IPO UPI Mandate & Blocked Amount Calculator
Work out exactly how much your UPI mandate will block when you bid for an IPO, and when you need to approve it by. See the application amount calculator for the price-band version of this.
UPI Mandate — Amount Blocked
₹15,000
For 1 lot of 30 shares (30 shares total) at ₹500 per share.
Total Shares
30
Value per Lot
₹15,000
Approve the UPI mandate request by 5:00 PM on the issue's closing day — late approvals are auto-rejected with no exceptions.
How the IPO UPI Mandate & Blocked Amount Calculator works
When you submit an IPO bid via UPI/ASBA, your broker sends a mandate (collect) request to your UPI app for bid price × lot size × number of lots. This is a block/lien on your bank balance, not a debit — the money stays in your account and only moves out if you're allotted shares.
Two separate deadlines apply on the issue's closing day: your broker/bank must submit the bid by 4:00 PM, and you must approve the UPI mandate request by 5:00 PM. Many brokers set an earlier internal cut-off to leave buffer before the 5 PM SEBI deadline, so don't wait until the last minute — a mandate approved late is auto-rejected with no exceptions.
Disclaimer: This calculator is for educational purposes only and does not constitute investment advice. Always read the Red Herring Prospectus and verify current rates before applying for any IPO.