After the allotment of shares, the funds are usually unblocked. However, certain banks might only release the funds after the mandate end date. If shares are not allotted after the allotment date, a request should be made with the bank to release the funds.
When are funds unblocked if the IPO was not allotted? Print
Modified on: Tue, 18 Jun, 2024 at 12:30 PM
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