IPO status shows Mandate expired even though Mandate was successfully approved


My CLIENT ID - S1130683

I’ve applied for TATA Technologies IPO and Gandhar Oil refinery IPO. I’ve also approved the mandates from my UPI app and funds are blocked in my account. But in the AngelOne app, I see the status as Payment Mandate was expired. I’m facing this issue for the following two application ids:

  1. IPO Application Id: 921774996 (Tata Technologies Ltd)

  2. IPO Application Id: 921274383 (Gandhar Oil Refinery (India) Ltd)

This is ridiculous as I had successfully approved the payment mandate and got confirmation from the bank that the Mandate had been approved. Despite that, the app shows the Payment mandate got expired. I have never faced such issues in other brokerage apps.

Please help me in this regard.


1 Like

Hi @SeemaGupta Welcome to the Community! We are sorry to hear about the inconvenience caused to you, please bear with us while we are getting this looked into.

1 Like