Oh okay , got it . Is it possible to receive deducted amount earlier if I Delete the order now ?
I am also facing same problem. Is it resolved?? And how.
I got IPO allotment for MTAR Technologies but my UPI mandate request shows payment is failed, what should i do now?
The registrar shares an allotment file with the banks based on which funds are debited from the account. You can write to the registrar at [email protected] to check why the transaction failed.
Hi, I have applied for IPO and the mandate was accepted by me but it said failed by the bank. Here a screenshot of the bid status.
What happens now?
Hi there! this is my first time for applying for ipo. I have applied for nazara technology ipo through groww using bhim upi app and i accepted the mendate, however i cancelled my order the same day from groww but still in bhim upi it shows active ipo profile and so i tried to open the attachment given in that active profile which shows 404 error and my money is still blocked.
Can someone please help me out!!
If you cancel your application the funds will be unblocked in 24 to 48 hours. If not, it might take up to mandate end date.
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Oh ok…Thanks for the reply sir!
If you have NET banking apply IPO from that,
no hassle of this UPI mandate and all
the money will be blocker by bank and released same day the allotment are declared.
in my case allotment was declared in noon time by evening my money was unblocked.
I guess even if you cancel the IPO request during open window you money will be released same day as bank is itself holding it and doesnt require authorisation delay from any app.
In UPI first broker will connect to your UPI provider, UPI provider will connect its Bank and then regitrar
in Net banking Bank deals with Registrar with no role of brocker except allotment of share if alloted to you.
there is no biaseness for allotment of IPO in case one applies from UPI or Net banking
the process of applying from net banking are available on youtube.
open net banking portal of bank where you have account
you need you Demat account number to be filled in for allotment so keep that ready
Hello! UPI Mandate could not be revoked. <UM9/RESPMANDATE TIMEOUT AT REMITTER END>.Axis Bank
What does this mean? I applied for GR Infra IPO but not received allotment and refund is not yet issued. Axis Bank told to contact Zerodha Broker.
Zerodha told to contact Upi team.
Why blame game is ON?
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Hi @Mants
UPI Mandates are revoked after the allotment date.
GR Infra IPO allotment date is today. ( 16/07/2021).
Note: Certain banks may not complete revocation until the mandate end date. You may raise a request with your bank to release funds anytime after allotment date in case you have not received allotment of shares.
I contacted Axis Bank and they told me to contact Zerodha.
We’re just intermediaries who submit the application to exchange and have no control over funds. You can contact NPCI at [email protected] with your application number, IFSC Code, and Bank account number.
I contacted NPCI and they are asking me to connect with Bank, RTA, Broker. I have contacted all of them and now only the blame game is ON.
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For GRINFRA IPO, the amount is debited twice from my bank account. How much time it will take to credit the excess amount or to whom I should contact?
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Amount should be unblocked by mandate end date. You can also contact NPCI at [email protected] with your application number, IFSC Code, and Bank account number, also get in touch with your respective Bank.
After how many days of allotment u got refund
I think you will have to talk to your bank’s customer care about this. If the transaction has been made already, they will check it and either credit the amount back or help with the processing. At lowest you will have a clear status about the payment.
When you got ur moy back .I also faced same problem while applying for Zomato ipo
I had applied for Tatva Chintan Pharma IPO from my demat and my mother’s demat account. I have received refund for only one application and the other one is pending. I contacted NPCI and UPI app for which I received only one reply that is to contact the broker.
Please help!