I got one allotment in indegene ipo, but upi autopay failed due to some banking issue and today i got a message that amount got unblocked. So what its mean is my allotment revoked? Please suggest
@Subham Das I am also facing the same issue. But don't worry they will deduct anytime. Just keep the Money in account. The can't reverse the process once alloted.
919.1. CJ ROCKS| Link| Bookmark|
May 11, 2024 1:41:42 PM
IPO Mentor (500+ Posts, 300+ Likes)
@Always Be Positive Karma will decide Yes,👍 sir I reiterated many times some thing is fishy in allotments. IN Mainboard LINK and KFIN and in SMEs BIGSHARE are doing something which is not acceptable. Many of us got below average allotments in IPOS where these registrars are doing allotment in many past issues.
919.2. CL BASSI| Link| Bookmark|
May 11, 2024 7:12:31 PM
Top Contributor (300+ Posts, 100+ Likes)
I got allotted 1 lot of indegene through UPI n shares are credited in demat n money debited yesterday but today amount got credited. In how many days the amount will get debited again n will I sell my shares on listing day? Thanks
I had applied through UPI. I've been allotted the shares and accordingly funds blocked were debited, however today I've received message that the amount has been credited back.
On the other hand, the shares have been credited to my demat.
Considering the listing on Monday, kindly suggest further action ASAP.
916.1. Basuvr| Link| Bookmark|
May 11, 2024 4:15:02 PM
IPO Guru (1800+ Posts, 1000+ Likes)
@Kau Sir no action required, as the shares are credited to your demat accout you can sell on listing or keep it for short/long term. The funds will be debited again, just keep the funds in your accout.
Don't mind bhaiji, but everyone is not fortunate enough to have funds in all accounts so they are bound to go for 3rd party though it is not legitimate. 3rd party discussions here gives us hope of some allotments in future 🙏🏼