When will my IPO amount be unblocked?

If your IPO application is not allotted, the blocked amount is usually unblocked on or before the IPO listing date. This depends on the expiration of the UPI mandate linked to your application. Here are some key details:

1. Unblocking Timeline: The bank typically processes the unblocking automatically after the UPI mandate expires. This can take 3-4 working days after the IPO listing date.

2. How to Check Status: You can check the status of the blocked amount in your bank or UPI app under the 'Blocked Amounts,' 'Amount on Hold,' or 'Autopay' section.

3. What to Do If Amount is Not Unblocked: If the funds are not unblocked by the expected date, follow these steps:

   • Contact your bank to inquire about the unblocking status.
   • Reach out to the IPO’s Registrar to the Issue (RTA) for further assistance.