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IPO Allotted But Short On Funds: What Happens Now?

Samraat

Samraat Jadhav  |2321 Answers  |Ask -

Stock Market Expert - Answered on Feb 27, 2025

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Sundareswari Question by Sundareswari on Feb 26, 2025Hindi
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Hi, I have applied IPO via ACI, it got alloted for 8 lakh but unfortunately i dont have that much money, the amount in invested app 1 lakh got freezed in that IPO how to get my money back? If i do not pay the full amount within deadline what will happen? .. The ACI investing guide person asks to invest the remaining money and telling the freezed amount could not cancelled could you please guide how to proceed further

Ans: its a scam, plz file a complaint in cyber crime dept.
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