[Resolved] Reliance Power Ipo — Non receipt of refund order for Reliance Power IPO | |
Dear sir/Madam, I applied for 225 share of Reliance Power IPO through India Bulls and Rs 25875=00 was debited from my ICICI Bank account through Clearing vide Application no. 16627932. I have been allotted 17 shares.i am not yet receive my refund amount 18,565.00. already I have sent 3-4 mails but I did not get any reply from karvy. whenever i called them no body is pick the phone. plz help me resolve this matter. Thanks Satya Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 13 Comments | |
Comments
i had applied for 150 shares and my application no is 4670394.paid by cheque no 101656 dated[protected], canara bank - sabarmati branch.
dp id no 12033200, client id no[protected] angle brocking ltd. ahmedabad.
i have not received any shares as well as refund.
please advise.
rgds
Hasu m prajapati.
dp id no 12033200, client id no[protected] angle brocking ltd. ahmedabad.
i have not received any shares as well as refund.
please advise.
rgds
Hasu m prajapati.
Reliance Money Ltd. — Sub: - Non receipt of refund order for Reliance Power IPO
IPO Allotment StatusCompany Name Reliance Power Limited
Application No. 86386410
Reference No. 2168051
Dpid 13141400
Clientid 03331117
Shares Applied 225
Shares Alloted 17
Refund Amount 18,565.00
Name LAGAN SHARHE
Address 24 100
NIT
FARIDA ROAD
121001
Disp Date 02/02/2008
War Date 01/02/2008
Date 19.2.08
To
The Manager
Reliance Money Ltd.
Sub: - Non receipt of refund order for Reliance Power IPO
Dear Sir,
My name is Gagan Sharma. My Reliance Power Application no. 86386410. I have checked my account on reliance site the in my DP there is no shares allotted to me is showing, but in the karvy site is showing that 17 shares allotted to me.
In reliance application form my name, Address, DP ID., is not correct. Please correct my DP ID. Till date I have not received my refund.
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my ICICI BANK A/c. nor did I receive the refund order. My ApplicationNo.86386410.
I tried to visit the Reliance Money Office. It is really shocking to know that a company which even didn’t have responding to the customer. I tried to contact them thru their office.I have submitted my documents of Wrong DP ID., Wrong Address, Wrong Name has been put up in the reliance Money Ltd. I tried to contact the Issue Managers & Gurpreet Kaur & Executive Mr. Lalit in Faridabad no one is responding and it is a waste of time navigating thru their links. I am waiting for their reply
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately with out any delay. Thank you.
Regards,
Gagan Sharma
M [protected]
IPO Allotment Status
Company Name Reliance Power Limited
Application No. 86386410
Reference No. 2168051
Dpid 13141400
Clientid 03331117
Shares Applied 225
Shares Alloted 17
Refund Amount 18,565.00
Name LAGAN SHARHE
Address 24 100
NIT
FARIDA ROAD
121001
Disp Date 02/02/2008
War Date 01/02/2008
Date 19.2.08
To
The Manager
Reliance Money Ltd.
Sub: - Non receipt of refund order for Reliance Power IPO
Dear Sir,
My name is Gagan Sharma. My Reliance Power Application no. 86386410. I have checked my account on reliance site the in my DP there is no shares allotted to me is showing, but in the karvy site is showing that 17 shares allotted to me.
In reliance application form my name, Address, DP ID., is not correct. Please correct my DP ID. Till date I have not received my refund.
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my ICICI BANK A/c. nor did I receive the refund order. My ApplicationNo.86386410.
I tried to visit the Reliance Money Office. It is really shocking to know that a company which even didn’t have responding to the customer. I tried to contact them thru their office.I have submitted my documents of Wrong DP ID., Wrong Address, Wrong Name has been put up in the reliance Money Ltd. I tried to contact the Issue Managers & Gurpreet Kaur & Executive Mr. Lalit in Faridabad no one is responding and it is a waste of time navigating thru their links. I am waiting for their reply
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately with out any delay. Thank you.
Regards,
Gagan Sharma
M [protected]
Company Name Reliance Power Limited
Application No. 86386410
Reference No. 2168051
Dpid 13141400
Clientid 03331117
Shares Applied 225
Shares Alloted 17
Refund Amount 18,565.00
Name LAGAN SHARHE
Address 24 100
NIT
FARIDA ROAD
121001
Disp Date 02/02/2008
War Date 01/02/2008
Date 19.2.08
To
The Manager
Reliance Money Ltd.
Sub: - Non receipt of refund order for Reliance Power IPO
Dear Sir,
My name is Gagan Sharma. My Reliance Power Application no. 86386410. I have checked my account on reliance site the in my DP there is no shares allotted to me is showing, but in the karvy site is showing that 17 shares allotted to me.
In reliance application form my name, Address, DP ID., is not correct. Please correct my DP ID. Till date I have not received my refund.
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my ICICI BANK A/c. nor did I receive the refund order. My ApplicationNo.86386410.
I tried to visit the Reliance Money Office. It is really shocking to know that a company which even didn’t have responding to the customer. I tried to contact them thru their office.I have submitted my documents of Wrong DP ID., Wrong Address, Wrong Name has been put up in the reliance Money Ltd. I tried to contact the Issue Managers & Gurpreet Kaur & Executive Mr. Lalit in Faridabad no one is responding and it is a waste of time navigating thru their links. I am waiting for their reply
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately with out any delay. Thank you.
Regards,
Gagan Sharma
M [protected]
I have 't been alloted the share of Reliance Power vide App no.85158433 but still I have't received my refund Rs 24150. What to do
i am also facing similar problem. Not received the refund till date. Its now over a month. i expect a refund with interest @6% .
Ankur
Ankur
money not refunded till date
I had applied for the IPO. However i have not been able to see the status of alllotment nor have i received any information from KARVY. Despite my repeated mails there has been no response from them. the telephone nos are never picked. Before i take a legal course i would like to address my grievance to the concerned party.I expect a reply or refund within a week else I will have to take legal action against the concerned party.
I expect all the investors who are facing a similar issue should raise their voice and take a legal course if they do not refund the money.
IPO no: 4 7805055
no of shares applied: 225
full payment of rs 96,750
Ankur Sharma
[protected]
I had applied for the IPO. However i have not been able to see the status of alllotment nor have i received any information from KARVY. Despite my repeated mails there has been no response from them. the telephone nos are never picked. Before i take a legal course i would like to address my grievance to the concerned party.I expect a reply or refund within a week else I will have to take legal action against the concerned party.
I expect all the investors who are facing a similar issue should raise their voice and take a legal course if they do not refund the money.
IPO no: 4 7805055
no of shares applied: 225
full payment of rs 96,750
Ankur Sharma
[protected]
all my frainds having almost same problem with reliance power iop
i think we all should came together and complanit agenst promoters of reliance power in consumer cort for delaied payment by Anil ambani
shelar
[protected]
i think we all should came together and complanit agenst promoters of reliance power in consumer cort for delaied payment by Anil ambani
shelar
[protected]
Sub: - Non receipt of refund order for Reliance Power IPO applicatio no.35349927
Dear Sir,
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my AXIS BANK A/c. nor did I receive the refund order. My ApplicationNo.35349927
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately with out any delay.
Thank you.
Ketu P. Shah
M. [protected]
Dear Sir,
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my AXIS BANK A/c. nor did I receive the refund order. My ApplicationNo.35349927
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately with out any delay.
Thank you.
Ketu P. Shah
M. [protected]
Date 17.3.08
To
The Manager
Reliance Money Ltd.
Dear Sir,
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my AXIS BANK A/c. nor did I receive the refund order. My ApplicationNo.35349927
IPO Allotment Status
Company Name Reliance Power Limited
Application No. 35349927
Dpid 300652
Clientid 10171196
Shares Applied 225
Shares Alloted 17
Non Refund Amount 18,565.00
Name : Ketu P. Shah
Address 2487/Pakhai's Pole,
Pravin chowk, Kuwavalo khancho,
Raipur, Ahmedabad 380001.
Thanking you,
Ketu P. Shah.
M +91-[protected]
To
The Manager
Reliance Money Ltd.
Dear Sir,
I have applied for 225 shares of Reliance Power and paid Rs. 25875/- as application money thru reliance money ltd. I was allotted 17 shares and so far the refund money was neither credited to my AXIS BANK A/c. nor did I receive the refund order. My ApplicationNo.35349927
IPO Allotment Status
Company Name Reliance Power Limited
Application No. 35349927
Dpid 300652
Clientid 10171196
Shares Applied 225
Shares Alloted 17
Non Refund Amount 18,565.00
Name : Ketu P. Shah
Address 2487/Pakhai's Pole,
Pravin chowk, Kuwavalo khancho,
Raipur, Ahmedabad 380001.
Thanking you,
Ketu P. Shah.
M +91-[protected]
Despite repeated reminders to Karvy relating to non-receipt of shares nor refund against Application No.4 4888032 dated 16.1.2008 through J.M. Finance Services, Pune, I have neither received the total amount of Rs.20, 700/- nor any shares allotted in my favour.
Please suggest the next course of action from my end to get refund of my legitimate dues from the Company.
Please suggest the next course of action from my end to get refund of my legitimate dues from the Company.
i have same problem reliance take money give 16 share + bonus now
but hell no money refund i applied for 225 full for reliance power.
is there any way to get money faster??
i have talked to my broker he saying that reliance not replying any one for money.
why this type of company still listed in Indian stock exchange?
i think we should do some legal action against reliance power chairman to take our money back..
but hell no money refund i applied for 225 full for reliance power.
is there any way to get money faster??
i have talked to my broker he saying that reliance not replying any one for money.
why this type of company still listed in Indian stock exchange?
i think we should do some legal action against reliance power chairman to take our money back..
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I tried to visit the Reliance Power website. The site is still under construction. It is really shocking to know that a company which even didnot have website of its own collected Rs. 110,000 crores plus from the PUBLIC. I tried to contact them thru their group website www.relianceadagroup.com link [protected]@relianceada.com. The email could not get delivered and returned immediately. I tried to contact the Issue Managers from their website www.karvy.com. Going thru this website you will immediately realize that the website is not maintained professionally and it is a waste of time navigating thru their links. Finally I decided to give direct email to [protected]@karvy.com. I am waiting for their reply.
Is it fair on their part not to return my money in time? This kind of delays will dampen the spirits of the investors and make them think twice or not apply at all for IPO's. Personally I am disappointed and probably I may not apply for any more IPOs.
I request the concerned to please look into the subject and see that my money is refunded immediately without any delay. Thank you.
Regards,
KT Srinivas