Please read the news about Nagbeli IPO allotment. It means money will not be refunded before Century IPO ??

Allotment of the Initial Public Offering (IPO) of 42,900 unit equity shares floated by Nagbeli Laghubitta Bikas Bank Limted, in December will take place only next week, most probably on January 12, according to the issue manager NMB Capital Limited.

Source: http://www.sharesansar.com/viewnews.php?id=18239&cat=news