In case of non-allotment, most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.
Shares credited to your Demat account by end of day. Check under 'Holdings' in your broker app.
ASBA amount unblocked by your bank. Funds will reflect in your account within 1-2 business days.
Shares available for trading from market open (9:15 AM). You can sell on listing day.
You can check it online through the Purva Sharegistry portal. Enter your permanent account number to view details. You can also track updates via the BSE main page.
Your application might have been rejected due to technical errors. Over-subscription also minimizes selection chances during random draws. The registrar returns blocked funds automatically within 24 hours.
The listing process will conclude on the third day of June. You can start buying or selling shares from ten in the morning. The trading happens under the SME script segment.
You need to contact your bank branch immediately with application details. You can also write an official complaint to Purva Sharegistry. They will coordinate to clear technical banking blocks quickly.
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