That will be debited right if shares are allotted
Yes that’s what i meant and thank you for the response. I will wait till night then.
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Same thing happened with me,
I applied for an Ipo and didn’t receive mandate then I canceled the application and applied again and then received mandate and accepted but it was for the 1st one which was canceled now the amount is blocked I want to apply for ipo again when will the funds be unblocked as there is only 1 day left in ipo closing.
Hi Anuj,
i am facing the same issue, how much time it takes to release the blocked amount ?
The blocked amount for cancelled applications will be released within 48 hours or by the mandate end date. If it’s not released even after the mandate end date then you can escalate this to NPCI at [email protected] with your application number, IFSC Code, and Bank account number.
Thankyou for the information. Appreciate it 
.
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