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11 Aug 07 IPO Refund Complaints

Since I get lots of queries regarding non receipt of IPO refunds from investors investing in IPO’s, I thought it would be a better idea to write a separate article on this, instead of replying to individual emails/comments. Two of the most common causes of non receipt of IPO refunds are given below.

1) Postal Delay / Loss in transit
2) Incorrect residential address mentioned in the Demat account records with the DP

If there is a postal delay or if the cheque has been lost, damaged or destroyed in transit, investors will have to meet the postmaster and get a non traceable certificate. This process takes about 20-30 days. Once you get the non traceable certificate from your local postoffice, investors will have to fax this along with their IPO application details, IPO acknowledgement and client master form (which is available in the welcome kit when you open a demat account) to the registrar of the IPO along with a letter requesting them to send a new cheque. The entire process takes about 2-3 months.

If there is a delay because of incorrect residential address mentioned in the demat account, then investors need to meet their depository participant, give them proof of address and ask them to update the same in their demat account. After this investors need to get an updated client master form with the updated address and send this to the registrar of the IPO (through fax or courier) along with the IPO application details, IPO acknowledgement and a letter requesting the registrar to send the cheque to the updated residential address. The entire process takes less than 1 month.

The contact details of the 3 leading IPO registrar’s in India are given below.
Intime Spectrum
Tel.:022-25960320
Fax:022-25960329
Email: ipo.helpdesk@intimespectrum.com

Karvy
Tel No:(+91-40) 23312454, 23320751
Fax No:(+91-40) 23311968
E-mail: mailmanager@karvy.com

Cameo
Tel : 91-44-28460390 (5 Lines)
Fax : 91-44-28460129
E-mail : cameo@cameoindia.com

Usually the registrar’s act swiftly on complaints received from investors since SEBI can penalise the registrar’s heavily if they don’t protect investors interests. Also the reputation of the registrar is at stake. However, if you feel that the registrar is not responding to your complaints properly, you can lodge an official complain with SEBI. Investors need to take a printout of this form and mail it to SEBI at the following address

SEBI (Investor Assistance and Education office),
Post Box No. 19972, Nariman Point
Mumbai – 400021
Maharasthra

Most importantly ensure that your DP records have your 9 digit MICR code. This will enable investors to receive IPO refunds directly in their bank accounts. This way lot of time and effort can be saved. ECS is fast, safe, secure and above all free of cost. So make use of the ECS facility.


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Reader's Comments

  1. |

    in my vishal ipo case registrar made mistake in my surname though i appllied correctly n with my cheque with my printed name ..after complaining i got refund after 2 months after several calls to intime spectrum ..
    I asked them for interest but they said it is minor mistake ..
    As it is technical mistake made by registrar will i get interest on my money ?
    Shd i complain to sebi ?
    Please reply ..

  2. |

    sir,
    i am waiting for your reply

  3. |

    Hi,
    Please treat this as extremely urgent.I have not reciept my refund for
    the IPO of Central bank of India.I had applied for 360 shares of CBI at
    cut-off price ie Rs.102/-.But till date I haven’t got back my refund.

    Also, my MICR Code is updated in my demat account.

    But the registrar has n’t done the refund thorugh ECS.

  4. |

    Dear Sir,
    My name is Ramdas Malgaye.
    Please treat this as extremely urgent.I have not reciept my refund for
    the IPO of Central bank of India.I had applied for 180 shares of CBI at
    cut-off price ie Rs.102/-.But till date I haven’t got back my refund.

    Also, my MICR Code is updated in my demat account.

    But the registrar has n’t done the refund thorugh ECS.

    Tell me the status of my refund.

    Thanks & Regards

    Ramdas

  5. |

    Dear Sir,
    My name is Rahul Mittal.
    Please treat this as extremely urgent.I have not reciept my refund for the IPO of Omnitech Infosolutions Limited.I had applied for 180 shares of Omnitech at cut-off price ie Rs.105/-.But till date I haven’t got back my refund.

    Also, my MICR Code is updated in my demat account & i have checked that i have filled all details correct in my application form.

    But inspite of so many reminders, i have’nt got my refund back.

    Tell me the status of my refund.

    Thanks & Regards

    Rahul Mittal
    9412214435

  6. |

    Dear Sir,
    My name is Latha.
    Please treat this as extremely urgent.I have not reciept my refund for the IPO of Omaxe Limited.I had applied for 40 shares of Omaxe limited by ICICI direct.com. Intime spectrum sent me a stating that the refund will be credited through ECS by HDFC bank. But till date I haven’t got back my refund. Please take action. Application number: 13620934.

  7. |

    dear sir
    I AM WAITING FOR MY ALLOTTMENT OF SHARES OR REFUND OF MY MONEY FOR IPO OF BOMBAY RAYON FASHIONS LTD.SINCE NOV2005 I GET NO RESPONSE.I HAD ALREADY WRITTEN YOU SO MANY TIMES.
    IF SHARES ARE NOT ALLOTTED TO ME RETURN MY MONEY WITH INTT.
    MY APPLICATION FORM NO.4445042 DTD 15/11/05
    MY DMAT AC NO.20928624
    DP-ID:IN301557
    APPLIED FOR 100SHARES
    AMT. RS.7000/- DFT NO.023757 PAYABLE AT LUCKNOW
    DFT DTD 12/11/05
    PL. REPLY ME ON MY ADDRESS AS PER MY DMAT AC.OR PHONE ME AT 9415301821.

  8. |

    DEAR SIR,
    I HAVE APPLIED FOR CENTRAL BANK IPO ,QUANTITY -120 SHARES ,ALSO GOT THE ALLOTMENT OF 60 EQUITY SHARES ,BUT STILL HAVE NOT YET RECEIVED THE BALANCE AMOUNT CHEQUE FOR 6O EQUITY SHARES ,SO WHAT I HAVE TO DO NOW .PLEASE RECTIFY

  9. |

    Sir, please help to solve my below complaint:
    KAMAL TRIVEDI
    22, PATEL SOCIETY, NEAR BANK COLONY,
    BORTALAV, BHAVNAGAR-364003
    GUJARAT STATE
    OCTOBER 6, 2007
    SIR,
    I HAVE APPLIED FOR ‘IVR PRIME URBAN DEVELOPERS LTD’ IPO ON 24-07-2007. BY MISTAKE I SENT AXIS BANK CHEQUE NO. 102950 OF RS. 12000/- INSTEAD OF RS. 6000/- FOR 10 (TEN) SHARES (MINIMUM). MY APPLICATION NUMBER IS 84553452. MY REQUEST NO. IS 1189541487922. SO PLEASE AS YOU GET THIS MAIL SEND REFUND OF RS. 12000/- TO ME AS EARLY AS POSSIBLE. THE COMPANY DIDN’T ALLOTED ANY SHARES IN MY DMAT ACCOUNT (NO. 1203320000 658950). I HAVE ATTACHED MY AXIS BANK STATEMENT (PDF FILE) AND IPO FORM RECEIPT PHOTOGRAPH (JPG FILE). DEDUCTED AMOUNT SHOWN IN BANK STATEMENT AS DATE 28-JULY-2007 ESCROE A/C IVR PUD 102950 12,000.
    HOPING FOR QUICK REPLY,
    KAMAL TRIVEDI
    AXIS BANK A/C NO. 200010100012403
    BHAVNAGAR.

  10. |

    I hv applied 250 Nos Shares of Power grid Corporation , co has allotted me 125 Nos. Share which is credited to my DP A/c but refund for rs. 6500/- is still awaited . I have make e-mailed correspondence to Karvy( registrar) but no positive response

    Application No. is 1124693
    Chq No. 647359 drawn on Bank of maharashtra -Lalbaug Branch deposited at Kotak Security
    DP No. 1202160000045739

    Pl forward my complain to the respective authority so that I can get my refund of Rs. 6500/

  11. |

    I HAVE APLLIED MUNDRA POT AND SEz but till now i have not received the balance amount.
    po name: MUNDRA PORT AND SEZ
    DP NAME KARVY CONSULTANTS LTD.
    amount on apllication:Rs 85800.00
    share applied for 195
    share alloted 15
    applicatio no.83824140

  12. |

    I have NOT received the REFUND from mundra port ipo either ECS or cheque , applied through sharekhan, can you guide how can i get refund.
    Application No: 12006603

  13. |

    I had applied for MPSEZ four lots of 15 each (Rs 26400)on 7th nov.at the listing I was not alloted a single share and till now I haven’t recieved my fund.when will I get my amount back? Till then I can’t invest or make use of my money.From whom can I get the help.I also sent e-miails with all my DP and bank Account details but no peply came.

  14. |

    HAVE APLLIED MUNDRA POT AND SEz but till now i have not received the balance amount.
    po name: MUNDRA PORT AND SEZ
    share applied for 180
    share alloted 15
    applicatio no.26669782

    Please suggest what I need to do to get the refund

  15. |

    To
    Intime Spectrm registry Limited.
    ( Unit Mundra Port & Special Zone Limited.)
    c-13, Pannalal Silk Mills Compound.
    L.B.S Marg Dhandup (West)
    Mumbai-400078

    Sub: Regarding refund of Bid-cum application No-26618306.
    Respected Sir,
    I have applied for share of Mundra port & special Economic zone Limited . But due to mistake, ECS code is mentioned in my DEMAT a/c which actually not to be mentioned. I received your ECS intimation Letter No- 5085904, that you have credited the amount in my account through ECS. But actually no ECS facility my Bank account so, the amount is not credited in my account.
    Therefore you are requested to send the physical copy of refund Rs. 92400/- by cheque in the name of Mr Vinod Kumar jangra A/c No- 0203001700002861.
    Sir, I have send many times mails (mpsezl-ipo@intimeseptrum) to you but no reply is received by me till yet. You can reply me at this mail Id ( vinodjangra12@rediffmail.com) what is status of my refund otherwise you will be contact me at this no 098132-74431

    Thanking you,
    With regards,
    Vinod Kumar Janra
    17-A, Mittal Nagar.
    Near Nand Theater Mill Road,
    Saw Machine-Hisar.
    Mob: 098132-74431
    Email: vinodjangra12@rediffmail.com

  16. |

    i have not received the REFUND from EDELWEISS CAPITAL LIMITED IPO either ecs or cheque applied through RELIANCE-MONEY can you guide how can i get my REFUND. APPLICATION NO 14447328.

  17. |

    To
    IMS Department
    INTIMES SPECTRUM 19.12.07
    Kolkatta-700001

    SUB:Wrong client Id in the IPO

    Respected Sir,
    I (Kishan lal mohta)has applied in the IPO “MUDRA PORT” & the details of IPO as per your requirement :-

    Applicant Name:- Kishan lal mohta
    Application no: 83960162
    Cheque no: 850908 (AXIS BANK –Konnagar branch)
    Cheque amount:-Rs 99000/-(ninty nine thousand only)
    Wrong DP Client ID-IN302105-10305602
    Correct DP Client ID-IN302105-10325167
    TRS NO/Bidding no:200711060010990.

    So,kindly look into this matter as soon as possible since I have not received the refund or shares allotted.
    Thanking you,
    Yours Truly,

    (Kishan Lal Mohta).
    51/73, N.S.ROAD RISHRA
    HOOGHLY PIN 712248

  18. |

    I applied for 8 ipo this year. I got only one. I received ECS payment in 2 remaining I received cheques. All applications were made online. My Bank is Axis Bank and my demat account contains bank details including MICR code. Still Why registrars are sending physical warrants? What is the criteria for ECS Refunds ? My Bank is situated in a small city where RBI centre is not there for ECS service. However, Axis Bank has its entire branches under corebanking and RBI has allotted and MICR Code for my branch. If I present cheques to my bank, they will deduct collection charges since there is no ECS facility in my city. When I apply for an IPO, my money gets blocked for about 21 days. Then I have to wait some more days to get my cheque credited. I have to pay collection charges.Now what prevents registrars from making electronic ECS to those investors who got their MICR code in the demat account? Is it that registrars arbitrarily deciding mode of refund ?

  19. |

    To
    Intime Spectrm registry Limited.
    ( Unit Mundra Port & Special Zone Limited.)
    c-13, Pannalal Silk Mills Compound.
    L.B.S Marg Dhandup (West)
    Mumbai-400078

    dear sir,
    i bharat nimavat from veraval,bid ipo (30 nos.share)of mundra port in nov – 07 against following details:

    Name : Bharat Jamnadas Nimavat
    App.no. : 4 2993412 (attached scanned copy)
    Demate acc.no.120109000017057
    from :D arshan investment,veraval(motilal oswal security services)
    Draft no.:012138 , dated : 02/11/2007 of HDFC bank payable at rajkot
    but not alloted me share also
    after so many days i have not received any refund order from ur side,so, i would like request you to send me refund order ealiest.

    i have already mailed on your email id :
    mpsezl-ipo@intimespectrum.com so many time but not give any response till date

    after that i also mail to shushant.yerondkar@intimespectrum.com,but,no any answer till date

    please help……help me
    regards,
    bharat nimavat
    veraval
    9998784068

  20. |

    dear sir,

    i have appiled bgr energy IPO 28 no but i have not recived i want to know my ipo refund i am calling intimes spectrum but nobody recived the phone.
    please look in to tha matter.

  21. |

    Dear Sir,
    This is Nemichand Jain from Nashik, Maharashtra.
    I had applied Edelweiss IPO. I got refund order also, but the name of bank which have mentioned on refund order that account I have closed and other bank is not accepting that cheque How can I get new refund order of another bank?
    Pl reply me immediately,
    Thanks,
    Nemichand Jain
    9922907727

  22. |

    Hello Sir / Madam,

    I applied for the BGR Energy public issue on 12/12/2007 but I still not received my refund. Here are the necessary information.

    Application# 71126575
    Bid Lote# 98 shares @ 480 rs.
    TotalAmount# 47040 rs.
    Allotment# NO shares alloted

    I request you please do needful as soon as possible.

  23. |

    am Pavan Yadav. I applied for BGR Energy IPO but havn’t recieved the refund till date.
    I asked for this with the registrar intime spectrum, but not getting proper response after a no. of discussions also. Every time they says that,they send the cheque on 28th Dec,2007 & also gave me 5the speed post reference, but that reference doesn’t exist.
    Sometimes they says that your address is wrong, but i m getting share realted documents on my that addrress only, only this is creating problem.
    Please look into this matter.

    Here are the details of my application:

    BGR Energy limited
    Application No.:: 91111587
    DP ID:: IN300513
    Client ID:: 14341537
    Amount:: 56*480 = 26880/-
    Allotment:: NILL

    THIS IS THE MAIL WHT I SEND TO SEBI SEVERAL TIMES, BUT NOT GETTING ANY REPLY

  24. |

    Hi Gentlemen,

    Hear this out and be shocked as how Karvy takes public money for a ride.

    1) I apply for the Power Grid IPO and make the payment of Rs 26,000 (twenty six thousand rupees).

    2) 1st Nov 2007 : After several several followups (by email, telephone calls, registered letters) I receive the refund cheque with the account holder name wrongly spelt. I could not realise my money.

    3) 2nd Nov 2007 : On their advice I send the cheque back to their Hyderabad office. Again several reminders from my end happens.

    4) 24th Dec 2007 : I receive the cheque with name corrected; But the validity date as 25-12-2007. And my banker refuses to accept this when I deposited on 24th Dec stating that the validity is over.

    5) 1st Jan 2008 : Again I send Karvy Hyderabad the validity-over cheque. Again several reminders from my end happens.

    6) 23rd Jan 2008 : I have received a refund cheque with adequate validity time. BUT WITH WRONGLY SPELT ACCOUNT HOLDER NAME

    7) Now comes the final shot from Karvy – I am furious. Agonised and call them several times over phone during the last 3 days.

    8) Karvy now tells me that I need to send cheque again.

    I have now given up my case since I feel cheated; harrassed and insulted by the Karvy employees who answers me so casually.

    Never before in life I felt so harassed and insulted.

    I am really baffled how can they get away from something like this.

    Venkatesan (98840 18428)

  25. |

    SIR ,
    I APPLIED FOR RELIANCE POWER IPO WITH FULL PAYMENT OPTION II (Rs 96750/-) 16 SHARES ALLOTED TO ME BUT AFTER CUTTING Rs 6880/- THEY GAVE ONLY Rs 18995/- IN MY A/C I HAD’NT DONE ANY MISTAKE IN APPLICATION OR IN CHEQUE M STILL WAITING FOR MY BALANCE AMOUNT

  26. |

    Hi,

    I applied for FCH and Reliance Power IPOs threw Reliance Money Online account,

    But both the registars refund the amount to some others Bank account threw ECS. if calls to Registar they told me that problem is not with our end consult your DP account owners,

    If i calls to Reliance Money Brokers Your DP Account is linked your correct Bank account and problem is not at our end contact registars.

    all of them saying like this only i mailed to all lot of times and called lot of times.

    But no responce and reply what i need to do now?

    That wrong account withdraw my total refund amounts from his account.

    Is there any chance to get my amount back?

    Please help me in this regard.

    waiting for your reply..

    Thanks,
    Kishore,
    +91 9848861755.

  27. |

    Subject: Not got Refund Money of Reliance Power IPO.

    Respected Sir \ Madam,

    I have applied the Reliance Power IPO at Rs 18975. I have got only 15 shares and the remaining amount is 12525 Rs. The Reaming amount has not been deposited in my account and I haven’t received any courier also.

    Please do the needful on this.

    Thanks and Regards,
    Sumeet
    Mobile No – 919326984622

  28. |

    dear sir
    I AM WAITING FOR MY ALLOTTMENT OF SHARES OR REFUND OF MY MONEY FOR IPO OF RELIANCE POWER. TILL DATE I GET NO RESPONSE.
    IF SHARES ARE NOT ALLOTTED TO ME RETURN MY MONEY WITH INTT.
    MY APPLICATION FORM NO.52177722 DTD 15/01/08 MY AC NO. 1202990004172685
    APPLIED FOR 210 SHARES
    AMT. RS.94500/- cheque NO.085295 PAYABLE IN FAVOUR OF RELIANCE POWER IPO-”R”
    CHEQUE DTD 15/01/08
    PL. REPLY ME ON MY ADDRESS AS PER MY AC.OR PHONE ME AT 9839010944.

  29. |

    dear sir
    I AM WAITING FOR MY ALLOTTMENT OF SHARES OR REFUND OF MY MONEY FOR IPO OF RELIANCE POWER. TILL DATE I GET NO RESPONSE.
    IF SHARES ARE NOT ALLOTTED TO ME RETURN MY MONEY WITH INTT.
    MY APPLICATION FORM NO.52177723 DTD 15/01/08 MY AC NO. 1202060000085410
    APPLIED FOR 210 SHARES
    AMT. RS.94500/- cheque NO.095165 PAYABLE IN FAVOUR OF RELIANCE POWER IPO-”R”
    CHEQUE DTD 15/01/08
    PL. REPLY ME ON MY ADDRESS AS PER MY AC.OR PHONE ME AT 09335233330.

  30. |

    Sir, I had applied in the ipo of Mundra Port and Special Economic Zone’s IPO for 90 shares and also got the allotment of 15 shares but i have not received the refund order. Details of the application are as under: Name: kuldep singh Application NO.: 22389641DEMAT ACCOUNT NO.1201090002081816 I had mailed to the Registrar Intime Spectrum atleast 8 to 10 times but they are not responding and even when I call to their given nos there is no reply from them. Kindly put up my case at your This is a regular problem from Intime Spectrum because they do not reply to any investor query. I would like to know if I could complain regarding the same against them to sebi or any other authority. Thanks and hope to see a solution to my problem

  31. |

    Dear Sir,
    My name is Indira.G.Chhajer.
    Please treat this as extremely urgent.I have not reciept my refund for the IPO of Reliance Power Limited .I had applied for 225 shares of Reliance Power Limited.Payment method- 2 at cut-off price But till date I haven’t got back my refund.

    Also, my MICR Code is updated in my demat account & i have checked that i have filled all details correct in my application form.
    Tell me the status of my refund.
    My account has been debited but not recived any shares or refund.
    Details specified below.
    Mirc No: 60002008
    I.O.B (Sowcarpet Branch)
    Chennai- 600 079
    S/B A/c No: 16162
    Application No. 7 1796598
    Dt. 15.Jan.2008
    Cq No. 898502 Dt.15.Jan.2008
    Amount: 25875/-
    Thanks & Regards

    Indira.G.Chhajer
    044-25381101
    044-25383101

  32. |

    February 21, 2008

    Respected Sir,

    Sub : The Refund Of Mundraport Ipo Yet Not Recieved

    I applied for Mundra port and SEZ Ltd IPO through dd of bank of baroda 03.11.2007. of amount 19800.

    My appliaction number is 45477131
    My demat account number is 1204470000600020

    It has been over 3 months now and i am still waiting for my refund to come as i was not allocated any shares.

    They simply dont care about the complaints from customers and not even bothered to put a simple reply to it.

    I hope your forum will help me in getting my refund back.

    Regards,
    Rvaindra Jentilal Vaghela
    “Hargange”
    Sharda Society,
    Veraval – 362 265.
    E-mail : ravinda_vaghela12@yahoo.com
    Con. NO. +91 99792 60180

  33. |

    i am applied 225 share for reliance power our applicatipn no 2 1241852 payment made vide cheque no 389863 dt 18.1.2008 rupees 25875 but til date 22.1.2008 not received any share allotment and balance amount crediated in our bank account. kindly reply and oblige to us. we are contact to karvy computershare pvt ltd jaipur branch .

  34. |

    i am applied 225 share for reliance power. our application no 2 1241973 payment made vide cheque no 190926 dt. 18.1.2008for rupees 25875.00 but till date not received any share allotment and refund order. kindly reply and oblige to us.

  35. |

    SIR ,
    I APPLIED FOR RELIANCE POWER IPO WITH FULL PAYMENT OPTION II (Rs 64500/-) ANY SHARES ALLOTED TO ME. BUT MY REFUND NOT REEIVED TILL TODAY i.e. 23.02.08

  36. |

    i have applied for Reliance POwer IPO I have allotted 16 shares but even today on 22th february i have not got back the balance amount refund .my application number is 57920201and my DP Client ID is 1202990005245518.also the customer care number 18003454001 is never found free as if it is a recorded message.i tried to contact customer care officer more than 15 times with no result.also i send 20 emails and i got one reply said this connection that they had send my refund on 2nd feb. but there are some mistake in address so the post is undilivered and returned but i provide correct address to karvy. then they said that redispatched on 18th feb. but still today i not found it .this is very annoying.i tried other teleohne numbers also but they too always say”busy”.there is no way to contact theses KARVY people really surprising.i am also needing the money urgently.freind plz help me i am in very trouble and i need money very urgent
    my contact No. 9982257303 , 0141-2572399
    My Add.
    A-6 Govardhanpuri A-Block
    Galta Gate Jaipur 302003

    this is my first application and its very bad exprience

  37. |

    Dear Sir,
    KARVY COMPUTER SHARE PRIVATE Ltd.HYDERABADPLOT NO 17-24,VITTAL RAO NAGAR,MADHAPUR,HYDERABAD500081 is not making payment of refund to me.I had applied for 225 shares of RELIANCE POWER Ltd.Other details are as under:-
    FULLNAME-jagdish chandra joshi.Application no 3 2385645.AMOUNT PAID VIDE UNION BANK OF INDIA WADEJ,AHMEDABAD cheque no812131 dated 15 January2008.DPID;IN300159ClientID10423575.NO OF SHARES APPLIED FOR 225,RECEIVED NIL.MY REQUEST IS THAT SINCE I WAS NOT ALLOTTED ON THE FIRST DAY OF LISTING SO I DO NOT WANT IT ANY MORE.UPON THIS,THEY ARE TRYING TO FORCE AN ISSUE ON ME BY ADOPTING THE TACTICS OF HARASSMENT.PLEAS HELP ME.
    regards,
    JC JOSHI

  38. |

    Respected Sir

    I have applied for Future Capital IPO for 72 Share and My Application No is-14334336 and the DD no is 423996. The DD was made by SBI Bank anbheri Devri (07375) Beawar Rajasthan and payable at Jodhpur. I confimed by Bank that DD was incashed. After a long period I could get any refund. I have complained regarding this through Sharekhan and directly to the Intimes spectrum on this mail whl.ipo@intimespectrum.com . but I didn’t get any feedback yet.
    Please do needful. I am very trouble now
    My Address is
    My Broker Name is M/S Sharekhan
    DP ID no -IN 13069765
    Broking Account- 123787
    My Address is
    Sanjay Nosaliya
    Ambuja Cement Limited
    Rabriyawas Tech- Jataran
    Dist. Pali Rajasthan
    Pin- 306709

  39. |

    Dear Sir/ Madam,

    1. I have applied for FUTURE CAPITAL IPO, and RELIANCE POWER IPO through ONLINE SHAREKHAN TRADING ACCOUNT. I have applied for FCH IPO 8 share, Amount 6120/- and RELIANCE POWER IPO 15 share Amount 6450/- . Application details as under:-

    Ser no
    IPO Name
    IPO Application No
    No of Share Apply
    Amt
    Banker deatils
    01 FCH 71105762 08 6120.00 Bank Acc No – 01561000101619
    HDFC bank Nabha
    02 R Power 11819534 15 6450.00

    But yet no Refund is given to me. I have submitted Money through online so my money should be credited direct to my HDFC bank account No 01561000101619 (ECS system), but not credited yet or no cheque is received. So please do needful on this, I am concerned about my money.
    Awaiting for your needfull reply,

    2. I have try your landline Phone no. but no one receives this. I also contact through massage intime.com, but no response .

    3. Please give any firm contact no. so i can talk with him. i am trying since above IPO get listed.Please transfer my money through ECS clearing system to my hdfc bank acc No-01561000101619. if not please inform me before sending a cheque. Please give reply to my e-mail. So i will be sure that i will receive my money within 10 to 15 days.
    with regards ,
    badri prasad deshmukh
    At post –khapakhateda
    Sub Post- Amla Dist- Betul
    State- MP Pin code- 460551
    Broker : Sharekhan ltd.

  40. |

    DEAR SIR,

    I AM WAITNG FOR MY ALLATMENT OF SHARES OF REFUND OF MY MONEY FOR IPO OF RELIANCE POWER LTD. TILL DATE I GET NO RESPOSE.
    IF SHERSE ARE NOT ALLOTED TO ME RETURN MY MONEY WITH INTEREST. MY BID CUM APPLICATION FORM NO.8 2544091 DT.16/01/08 APPLIED FOR 225 SHERSE.
    AMOUNT RS.25875/- STATE BANK OF SURASHTRA D.D.NO. 44445 DT 16/01/08 FAVOUR OF RELIANCE POWER IPO-”R”
    PLEASE REPLY ME ON MY ADDRESS AS PER MY APPLICATION OR MOBILE ME AT 9428540705.
    PLEASE HELP ME IN THIS REGARD. THANK YOU.

  41. |

    I J N Marolia online client of shaekhan had applied for FCH ipo on 15-1-08 but till now i have not rcd the shares nor refund
    the details are as under
    Client Jamshed Nariman Marolia Id No 455512
    Companys name Future Capital and Holding
    Ord Id 809271 Dtd 15/01/08
    Qty 24 Max Price 765 Status Exxecuted
    App No 71841438
    Exchange ref No 200801160216183

    J N Marolia
    Mob 9890150262

  42. |

    dear sir,

    Mr. MAZHAR SAFI BHAI MANSURI
    1192 – MOCHI GALI, JANSAHAB GALI
    LAL DARWAJA,
    AHMEDABAD – 380001
    MOB. NO. 91+9376653930

    FUTURE CAPITAL HOLDINGS LTD.
    MUMBAI

    SUB. : SPELLING MISTAKE IN MY REFUND ORDER

    I HAD APLY IN FUTURE CAPITAL HOLDINGS LTD. IPO, AND AFTER THAT I HAVE RECEIVE REFUND ORDER FROM YOUR SIDE BUT THERE IS SPELLING MISTAKE IN MY REFUND ORDER, RECEIVE REFUND ORDER NAME : MAZARA SAEBHAI ANSORI SO KINDLY REFUND ORDER SEND MY PROPER NAME :
    Mr. MAZHAR SAFIBHAI MANSURI

    MY IPO APPLICATION NO. 21866247 REFUND AMOUNT – 36720-00. REF. NO. 225601610121031, REFUND ORDER NO. 1193072.

    MY ACCOUNT NO. 03791000024120, BANK NAME : HDFC BANK, KALAWAD ROAD RAJKOT. SO KINDLY REFUND THE SAID AMOUNT THROUGHT ECS TO MY A/C.

    THANKS

    Mr. MAZHAR S. MANSURI

  43. |

    I have not received the refund for Empee Distillaries Ltd. IPO. I had send email regarding this and two three reminders also to “cameo@cameoindia.com”. Can I take up the matter with SEBI directly or is it necessary to send letters to registrars first. Expecting your advice and thanking you.

    Tony

  44. |

    respected sir
    i am apply for relaince power IPO and my application no. is 52686297 and till date company don’t send my refund amount.customer care says that plz mail and fax your CML and i fax them mail them and also send withcourier but after all that they don’t send my refund.if anywhere i comlaint my problem then tell me otherwise i will file my problem in court.

    krishan kumar

  45. |

    dear sir
    I AM WAITING FOR REFUND OF MY MONEY FOR IPO OF RELIANCE POWER. TILL DATE,I GET NO RESPONSE.
    IF SHARES ARE NOT ALLOTTED TO ME RETURN MY MONEY WITH INTT.
    MY APPLICATION FORM NO.81371889 DTD 16/01/08 MY AC NO. 67,INDIAN OVERSEAS BANK
    APPLIED FOR 60 SHARES
    AMT. RS.25800/- cheque NO.268959 PAYABLE IN FAVOUR OF RELIANCE POWER IPO
    CHEQUE DTD 16/01/08.I AM CONTACTING KARVY,HO SINCE 8/2/2008 BUT THEY HAVE GIVEN NO POSITIVE OUTCOME.
    PL. REPLY ME ON MY EMAIL AS ABOVE OR PHONE ME AT 09872728094.

  46. |

    RPL 15 Shares allotted BUT NOT Credited in DEMATE Account

  47. |

    Hi,
    i still did not got the refund of avon weighting, i called them but they told that there was mistake in dpid, so they had courir=er the warrant of that, in this case i not understand “what is warrant?” and still i had not recd. it, plz contact me on my mail id, thanx…



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