reliance power - reliance ipo-non receipt of refund nor shares inspite of shares being alloted

Posted on Thursday, March 20th, 2008 at 12:13am CDT by ebd6a854

Product: reliance power ipo

Company: reliance power

Location: hyderabad, an, 500081, IN

Category: Other

Dear sir,

I had not received reliance power ipo shares nor refund inspite of being alloted 16 shares to me. when contact to karvy,not getting reply from them,they told to contact ABN AMRO BANK, and told my application status showing cheque return status,contact abn amro bank,I forwarded them icici bank statement showing amt debited from my account and showed them debit certificate showing cheque of reliance ipo being debited from my account.ABN amro bank says contact karvy, so its responsibility of registrar of company to look in to this issue, details i m giving,

my application no 23575561

> priya wani, alloted shares 16 but neither received shares in demat or received refund amt.

> cheque no :551891

icici bank

> client id: 18718285

> IN301330

> STOCK HOLDING CORORATION OF INDIA LTD.

> PLS CHECK IT AND GET SHARES AND REFUND IN MY ACCOUNT.

> pls do needfull

> THANKS

> UMANG


1 Comment

4a5830a9, 2008-05-10, 07:56AM CDT

1. Today morning I have also posted a complaint in Indiacomplaints.com .To my horror i found there are 586 such complaints posted in that site till now .I found the complaints are of similar nature , that is karvy is saying that the money has been credited to ur a/c thru ECS or the cheque has been sent to ur address in February , u will receive it shortly..I feel there will be similar no of complaints posted in similar sites also . And i m sure atleast 80 percent of ppl wont have even posted their complaints .

2. I suggest u sud also post ur complaint at indiacomplaints.com as well as with SEBI(http://www.sebi.gov.in)

3. There is need to file a case against Karvy . If we unite , they can easly be sorted out ...Jasbir Saluja ([email protected])

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