NSE IPO Journey_ What Happens to Your IPO Application From UPI Mandate to NSE Share Listing
Quick answer: Once you submit an NSE IPO application and approve the UPI mandate, your funds get blocked (not debited) in your bank account. After the subscription window closes, the registrar runs the allotment process. If you get shares, the blocked amount is debited and shares land in your demat account. If you don’t, the … NSE IPO Journey_ What Happens to Your IPO Application From UPI Mandate to NSE Share Listing

