Hi..i applied for the ipo application but I then rejected the application, and re applied however I received the mandate for both the application and by mistake I accepted the mandate against the application which I initially rejected my amount is still blocked is my application accepted or rejected plz reply..
I apply ireda ipo via motilal app and mandate accept money still block but motilal apps show mandate rejected today. I very sad why it possible senior members please help.
If this is true, most probably it is because of technical rejection. I applied for Sai silks at lower price band and the hold was removed almost a day before allotment was out.
443.7. SANJEEV SOOD| Link| Bookmark|
November 24, 2023 12:31:35 PM
Top Contributor (300+ Posts, 100+ Likes)
My third party UPI Hold (single lot retail ) is also showing revoked . May be rejection on technical ground .
443.10. MuStrFc| Link| Bookmark|
November 24, 2023 3:57:54 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@SANJEEV SOOD@SUNKARI SUJITH KUMAR Even i have a couple of third party applications via ICICI, so if it rejected due that, and if these were true, mine should have unblocked as well but so far no reply of that sort received
@MuStrFc , 3rd party applications are bank dependent. I think you have applied using SBI/AXIS/BOB or any other bank which is still not proactively marking UPI applications as 3rd party (if demat and bank pan is different).
3 of my upi retail application self only money removed in morning . Reason is still unknown but i guess it is due to grow application and exchange issue for not submitting the bid properly even after blocking the funds
441.1. UjwalG| Link| Bookmark|
November 24, 2023 5:01:48 PM
IPO Guru (1300+ Posts, 600+ Likes)
You shld complain this. Sometimes if banks didnt properly marked the lein then the applicant gets some compensation from banks since he missed the opportunity of profit. Idk about the brokers though.