InvestorQ : after how many days money get back to the account if applied for ipo through phonepe after not getting any allocation?
akhil made post
IPO

after how many days money get back to the account if applied for ipo through phonepe after not getting any allocation?

Answer
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VIKAS DELIWALA answered.
2 years ago
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WELL TECHNICALLY IT HASN'T BEEN DEBIT FROM YOUR BANK ACCOUNT IT JUST HAS BEEN BLOCK TILL THE DATE OF ALLOTMENT OR MENTIONED IN PROSPECTS.

IF YOU DIDN'T GET ALLOTMENT OF SHARE THEN THE FUNDS IN YOUR ACCOUNT WHICH WERE BLOCKED WILL BE UNBLOCKED AND YOU ARE ELIGIBLE TO WITHDRAWN THEM.

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