Just received refund message. Money got debited last night. Can anyone explain what might be the reason of decline? INR 14820.00 credited to A/c no. XX3640 on 12-08-23 at 15:05:30 IST. Info- UPIP2MPAY/DECLINE/11.08.202. Avl Bal- INR x - Axis Bank
This means u had got allotment, but debited one day advance, so they reversed the amount and will debit next working day. don't worry u will again get debit mesage.
sebi tells registrar to give allotment or keep they systems ready to give allotment in t+1 day...
but i think due to lack of staff,unqualified staff nd 2g internet network of bsnl in their office both registrar not able to read sebi circular properly