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What if IPO wasn’t allocated to me? When will my money be unblocked?
In case of non-allotment, here’s what to expect:
Refund Initiation
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Refunds are typically initiated on the IPO allotment date
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In some cases, this may extend up to the listing date
Refund Credit Timelines
Depends on your payment method:
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ASBA (Bank Block): Funds are usually unblocked within 24 hours
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UPI: Refunds are processed within 3–5 business days"
Open Demat Account
Open Demat Account