This brief writing is related to blocked amount of Motisons Jewellers Ltd. IPO.
I also face the same issue & after raising queries via email to my SBI bank branch along with email ids of SBI, my issue has been resolved. Kindly take continuous follow up on email ids i.e. upi.appsupport@sbi.co.in & support.upi@sbi.co.in.
Moreover for other banks, designated email IDs of banks for resolution of your issues. My hold amount has been removed by today after continuous follow up with bank.
Furthermore if your issue has not resolved then you have to wait for mandate end date for amount unhold.
Thanks for your positive response.... I am still facing this issue and many follow up done but till date amount is blocked and it is showing mandate date is 19 th January 2024.. so should i wait till date?
374. crsl| Link| Bookmark|
December 29, 2023 10:48:58 AM
IPO Mentor (600+ Posts, 300+ Likes)
I applied from 2 different accounts thru SBI UPI..... 1 amount unblock yesterday only but in my account amount is still blocked...... ...hey bhagwan.......
Can any one tell me were did I get transaction id or UTR number in gpay autopay. I need this for unblocking my amount .I have mail to sbi they send me link to fulfill. So tell me were is transaction od or UTR number
Honestly, Sbi wale ch###ye hai, because this is the same issue i have informed multiple times and their complaint portal is faulty. As you cannot have a Transaction id or UTR no until the transaction is done. Since this is a case of lein getting stuck, i just put my phone no. There and the complaint is rejected. Better option is email them on their upi handle.
Apologies for the cursing, but such is the situation. The whole fault is of sponsor banks who's servers are run on windows 98.
I have applied for 1 lot IPO vide Application No.: 33395945 and same has been accepted by the company for allotment. Till today 26/12/2023 no share has been allotted in my favour. The allotment details are as follows: BID ID -694738736 Qty.-250 Price : Rs.55.00 Please look after the concern as an earliest.
Sir, What a coincidence. I have also purchased a small quantity of 100 shares @ Rs.99.60 with a hope that the price will rise to Rs 120/- shortly. Let’s see what happens.
Thank you sir for your advise. Yesterday I sold half of the quantity @157.55 and the other half today @178. I hope I haven't made a mistake by selling whole quantity.
@Monster Zero Thank you sir for your advise. Yesterday I sold half of the quantity @157.55 and the other half today @178. I hope I haven't made a mistake by selling whole quantity.
Ek taraf hum dukhi the motisons na lagne par, par humse bhi dukhi 2 aur log the muthoot micro fin aur Suraj estate waale 🤣🤣
359.1. Simply Vicky| Link| Bookmark|
December 26, 2023 3:39:32 PM
Top Contributor (700+ Posts, 100+ Likes)
@LyricsSage Well said....i applied 2 shni application in muthoot with one retail & 3 bhni in motisons...but i did not get allotment.
359.2. JSK✨| Link| Bookmark|
December 26, 2023 5:56:30 PM
IPO Guru (1600+ Posts, 900+ Likes)
I was allotted all 3, 2L Motisons and 1.5L Suraj/Muthoot. Sold Motisons @109 and holding rest with minus of 20K than issue price. Let's see moving ahead, worst case will book the loss in those 2.
Off topic : Please help ESAF small finance bank 1 shni amount is still blocked in my bank account. Its been 40-50 days now. What to do..already emailed registrar and contacted bank several times..don't know what they are doing.
Yes sir..i don't know aur kitna wait krna pdega..aj bank wale bole k net banking m login krke asba m remove hold pr click kro..😂😂 i told them that i applied through upi..please someone help.
358.3. UjwalG| Link| Bookmark|
December 26, 2023 4:45:49 PM
IPO Guru (1300+ Posts, 600+ Likes)
What !! Still blocked. You waited for long, pls contact ombudsman and lodge a complaint. And if im.not wrong you are eligible for compensation. I cant remember exactly but you get per day compensation if block amount is not released after a month. You shld escalate this, dont sit still now. It is bank at the fault . I will share the doc if i find ,about penalty per day if money not unblocked. Cheers.
358.4. UjwalG| Link| Bookmark|
December 26, 2023 5:01:51 PM
IPO Guru (1300+ Posts, 600+ Likes)
Correction: Complaint on SCORES platform, its a sebi website. And i have a doubt, upi mandates have expiry dates, they expire within 15 days, then how your fund has been still blocked ? @Rohit bhardwaj Below is snippet of the rule, funds shld be released within 15 days ,if not then penalty. Hence the mandate expiry days are 15 days away.