Union Bank Of India — Releasing of Blocked amount for non allotted IPO.
V
V. K. Shitole
Aug 24, 2021
I applied for Glenmark Life Science IPO on 27 July 2021. Accordingly an amount of 14, 400- was blocked. However the IPO's were not allotted but till today i.e 24 Aug the said blocked amount is not released/unblocked. The broker says to contact the bank. My bank manager says he doesn't have the option to unblock. Kindly help.
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