Bank Interaction: The exchange forwards the bid to the bank through the National Payments Corporation of India (NPCI). Here, the UPI app is used to request the mandate.<\/p>\n\n\n\n
UPI Mandate Approval: Upon approval of the UPI mandate, your IPO application is considered complete.<\/p>\n\n\n\n
Application Assessment: The company’s registrar evaluates your application during the share allotment process.<\/p>\n\n\n\n
Share Allotment: If shares are assigned, they’ll be credited to your demat account one or two days before the listing date.<\/p>\n\n\n\n
Non-Allotment Refund: In case shares are not allotted, the invested amount is refunded back to your bank account.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
“Bid Submission: Once you place a bid, it’s sent to the exchange. Bank Interaction: The exchange forwards the bid to the bank through the National Payments Corporation of India (NPCI). Here, the UPI app is used to request the mandate. UPI Mandate Approval: Upon approval of the UPI mandate, your IPO application is considered complete. […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":11164,"menu_order":18,"comment_status":"closed","ping_status":"closed","template":"","doc_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11206"}],"collection":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/comments?post=11206"}],"version-history":[{"count":0,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11206\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/11164"}],"wp:attachment":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/media?parent=11206"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/doc_tag?post=11206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}