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Why my IPO application rejected?

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An IPO application can get rejected on multiple different grounds that can be technical or can due to error on part of the intermediary or the investor.

Some common reasons for IPO transaction rejection:

  • Multiple applications using the same PAN.
  • Incorrect and missing details in the application form.
  • Mismatch in PAN name and bank account name.
  • Incorrect UPI ID.
  • Incorrect bank details.
  • Missed to approve the UPI mandate within deadlines.

Topic: IPO Application Modification Feedback

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