Top Reasons for IPO Allotment Delays
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Oversubscription: Too many applications take longer to process.
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Technical Issues: Glitches in UPI, broker apps, or exchange systems.
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Registrar Delays: Slow processing by agencies like Link Intime or KFintech.
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UPI Mandate Problems: Mandates not approved, incorrect UPI ID, or unsupported banks.
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Incorrect Application Details: Errors in PAN, demat, or multiple applications.
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Bank Holidays/Weekends: Delay in fund blocking or refunds.
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Compliance Checks: Extra time needed for regulatory verifications.
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Regulatory Actions or IPO Withdrawal: SEBI actions or company decisions may pause allotment.