Ipo allotted but balance not debited

I got an allotment of rosari biotech. I applied using phonepe upi for the first time. The issue is even after getting a confirmation of allotment my payment hasn’t been debited from my bank account. I am not sure what to do since it’s gonna be listed today. Any thoughts?

1 Like

All IPOs follow the ASBA (Application supported by blocked amount) model. The funds will remain in your account but they’ll be blocked. The allotment was finalized only today, the funds will be debited in a day or two.

1 Like

I got allotment i had applied by Zerodha checked through my pan card but there are no share in my holding also no money was dehbited from my acc and tomorrow is listing what to do?

1 Like

Exactly same thing happened with me with yes bank ipo…and now sat sunday…and monday listing…what should i do…please suggest. Banks are also closed 2 days…

Bad mai kay huya ipo sher mila

Same happened with me did you get shares or not on the listing day. Please reply

As you’ve received the allotment, the shares will be credited to your Demat account nd will be available for trading upon listing. You don’t have to worry about it.

Sometimes there can be a delay in debiting the amount blocked. You can reach out to the RTA at [email protected] for Clean Science IPO and at [email protected] for G R Infraprojects IPO.

2 Likes

mujhe rolex ring ka ipo allot hua aur account me credit ho gaya lekin payment fail dikha diya maine shared sell kar diye payment demat account me aa gaya lekin ab tak bank se payment nahi kata hai but hold hai

You can write to the RTA at [email protected], they should be able to resolve your issue.