When will funds be unblocked if the IPO is not allotted?

When will funds be unblocked if the IPO is not allotted?

Typically, funds for an Initial Public Offering (IPO) that were blocked but not allotted are unblocked by the depository participant within a few days after the allotment process is completed. In the case of 5paisa, the specific timeline for unblocking funds may vary, but it generally occurs within a week or so after the IPO allotment date. It's advisable to check with 5paisa or your respective depository participant for precise information regarding unblocking funds for a particular IPO.

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