Refund in IPO FAQs

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 This amount cannot be withdrawn.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 by sending a cheque, the refund process will begin after the finalization the basis of allotment. The full refund will be made and there are no fees. You can find the timeline for finalizing basis of allotment and initiation of refunds, as well as other details on IPO, on our website.

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

Through ECS why am I not getting my refund?

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?

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

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

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

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