What is the amount blocked in my bank account?

Investors can place up to 3 bids in an FPO application. For instance, the price range of FPO is Rs. 100 to Rs. 120. The following bids can be placed:

Bid 1. 10 shares at Rs. 100

Bid 2. 15 shares at Rs. 110

Bid 3. 20 shares at  Rs 120

In the above scenario the blocked amount is the highest of the three bids. The highest bid amount shall be Rs 2400 (10*110= 1000 ,15*110 = 1650, 20*120 = 2400 ). Hence Rs 2400 shall be blocked.