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IPO Application: What Happens If I Can't Pay After Listing?

Samraat Jadhav |2338 Answers |Ask -Follow

Stock Market Expert - Answered on Jan 10, 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

Question by KK on Jan 08, 2025Hindi

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Sir, I have applied IPO via QIB, They have allotted some shares to me. Unfortunately, I can't pay the remaining amount. And the IPO has been listed. Currently my entire amount has been blocked. After the deadline what will happen?

Ans: plz share more details as how much did you apply for and how did you applied in QIB, plz rechk as this could be a scam.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Sir, I have applied IPO via QIB thro Amansa Capital, They have allotted some shares to me. Unfortunately, I can't pay the remaining amount. And the IPO has been listed. Currently my entire amount has been blocked. After the deadline what will happen.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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