When are funds unblocked if the IPO was not allotted?
Funds are typically unblocked after the allotment of shares. If your IPO application was not allotted any shares, your funds will be unblocked based on a specific schedule.
For example, if you applied for the Ratnaveer Precision Engineering IPO, funds will be unblocked after the initiation of refunds on September 8, 2023, or till the date of listing, depending on your bank's policies.
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