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

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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.


162 Comments

12. Ashish Marwaha   I Like It. |Report Abuse|  Link|December 15, 2020 6:37:12 PMReply
My 15000 is still blocked what is doing SEBI ?

It must be relised within 2 days
11. Chandrakant   I Like It. |Report Abuse|  Link|December 11, 2020 8:58:08 PMReply
For burger king ipo. Not alloted the shares to मी

Still in my axisbank bhim upi it is under block amt
What should i do.
App is not allowing me to cancel bid
11.7. Raj   I Like It. |Report Abuse|  Link|December 14, 2020 6:18:47 PM
same issue. please bro. please help me. i need that money. my EMI is due now.
11.8. VINEET   I Like It. |Report Abuse|  Link|December 15, 2020 1:13:43 PM
Same here man.. I wanna apply for another IPO and my money is still blocked.
10. Prabhat   I Like It. |Report Abuse|  Link|September 30, 2020 2:43:04 PMReply
Hi I have accepted the upi mandate and amount block but in applications status it is still showing amount block none almost 24 hour waited but still status is same
10.1. Chandu   I Like It. |Report Abuse|  Link|December 7, 2020 4:20:05 PM
How your accepted the upi mandate
9. Susobhan   I Like It. |Report Abuse|  Link|December 3, 2020 11:59:30 PMReply
Bhai did anyone received your money back..pls text me..i m worried...
8. Rejaul Karim   I Like It. |Report Abuse|  Link|October 23, 2020 6:38:12 PMReply
My likhita ipo amount is still block.
7. Amit   I Like It. |Report Abuse|  Link|October 1, 2020 10:04:38 PMReply
I have applied for likhitha infra IPO through online banking My amount is showing in blocked state in my account . But in allotment status I am getting No records found . Pls reply what to do
7.1. prabhat   I Like It. |Report Abuse|  Link|October 8, 2020 4:26:37 PM
how you get the refund because i am facing the same issue in mazagaon dock ipo
7.2. Rejaul Karim   I Like It. |Report Abuse|  Link|October 21, 2020 8:24:39 PM
I am facing same issue of likhita ipo. Amount is still blocked now.
6. Vasudeva Shet   I Like It. |Report Abuse|  Link|October 9, 2020 8:35:47 AMReply
My order of mazagon request status shows failed to Apply in mandate but my amount is blocked now.
How to i get my money back
6.2. rhythm   I Like It. |Report Abuse|  Link|October 20, 2020 7:47:42 PM
Sir, did you got our amount back?
6.3. Amandeep   I Like It. |Report Abuse|  Link|October 20, 2020 10:44:28 PM
My amount also still blocked.
Have you received your's ?
5. Jinu raj   I Like It. |Report Abuse|  Link|October 16, 2020 6:02:19 PMReply
I have applied for Angel broking and CAMS IPO through bhim upi mandate. Amount status is still blocked. Please suggest me in this case what would i do.
4. ANkur   I Like It. |Report Abuse|  Link|September 30, 2020 7:12:13 PMReply
I have applied for CHemcon IPO through UPI Manadate . My amount is showing in blocked state in my account . But in allotment status I am getting No records found . I do not see shares in my Demat account and amount is also showing in blocked state .
4.2. Arvind Kshirsagar   I Like It. |Report Abuse|  Link|October 10, 2020 8:07:58 AM
I applied for CAMS , I didn't get any shares . But my mandate is still not revoked.
4.3. Naveen Sethia   I Like It. |Report Abuse|  Link|October 11, 2020 5:08:38 PM
Brother,what action you have taken please suggest as I amfavimg same issue.
3. Pinkesh Khatri   I Like It. |Report Abuse|  Link|September 30, 2020 9:27:46 PMReply
I am not able to process payment through Bhim app. So, I have cancelled ipo request and re generated but 2 payment see in bhim app and by mistake approve both request. One is live and one is cancelled. So how can get back money?
2. Prabhakar   I Like It. |Report Abuse|  Link|September 21, 2020 4:39:04 PMReply
Then by what time the route ipo funds will get unblocked
1. Mayur   I Like It. |Report Abuse|  Link|September 16, 2020 1:57:16 PMReply
Shares have not been allotted to me. What is timeline by which amount will be unblocked in my account. Will it be blocked till UPI mandate end date even though allocation is zero?
1.1. Somesh   I Like It. |Report Abuse|  Link|September 18, 2020 11:18:55 AM
Same here bro, but i have recieved a message saying, "Hello! UPI Mandate could not be revoked."


Find more questions on this topic

  1. What is UPI?
  2. What is UPI PIN?
  3. What is UPI in IPO?
  4. How many applications we can bid for an IPO through UPI from one account (according to the new rule of SEBI)?
  5. What happens when an IPO request through IPO has expired?
  6. Will the net banking based ASBA process for IPO completely stop after UPI phase 1?
  7. How does UPI help me?
  8. What is VPA (UPI PIN, UPI ID or UPI Code)?
  9. How do I open UPI Account? How do I register to UPI?
  10. How to use UPI with ICICI Bank?
  11. From when can I use UPI as a payment option in IPO?
  12. Can I submit the IPO application with UPI with my broker?
  13. Up to what limit a retail investor can I apply for an IPO in UPI?
  14. What if my bank is not providing UPI service for IPO?
  15. How do I select UPI as the payment option while applying for IPO?
  16. Can I use third party UPI ID or a third party bank account for making payment in IPO?
  17. What if I by mistake decline the UPI collect request to block funds for IPO?
  18. What if I do not want to proceed with the UPI IPO application? Can I withdraw my bid?
  19. What if I get a technical error on the UPI App while accepting the IPO request?
  20. Will I be notified when the bid is successfully placed for IPO using UPI?
  21. What happens if I don't get a blocking request from the broker on the UPI id entered in the application form?
  22. What if I input wrong UPI PIN while authorizing the request from IPO?
  23. Can I modify/cancel an IPO request made using UPI by visiting my bank branch?
  24. Is there any timeline by which I need to act upon the block request from UPI for IPO?
  25. How do I know that the UPI block request from IPO is not fraudulent?
  26. What if my amount is blocked twice for a single IPO request using UPI?
  27. What happens if I deregister from the UPI App after accepting the IPO request?
  28. What happens if I do not have sufficient balance in my bank account while accepting the IPO blocking request through UPI?
  29. Can I use the same UPI PIN for accepting the IPO block request?
  30. How many times do I need to input UPI PIN for creating and processing the IPO block request?
  31. To whom should I approach if I have some issues with the IPO block request, my bank or my broker?
  32. How do I know if my bank is providing IPO services through UPI?
  33. Can I modify the bid quantity, price, block amount, etc., when I UPI receive a block request for IPO?
  34. Till what time I can authorize the modification UPI request for IPO?
  35. Till when can I revoke an IPO mandate request through UPI?
  36. What does revoking an IPO request through UPI mean?
  37. What happens if revoking of an IPO though UPI fails due to technical error?
  38. What happens if I get partial allotment for IPO applications through UPI? Will my money be unblocked for the remaining shares?
  39. What are the steps in UPI IPO process in India?
  40. How do I get the UPI ID for a Minor Account?