---
title: "Why did the UPI mandate fail even when the IPO was allotted?"
description: "Your UPI mandate can fail due to technical issues with your bank. After your IPO shares are allocated, the registrar sends the allotment file to your…"
category: arrow
subcategory: ipo
slug: why-did-the-upi-mandate-fail-even-when-the-ipo-was-allotted
canonical: https://support.arrow.trade/arrow/ipo/why-did-the-upi-mandate-fail-even-when-the-ipo-was-allotted/
---

# Why did the UPI mandate fail even when the IPO was allotted?

> Your UPI mandate can fail due to technical issues with your bank. After your IPO shares are allocated, the registrar sends the allotment file to your…

## Short answer

Your UPI mandate can fail due to technical issues with your bank. After your IPO shares are allocated, the registrar sends the allotment file to your bank, and your bank deducts the funds as required. However, you can still trade the shares credited to your demat account even if your bank has not deducted the funds. If technical issues prevent your bank from debiting the funds, your bank will make another attempt at a later time.

## Related

- Browse more in [ipo](/arrow/ipo/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/arrow/ipo/why-did-the-upi-mandate-fail-even-when-the-ipo-was-allotted/
Publisher: Arrow / iRage Broking Services LLP