IPO Hold Not removed (even after 10 days of listing)
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Guys I apply for IPO through Groww and phonepe from 2-3 Demat accounts. Applied for Gala IPO (3 lots) . Didnt get the Allotment and the share got listed long back (8-9th). Still the hold is not removed. Similar thing happend with one more IPO of another demat account. Banks are SBI and Canara. What is the way to get the hold removed. Is there any guidance because i dont want to waste my time listening to IVR. The holds are till 8-9th Oct.
Raised a ticket on Phonepe , where they had to revert by 16th but no update there as well
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Reach to registrar
Put online complaints at bank end.
Do give them all information like application no, PAN no, Txn id, etc. screenshots , etc
use asba for applying dont use apps
Can i cancel the lien manually after ipo listing (in case it is not removed )?
Mine too also blocked in Bajaj IPO.
Let me know if u found anyways.
Reach out to bank with mandate revoked info..it's bank side to do