Apply for IPOs using UPI
Click here for upcoming IPOs
You can now apply for new IPOs (Initial Public Offerings) from within Console. Until now, we asked customers to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from their respective bank’s netbanking portal or by visiting a bank and submitting a physical application with your Zerodha demat account number.
SEBI has now made it mandatory for all IPOs to be supported by UPI 2.0. This means that we can now support IPO applications on our own. This is a much simpler, online process. All you need to do is enter the bid price, quantity and your UPI ID.
How to apply
You can use any UPI 2.0 enabled app (listed here) to apply for an IPO through Zerodha. Install one of the supported UPI apps and follow the below steps to apply for an IPO through Zerodha.
Login to Console and select ‘IPO’ in the ‘Portfolio’ menu.
Finding the IPO application on Console
Select the IPO you want to apply for from the list of open issues.
Select an IPO to apply for
Once you select an IPO to apply for, you’ll see all the details of the offer, like open date, close date, issue size, lot size, and (D)RHP.
Details of the issue
Enter your UPI ID and click on ‘verify’. Make sure this is the UPI ID mapped to your personal bank account. The IPO application is liable to get rejected if the person who is applying is different from the one whose bank account is used to apply.
Enter your UPI ID
Place your bid(s). Select the investor type for your application. While placing the bids, only quantity that is a multiple of the lot size is allowed. If you wish to apply at the cut-off price, simply click on the checkbox next to ‘Cutoff-price’. If you want to place a bid at a different price, you can do so by entering a price in the ‘Price’ field.
Select Investor type and Enter the bid price & quantity
Once you’ve completed all these steps, click on the checkbox to confirm that you have read the issue size, lot size, and DRHP and click on submit.
Submit your application to the exchange
Once you click on submit, you’ll receive a mandate request on your UPI app. It may take a few hours for you to receive this mandate in some cases since this system is still in the initial stages of operation. Accept the mandate and you’re done. This will block the funds required for the application in your bank account until the date of allotment (2 days before the listing date). If you receive an allotment, the money is debited from your bank account and shares are credited to your demat account.
At the end of the day after submitting the IPO bid, you will receive an SMS from the exchange confirming your application. Meanwhile, to check the status of your order you can select the IPO you have applied for and you’ll be able to see the last updated bids in your application.
If you don’t receive an allotment, the blocked funds are released on the date of allotment.
Accept the UPI mandate to complete application
Happy Investing,
Bhuvan
I write about personal finance. My goal is help you think more about your personal finances holistically and less about the "best stocks" and "best funds." Everybody thinks taking care of their personal finances is hard, I want to convince you that it isn't and all you need is the ability add, multiply and subtract.
Wonderful !
I have linked my zerodha through phone pe UPI can I apply?
Phonepe supports UPI ASBA. You can use your phonepe handle to apply for IPOs through Zerodha.
Can we see old IPO request in Zerodha?
Currently, you can check the historic IPO allotment data on Console. However, you will have received email confirmations from Zerodha and sms confirmations from NSE for your past bids.
What do we need to do after our IPO get approved.
How do we sell those IPO
It
was later approved
I had applied ujjivan small finance bank ipo using phonpe upi through zeroha, i got a message from sbi that a lien amount is blocked, i did not get any other message or mail from any other. What can i do noew?
In the cases where the mandate has not timely been revoked after allocation, NPCI has fixed a mandate end date by which the mandate will have to be compulsorily released by the bank (SBI, in your case). The mandate end date for Ujjivan Small Finance Bank is 20th December, 2019. However, you can still follow up with your bank to release the mandate manually, since you have not received allocation.
Hi
Same has happened with me for SBI Cards IPO. I deleted the bid on 4th March, still funds are blocked.
Were the funds release, if yes what is the procedure?
I applied
IPO through google pay UPI.
In my account my amount hold.
There is any problem for google pay UPI.
My google pay is linked but I never got mandate request. Now it’s showing status as “Rejected by Investor”.
Yes you can in phone pay app
Go to my money
Then search for auto-pay
And accept the IPO request
Your application will be submitted and amount will be blocked you can also check the info
please arrange to send me login id and pass word for my trading and demate account opened on line on 27/10/21 through email
HI,
Anyone faced this or can help me to answer this question.
I accepted the UPI mandate request. But the payment status is shown “awaiting execution”. I just want to know when the payment status will change to complete!! Or do I need to pay again?
I have faced a similar issue.. made payment using Google pay.. amount got deducted… But the status is showing mandate awaiting execution…
What should I do next??
I am also facing same problem.
Payment will be blocked for now. Once the if you have the lot allotted from the IPO, then they will deduct the amount based on the number of lots you have received.
Awaiting execution implies that the debit has not taken place yet. Once the allotment process is complete, the mandate will either get executed (if you get allotment) or it will get revoked (if you don’t get allotment).
Awaiting execution implies that the debit has not taken place yet. Once the allotment process is complete, the mandate will either get executed (if you get allotment) or it will get revoked (if you don’t get allotment).
You can wait for the process to complete as it takes 24 hrs to complete
Or you can delete and reapply for ipo
Hi,
I applied for the SBI card ipo. On the Bhim upi, I entered a wrong password by mistake. Shud I now delete and submit a fresh bid? Is that allowed?
I have selected my ipo with upi of google pay. so i can do payment with it ?
I have money in zerodha account, can I apply for an IPO without using upi. It’s stupid that I have to ask. Upi should not be mandatory.
Ya I have same doubt
I just used HDFC Sec to apply for IPO. No UPI related issues to face and no delays. I have tried ipo through zerodha using upi but there are issues with mandates being received and getting executed.
same doubt.i have fund in zerodha acc . just trfd amount today morning in my zerodha ac .but it is asking payment from upi only now i do not have balance in bank and i am not able to withdraw from my zerodha ac into bank ac
Can I apply for Ipo using my trading account balance, not the bank account balance
I have the same doubt.
Can someone clarify the same?
I have applied for the IPO but payment is failed due to selection of wrong bank. Shall I get second payment remainder ? Whether I am eligible or not to get the IPO?
After bidding for IPO, my amount was blocked after giving mandate and I was able to see the status in bid history but now I am not able to find anything in bid history..if anyone can help me on that
On 3 Dec I applied for Burger King IPO but I can’t get upi mandate. Then I cancelled the IPO and again applied for the same. Then I got a upi mandate and I accept the same. After few minutes again I received the upi mandate. That was the mandate of the bid I applied recently. Previously I mistakenly accepted the upi mandate of my last bid which I cancelled. Now in my pending request both mandates are processing so how I can cancel the old one. Please guide.
Hi Gaurav, I have the same scenario. May I know how much time did it take to revoke the amount of the cancelled Bid.
I applied for a recent IPO in zerodha but when i accepted UPI mandate i get this message ‘Original Reqauthmandate not found’… what does this mean ?
Even after accepting the mandate i have neither received any msg from the exchange regarding the acceptance of IPO application nor the status on Zerodha Console has been changed to Accepted by the investor.
What to do in such case??
Why does it fail to verify gmail UPI ID for HDFC bank? I see its been linked and I can make regular payments using the same ID.
I mean Google UPI ID for HDFC bank – typo
Glenmark life science ka ipo apply kiya tha kaise pta chalega kab allot hoga
I have applied where I should log in and approve the mandate
Hi Abhilash, you can accept the mandate by opening the UPI app you are using.
In my UPI application profile name is not correct and it’s not changing but the bank account which I am using is personal account. So in this case UPI application is accepted or rejected?
It’s not a third party application just your name on UPI application is different. Is that matter?
Please reply
UPI mandate aproved for Ipo via zerodha kite application but the payment still shows ‘transaction processing ‘ . No money debited.
Hi Ashif, the UPI mandate status isn’t updated in real-time and may take up to a day. If the mandate is accepted, funds are blocked- not debited until you get the allotment, and its application number matches with Kite, consider your application successful.
Also, the application or mandate status with the application number can be verified one day after the bidding date by visiting http://ipobidverify.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
Excellent. Can u show me How UPI NUMBER looks like.
Is it like 9163094574@upi ?
Yes, that’s right.
Dear sir,
I suggested to my friend to apply indigo paint ipo he applied on 21st jan through phonepe upi from icici bank but payment not shown in bank account and till not received.plz help sir
On npcl website syndicate bank is not in the list of ASBA upi supported bank list.am i apply through google pay.but my account is in syndicate bank
Does we need to submit physical forms at zerodhar branch?
No, this is a completely online process.
on form signature?
No physical signature is required.
Is any form required then after ?
Nope, it’s all online. 🙂
How to apply for the same through kite mobile app?
You will have to login to console for this..
The normal transfer limit on Kite using UPI is 1 Lakh per day, but a retail segment investor can apply for IPO with a ceiling of 2 Lakhs. Does your system allow applying for 2 Lakhs? Or is it restricted to 1 Lakh? Or is this limit up to the users bank? Which bank allows UPI transactions of 2 Lakhs a day?
Limit for UPI transfers as of today is still Rs. 1 lac. However, UPI ASBA has a limit of Rs. 2 lacs for all the banks which support this process. You can find all the apps and banks which support UPI ASBA on NPCI’s website: https://www.npci.org.in/upi-live-ipo
Mohit,
The NCPI Link is broken ?
Try this
https://www.npci.org.in/what-we-do/ipo/live-partners
I am logged in KITE from my desktop machine.
As mentioned above, I navigated to console-> IPO link
But No IPO list is shown but I am getting message : No active IPOs found
However when I visit SBI->ASBA link I am able to see IO list
Please let me know what I am missing.
I believe you were seeing debt IPOs. There are no equity IPOs open right now.
I could neither see EQUITY nor DEBT IPO
Hi,
I have the same issue. is it resolved ? i can not see any IPOs in my console
There are no open IPOs right now. IRCTC issue opens on 30th. You should be able to see that then.
can i use my demat account balance to purchase ipo console
No, VK. You’ll need money in your bank account to apply for the IPO.
Hi,
I’ve not updated my demat account to zerodha yet, it is still linked to ILFS. I have used zerodha to apply for the IRCT IPO and I’ve been allocated 1 lot. I know that I would not be able to trade until I update my demat account, my question is as I’ve been alloted a lot in the IPO, these stocks should get added in my holdings right?
Thanks
Yes, that’s right.
Why am I not able to complete the formalities.every time I try to connect to digilocker it say ur aadhar is not linked yet
Hi Sheetal,
Looks like you have gotten past this and completed the e-Sign step. The same has already been validated at our end too.
That’s Good News!
Console don t open in Internet Explorer. I have IE 11 version on my computer. I do not want to work with other browsers. Can you fix this or answer the settings change required in IE.
Thanks in advance.
I am not comfortable with UPI platform for IPP, Can I still apply through ASBA from my bank account? Like earlier we used to do.
Yes, you can.
Daily withdrawal limit through BHIM upi is Rs. 40,000/- only. Is it possible if I wish to bid for higher amount, say, Rs. 1,00,000/- ?
Where we need to keep money for the process of applying for IPO through UPI?
Is it in the Kite account or in the bank account?
You’ll need to have funds in the bank account for IPO applications.
Do I need to have a Demat account with my bank? Will a normal saving account suffice?
A savings account with the bank will suffice. You need only have a Zerodha demat account.
I have 2 questions:
1. What about investing in the HNI category? If I apply for more than Rs. 2 lakh worth of shares, will I automatically be considered for the HNI category or is there a separate way to apply under HNI category?
2. In the Bid section where we enter the Bid price and quantity, what are the Bid 1, 2 and 3 for? Do we make only 1 bid? What are the other bids for?
Hi Anita,
1. Yes, applications above Rs. 2 lacs are considered HNI applications. However, all IPO application bids through Zerodha are powered by UPI which only supports retail applications (i.e. up to Rs. 2 lacs). You can apply through your bank’s net banking portal to place an HNI bid.
2. You can place up to 3 bids. The best bid is considered by the RTA while processing your application. Check this article for elaboration: https://support.zerodha.com/category/q-backoffice/ipo/articles/how-do-i-place-bids-in-the-ipo-application
Unable to login console, getting error 500
now able to open concole but getting error while submitting, no jason object coluld be detected.
Same “Json object not found” is showing when I am trying. Can’t get past this
Getting the same error hope they resolve it soon
it is showing “Failed to place order: No JSON object could be decoded”
Same happening here.
Same Error: JSON no decoded
When I tried through console.zerodha.com on mobile, it says NSE not accepting IPOs currently.Try after sometime.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
Is GooglePay accepted?
No, Google Pay isn’t live with IPOs yet. A link to the list of supported apps is available in the post above.
What is the procedure to apply for ipo jointly?? And what are the requirements for the same?
Hi Krunal,
You can only apply using one person’s credentials. The money can be blocked in a joint bank account where the applicant is one of the account holders. Also, the shares can be credited to a joint demat account where the applicant is one of the account holders.
The process is otherwise the same. You can refer to the above article for the steps to apply.
it is showing “Failed to place order: No JSON object could be decoded”
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
Unable to place the order for IRCTC IPO. Getting following error messages”
1) Failed to place an order: No JSON object could be decoded
2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
What is the significance of placing 3 bids, does increase the chances of ipo?
I have the same doubt, can someone explain
No, chances of allotment don’t increase with the number of bids. Three bids are allowed so that you can get the best possible price.
Thanks! Does it mean that if i enter three bids – one at cutoff price (Say 320) and one less than cutoff price (318) and another at (315), it will take the best out of it?
Unable to place the order for IRCTC IPO. Getting following error messages”
1) Failed to place an order: No JSON object could be decoded
2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
DOES NOT WORK and you cant even enquire about it because you can not connect on any of their stupid customer care numbers. Its Really frustrating.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
Please sort this error out ASAP: No JSON object could be decoded
unable to place bid for IPO, and allotment will be on “first come first serve” basis. Please do something !!!!!!!!!!
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work. Also, IPO allotment is not on a first-come-first-serve basis, but more like a lottery. It’s random.
Getting this error: Failed to place order: No JSON object could be decoded
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
getting the following error:Failed to place order: No JSON object could be decoded
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
Getting this error for IPO: Failed to place order: No JSON object could be decoded
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
ipo error says “Failed to place order: No JSON object could be decoded”
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
getting this error….Failed to place order: No JSON object could be decoded
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
I am also seeing the same error
Now is temporarily not accepting any IPO offers. Please try after sometime.
This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.
I have already applied for the IRCTC IPO. The balance is debited from my bank account but nothing is updated from your side. Will I be receiving a mail or confirmation in some other manner?
can i use the google pay UPI to purchase the IRCTC IPO ?
i have placed an IPO for IRCTC and did payment for same. 1.when it will appear on my dashboard ? 2. how would i know wheter i get stocks or not. 3.or is it confirm that i get IPO after doing payment.
I don’t understand why all this nuisance is necessary. Why can’t we just load funds into Zerodha account and directly buy?
If someone does not have a UPI compatible phone, you are restricting them from accessing the service.
Work on being more accessible not less accessible.
Still showing error like this while applying. please rectify
“Failed to place order: No JSON object could be decoded”
What is the significance of placing 3 bids? Does it mean that if i enter three bids – one at cutoff price (Say 320) and one less than cutoff price (318) and another at (315), it will take the best out of it?
I also want to know this.
Still showing below error while applying for IRCTC IPO , please rectify ASAP
“Failed to place order: No JSON object could be decoded”
Getting the same errors that everyone else is talking about.
1) Unexpected error
2) JSON error.
any update on
No JSON object could be decoded
Failed to place order: No JSON object could be decoded
THIS IS IS STILL NOT RESOLVED ???????
Still getting the error: “Failed to place order json object could not be decoded”
Order placed and even received sms on registered mobile number to approve upi request mandate… but in the UPI application there is no request from IRCTC…
Please suggest what to do..
Same error since last 2 hrs
Failed to place order: No JSON object could be decoded
Still getting the error: “Failed to place order json object could not be decoded”
Getting the error:
Failed to place order: No JSON object could be decoded
Please solve ASAP.
Unable to place IPO order. Error message below:
Failed to place order: No JSON object could be decoded
ailed to place order: No JSON object could be decoded Error.
Upstock and other brokers have wonderful placement of IPOs, why zerodha always ditches at the crucial time?
you are right vivek !!
from last 2 hours i made 7-10 times on call center and have no response too
Unable to place bid for IRCTC IPO despite of following all the instructions. The error message wa
‘FAIL TO PLACE ORDER: NO JSON OBJECT COULD BE DECODED’
Let me know what to do?
Anyone able to place bid yet. Still getting the same error –
“Failed to place order: No JSON object could be decoded”
I placed an order using Netbanking in HDFC. Hope this works.
If there is a delay in placing an order due to this issue, the existing orders will probably get priority and allotment is more likely. Not sure about this, but might be the case.
Where is netbanking option?…..I can only see UPI option to pay
I used my Netbanking in HDFC and finished the process as this was not working.
I did not buy through Zerodha because earlier applications are more likely to be allotted.
When are you going to Fix this error : Failed to place order: No JSON object could be decoded.
We are loosing out on our bids.
Unable to place the order for IRCTC IPO. Getting following error messages”
1) Failed to place an order: No JSON object could be decoded
2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.
Hello, Still getting the same message ” No JSON object could be decoded”. Could someone help ?
Same error “No JSON object could be decoded”
I have successfully booked and paid through BHIM app
How long did it take for the UPI request to show up after you placed the order?
HI ZERODHA TEAM PLEASE REPLY ON IRCTC IPO MATTER ?????????????/
It always says:
Failed to place order: Order placement failed. Please try again
Getting error while applying IRCTC IPO getting multiple errors sometimes JSON error, Some times 500.
not sure whats wrong with Zeroda every time it will have issues now a days
I’m getting error “Failed to place order: Order placement failed. Please try again” when trying to apply for IPO
Failed to place order: Order placement failed. Please try again
Error while placing irctc ipo order.
I’m able to place bid for IRCTC now. Looks like issue is resolved.
How much time did it take for the UPI request to show up?
its working now !!!
Dear friends
After successfully placing an order, How much time will be there to approve upi transaction through sbi bhim app?
Because sbi bhim app showing mandate declined after pressing approve.
pls suggest
Did you get a solution?
Hi Arjun, you can approve the mandate upto 12 noon one day after the IPO ending date. If your mandate was declined after approving, you can try deleting your application and placing another bid. The application process is complete only when your mandate is successfully accepted.
But my amount got blocked. When I placed bid the second time, again same amount got blocked. When will my previous bid get refunded?
The bank is supposed to release the blocked amount in realtime when the application is deleted. However, some banks are taking longer. You can approach your bank with the application details or escalate this to NPCI at [email protected]
This is not working for IRCTC IPO
can we share the upi id of the bank account not linked with the demat account?
Yes, you can.
My order was placed, but have not received a mandate request on my upi app, which is ICICI imobile. Any idea how long it takes to receive the payment request?
I am also facing the same issue.
I am also facing same issue.
Order placed but mandate request not received on ICICI Bank iMobile App.
On the ICICI mobile app.. go to UPI section and there is a separate tab called UPI mandate there… click on that and go to request received… It will not appear in the Pending Request section…
Please can u tell where is this separate section
It is 2020 and I faced same issue. Didnt get any UPI request on my iMobile App ?Either the sponsor bank hasnt send the mandate to my UPI id or my UPI app has some issues.Also hardly anyone in the customer service has any idea about this.
Zerodha doesnt pick up the phone.Icici Bank doesn know how this flow.
Same thing happening for me
After how long is the UPI request received?
My application went through but still waiting for upi mandate .
Upi mandate isnt coming both on hdfc app and bhim app
Is it an issue from the zerodha side ?
Not getting mandate request after once failure
A general fix is to delete your application and re-apply. The bank sends the mandate collect request again with the new application number in such cases.
Q1. When mandate should come UPI app , immediately?? I have booked IPO through UPI not got mandate yet.
Q2. may I use diff bank account (other not attached with Zerodha) for UPI for buying IPO.
1. The mandate collect request is supposed to be received in real-time. We send the application to the exchange which in turn sends it to the bank. In case of delays from the bank’s end, mandates requests are delayed. You could delete the application through Console and re-apply. However, if that still does not solve the issue, you can try to use the BHIM UPI app. It has a better success rate than some of the bank apps.
2. You can use any bank account where you are one of the account holders. It need not be mapped to Zerodha.
Hi
My request for ipo was submitted from zerodha console , have receive email confirming the same from Zerodha.
Also received message from NSE asking me to check for UPI-Mandate collect request for blocking the fund.
But I have not received any Mandate request on HDFCBANK mobile app.
We send the application to the exchange which in turn sends it to the bank. In case of delays from the bank’s end, mandates requests are delayed. You could delete the application through console and re-apply. However, if that still does not solve the issue, you can try to use the BHIM UPI app. It has a better success rate than some of the bank apps.
Are there any charges to subscribe to IPO through Zerodha ?
@all,
whoever is waiting for UPI mandate collect, please don’t be impatient. You will receive the mandate on UPI app. I had applied yesterday and just received the request. I opened the app and it was there.
Do you get any notification after accepting the mandate confirming the same?? Or any other kind of message from zerodha??
You will get a confirmation email of the order being sent to the exchange from Zerodha. Also, the exchange will send a confirmation of the application number at the end of the day when bid was placed. However, you will receive a confirmation for the mandate only on the UPI app you are using. The application number on the UPI app and sent by the exchange/Zerodha will match.
But i dont get any notification regarding that from zerodha though the amount is blocked.. its been 2 hours since i bid for the ipo.. what should i do now.?? Can you guide please??
Hi Sahil, you will not get a notification from Zerodha regarding the successful block of funds. This will be sent to you by your UPI app. However, you can check if the application number on the BHIM UPI app and Console are matching. The application number will be your 6 digit client ID followed by an 8 digit numeric series. The BHIM UPI app prefixes this 14 digit application number with the symbol of the company applied for.
It is same application number for both upi and console but even though the amount has been blocked for the ipo still the request is in pending section witjin the upi
Though the mandate is in pending section but still i recieved a message from upi towards the successful blockage of funds which should be the actual case but bhim app is showing opposite i.e. pending instead of completed
Hi Chaturbhuj, I also got notification in BHIM, but while accepting the mandate request, it asked me pin. On entering pin, it gave me error. However, i got a message saying ‘Your UPI mandate is successfully created towards ipo.irctc@icici’for INR 12400.
So is my transaction happened successfully ? Also why mandate request is still visible there in pending request section ?
Exactly the same has happened with me.. Dont know why they are not solving the burning issue since yesterday..
Rushikesh, do you get any notification through mail or sms confirming your payment??
Nope..i am not even able to confirm if my order is placed sucefully or not.
But i guess your payment might have been locked just as mine??
How to confirm ?? …I have problem with my BHIM app as well. I tried uninstalling and now not able to install again. Can you do one thing? Please check in your BHIM app that mandate request is still there in pending section or it is in completed section .
It is in pending section for me too.
Man, do you get any resolution to the problem??
Hi Sahil.
I finally cancelled the bid and applied using HDFC securities account. it is told by Zerodha customer care.
I accepted the upi mandate request , however on accepting it showed error of transaction frequency limit exceeded.
I have done this process twice both times i am getting the same error.
Hello,
Can anyone please help. I have used PhonePe UPI for buying IPO and got the mail regarding the mandate , and if I don’t accept the mandate by 12, it will cancelled.
But on PhonePe I have not received any mandate. Can anyone help me in this ?
How many hours does zerodha take to confirm once I have paid via UPI for IPO? Will I get a notification mail once my payment via UPI is accepted by zerodha or will I get a mail of form submission?
Not received any mandate to approved since yesterday. Finally went ahead through ASBA route.
Where can I see the IPO I have applied for while using mobile app and desktop both?
1-Oct-2019: TRANSACTION REJECTED – this is the message I’m getting while trying to subscribe to IRCTC IPO using UPI. The amount exceeds 10k – is this the reason? Are others able to subscribe?
1-Oct-2019: With respect to the IRCTC IPO, TRANSACTION REJECTED – this is the message I’m getting while trying to subscribe to IRCTC IPO using UPI. The amount exceeds 10k – is this the reason? Are others able to subscribe?
The limit for IPO applications using UPI is 2 lacs for investors. The transaction limit which varies from bank to bank doesn’t apply here.
my upi id is end with @okhdfcbank but in console only available option is @hdfcbank
Exactly my problem.
Due to this even after applying i did not get any mandate request.
Google Pay is not supported.
How sell purchased IPO in zerodha once it got enlisted?
What if my bank doesn’t provide upi services ? Then what is procedure to file IPO ?
Placed request through zerodha by HDFC UPI. Did not receive any mandate request, although received a message from NSE saying……………Dear XXAXXXXXXA IPO INDIAN RAILWAY CATERING AND TOURISM CORPORATION : App no XR015414876378 UPI ID XXXXXXXX21@hdfcbank for Rs 12400.00 received. Please check for UPI-Mandate collect request for blocking of funds.
i got a mail from zerodha saying ” IPO application for INDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED has been submitted ”
i got a mandate too in my BHIM App, i am able to click on proceed , but then when i click on confirm , it is not going any where and again shows me the same option of confirm.
can anyone help.
I placed the bid yesterday afternoon at 1:25 pm IST, still i have not received the mandate in the bhim app, what should i do?
It takes 2to 3 days
you mean hrs not days, right.
I submitted order on Oct 1around 1:30 PM. Got mandate around 5 pm. It was icici…its another matter I could not accept the mandate…visited icici and they said they are not supporting this upi option anymore and have been advised to collect ASBA form.
I have recently opened my account on zerodha sent my poa with signature can i invest in irctc ipo
I have bank account linked in zeordha is HDFC now while making mandate I used you of kotak bank.
So will it be ok ?
I applied for IRCTC IPO now I get the msg from Zerodha & nse to accept upi mandate to block amount but till now I didn’t get any msg in my BHIM axis pay
What should I do now I am very upset help me zerodha 😂😂
Facing same issue , have u got the solution ?
Plz let me know too
My IPO mandate for two lot got accepted twice and amount got deducted twice. NSE SMS confirmation received only for one lot. Also IPO bid page showing amount payable for only one lot where 2 lots selected. Very disappointing service from your customer care.
I received an email today with the subject ‘IPO application incomplete’ with the following message.
Your IPO application for IRCTC submitted to the exchange is pending completion. In order to complete your application, you need to accept the mandate request you receive on your BHIM UPI app. Kindly ensure your collect mandate request has the same application number as displayed in the bidding window on Console.
In case you have not received a mandate request, you can delete your existing application and apply again tomorrow during the IPO market hours (10 AM to 5 PM).
If you have already accepted the mandate for your application, you can ignore this email.
Regards,
Team Zerodha
But I did receive a mandate and approved it. Now getting the following error when I try to delete the order ‘Failed to delete bids: Order placement failed. Please try again’. Did someone else face a similar issue?
Thanks & Regards,
Maruthi
I am facing the same problem. I raised the ticket lets see
Thank you so much for sharing this.
I will now delete the bid and apply through HDFC Netbanking ASBA mode. That is guaranteed to work. This UPI stuff is not working for anyone it seems like.
I am not able to place bid for IRCTC IPO.
Its showing the below message:-
“Failed to place order: Order placement failed. Please try again”
Please help.
Same here.
Hi,
I try to place order IRCTC IPO but not able to place i have received an error message “Failed to place order: Order placement failed. Please try again”
Unable to place order. Getting the following error, “Failed to place order: Order placement failed. Please try again”. Please provide the solution as the helpline number is also busy.
The new error that is popping up says, “Failed to place order: Temporarily not available”.
I am unable to bid for IRCTC IPO .
I tried with hdfc upi , BHIM up,
I am not getting mandate request.
Today is last day for this IPO and my bid is not getting place.
Please fix this issue.
Same issue, no mandate received even though I received email from NSE and zerodha.
Getting error while applying for IPO – “Failed to place order: Temporarily not available”
Kindly help
Not able to submit IRCTC IPO , is popping up says, “Failed to place order: Temporarily not available”.
Same issue as lot of people have mentioned above, error: “Failed to place order: Temporarily not available”.
Please help fix this.
Neither able to delete nor able to update IRCTC IPO says, “Failed to place order: Temporarily not available” since last half hour.
Working fine now, try it..
I am trying to apply for IRCTC IPO thru console.zerodha.com.
The bank linked to my account is Citibank India.
I clicked on the “Place Bid” link on the IPO page.
I gave my UPI id for Citibank and the bid got accepted. Now, I am seeing the link “Modify Bid” in place of “Apply Bid”.
But, I don’t see the amount blocked in my Citibank account. Also, I didn’t get any mandate for this bid.
When I clicked on the Funds->Bank Mandates link, it showed “Mandates (eNASH)” page, where there is a link called “Create New Mandate”.
I clicked on this “Create New Mandate”. It gave an error that: “Sorry! Banks mapped to your trading account don’t yet support eMandates.”
So, does it mean I cannot apply for IPO thru Zerodha using Citibank?
Then why did it accept the bid and showing “Update Bid” link?
Please let me know how to proceed on this?
Regards,
Narendra
hi,
i did not recieve the upi mandate request on my app. i checked and all my data is entered correctly what do i do, today is the last day of ipo please help……
I have placed the bid using phonepe UPI and I have not received the money request yet on my phonepe application. Can you please help?
What is cutoff price checkbox for??
Looks like there is a problem in UPI mandates and also google pay is not supported. Please subscribe for this IPO through netbanking. I did it through HDFC net banking.
Use BHIM UPI ID and app. Don’t use the bank UPIs.
I tried with HDFC and ICICI and it didn’t work.
It finally worked only after trying with BHIM UPI.
How u did it on bhim app. Plz elaborate, because I didn’t get the mandate on bhim app.
Plz tell
How long it takes to get mandate request on BHIM app after placing IPO bid request on Zerodha?
30 days
I applied for IRCTC IPO and cancelled the bid. However the mandate is still active on UPI app
Do let me know what should I do in that case?
Did it got resolved? For me same has happened and mandate is still Active.
As long as you haven’t accepted the mandate, there’s nothing to worry about.
The mandate was accepted. But later on last day I cancelled the bid application. Mandate is still active and amount still blocked.
The bank should release it today or tomorrow. The mandate end date is October 11th, 2019 for IRCTC applications.
Hi. I have don’the same. Is your amount back ? Mine is still frozen. It is Oct 22
Amount still blocked.
Mine too is blocked
Amount is still blocked. What to do?
Same case. Amount is still blocked. Any idea about how to get the amount released?
We have reported instances of the blocked funds to NPCI. They will shortly get it released. Meanwhile, the funds are still in your account and interest continues to accrue as it would normally.
Even mine is still blocked
I have purchased IRCTC IPO via zerodha via xxxxx@hdfcbank upi address?
Still I do have to approve the same on Bhim as I have not received any mandate approvals on Bhim or on HDFC app.
Please do let me know.
Same here. Did you get it resolved
I faced same problem, Zerodha mailed me after working hours saying check with Bank and UPI. OR try through other mode..
Look there is serious problem from Zerodha.
Unable to even cater requirement from customer
I am not able to get request from UPI application on phone pe application.
And now I am not able to place request again . Please help me how can I get mandate again. I got a email from Zerodha that still I can accept until 12:00 PM
facing the same issue!
I applyied for 3 lots but amount blocked for one lot only why?
Hi- I got a mail asking to confirm the mandate, however no mandates appearing in the app.
Please help.
I am not able to get request from UPI application on phone pe application.
And now I am not able to place request again . Please help me how can I get mandate again. I got a email from Zerodha that still I can accept until 12:00 PM
I did not received any mandate. What should i do?
How to add mandate manually.
go to UPI section and there is a separate tab called UPI mandate there… click on that and go to request received… This mandate will not appear in the Pending Request section…
I didn’t receive any mandate request on my HDFC phone banking app still.
I created a ticket number for Customer Care. They replied that try applying for the IPO again through Bank website/ASBA. Now, the window for IPO is closed already.
Certainly a JOKE. Should not have tried this UPI thing from Zerodha.
Give me some solution before 12pm, if possible.
Really annoying
In the UPI app there is separate section for UPI Mandates and the request received would appear under that section. It does not show in the normal Pending Requests section… I had the same issue and found the mandate under the separate sections…
I have applied the IRCTC ipo through console and have got messages from you to approve mandate in hdfcbank upi but i havent received any request in hdfc bank and lost the opportunity to apply for the IPO…
Please explain…
yesterday I applied for IPO, There was no mandate received yesterday on BHIM UPI, and now I can see Mandate with failure indication on BHIM,
Can I request to send mandate again?
Same issue please advice of you know anything
While applying for IRCT IPO through Bhim UPI, I put wong VPA. I tried to correct it but to change carried out after modification,
Will this have any effect in fund transfer, if my bid is successful?
Or has any alternative to rectify this mistake ?
How can i see the status of my irctc ipo application after the bidding period is over?? As of now it is not visible in ipo section..
Can somebody help in this issue??
I have applied for the IPO of IRCTC through Console (Application No. GE166114752243) on 02.10.2019. However, mandate request is not received in my UPI app till now. Pls look into the issue.
Mandate in BHIM upi app is showing expired since yesterday. Earlier it was approved.
Why so?
You can check the allotment status of IRCTC IPO in Alankit portal
ipo(dot)allankit(dot)com
I have applied for IRCTC ipo using upi. I didn’t get allotment. When will money get refunded.
I had applied for IPO, but shares were nit allotted. But the blocked amount is yet to be released. Usually, this is a quick process, happens on the day of allotment only. Even I am facing the same issue.
Thank you.. pls let me once it is released
For me also, amount not yet released
Amount not released for me too yet.
My Amount is not released yet….how long it will take
I have got irctc ipo allotment.
Now I am getting a message that UPI mandate failed. Please help
I have been alotted 40 shares. But my sbi upi debit mandate has failed twice today. Amount is yet to be debited from my account. 12400/-
Same issue with me . Upi transaction failed twice today . I had applied for 3 lots and got 1 lot alloted. So mandate is of 37200 but transactions which failed today were of 12400 . Called bank customer care but they said nothing wrong from their side.
i am not able to check allotment details for IRCTC ipo applied through Zerodha
amount still blocked.
I have applied through zerodha and madate is registered through sbi upi. I have alloted a lot of irctc. But now i am getting notifications about payment failure from sbi upi.
The same thing I got the shares 40 but my payment is failing through upi mandate ..my bank manager told they have received a lot of query for this particular IPO of irctc who have applied through upi mandate ..Mumbai people said they are working on it
Now the UPI Mandate has expired but still, the amount is blocked which is expected to be released very soon.
Firstly, how will they debit the concerned amount now?
Secondly, Can they debit the allotted IRCTC shares which have been already credited to our demat account?
My sbi upi mandate has expired. If the mandate itself has expired how will my money get deducted for the shares alloted for me? I called up zerodha helpline, sbi helpline, alankit helpline but to no avail. Seems like a scam
I had applied for IRCTC IPO. However, didn’t get any allotment. Funds blocked should have been released on 11th october but still have not been released. What should I do to get them released?
same problem brother
Same issue
Not getting any response from anywhere.
I didn’t get IRCTC IPO ALLOTMENT But the blocked money is still not released from UPI Mandate. I still see that amount is in active state under UPI MANDATE.
This is our system. Automatically money should have been released if IPO is not allocated.
Why UPI is introduced in IPO bidding if it’s not fully operational ????
Funds blocked still not released for me. Is it unblocked for others?
No it’s still blocked …. They know how to take money fast bt dnt knw how to return immediately.
Has anyone’s money who applied for irctc ipo got unblocked ???
I have not received my funds in the account (not allotted) even after the listing of the IPO.I’m not even able to contact to zerodha support. Please do reply.
My amount got unblocked today around lunch time.I did not get any shares allocated but my amount was locked.
It will be unlocked for everyone !!
I got my amount unblocked today around 6 pm. Hopefully. It will be unblocked for others. Also who. Applied through upi. From next time I will apply through net banking only .
I also haven’t got the refund yet.
While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up. Please guide.
Same for me as well “Invalid VPA. Please try again.”
Hi Saurabh and Awadesh, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?
I am facing this same issue on multiple valid upi id linked to my personal account. Please fix this as unable to apply for ujjivan ipo due to said failure at verify stage
While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up.
While placing a bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit the verify button. I tried all the UPI ids but it shows the same pop-up.
Hi Somil, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?
While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up.
Hi Manohar, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?
Can’t apply for Ujjivan IPO. Entered all VPAs but it says “INVALID VPA. PLEASE TRY AGAIN.” I’m now really tired with Zerodha’s half baked systems. Please fix.
The invalid VPA issue is coming again. Not able to apply for Ujjivan
My UPI id is showing invalid while I verifying the UPI id for IPO.
My submission for IPO was successfully done and i even got the email of confirmation of submission of IPO but it’s been 12 hours i have still not received the UPI mandate request. Pls suggest what is to be done.
Hi Abhijit, you can escalate this to [email protected]. The stockbroker submits the application to the exchange which then sends it to the bank. The mandate leg of the transaction can be checked by NPCI or the banks. We can only confirm the time at which you have submitted your bid which was sent to the exchange.
Hi team,
I tried to enter the same google pay UPI through which I put funds in my Zerodha account. When with the same UPI
I am trying to bid for an IPO , its saying Invalid VPA address.
My gPay UPI is – manishkr2207@okaxis while verifying the UPI for the Bid its taking – manishkr2207@okaxis@axisbank.
Please let me know if there is any way so that amount gets blocked from the zerodha funds while applying for any IPO or its has to be blocked from the Bank account .
Thanks,
Manish
@okaxis is a google pay handle. The only google pay handle which currently supports IPO applications is @okhdfcbank. You can use the BHIM app by linking your axis bank account to the same. (The axis bank app which has the @axisbank handle has intermittent issues with the mandates every now and then)
In case your BHIM VPA is 9411110000@UPI enter 9411110000 and select @upi from the dropdown menu on the IPO bidding window
I placed my IPO bid but didn’t get any UPI mandate request. My Zerodha linked account is with ICICI.
I want to apply for IPO but my UPI id is xxxxxx@okaxis which is not available. Please let me know how I can apply?
@okaxis is a google pay handle. The only google pay handle which currently supports IPO applications is @okhdfcbank. You can use the BHIM app by linking your axis bank account to the same. (The axis bank app which has the @axisbank handle has intermittent issues with the mandates every now and then)
I used @okhdfcbank gpay handle, still didn’t get the mandate request
Is there any special handle for phonpe users also to buy ipo
Hey Harish, the UPI handle for PhonePe is @ybl. You can check the list of all the apps supported by NPCI for IPO applications here.
I placed my IPO bid but didn’t get any UPI mandate request. My Zerodha linked account is with ICICI.
This can happen if the UPI app or your bank is facing any issues. Could you confirm which app you’re using?
Hi, Is it mandatory to use the same bank for IPO using UPI which is linked with the broker or any other bank of the client can be used?
You can use any bank account which is in your name. It need not be mapped with Zerodha.
i also didnt get mandate in my Bhim Axis Pay app.
We recommend using the BHIM UPI app for IPO applications since it is currently best supported by most banks.
I have Zerodha account on the name of my brother . can i use my accounts UPI for purchasing IPO or i need the same account which iam using in zerodha for placing bid for IPO.
Hi Chirag, the bank account has to be in your brother’s name. If the bank account in the application is not in the applicant’s name, the bid is liable to be rejected by the RTA (Registrar and Transfer Agent – who does the allotment for the issue).
Hi zerodha,
I have modified my Ipo subscription for ujjivan.
Have increased from 800 share to 1200 share .
But this time did not got upi mandate and no further money was deducted .
Please reply.
Hi,
I have a trading account with zerodha and I want to apply for Ujjivan IPO, But I do not have any UPI registered at present. How can I apply for it? Kindly guide as early as possible.
B.R
Susant
If i dont get through with the bid. How long will it take to get the money (that is blocked) in my bank account.
The money is supposed to be released after the allotment date (i.e. 1-2 days before the listing date). However, each mandate also comes with an end date by which the banks are compulsorily supposed to release the blocked amount.
I have purchase Ipo subscription for ujjivan.
by UPI but in my UPI app no any request for IPO bid….. amount
What does it mean if I do not get SMS after submitting IPO application ?
The exchange sends an SMS at the end of the day on which the bid is placed. This is sent on the mobile number registered with the exchange. Even if you have not received an SMS from the exchange, you can verify the status of your bid by signing up on the exchange’s portal: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
I think Zerodha should start gold deposit option k ke Paytm phonepe and Google Pay will be easier for retail investors to inv
I think Zerodha should start gold deposit option like Paytm phonepe and Google Pay it will be easier for retail investors to invest in gold and they can get delivery of phisical format so all investment at one Place stocks,funds and gold that the idea that Zerodha should think on it
Hi
I applied to ujjivan ipo worest experience while applying from zerodha
1. Placed bid i got a mail got request to phonepay after 1hour about transaction amount was blocked
2. i tried to place new bid it’s not at all sending the amout request to phonepay or hdfcupi
4.the amount was blocked and stock was not allocated
don’t use zerodha for ipo bid
Hi Sir/Mam,
I try to apply IPO my google pay end with @oksbi bit I can not fond @oksbi option there is @sbi but that not match with may google pay please help me.
also same for @okicici there is only @icici
@sbi and @icici are UPI handles of the apps of SBI and ICICI respectively. They are not live through google pay yet. Once they support IPOs through google pay, the option will be available on Console.
Whether IPO can be applied with my secondary bank account’s UPI ID?
You can use any bank account’s UPI ID where you are an account holder.
For this question, zerodha answered we can make the payment using BHIM 2.0. Can we do it using Phonepe or not?
Sir, Today I applied for 2 share lot of Prince Pipes, after that when I proceed for Bank Mandate, transaction become failed. When I ask to CC of Zerodha, they said delete the first placed order and and order it again. I did the same what they said to me. And after that I didn’t received any sms but money got deducted from account. So how do I get money back?
Sir, Today I applied for 2 share lot of Prince Pipes, after that when I proceed for Bank Mandate, transaction become failed. When I ask to CC of Zerodha, they said delete the first placed order and and order it again. I did the same what they said to me. And after that I didn’t received any sms btut money got deducted from account. So how do I get money back?
On the deletion of an application, the bank is supposed to revoke the mandate. You can approach your bank to release the blocked funds.
Hello,
Will zerodha bring “okaxis” to apply for Ipo, because I have UPI Id on “okaxis” which is not there in console and my bank account is with central bank. I wont be apply to generate new UPI ID using Bhim App for same account what can I do?
Why can’t i find anything on this page (Console>portifolio>IPO) ??
It reads
“IPO window will remain open from 10 AM till 5 PM on trading days.
Please use your Virtual Payment Address (UPI ID) for placing bids. Read more
No active IPOs found”
Say I’m trying to access this page on a working day @ 10:50 AM.
That is because there is no open IPO right now.
how to apply ipo
Hey Anish, I recommend you read the post above.
To apply for IPO, we just need to have Trading and Demat account with Zerodha or we need to open a 3 in 1 account with Zerodha ? Kindly clarify. Thanks.
You only need a trading and demat account with Zerodha.
Sir
With BHIM UPI I have linked Bank of India account and with Zerodha I have linked SBI account.
My Query is,For Applying IPO
Is it mandatory to have same account in UPI and Zerodha?
No, you can use any UPI ID to apply for IPOs.
I have register my another bank account with zerodha and i want to subscribe the ipo through my another bank accounts upi id, which is not registered with zerodha . Can i use my unregistered bank’s upi id to subscribe the ipo or not?
Yes, you can.
I have a different bank account linked to my zerodha, can I still apply through this option with another UPI of my own other bank account?
In simple, can I apply through my own bank account which is not linked to zerodha
Yes.
I have applied for an IPO using ICICI UPI. But I didn’t receive any mandate UPI request in my net banking. I cross checked UPI ID and it is fine. I usually get UPI request immediately. What should I do now?
Hey Sai, nothing to worry about. The mandate request usually takes a little time.
Thanks Matti.. I got the request after 45 mins the IPO request is placed.
i HAVE APPLIED THROUGH ZERODHA WEBSITE,HOWEVER AFTER PLACING THE ORDER,NOT GETTING ANY NOTIFICATION ON GPAY TO PROCEED ANY MANDATE….??
You may have to wait for some time before you receive the mandate collect request.
I got the SBI Credit Card IPO mandate in BHIP app .. but when I accepted it .. it’s failed. Any one knows the reason. I have the sufficient balance in the UPI linked bank account.
Hi,
I have place BID for SBI card IPO. My first BID get vanished. I reapply for it but from morning I haven’t get mandate for it.
Hey Yogesh, the mandate takes time due to delays at the sponsor bank for the IPO. You will get the request after some time and you can approve it to apply for the IPO.
Hi Team, I am facing the below error while applying for the IPO:
Failed to place order: No valid response for IPO bids insert api call. (‘Connection aborted.’, ConnectionResetError(104, ‘Connection reset by peer’))
Could you please help me get through this error and apply for the IPO?
Regards,
Arun
There were intermittent issues on March 2nd while placing IPO orders. You will be able to place the order successfully if you try now.
As I modify IPO order it gives error ” Failed to delete bids: is not JSON serializable ” Plz help use.
There were intermittent issues on March 2nd while placing IPO orders. You will be able to place the order successfully if you try now.
We are unable to modify or update the ipo order and also we are not getting mandate request please team have a look at this this is not acceptable being zerodha
I am getting an error –
Failed to place order: {“status”: 500, “message”: ” is not JSON serializable”, “data”: []}
Also when I refresh I get “Internal Server Error” intermitently.
Can you please check.
Applied for ipo through upi. google pay upi id selectd but didn’t received any request for upi payment
Hi Madhur, the mandate takes time due to delays at the sponsor bank for the IPO. You will get the request after some time and you can approve it to apply for the IPO.
I applied for sbi card ipo.. got upi mandate on bhim app..approved it ,. But it says mandate registration failed . Even in gpay it failed to approve after receiving upi mandate.
What has to be done.??
Hi,
I have not received the e-mandate request on my Bhim or gpay app?
Is there any specific reason.
You have time until 12 PM on March 6, 2020 to receive and accept the mandate. On submission of an IPO application, the mandate collect request is supposed to be sent by the Sponsor Bank (banker to the issue) in real time. You may have to wait up to the end of the day to receive the mandate collect request due to delays from the Sponsor bank.
Applied for the sbi card ipo .first tried with Google pay. No mandate came.
After that removed the bid and reapplied using bhim upi.
Mandate came after 4hrs.
When I accepted the mandate and it gave me error. When I checked my bank account the amount is already blocked but in bhim upi app it’s showing as failed. What shall I do? Shall I cancel the bid and reapply 1 day later? Could someone help me on this
Something Same happens to me ,my account money is blocked even after Transaction failed for CAMS IPO,mandate date end but still my money is blocked.
I just want know that your money is still blocked or not.
Hi Team,
Can someone explain us how to apply for SBI cards in both categories that is shareholder and individual investor?????
Bcz once if u apply through individuals or shareholder category through zerodha UPi then we are unable to apply with other category. Say if we have applied through individual investor through UPI zerodha then we are not able to apply in shareholder category in zerodha UPI. It shows only to modify, if in case we modify it to shareholder category then entire bids will get modified as a shareholder category..
Pls let us know how to segregate our bids into both shareholder and individual investor category via UPI zerodha??
However, we can apply it via netbanking as a shareholder category, but I heard if we apply different applications from same demat account (via netbanking and UPI ) the IPO application will get rejected. Can some one clarify on this????
Is it possible to use my equity balance to bid on an IPO??
Regarding ongoing SBI IPO,I have placed a bid with Zerodha.But it is taking a UPI ID of the bank where I don’t have an account.Can you please let me know how to set this right.
I received a request on Gpay but it got failed. What to do?
Is your money got blocked.
I placed my first bid for sbi card ipo and waited for mandate but after some time i deleted it and made a fresh bid. As soon as i placed my 2nd bid a mandate came and without checking the application no i accepted it which was actually the mandate for my first bid. Some time later i saw the amount is revoked as i already deleted my first order to which i got confused and declined the 2nd mandate for the 2nd order.Now when i am going t delete the 2nd order its showing “bid deleted successfully” but the bid still remains. I tried several times but could not be able to delete it. Even i called zerodha representative but she said they will manually delete it afternoon.I want to delete it and make a fresh order.please help…
I forgot my UPI ID of Bank of Baroda. I am unable to retrieve it or make a new one as I am abroad and my registered number is not working at the moment. Can I apply to IPO using net banking?
Or any other options plz help!
Thanks…
I have applied for sbi card ipo by accept of mandate my account is deducted from my bank but status showing rejected. will my ipo process completed or If not how can i get my money back in my bank account?
Received the mandate in Bhim UPI, accepted the mandate but saw the final status as failure in app. However received a message from my bank stating the mandate was successful and my money was blocked (Confirmed by bank). But still the Bhim app shows the mandate status as failure.
Please help.
Did you get your money refund or not.
IN HFFC UPCOMING IPO THERE IS A SHAREHOLDER CATAGORY AND WHICH COMPANIES SHARE SHOULD AND WHEN
when i applied through share holder category then am not able apply for individual category .. can you help for this
You will be able to make one application through Zerodha. You can make another application in the individual category using netbanking ASBA. Read this post – https://tradingqna.com/t/how-to-apply-for-an-ipo-with-your-zerodha-account/10597/2 on TradingQ&A explaining the process.
You will be able to make one application through Zerodha. You can make another application in the individual category using netbanking ASBA. Read this post – https://tradingqna.com/t/how-to-apply-for-an-ipo-with-your-zerodha-account/10597/2 on TradingQ&A explaining the process.
I have applied for SBI IPO, but as the mandate got failed. I had deleted that bid and placed another bid.
This time I got the mandate and after accepting the mandate, it got failed “Due to insufficient funds”. Seems like amount got blocked for the previous transaction. In this case, when will the blocked amount get released?
I am facing the same issue. Mandate has failed on upi app, but amount is blocked.
I tried deleting the bid to get back the amount but it didn’t work.
The bank is supposed to release the amounts when the applications are deleted. They run an end of day revocation for such blocks. If your funds aren’t unblocked for more than a day, you should approach your bank to get it released.
The amount got released today. Thank you.
The mandate failed on the Bhim UPI app, but amount is blocked from the account.
I tried deleting the bid to get the amount back, but it didn`t work.
What to do now?
In this case, you will have to reach out to the bank to get your funds unblocked. The bank is supposed to release it in real time.
I am not at all getting UPI request from zerodha. 2days gone. Funny support. Not reachable at all.
The UPI mandate may be delayed from the bank. Zerodha submits your application to the exchange instantly. Subsequently, the exchange sends the request to the issuer’s bank to initiate a collect mandate request. You may delete and resubmit your bid if you haven’t received the mandate for the last two days.
Is Google Pay supported for IPO mandates now?
Currently, 4 banks are supported on Gpay:
1. okhdfcbank
2. okaxis
3. okicici
4. oksbi
Why option of UPI id @hdfcbank not provided ? (okhdfcbank is provided)
Only UPI IDs supporting the IPO process are listed. Check here> https://support.zerodha.com/category/q-backoffice/ipo/articles/apps-banks-supporting-upi-asba
Zerodha kite on web logout automatically…………… so many time login and logout automatic … bad for intraday traders
You can only stay logged on on one system at a time owing to exchange guidelines for trading platforms.
I have applied for sbi IPO. Amount is blocked in my account as I completed all the steps. After one day I received an email from zerodha, that my application is cancelled. I want to know the reasons and when my money lein amount is going to credit back into my account?
Something same happens to me, Is your money refunded or not.
i followed all the steps but i am not getting the mandate from bhim upi. whom should i contact? zerodha or bhim?
The UPI mandate is sent by the sponsor bank of the IPO. Best check with SBI Cards.
Today I have allotted sbi cards ipo lot 1 out of 2 (applied)
I used paymemt zerodha upi with phonepe
Today eve phone pe automatically processed and debited my blocked amount for one lot after 5hours again processed and again debited the not allotted lot amount also
I dont understand this how can I get my money back
Amount has been deducted twice for me too.
Zerodha Support – Please advise.
Same issue with SBI cards IPO mandate.
Applied for 13 lots, allotted 1 lot (Rs. 14, 345).
My UPI account is debited 4 times for 14,345 each = Total: 57,380
@Zerodha Support: please help
Best get in touch with your bank.
Best get in touch with your bank for this.
Hi, i have applied for SBI CARD IPO by UPI payment via zerodha. I did not get the allotment but the amount is still locked even though allotment is completed.
Can someone tell me how to resolve this?
Best get in touch with your bank.
I had 13 shares of RIL and got 1 right entitlement and deposited application money for the same through ICICIDIRECT.
Later purchase 275 right entitlement from the market and deposited application money on ICICIDirect online.
Am I entitled to get firm allotment 275 shares.
I am writing to you,sir,as I could not get satisfactory answer from concerned persons.
Can i apply IPO with my zerodha equity balance
Failed to place order: Order placement failed. Please try again While Applying Rosaari IPO
Why is this consistent ? can you fix this ASAP
Failed to place order: Order placement failed. Please try again
Failed to place order: Order placement failed. Please try again While Applying Rosaari IPO
Order placement failed. Try again later.
Have tried multiple times. The same message pops up. Please give a solution.
Applied for the Rossari Biotech IPO on 14 July but did not get mandate request on UPI app for confirm payment.
What should i do now ?
I DID NOT RECEIVE MANDATE REQUEST ON GOOGLE PAY,,,NOW WHERE CAN I CANCEL REQUEST AND MAKE FRESH REQUEST FOR FPO.. WHWERE IN CONSOLE I CAN SEE MY REQUEST STaTUS
I have applied for Yes bank FPO using ICICI upi. But i havent received UPI mandate in iMobile app yet. How to check if it has been sent successfully from Zerodha?
Upi limit is 50000/- , how to apply more shares (up to 2 lakhs.)
I’m facing same issue. ICICI imobile is not showing mandate.
I had applied for Yes Bank IPO. I have approved the mandate on Bhim app but still the status is showing Request rejected by Sponsor bank as received after payment acceptance time although I had approved the same on 15th Jul 20. Kindly help what to do in this case as I want the allotment of Yes Bank shares through FPO.
same here, same status reflecting in my account even money has blocked from my icici account. did you get any clarity from zerodha? i tried to contact but no pick up after waiting so long
I have applied for Yesbank FPO and I did not get any mandate . Also status is showing invalid UPI but its same UPI that I use to deposit money in Zerodha. Please check
UPI got falied on my account I want a UPI request again for my application. However my application no. has been generated in console.
Applied for ROSSARI didnt get upi mandate and lost the profit I could have get I blame zerodha for this. They should be the one to take care of their customers.
Hi,
Suppose my zerodha demat has icici bank linked with. But if i applied Ipo via zerodha with my other upi enabled bank. Will it be considered? Can i use any other banks upi id(my other personal savings acc) even if didnt linked with zerodha?
I am not seeing mindspace REIT ipo in my console to apply. Any reason??
i have not received the mandate to approve for Yesbank fpo … however only received the SMS of allotment
I don’t want to have UPI ID. Can I purchase IPO? If yes then please let me know the procedure.
Till what time can i apply for an IPO on last day of subscription?
if i want to buy ipo ,so should i keep balance in my zerodha account or my bank account?
IPO funds are deducted from your bank account.
Can I apply for an IPO without the UPI? Can I just pay through my Zerodha account? or net banking?
How many ipo request I can submit.
Like if I have submitted one IPO request for 3 lots, can I apply again for addition 4 lots.
So that I have ended with 7 lots.
Hi Team
i have request for Bid , Awaiting UPI request its already 5:30 still i have n’t received the UPI Payment Request
Regards
Stephen
Not getting mandate request! Applied around noon 12:30 . Still there is no UPI Mandate request to Gpay
I have made a bidding on HM ipo but i have not yet recieved the mandate on my kotak bank upi id. It has been told by customer support that i need to delete the bid and bid again. I have done that too but i still see my status of bid request as pending. I have not recieved upi mandate or request on my kotak account. Need help.
If I update the IPO bid, what is the process? Will it be treated as a new bid?
If I am not having an UPI ID, or a upi enabled smartphone , they how can I apply for an IPO and block funds in my bank account for that?
My bank account is debited through Google Pay UPI. But status on the Zerodha app shows ‘Rejected by investor Bank’. I had updated the UPI ID once.
I am bid Happiestmindset IPO on 07 sept I got mandate request on google pay I was accept it click on authorized button but after this status shown like awaiting fund withdrawal. And my console status is shows request accepted from sponsor bank and details shows receive request from sponsor bank. From my bank account amount is block (in lien balance). What I can do now
in google pay where i can see mandate request can u help me?
i applyvia google pay upi id
Hey Nilesh what happened with that bid your application accepted or not?
Same comment showing me.
i have upi id in union bank of india, @uboi that not shonw in list how can iapply for IPO
also google pay upi @okicici not supported
pls guide me waht i do
I mistakenly entered wrong UPI Pin and the Bid was closed, how do I reinitiate my payment. Because I don’t want to lose the bid.
Did you get answer for this query ? As same thing happens to me as well
same issue there, how can solve? if you solve this please tel me, please…..
I mistakenly blocked the mandate amount thrice for same ipo ( happiest minds ) ..plz help what to do when and how i will get my excessive money my bank is clueless in this regard
Plz help ..
I have applied for Happiest Mind IPO, using ICICI UPI
On ICICI app, it shows request but does not respond when clicking on ‘proceed’ button. I am not sure if some step is pending from ZERODHA or is it ICICI app issue. Can some one pl help me know issue.
I Called Zerodha multiple times but even after waiting for 20-25 mins no one picks up call. Have started using Zerodha very recently and it has been a very unpleasant experience
I applied for Happiest Minds IPO on 9-Sep. I received the UPI mandate on BHIM app. But, when I try to approve it, it is not going through. Nothing happens when I click “Proceed” button. After trying several times repeatedly, it shows the error message “ORIGINAL REQAUTHMANDATE NOT FOUND”. I have been trying to reach Zerodha in all kinds of channels, but I am not getting any solution to this so far.
Zerodha support sucks. If you call, no one picks up the call and after 20 minutes or so, the call gets disconnected. It is not a toll free number that I can call up several times and hold on for 20 minutes to get the call disconnected. I am losing money in this platform, and on top of it losing additional money on phone calls. The support is pathetic. It is like they will respond when they want, not when you want it the most.
Has anyone else faced the above error with UPI IPO mandate? How did you solve it?
I am getting the same error. No resolution till date.
I’m also getting same error while trying to approve UPI mandate on BHIM. Error message ‘original reqauthmandate not found’. So, unable to approve UPI mandate. ANY HELP????
I am getting same error ORIGINAL REQAUTHMANDATE NOT FOUND?
What was the solution?
Same issue i faced
Same problem I am facing when i try to approve the pay
Tried with all the UPI ( google , Phone pe , Bhim ) but always getting error while submitting the mandate.
Deleted the order and tried resubmitting, but the same error.
Please let me know the error is from Zerodha or the from UPI or from bank ?
If the same issue occurs every time , how to apply for an IPO?
Delete the UPI app and reintall, then complete the mandate. It will work
Same message pops up and does not let asba request to be approved in upi.
I deleted the bid and applied again But issue persist.
Getting the same error while applying for Mazgaon dock IPO through HDFC bank IPO. Please help with the resolution.
tried 10 times, always getting error in GPay and BHIM as “ORIGINAL REQAUTHMANDATE NOT FOUND”
Guys,
those who are getting this error, can you tell which is your supported bank?
I use Kotak 811, and try from BHIM UPI app and get the same error: “original reqauthmandate not found”
Another friend of mine using Kotak salary account got the same error.
When i tried using GPay, it would process but stop suddently ‘something went wrong’ or ‘authorisation failed’
Therefore i started trying BHIM
First I used Kotak 811 , I got “original reqauthmandate not found”. Then I tried with SBI and HDFC Bank, again the same error.
The issue will be resolved in a matter of 2-3 hours. Do not decline the request. Just attempt approving the mandate request after a few hours.
I’m also getting same error while trying to approve UPI mandate on BHIM. Error message ‘original reqauthmandate not found’. So, unable to approve UPI mandate. ANY HELP????
Finally how did the “Original reqauthmandate not found” matter get sorted ? I am getting one now ?
I am also getting same error “Org REQAUTHMANDATE NOT FOUND” (UM6).
I applied via SBI UPI App.
If many of us getting it, it could be Zerodha’s issue.
The issue is not specific to broker but the UPI app. It will resolve in 2-3 hours. Keep trying.
I have ordered an IPO but due to some technical issue while submitting for the bid I got the message with some error. But I received a mail with the Application Number generated then I cancelled that bid and submitted a new bid and it got successful and also a new application was generated. After Half an hour I got the mandate over my phonepe app to submit for auto payment. and I accepted that and the amount was blocked.
After few minutes a received a new mandate to accept. Later I realized I had accepted the mandate for the cancelled application number.
Please tell me the way to how to delete the auto payment as It can only be done from IPO end
Unable to approve, I am getting the same message
sir, where can i see allotted shares of happiest minds
I applied for IPO i.e Happiest Mind Technology Solutions, didn’t get an allotment but my block fund aren’t released till date.
Lucky you got atleast manadate, i am still waiting for mandate request 🙂
Dear,
I submit CHEMCON IPO and it is connected BHIM UPI and i waiting for 2 hours still I did not get a mandate in BHIM UPI…but I receive msg from ZERODHA (Application is submitted)
My question is the Application when I submit my “application submitted” that time onwards is confirmed?
or When the mandate accepts through BHIM UPI code that time onwards confirmed?
Bro what is your status for IPO bid , mine is showing rejected by sponser bank , do you have the same?
Same here. And not able to cancel or modify my bid. Keep on saying IPO windows is currently not available.
same here, same status reflecting in my account even money has blocked from my icici account. did you get any clarity from zerodha? i tried to contact but no pick up after waiting so long
Hi ,
I had applied for Chemcon IPO , to which I had approved the UPI request by Phonepe, The status is shown as request accepted by the sponsor bank while amount blocked is shown as ‘none’ . What does it mean? the amount is already not appearing in my bank statement.
Applied for chemcon accepted mandate on gpay. But amount blocked staus is none and i am also able to tansfer the amount that i had kept for ipo. Should i request again ?
Hi ,
I have applied for Chemcon IPO. I accepted the mandate request via Google Pay. Now the UPI Status is showing Amount blocked as ‘None’, but Status is ‘Request Accepted by Sponsor Bank’.
What does this scenario mean?
Do I need to modify bid by deleting the application during IPO hours and re-apply my Bid again?
Please respond urgently.#Matti
I also have same status ‘Request Accepted By Sponsor Bank’. what is meaning of this.
today status ?
Me too same..it says status of amount blocked “none”..i submitted via mapped upi in zerodha. Should i meet bank?
What happened finally? Did you get ipo or your ipo was not even applied? Please reply.
Hey i am facing same with burger king ipo can you tell me what was the problem and how u solved it?
Hi pranav,
I am also having same issue Gpay IPO mandate is showing processing, my IPO UPI status shows Amount blocked as ‘None’, but Status is ‘Request Accepted by Sponsor Bank’.
How did you resolved this issue in past?
Hi Avishek,
I am also having same issue Gpay IPO mandate is showing processing, my IPO UPI status shows Amount blocked as ‘None’, but Status is ‘Request Accepted by Sponsor Bank’.
How did you resolved this issue in past?
IPO payment – There is no Karur vysya bank UPI. Should I choose @allbank.
Why only UPI payment option is given? I am waiting for upi request to come in my upi app for long time. This may result in failing IPO request and loss to customer. Netbanking is the best option as it happens real time.
Not sure if I would receive this upi request and would be able to subscribe to IPOs.
This is not correct method!
If i am applying IPO through Internet Banking what should i write in DP Name? Is it Zerodha Securities Pvt. Ltd. or Zerodha Broking Pvt. Ltd.? And if i have written wrong name will it affect IPO allotment??
During applying for Chemcon IPO, there was some problem on BHIM app and the order was not approved that time. Then I deleted the order to create a new order. After sometime there was message from bank that the UPI mandate has been created. what to do in this case when UPI mandate was created after deleting the order?
During applying for Chemcon IPO, there was some problem on BHIM app and the order was not approved that time. Then I deleted the order to create a new order. After sometime there was message from bank that the UPI mandate has been created. what to do in this case when UPI mandate was created after deleting the order?
I got the same issue. If you found any solution please tell me.
I have received ipo mandate request but I have no balance in my primary account which connects zerodha .
Can I pay from my other account ?
I got the same issue. If you found any solution please tell me.
I have applied for the Chemcon Ipo but i did not receive the mandate request. What should i do?
I was applied for chemcon ipo , after 10 minutes applying I was recieved UPI request in phonepe and processed same . Money was blocked but when I check in console there message shows ” upi is not matched , request was not accepted” , money was not received back. What have to do?
hi
I have given my IDFC first Bank UPI id for CAMS and Chemcon IPO . My UPI mandate authorizations are failed and come to know that IDFC first bank do not support IPO.
can u help in changing my UPI id , so that i can authorize new UPI mandate. i sent emails to support yesterday and today but no response
This is not good !! Zerodha has tie-up with IDFC, and it is not supporting IPO through IPO. Now we need another account specially for IPOs !! Do you have a work around, Zerodha???
Not right now, however, IDFC First Bank is working on enabling IPO applications.
It is still not enabled. @IDFC upi id is not available while applying ipo’s. All other brokers give every upi id but it is inconvinient for people like me who have only one IDFC account
Hi Shrey, this UPI app is not live on IPO yet. More here: https://support.zerodha.com/category/console/ipo/upi/articles/upi-app-not-supported-ipo
Very convenient but unreliable and costly in my experience so far – the UPI mandate process. 2 out of 4 IPO applications in the last month never went through even after multiple attempts with multiple upi addresses. I know its not Zerodha’s fault, but had to bring it up here. Receiving the allotment is a different thing, but I never had a single failed application in the pre-upi mandate days in the last 10 years applying through SBI ASBA route. If its not just me, some work is surely needed to improve the upi mandate reliability.
I had applied for IPO and now its status is ‘Rejected by Investor Bank’ and my amount is blocked.
what should I do in this case?
Please suggest.
Had applied for Chemcon IPO. The UPI mandate request was not received with the status saying rejected by sponsor bank due to an invalid UPI handle which is bullshit cos I have used the same UPI handle for other IPOs and it worked completely fine. There are definitely some technical glitches that need to be addressed at the earliest.
same here, same status reflecting in my account even money has blocked from my icici account. did you get any clarity from zerodha? i tried to contact but no pick up after waiting so long
I have Applied for MAZDOCK. Got Amount request in Phonepay. I have accepted it and did the transaction. But the amount is not deducted and it is showing transaction pending.
Same issue from last week…
Last week not received the mandate request for both CAMS and Chemcon…
Now all 3 IpO mandate request received but while proceeding, it give error ORiGINAL REAUTHMANDATE NOT FOUND..
Plz help to solve this technical glitch..
Original reqauthmandate not found. . Error generate please help. . What I do ???
I too getting error ORiGINAL REAUTHMANDATE NOT FOUND..
From whose side this error is…….Zerodha or UPI or any other.
Refunded money not a/c belence .route mobale and happiness est
Original reqauthmandate not found. . Error generate please help. .
ipo problem original reqauthmandate not found
I am getting Original reqauthmandate not found since yesterday. I have deleted and added again. But not a solution even after app update.
Error – Original ReqAuthMandate not found.
Tried several times but no solution.
Please Zerodha Resolve the issue as tommorow is the last day for IPO Application.
Error – Original ReqAuthMandate not found.
Tried several times but no solution.
Please Zerodha Resolve the issue immediately. there is no support on the telephone as well no one is available
Error – Original ReqAuthMandate not found.
Tried several times but no solution.
Please Zerodha Resolve the issue as tommorow is the last day for IPO Application.
Error – Original ReqAuthMandate not found.
Same here, tried for Mazagon and then for Likhitha. I cancelled the bid and entered again and same msg.
During payment for ipo, it shows error: original reqauthmandate not found. Please, solve the issue.
Error – Original ReqAuthMandate not found.
Same here, tried for Mazagon and then for Likhitha. I cancelled the bid and entered again and same msg.
I had the same error using BHIM upi for Mazagon and every time I tried during the whole day it was generating the same error, but fortunately when I tried once again in the night, it worked and there was no problem with the mandate and the amount also got blocked. So may be patience and trying would help, have no other solution as such to the problem, best luck to try
Zerodha may be a good app for trading, but not at all for IPO.
I applied for Chemcon IPO from Zerodha app, after applying the notification came on BHIM UPI app for me to approve the payment, I did the same and got a confirmation that required amount has been blocked, after a while, I got another msg saying that the application has been revoked as per my request, whereas I didn’t make any such request to revoke the application. Since, it was last day of IPO I could not re-apply and lost the opportunity.
I tried the app again for Mazdock IPO and now getting error of “Orignial ReqAuthMandate Not Found” as per previous msgs from other users, they have been facing similar issues in the past and they aren’t resolved yet.
Not using Zerodha again for IPO
I am also facing the ‘original reqauthmandate not found’ error. Can someone please help here?
It is very annoying there are only same question but no answer found from zerodha.
SAME PROBLEM FACING
‘Original ReqAuthMandate Not Found’ is not a Zerodha issue. It is happening with a Sharekhan user (friend) also. Seems to me as a UPI issue!
During payment for ipo, it shows error: original reqauthmandate not found. Please, solve the issue.
getting error ORiGINAL REQAUTHMANDATE NOT FOUND..
From whose side this error is…….Zerodha or UPI or any other.
For Mazagon dock IPO….on BHIM UPI App i am getting the error ‘ Original Requeathmandate not found’ when I approve the mandate request. Please help.
I am facing same issue, any solution/workaround?
I am also getting the same error. Tried so many times. Original Requeathmandate not found
Mandate keeps on failing in different apps. Gpay “Something went wrong”, BHIM “Original Reqauthmandate not found”?
Facing the same issue with Share Khan.I think this is an issue with all IPO trading accounts .I tried with BHIM and Google pay both.I get Authorization failed on both.
I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from UPI.
Can you please let me know the solution.
Getting Same error “original reqauthmandate not found” while accepting the mandate. Pls help tried 2-3 times by deleting BID but on luck
I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from UPI.
Same issue with me regarding the error “ORIGINAL REQAUTHMANDATE NOT FOUND”. This happened to me during the previous IPOs of CAMS, Angel Broking and CHEMCON. I tried through PhonePe app. Missed that opportunity. Tried using the BHIM app for UTI AMC IPO. Now same issue. Seems to be a Zerodha issue I guess. Any help on this topic appreciated.
Regards
I was also facing the “Original REQAUTHMANDATE” issue on Bhim app but looks like it got resolved now as I have approved the Upi mandate for Mazagon and Likhita IPO just now after receiving the sms from NSE.
I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from BHIM UPI
I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from BHIM UPI. Why?????
I am also getting the same problem
HI Zerodha Team,
Applied for Mazgaon Doc IPO today through BHIM UPI….after submitting from UPI App it showing ” ORIGINAL REQAUTHMANDATE NOT FOUND”
whats the solution? resolve this at earliest as want to subscribe for same IPO.
@Zerodha, could you please answer the quires
During payment for Mazagaon Dock Shipbuilding and UTI AMC ipo, it shows error: “original reqauthmandate not found” on BHIM UPI app. Please, solve the issue ASAP as amount is not getting blocked.
I went to approve the mandate in Google Pay, it got failed. Now have deleted my bid on Zerodha.
Kindly suggest if I should put another bid and try again
During payment for Mazagaon Dock Shipbuilding and UTI AMC ipo, it shows error: “original reqauthmandate not found” on BHIM UPI app. Please, solve the issue ASAP as amount is not getting blocked.
I have been applying for Mazgaon doc IPO.Nothing happens when I click “Proceed” button in BHIM App. After trying several times repeatedly, it shows the error message “ORIGINAL REQAUTHMANDATE NOT FOUND”.
original Reqauthmandate not found since two days im getting this msg. tomorow is last day for ipo
pls help
I am getting same error. I have tried multiple times. Can someone from zerodha post the solution here?
I stumbled across the following error on the BHIM app while applying for IPO: “original Reqauthmandate not found”.
Can Zerodha help me on this?
Guys who all are using BHIM and getting error . please try again. it is getting accepted now. kindly check once.
A possible fix is not to approve the mandate as soon as you get the notification. Wait for an hour after you receive the mandate notification and then approve the mandate.
Yes guys, the mandate is now being accepted on BHIM. Please try again.
Yes its working now on BHIM
I have got the Mandate request and successfully authorized in my Googlepay and my amount in Bank also Blocked. But its showing Amount Blocked:0.00 and Request Pending in Zerodha IPO status.
Best create a ticket on our Support Portal for help.
For MAZDOC IPO, while application submission, message kept on appearing UPI not verified, although 3 different UPI were fed. Application could not be made.
Please help to identify the problem.
Is it required THAT THE BANK ACCOUNT MUST BE IN SINGLE NAME (and not a joint account).
I have applied using PhonePe’s VPA yesterday afternoon and I still have not received mandate request. What should I do? I will appreciate any help in this regard.
Hi All, i really frustrated with Zerodha services and Sales manager ( ATUL)…i have raised many tickets and 10 times called and sent many emails ..but not response looks like Zerodha thinks that they are only service providers in India..
even my many friends face the same issue…they are strugling while applying IPO..mandate is not coming on time…
No one from Zerodha to Help us…specially Sales executive have their own attituded.
Zero + Dha means Zerodha…this is what they are.. earing 200 Rs from each .
Thanks
Devendra
Hey Devendra, the IPO UPI mandate is sent by the sponsor banks and we don’t have any control or visibility into this process, I’m afraid.
I have applied for Mazagon Dock IPO from kotak upi.Amount got blocked.But zerodha showing status amount blocked -NONE
IT has been two days.I have called my bank.They are saying amount blocked but not sure if my bidding was successful.
Best create a ticket on our Support Portal for such account-specific queries.
Dear Team,
UPI status
Amount blocked
None
Status
Rejected by Investor
Details
The block collect request has expired.
what does this mean? was the application not submitted correctly?
it is the same status for me as well. Can anyone explain what is mean by this?
Not sure on this, but it is the same status for me as well..
Can I apply in a IPO from my Bank ASBA feature and provide DMAT account number associated with Zerodha?
Yes, you can.
Sir I apply for burger king IPO on 3 Dec 20 around 1520…But not received any UPI mandate requst 3 Dec 20 2150.any issue or apply fresh requst and delete last request.
Hi Archita, since you’ve not received the mandate request since yesterday, you should delete and reapply. Please check this article for things you should remember to see:
https://support.zerodha.com/category/console/ipo/articles/mandate-request-on-bhim-app
I have applied for an IPO using UPI mandate process. I have authorized same from UPI app. And mandate is successfully created amount is also blocked in bank account for the same IPO application. But from zerodha ipo portal its showing amount blocked none ; status – Request Accepted By Sponsor Bank; Details – Request received by Sponsor Bank. Is my mandate request successful?? Because your status is confusing and its not giving proper details.Please help me on the same.
Hi Sumit, the UPI status is displayed as last updated by the exchange. In case the amount is successfully blocked in your bank, the RTA will consider your application during allotment since they receive confirmation of the block from the bank itself.
Same issue.. so if allotment is not given, then will there be any issue in releasing the blocked amount?
Same issue with me, amount blocked in bank account but zerodha showing amount blocked None, not able to understand what is the real/true status, whether my bid application is successfull or not, not able to understand anything, very disappointed , not expected this from zerodha.
Same issue with me, amount blocked in bank account but zerodha showing amount blocked None, not able to understand what is the real/true status, whether my bid application is successfull or not, not able to understand anything, very disappointed , not expected this from zerodha.
Hi vandana . How r u confirming that amount is blocked . When zerodha portal says amount blocked is none ?
Hi, I’m facing the same issue. It may be because of a delay in confirmation from the exchange but if not I don’t know. This happened with me too. I accepted the mandate and now the amount has been blocked because I can see in my bank app the difference between the effective balance and available balance, it is clear that the amount has been blocked but it has not been updated in Zerodha.
Your UPI mandate status on Console isn’t updated in real-time. The status is only updated as and when confirmed by the exchange. In the meantime, if your funds are blocked in the bank against an IPO application, the RTA will consider it for allotment.
I have the same comments on Zerodha app. My UPI ID also verifieed in Zerodha App. I have received SMS saying Amount request received. But i don’t know where i have to authorize or to accept the request of amount deduction or blocking. I check my Axis mobile bank App where UPI send and request option is there but no option of any request received from zerodha or IPO company name. Do i need to download some other App to validate the UPI request like BHIS AXIS PAY UPI or something else.
Its a major glitch or a Scam!
1. You Apply for IPO , UPI Mandate is Sent to your UPI-ID
2. You Approve the Amount over UPI, Amount is blocked by the Bank.
3. UPI status on Broker firm shows ” Request accepted by Sponsor bank” but Amount blocked is Zero.
4. You wait for a day or 2 but amount does not reflect as blocked.
5. You cannot cancel UPI mandate now in the bank.
6. As your amount not blocked by Brocker/Instrument , Application shall not be considered.
7. Your amount will not be revoked by bank on/before mandate end date.
8. You end up blocking your amount without applying to IPO.
Either bank/broker/instrument shall enjoy the blocked amount till refund initiation. It seems to be a kind of scam wherein many investor end up blocking amount totaling in billions for the IPO and someone is utilizing the same without anyone noticing. Mr H. Mehta fooled the system and system is fooling common people.
Hey Sumit is the issue solved, I have faced a similar issue today.
How did you proceed for filing a complaint
Hello,
I had applied for burgerking ipo yesterday but the mandate request not received till yesterday night. So I deleted the bid and placed fresh order for which the same problem.
I am not getting mandate request on my UPI app so what should I do ? today is the last date..
Hi,
I had applied for the burger king IPO yesterday, but I did not receive the UPI mandate request till now. I have deleted and applied it again and again, but still I didn’t receive the mandate.
Hello ,
Have been trying to contact helpdesk. i keep getting dropped after mobile number and support code.
Had queries for Burger KIng IPO i have applied for the same. Request for a call back if anyone reads this.
Thanks
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
Can someone explain?
will amount be shown as blocked once allotted? or is this a delay from bank side?!
Tell me the stages of this status!
Did you get any information.. I’m also facing same issue..
did you got Allotment or your amount was unblocked?
Same issue, amount blocked in bank account but zerodha showing amount blocked None, not able to understand what is the real/true status, very disappointed , not expected this from zerodha.
I have applied for Burger King IPO with PhonePe UPI. I have accepted the request from UPI app. Now my status in Zerodha console is showing as following :
Amount Blocked : None
Status – Request Accepted By Sponsor Bank
Details – Request received by Sponsor Bank.
Is my IPO request completed successfully ? Please help me with this.
Brother what was happen next you got the ipo or not
I have applied for Burger King IPO with PhonePe UPI. I have accepted the request from UPI app. Now my status in Zerodha console is showing as following :
Amount Blocked : None
Status – Request Accepted By Sponsor Bank
Details – Request received by Sponsor Bank.
Is my IPO request completed successfully ? Please help me with this
I have applied for Burger King IPO with Kotak UPI. I have accepted the request from UPI app. Now my status in Zerodha console is showing as following :
Amount Blocked : None
Status – Request Accepted By Sponsor Bank
Details – Request received by Sponsor Bank.
Is my IPO request completed successfully? Please help …
My ipo application was also accepted yesterday which was applied via zerodha but I have not received any upi mandate request on my gpay, it has been more than 20 hours & window will close soon.
Whereas other application from different pan generated via upstox received mandate request within half an hour.
Hey Shubham, Have you received the Mandate now?
Hi,
I have applied for burger king IPO yesterday via Gpay and didnt get any request, what should I do now? I did get SMS from BSE to pay but didnt get any request on gpay
Hey Tanveer, Did you receive the Mandate till now?
Nope, I did not. I did get an SMS from NSE to pay but nothing on my GPAY
on Gpay -Go to settings- mandates
GPAY UPI sucks. The mandate is still displaying “processing” . Never going to use gpay again. thumbs down
I applied for Burger King ipo on 3rd Dec but My mandate payment did not come on my gpay for burger King ipo payment.
Yash, Did you Recieve the Mandate?
Mandate Aaya kya ab take apko?
I have applied for Burger King IPO with gpay UPI ,But Still not received any UPI Mandate to accept and showing
Now my status in Zerodha console
Amount Blocked : None
Status – Request Accepted By Sponsor Bank
Details – Request received by Sponsor Bank.
Is my IPO request completed successfully?
And I received message
Dear BOBXXXXX0G IPO Burger King India Limited : App no ZU270249991840 UPI ID ************@oksbi for Rs 15000.00 received. Please check for UPI-Mandate collect request for blocking of funds.- NSEIL
Once you place your bid, we submit it on the exchange. The exchange then sends the bid to your bank via NPCI so that you can get the mandate request on your UPI app. The IPO application is complete once the mandate request is accepted. You may have not received the mandate request due to failures at the sponsor bank or UPI app. Learn more: https://support.zerodha.com/category/console/ipo/articles/mandate-request-on-bhim-app
Hey Naveen, Will you tell me how to find the Mandate on GPay. Steps to find?
Open Gpay –
Go to settings
You can find Mandates option there
I have applied for Burger King IPO And mandate request accepted by my bank but amount is not blocked ,what are the possible reasons for this?
Once you place your bid, we submit it on the exchange. The exchange then sends the bid to your bank via NPCI so that you can get the mandate request on your UPI app. In case the amount is not blocked in your bank although the mandate is accepted by you, the failure could be at your bank’s end. You can learn more here: https://support.zerodha.com/category/console/ipo/articles/mandate-request-on-bhim-app
I have the same staus and don’t understand why this has to be so complicated. Have been using a reputed bank-backed broker and it is super simple to apply through that.
I have applied for burger king ipo, but th amount blocked in console section is showing none even after 2 days of applying. So my bid is submitted or not?? In Gpay also it is showing processing.
The status on Console is displayed as received from the stock exchange. In case your funds are properly blocked, the RTA may still consider your application since they receive a confirmation of blocked funds from the Sponsor bank.
My gpay payment mandate did not come till now, but i have received email on 3rd Dec
Once you place your bid, we submit it on the exchange. The exchange then sends the bid to your bank via NPCI so that you can get the mandate request on your UPI app.
In case the mandate request has not been received, it could be due to failures at the sponsor bank’s end or with the UPI app. Learn more: https://support.zerodha.com/category/console/ipo/articles/mandate-request-on-bhim-app
CONSOLE—
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
GPAY—
Awaiting for funds withdrawal.
NETBANKING—
15k on Hold for IPO
Can somebody explain what my Bidding Status is ?
I have linked my zerodha through google pay UPI can I apply?
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
GPAY—
Awaiting for funds withdrawal.
Can somebody explain what my Bidding Status is ?
Hi Esha, you can check your allotment status here: https://www.linkintime.co.in/IPO/public-issues.html
As long as funds are blocked in your bank account the RTA considers it for the allotment lottery.
I have applied and amount got blocked but status is showing “No record found”, where as I have applied from other account it is showing 0 alloted, I think there is a mistake from zerodha
In some cases, the RTAs do not show unallotted applications on their portal or throw up one of the following errors:
No Record found
PAN not found
Bid not found
Read more: https://support.zerodha.com/category/console/ipo/articles/ipo-allotment-rta
I have a doubt
Zerodha showing this.
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
Funds not yet withdrawn in my account
IPO Status showing NO RECORD FOUND
Do I have any chance of getting allotted?
Hi Sahf, you don’t seem to have received an allotment.
In some cases, the RTAs do not show unallotted applications on their portal or throw up one of the following errors:
No Record found
PAN not found
Bid not found
Read more: https://support.zerodha.com/category/console/ipo/articles/ipo-allotment-rta
I applied for Burger King. IPO through UPI mandate for maximum amount possible for retail investor. I received a request mandate on my bhim app but it errored out on accepting the same. Now I have received a message from Zerodha saying I haven’t been allotted any shares in Burger King IPO. I have 2 questions:
1. If UPI mandate process is such un-reliable why Zerodha is promoting it?
2. Why I didn’t receive any shares instead of bidding for highest amount?
I have applied IPO in my wife’s Demat account with my bank UPI id, and it is successfully applied and the mandate also blocked. Is it a right process?
After bidding for IPO I have received a comment on Zerodha App saying UPI Status : Amount blocked – None, Status – Request accepted by Sponsor Bank, Details – Request received by Sponsor bank. My UPI ID also is showing verified in Zerodha App. I have received SMS saying Amount request received. But i don’t know where i have to authorize or to accept the request of amount deduction or blocking for this IPO. I checked on my Axis mobile bank App where UPI send and request option is there but no option of any request received from zerodha or IPO company. Do i need to download some other App to validate the UPI request like BHIM AXIS PAY UPI or something else.
It seems Axis UPI i.e. xxx@axisbank still is not receiving messages from zerodha for the IPO amount blocking/confirmation. Not sure, if this is an issue at your end or at the bank’s end but this needs to be fixed for consumers smooth operations within Zerodha.
Kindly look into this, there are enough queries on this topic since 2019 but still it is the same issue.
I have tried to apply BECTORFOOD, after filling the application and clicked bid button, then zerodha shows “Failed to place order: Application already submitted with status ‘Success’.”
I would like to bid for IPO in zerodha but does it really required using UPI? Is there any alternative method ?
i applied for an IPO through google pay but the status on zerodha says that transaction timed out and even on google pay it shows authorization failed but after market hours i received message from my bank that money has been blocked. Could any one suggest if i should leave as is and mandate will be approved or will have to cancel and re-place the bid and if i have to palce bid again, will my money be relieved and until when?
I have a doubt
Zerodha showing this.
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
funds were blocked, but status on zerodha remains unchanged.
Kindly reply whether my bid is accepted or not?
Thanks in advance.
I have an doubt
Zerodha showing this
Upi status amount blocked
Status sponser bank request accepted
Funds were blocked but status on zerodha remain un changed kindlyreply my bid is accepted or not
Hi Goutham, in case your funds are blocked, the RTA will check with the bank while considering your application for allotment. The status on the Zerodha IPO page is dependent on what has been last confirmed by the exchange. It doesn’t affect the validity of your blocked funds.
Good evening
This is reg Mrs Bector Foods IPO
I had applied for IPO and accepted my SBI bank mandate through UPI.
BUT
Zerodha shows the following message
UPI status
Amount blocked
None
Status
Rejected by Investor
Details
The block collect request has expired.
Kindly explain
Regards
MOHAMMED
Did you receive your money back?
Zerodha saw following message
UPI status
Amount blocked
None
Status
Rejected by Investor
Details
The block collect request has expired.
ANTONY CLOSED
Qty. 47
Price: 313.00 – 315.00
Start: 2020-12-21
End: 2020-12-23
UPI status
Amount blocked
None
Status
Rejected by Investor
Details
The block collect request has expired.
Facing the same problem the second time..plz help
In every IPO, I get followings : please clarify should I need to change to get IPOallotment?
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
Can someone explain?
will amount be shown as blocked once allotted? or is this a delay from bank side?!
Tell me the stages of this status!
Why Paytm UPI @ not available at the time of IOP purchase ???? I have ac in Paytm Bank.
Hi All,
I have one query of Gpay IPO mandate is showing processing after authoring the mandate request, my IPO UPI status shows Amount blocked as ‘None’, but Status is ‘Request Accepted by Sponsor Bank’.
How this issue can be resolved?
Hi ridhikesh . Same issue with me. Am scratching my head . Please let me know if u have some clarification . What I learner from morning is Google pay is worst .
UPI mandate is getting time out from last 2 IPOs in zerodha (Antony Waste Handling Cell Limited and Indian Railway Finance Corporation Limited). after submitting IPO , In UPI app if we select proceed and enter pin, TIME OUT is happening and failed.
is there any difference between the right issue and IPO????
why the upi for hdfc is @okhdfcbank instead of @hdfcbank ? As the consent approval is not being received after submission of BID.
This is because this is the Google Pay UPI handle.
Stupid idiotic App. There’s no option for @hdfc
Similar thing happened to me as well
Hi Ripu, you can place an IPO bid only using the UPI app and handle that is enabled with NPCI. You can check out the list here.
Hi, I have applied for the IRFC IPO but didn’t get any mandate request from the UPI and after the end of day the status of application says my sponsor bank rejected the application. Any idea what could be the issue.
Hi Alka, the sponsor bank in the issue is ICICI bank. A rejection from them could be due to technical issues or if the UPI app is not supported.
Learn more about the entire process in this article: https://support.zerodha.com/category/console/ipo/articles/mandate-request-on-bhim-app
If i apply for ipo and using upi for bhim pay. After in bhim pay i can proceed with the different bank account compare the. what i attached for my regular trading transaction in zerodha. So it will be ok for IPO ?
Yes.
Sir my IRFC bid amount is blocked but i am unable to see my application number on console
Hi, I cancelled a bid on indigo but I had already accepted the upi mandate earlier on phonepe upi. My amount is blocked now. Since I cancelled the bid, when the amount will be revoked? Or how to revoke the amount.
I have applied for indigo IPO and i received the mandate and accepted it and the amount got blocked in my bank account on 20.1.2021 but till now (22.02.2021) in Zerodha IPO status window it is shown as
amount blocked:0.00,
status: Request pending.
Whether my application will be considered ? or whether i have to delete my application and reapply again ?
Had applied for indgo paint ipo on 1st day, was getting timeout error, then after sometime was able to apply successfully, got the mandate request in BHIM app, approved it and amount got blocked and again yesterday received mandate request out of nowhere with same application number, tried approving it but failed and now status in zerodha is Amount blocked: None, rejected by investor, but my amount is still blocked.
With such advanced techs and apps you still can’t fix such issue, how bad is that, putting people’s hard earned money at stake. Please look into it asap
I applied IRFC on very 1st day at 10:15am on jan 18 2021
Got status as sponsor bank accepted and amount avaiable in my bank account as well.
I accepted mandates on google pay also.
after IPO last date, now showing status as “Rejected by Investor”.
What is this ?
Hi, I applied for Indigo Paints IPO and HomeFirst IPO yesterday using UPI as described above. But I havent received the mandate request yet on my mobile banking app. What should I do?
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
shall anyone get allotment for this status IPO
You all Google Pay victims then.
UPI status
Amount blocked
None
Means game over.
will my money be refunded
Same issue with me. Zerodha is not even replying and not helping. They are taking charges from us and not helping. I think they don’t care about customer as they have gained enough of money
Hi, I applied for Indigo Paints IPO yesterday using GooglePay UPI . But I havent received the mandate request yet on my mobile GooglePay app. What should I do? there are also mention in application if i am not accept the mandate request before 23rd Jan 12 PM your application will be rejected.
Hi,
Same with me
UPI status
Amount blocked
None
Status
Request Accepted By Sponsor Bank
Details
Request received by Sponsor Bank
Amount is blocked in account. Did I make a mistake to have applied IPO from Zerodha UPI?
Hi. I have applied through BHIM SBI UPI twice (Burger King & IRFC) & not received mandate even once in SBI UPI app. Then I used BHIM App & got mandate request (for Indigo Paints) approved it but now status says “Rejected by Investor Bank” Detail says “Transaction cannot be completed. Please check with your bank.” Can someone guide me.
Do we still need money in bank account if we have capital in Zerodha account when applying for IPO?
hi,
for IPO amount is already block, req, too received.
Now i want to purchase additional shares.. how can i do through console. currently it shows modify/bid ..
is it possible once ipo submit to add shared on next day
HI,
I have applied IPO today via using SBI UPI but i am not any request on SBI APP to accept request.
Kindly help me out that where and what to do ?
I applied for RailTel IPO thru Zerodha. I got the IPO mandate in BHIM UPI app.
When I tried to approve it, I am getting the error: ““ORIGINAL REQAUTHMANDATE NOT FOUND””.
Status in Zerodha Console says: “Rejected by Investor Bank Due To Technical Error”
and the details: “UPI application is not able to respond now. Please reinitiate after some time.”
The mandate has to be approved before 12 Noon today and it is already 11:45!
Anyone else facing similar issue? Any way to solve this?
Hypothetically, if I apply for MTar Technologies IPO, am I permitted to sell the shares on the listing day itself or does Zerodha have some lockup period policy for IPO shares?
You can sell on the listing day.
I have zerodha account and I have balance in that account.can I apply for this ipo and that ammount will be debited from my zerodha account.
No Lokesh, you’ll have to use UPI as explained in the above post. The amount will be blocked in your bank account itself.
I have selected and fed information in all the 3 bid fields in the same IPO application window. What does it mean and how it will be interpreted ?
Check this article to learn what the function of the three bid fields is:
https://support.zerodha.com/category/console/ipo/articles/how-do-i-place-bids-in-the-ipo-application
I have applied for the Laxmi Chemicals IPO the mandate also done, how can I see that I have successfully applied for the IPO. UI/ UX is very poor. I have not received any SMS or confirmation yet.
I am trying to