocked from axis bank and order is showing cancelled on angel broking app. I don't know why such pathetic service to customers.

105.2. Harshita

| Link|November 26, 2021 12:41:21 PM

Same things happened to me twice. Did anyone get the solution for this? I have called to customer care of gpay, zerodha and hdfc multiple times. But all of them just keep putting the blame on each other. Never thought this would also become like a government office.
If anyone has found any solution please help

104. anitha

| Link|November 19, 2021 2:52:09 PMReply

I applied for NYKAA. I didn’t receive the amount and in bank server amount is not available in lien as well. Kindly help

103. Rishabh Jain

| Link|August 23, 2021 1:34:47 PMReply

My amount for devyani international ipo is still blocked. Please help me in this regard

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103.5. Abhishek

| Link|November 8, 2021 7:59:34 PM

did your money unblocked??

103.6. Roshan

| Link|November 18, 2021 2:28:33 PM

I applied for NYKAA. I didn’t receive the amount and in bank server amount is not available in lien as well. Kindly help

102. SUNIL KUSHWAH

| Link|November 16, 2021 9:50:06 PMReply

I was applied for sigachi ipo but my amount still not get unblocked. Plz help what to do.

102.1. Pulkit Gupta

| Link|November 16, 2021 9:55:15 PM

Same

101. DEVENDRA GUPTA

| Link|November 15, 2021 7:18:45 PMReply

I have applied for Sigachi IPO. I have not get the allotment but amount is not refunded still now.

DP Client ID : 1203320040099714
Application BID No.: 95127259

what we do??
Please Help...

100. Ashoke kumar Jana

| Link|November 5, 2021 3:39:20 PMReply

I Ashoke kumar Jana &Sagnik jana, my son holding two demat a/c,being operated from a joint SBI a/c.As per Ipo application no 80245461&80245937 two lot of ABSLAMC has been credited to our desperate demat a/c and ₹14240×2 has been debited from our joint SBI a/c no30834425149 ,but extra amount ₹14240 still blocked.pl un blok the amunt

99. Arun

| Link|October 19, 2021 4:15:52 PMReply

I have applied for PDSTL IPO. I have not get the allotment but amount is not refunded still now. what to do??

98. Meghali Sharma

| Link|October 11, 2021 7:57:15 PMReply

I have applied for PDSTL on 22 September 2021 .I have not got the allotment.Mandate is expired on 7 th october,but amount is not refunded yet.Why?

98.1. Bhushan Talekar

| Link|October 15, 2021 5:49:02 PM

Same issue

97. Dharmesh Chavda

| Link|September 14, 2021 1:15:20 PMReply

I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021.. But they have not yet refunded the amount.. I am facing great problems.. Please enlighten me what to do.. It's really not professional.. My broker is Grow.. My application no is 13819149.. And my blocked amount is 14640.

97.1. PARITOSH kumar

| Link|October 10, 2021 12:02:03 PM

I have applied ipo of paras defence and space technology limited through bhim UPI on date 21 September 2021. But I have not allotted above ipo. They have no refunded my amount.my broker is aditya birla money ltd.my application no - 97500104. My amounts is 14875/- . Please give suggestions what to do unblocked my fund.

96. Praveen Yadav

| Link|September 28, 2021 12:42:20 PMReply

I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021. But they have not yet refunded the amount.My broker is Growwapp. My application no is 80302966 my blocked amount is 14640

95. Patel Vimal Ashvinbhai Patel

| Link|September 28, 2021 2:27:12 PMReply

I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th September 2021. But they have not yet refunded the amount.My broker is go pay My application no is 60992574 Client ID 40479874 Hold Reason no: 124656978993 SBI AC No. 31134559364 my blocked amount is 14640

94. Sreerag

| Link|September 23, 2021 1:35:57 PMReply

I have applied for Devyani IPO via groww, but it's not allotted and didn't receive the refund too. In the payment details, I can see amt blocked and the amt in figures. Kindly let me know what should be done to get the refund

93. Julian Fernandes

| Link|September 18, 2021 1:15:28 AMReply

I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021. But they have not yet refunded the amount.My broker is Geojit. My application no is 67885835 And my blocked amount is 14640.

92. Yunes

| Link|September 15, 2021 10:21:54 AMReply

I have applied for IPO of AMI organics.. They have said to refund the blocked amount on 9th september 2021.. But they have not yet refunded the amount.. I am facing great problems.. Please enlighten me what to do.. It's really not professional.. My broker is Share khan.. My application no is 97215300.. And my blocked amount is 14640.
First time it's taken so much of time .
Whom to escalate let me know.

91. Mangesh M Petkar

| Link|September 14, 2021 10:13:37 PMReply

Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it

90. Amrut

| Link|September 14, 2021 9:49:51 PMReply

I had applied to ami organised hrough UPI Mode and IPO not issue. However, the applied amount is still blocked in my saving account. I also mailed to linkintime as well as bank but still money is unblocked.

89. Iliyas raja

| Link|September 13, 2021 11:09:34 AMReply

Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it

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89.3. Vipul Badgaiyan

| Link|September 13, 2021 6:07:25 PM

friend my money is also blocked with bank SBI... I had discussion with SBI people ...they told me faced problem in AMI ORGANICS in releasing money ....they are working and money will be released soon....

89.4. ASHISH

| Link|September 14, 2021 12:23:55 PM

Respected sir I applied for ipo of AMI organics was not alloted to me
My money is blocked kindly unlock it

88. Ajay Bhatt

| Link|September 14, 2021 6:48:47 AMReply

My ami organice ipo listing befor date not credited my demate account plz help ne

87. sahil

| Link|September 10, 2021 7:03:05 PMReply

my funds for IPO AMI ORGANICS does not release yet. Can anyone please help me to whom I should reach out?

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87.3. vipul badgaiyan

| Link|September 13, 2021 5:50:36 PM

if it is State Bank if india .. there is prroblem from bank side... technical issue.. my amount is still blocked ... registrar has issued isntruction to release fund ... bue to bank issue amount is blocked.. my amount is also blocked

87.4. U NATH

| Link|September 13, 2021 9:24:41 PM

I FACED THE SAME ISSUE. GOT ALLOTMENT I LOT AMI ORGANICS. AMOUNT IS NOT DEBITED FROM MY SB ACC.

THE ARE NOT CREDITED YET IN MY DEMAT.

86. Akshat Yadav

| Link|July 29, 2021 11:20:29 PMReply

I have applied for zomato ipo and my whole amount of Rs 148200 is still on hold
please guys share ur views if same is happening with u
I paid from google pay upi method
My bank is sbi
Share info if anyone got his refund

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86.6. Ayush

| Link|August 13, 2021 9:47:28 PM

still my rolex rings AMount is not unblocked, expiry date is 17th Aug,i can wait till then, but what if i dont get the refund, someone please help

86.7. Jay

| Link|September 13, 2021 11:51:22 AM

Same issue here .. how to get refund

85. Jyoti Kumar Raina

| Link|September 11, 2021 10:18:31 PMReply

Respected Sir I applied for IPO of AMI organics
&Vijya Dignostics which was not alloted to me
My money is blocked kindly unlock it.

85.1. Sahil

| Link|September 12, 2021 1:22:34 PM

even i havenot got my money unblocked... is it same case happened with you?

84. Jyoti Kumar Raina

| Link|September 11, 2021 10:11:36 PMReply

My amount forAMI organics &Vijya Dignostics is
blocked kindly unlock it

83. Shubham kapoor

| Link|September 11, 2021 3:27:42 AMReply

My ami organic IPo not refunded yet plz help

83.1. Baap

| Link|September 11, 2021 11:14:42 AM

There's has been bank holidays continuosly that might be the reason... Wait till Tuesday if you still don't receive than you need to wait till the mandate expiry date.

82. souravkrsharma

| Link|September 9, 2021 4:07:53 AMReply

Same here, I was alloted IPO AMI ORGANICS ON ALLOTMENT DAY, got an issue of MANDATE SIGNATURE IS TEMPERED OR CORRUPT in BHIM app.
Please update if any solution found.

81. Malik

| Link|February 28, 2021 7:23:05 AMReply

Message received: UPI-Mandate could not be revoked. MANDATE SIGNATURE IS TAMPERED OR CORRUPT (REMITTER) Could anyone help me. I'm desperate and it's an emergency.

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81.3. P Sharma

| Link|September 9, 2021 1:04:34 AM

Same here bhai, I was also alloted IPO AMI ORGANICS ON ALLOTMENT DAY,

Now in the Bhim app, it says MANDATE SIGNATURE IS TEMPERED OR CORRUPT

81.4. souravkrsharma

| Link|September 9, 2021 4:04:07 AM

I am also having the same issue with AMI Organics IPO. Please update if any solution found.

80. Deepika

| Link|August 30, 2021 5:07:30 PMReply

I had also bought the IPO of Car Trade Limited for an amount of ₹14562. But this IPO has also expired and its amount has not been credited to my account yet. Its end date is 26 August.

80.1. Rohit

| Link|August 31, 2021 1:27:48 AM

Please do let me know if you found the mailid to complaint for it , I am also facing same issue

79. Rohit

| Link|August 31, 2021 1:26:33 AMReply

I had also bought the IPO of Car Trade Limited for an amount of ₹14562. But this IPO has also expired and its amount has not been credited to my account yet. Its end date is 26 August.
Please someone tell mail id to complaint for cartrade ipo.

78. Waaeem

| Link|August 24, 2021 2:15:28 PMReply

I rejected the GreenMark Science IPO request from the BHIM UPI mandate and still amount got blocked for Rs 28800 , its been near a month amount is still blocked.

I approached bank , Zeroda they take no responsibility. Whereas Bhim UPI is app is not reachable.

Please help and guide.

78.1. Sudheer

| Link|August 28, 2021 10:36:20 PM

Bro u can complaint to sebi..first u can talk with kfin technology if they not respond u can contact sebi..find no online I do same

77. Abhi

| Link|August 17, 2021 11:56:04 PMReply

Hi sir,

I had bought devyani international IPO. Still not received refund. Have wrotten mail to registerar several times. How much time it takes to complete the refund.

Also when the shares do not get allotted you received message of ‘amount refundable/Unblocked: Not applicable’ . Rest all mentions amount. Please help

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77.6. Abhay

| Link|August 24, 2021 10:06:41 AM

I only received an sms from bank of unblocked amount bt there is no money shows in my balance what to do??

77.7. Dhavalsinh Champavat

| Link|August 28, 2021 3:29:55 PM

Bro don't worry, just visit your bank(by which you had applied for ipo) and tell them to unblock your money. They will unblock in 2 or 3 days. If you are sure that your money is in bank but blocked then no need to worry.

76. Neel Goplani

| Link|August 27, 2021 3:33:23 AMReply

I applied for Aptus Housing ipo,I did not get the shares alloted and my amount has not been unblocked and the mandate expired today on 27aug.In upi app the mandate is showing 'funds not withdrawn'.
Can anyone help?

76.1. harish

| Link|August 28, 2021 3:23:11 PM

please contact to KFintech Private Limited

Phone: 04067162222, 04079611000
Email: aptus.ipo@kfintech.com
Website: https://karisma.kfintech.com/

75. Pratik Rajendra Sharma

| Link|August 26, 2021 10:07:14 PMReply

I applied for Glenmark life sciences ipo and while approve on mandate the approval process didn't processed and it came bank facing server issue and amount got blocked and it's been a month the amount is not unblocked and even I got notification that I have been not allotted any shares on allotment check

74. Waaeem

| Link|August 24, 2021 2:13:14 PMReply

I rejected the GreenMark Science IPO request from the BHIM UPI and still amount got blocked .Rs 28800 . its been near a month amount is still blocked.

73. Neelam Tejwani

| Link|August 23, 2021 11:48:12 PMReply

Cartrade amount not unblocked yet.

72. Parminder singh

| Link|August 21, 2021 7:16:30 PMReply

My money got stuck in Devyani IPO.Never gonna apply for an IPO again.

72.1. Vikram singh

| Link|August 23, 2021 10:39:22 PM

Now I will also never apply for ipo because amount is still blocked, how ever they announced if any body will not get IPO mainy will be released on 21 aug 21 but fail completely, in future no any person will apply at this condition, my money for devyani and exxaro is still blocked

71. Ankit

| Link|August 22, 2021 6:21:57 PMReply

Devyani ipo mandate not revoked still

71.1. Rishabh Jain

| Link|August 23, 2021 1:36:45 PM

Same I have also not received

71.2. venkata siva reddy

| Link|August 23, 2021 3:34:53 PM

even i am also not received money so far

70. NAgina

| Link|August 22, 2021 5:33:38 AMReply

My amount is still blocked for DEVYANI ... PLease help!!! Anyone who faced this issue, got money back???

69. Kamal

| Link|August 21, 2021 10:44:06 PMReply

I had apply for Devyani IPO but my application was cancelled and i received msg that my amount is unblocked on the last day of ipo closing..But amount is not credited in my qccount till now..why?

68. sumit

| Link|August 21, 2021 1:45:49 PMReply

I am facing an issue where i have applied for gr infra from 2 account but 1 has alloted to me and amount was debited from my account that time.
But now the amount again debited from my account yesterday i.e 20/08/2021 and shares were not alloted to me.
Is it possible that shares can be alloted after 1 month also or it is wrongly debited from my account bcoz no allotment is seen in my account for this transaction.

67. Aman Pandey

| Link|August 17, 2021 12:04:17 PMReply

Anyone who is facing issue in Refund of Zomato IPO I suggest you to escalate via mail the issue with the ZOMATO IPO's RTA(Registrar and Transfer agent).

RTA Details:
E-mail: zomato.ipo@linkintime.co.in
Giving your details of demat account number, Application Number And DP id

67.1. Gunjan

| Link|August 17, 2021 6:43:14 PM

Hello sir,
I also applied for zomato IPO but didn't get any lot and I did complaint regarding this issue to zomato.ipo@linkintime.co.in and other authority but didn't got any reply nor solution. what should I do now.

Is there any time period to revoked the amount from bank side?
My home branch said this process will take minimum 3 weeks to unblock the amount after listing. Is that true? It's been a month now but amount is still block.

66. Sumabn

| Link|August 4, 2021 5:42:54 PMReply

My zomato money 14800 block mandate expair but money hold what I m doing now plz share and my problem and suggest what I am doing

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66.3. Aman

| Link|August 13, 2021 9:08:00 AM

Please let me know if your money is unblocked

66.4. Sanjeev Thaper

| Link|August 16, 2021 1:47:40 PM

Same peoblam

65. Kalpesh chauhan

| Link|August 7, 2021 9:55:47 AMReply

I have not get allotment of rolex ring even I didn't get refund yet. What to do? My account is in angel broking.

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65.5. Minakshi

| Link|August 11, 2021 9:56:41 AM

Same thing has happened with me

65.6. Shourya Agrawal

| Link|August 11, 2021 4:41:54 PM

Same thing happened my 14400 is also blocked till now

64. Nav Ratan Kala

| Link|August 10, 2021 10:22:56 PMReply

I have not received Rolex Rings IPO blocked amount as yet My Demat account in Alankit assignment

63. Omprakash Patel

| Link|August 9, 2021 6:01:37 PMReply

i applied for NPTC shares it doesnt alloted and my money is still on hold any suggestion.

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