If the IPO is not alloted can we get a refund? if yes how much time does it take to refund in our bank account?

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2 responses to “If the IPO is not alloted can we get a refund? if yes how much time does it take to refund in our bank account?”

1. 

   November 28, 2023

   reddi7er

   unalloted ipo always refunded. just wait a few days

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2. 

   November 28, 2023

   Comic5ans_

   The money is never really taken out of your account until the IPO is alloted to you. It’s removed from your available balance i.e. the money is held. So,if you aren’t alloted, the money returns to your available balance within 2-3 days.

   Reply