Refund in IPO FAQs

How much time it will take to unblock my blocked money,if I buy an IPO and cancel it the same day?

It all depends on the bank. The process shouldn't take too long and your bank should be able to unblock your application within a few days.


Is there a charge for refunding money if an IPO share is not allotted to me due to excessive subscription? Will it receive the full amount? What is the process for getting my refund?

Refunds of money are free. The application amount for an IPO online is automatically blocked in your account. This amount cannot be withdrawn. This amount will remain locked until the allotment for an IPO is completed. If you apply offline …


In ASBA when the money is blocked? Before closing date or after closing date of IPO?

When you apply for an IPO, the application money is frozen. If you withdraw from the IPO prior to the closing of the IPO, the money will be immediately unblocked. You cannot withdraw the money, but the blocked money will …


Where to file complaint to SEBI regarding refund and allotment for IPO?

SEBI has created an online complaint management system for investors in IPOs who are having difficulty receiving IPO refunds or IPO allotment. To file a complaint with SEBI, click here Note: Please make sure you contact the registrar at the …


What do I need to do if I didn't get the IPO refund?

The IPO Registrar is responsible for processing IPO application. This includes refund and allotment processing. This is not the responsibility of the broker, issuer company or lead manager. There are a few steps that can be taken to receive an …


I have an account with online trading that I use to apply for IPO's.Does my IPO refunds automatically sent to my bank account each time I apply?

ECS is not guaranteed by the registrar. ECS is not available in all cities. It all depends on which registrar you choose to send a cheque or ECS refund.


Through ECS why am I not getting my refund?

ECS ( Electronic Clearing Service), or direct deposit to a bank account, is a popular way of getting refunds now-a-days. They are quick, inexpensive, and simple to process. ECS was allowed by SEBI to be used for IPO refunds starting …


In how many days does the refund in IPO takes place?

After IPO allotments have been completed by the registrar, it usually takes three to 10 business days for IPO refunds. It all depends on how the refunds are processed. Two ways are common to process refunds: Electronic Clearing Service This …