[Resolved]  Reliance Power Ipo — Karvy broker delaying refunds

Dear sir,
I applied for 225 share of Reliance Power IPO through ICICI direct.com on line and Rs 96750=00 was debited from my account through DD. vide Application no.63290582 on 16/01/08. I have not been alloted any share but at the same time I hvae not received my amount/Refund back which should have been returned to my address through cheque.I have sent several Email to the company but I have not received any suitable explaination. It has been stated to me that to get a duplicate Refund Order I have to fill up a Indemnity Form which has been to me but I have not received that Indemnity Form either. I think Karvy computershare, which is the registrar to this issue, is misleadig me. I request you interfere in this matter help me get my refund with due interest for the period delayed.
The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Power Grid Corporation of India IPO
Karvy House, 46, Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
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Aug 14, 2020
Complaint marked as Resolved 
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Dear sir,
I applied for 225 share of Reliance Power IPO through Reliance Money and Rs 25875=00 was debited from my account through Clearing vide Application no.56421245. I have not been alloted any share but at the same time I have not received my amount/Refund back. I have sent Email to the company but I have not received any answer from the campany. I think Karvy computershare, which is the registrar to this issue, is misleadig me. I request you interfere in this matter help me get my refund with due interest for the period delayed.
The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Power Grid Corporation of India IPO
Karvy House, 46,Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
Hi,
I have applied for Reliance Power IPO and my application no is 11012732.

I am still waiting for my refund. I have sent multiple mails to Karvy but I haven't really heard back from them or no refund has been credited to my bank account.I would request you to help me in this regards. My Details are as Follovvs;-
App No:[protected]
Dravvn on :- 18/01/2008
Applied for :- 105 shares( Fully Paid )
DP ID :- IN 301557 (Karvy)
Client ID :[protected]
Hi,
Even I have not yet received refund of the amount I applied for Reliance Power IPO. I had applied via Religare share trading account.I would request you to help me in this regards.
Thanks
Amit
Dear sir,
I applied for 225 shares of Reliance Power IPO through HDFC Online Trading and Rs 25875=00 was debited from my account through ECS. IPO Application no.11560144 Brokerage Ref no.43312100 on 17/01/08. I got alloted 17 units. I have not received my amount/Refund back which should have been credited to my account through ECS. I have sent several Email to the company but I did not received any reply. I request you interfere in this matter help me get my refund with due interest for the period delayed.

The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Power Grid Corporation of India IPO
Karvy House, 46,Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
MailId: [protected]@karvy.com, [protected]@karvy.com
Dear sir,



with obove subject I applied for 225 share of Reliance Power Ltd. IPO through Reliance Capital Mkt.and Rs 25875=00 was debited from my State bank of indore univercity campus Br. account (No.[protected]) vide Application no.6235956 on 15/01/08. alloted 16 share in my D-mate A/c[protected] but at the same time I have not received my amount/Refund back I have sent several Email to the company but I have not received any suitable explaination. I think Karvy computershare, which is the registrar to this issue, I request you interfere in this matter help me get my refund
The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Reliance power Limited
Karvy House, 46,Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
Dear Sir/Madam,

Application No:-3959433

With above subject I applied for 225 share of Reliance Power Ltd.IPO through reliance capital mkt.and 25875/- was debited from my Jankalyan sahakari bank A/c No. CCHYP-07 & cheque No.130254 Dt.15/01/08.Neither we received refund cheque Nor received share.
Dear sir,
I applied for 225 shares of Reliance Power IPO through IDBI Paisa builder Online Trading and Rs 25875=00 was debited from my account through ECS. IPO Application no.82003505. I got alloted 17 units. I have not received my amount/Refund back which should have been credited to my account through ECS. I have sent Email to the company but I did not received any reply. Their on line system says cheque dispatched on 2 nd February , but till date not recieved , why cant they credit my amount through ECS , like they debited it.

I request you interfere in this matter help me get my refund with due interest for the period delayed.

The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Power Grid Corporation of India IPO
Karvy House, 46,Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
MailId: [protected]@karvy.com, [protected]@karvy.com
We have been allotted 17 shares of RELIANCE POWER LIMITED a refund order of Rs 18565/- on A/C No 1125761 (ABN AMRO).Our account with ABN AMRO Bank has been closed. Our A/C No is [protected] with the AXIS BANK in the name of Sangeeta Saxena. Please amend the refund order and return at the earliest.We enclose the original refund order for the rectification.WE ALREADY SENT THESE LETTER TO YOU.BUT DID NOT GET ANY RESPONSE FROM UR SIDE.



Application No : 57241584
Client ID: 12887239
DP: Sharekhan Limited
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]
Hi Friends,

You can check the status of your refund online on karvy wesite.

http://www.karvy.com/ipoStatus/

I hope this helps.
Power Grid Corporation IPO Refun Order not Received
Dear sir,
I applied for 300 share of Power grid Corporation IPO through ICICI direct.com on line and Rs 18900=00 was debited from my account through ECS. vide Application no.71612322 Transaction ID no.5103123 . I have not been alloted any share but at the same time I hvae not received my amount/Refund back which should have been credited to my account through ECS.I have sent several Email to the company but I have not received any suitable explaination. It has been stated to me that to get a duplicate Refund Order I have to fill up a Indemnity Form which has been to me but I have not received that Indemnity Form either. I think Karvy computershare, which is the registrar to this issue, is misleadig me. I request you interfere in this matter help me get my refund with due interest for the period delayed.
The full address of Registrar is as follows,
Karvy computershare Pvt. Ltd
Power Grid Corporation of India IPO
Karvy House, 46, Avenue-4
Street No.1
Banjara Hills, Hyderabad-5000034
E-mail[protected]einward.[protected]@karvy.com
Read comments

Reliance Power IPO — Shares not able to trade

I had been alloted 15 shares of Reliance Power vide my application no. is 11259438. I had opted for part payment and the balance amount of Rs. 1250 has been paid through Registrars to the issue - M/s Karvy, Hyderabad. Even though, my duties have been fulfilled, I am unable to allocate the shares for trading. These are not activated...and neither I got any communication from Karvy. Please help me out... I see the shares in my demat account but unable to trade, despite paying the balance amount.
I applied for R POWER IPO through Demand Draft ( No. ) No shares are alloted to me but till date I have not received the refund. The company asks to contact the banker as the chq is not realized but hows it possible? I have already given DD, then there is no question of clearance.

I made numerous request but without resolution.
I applied for R POWER IPO (application no.[protected] through Demand Draft ( No. 991506). No shares are alloted to me but till date I have not received the refund. The company asks to contact the banker as the chq is not realized but hows it possible? I have already given DD, then there is no question of clearance.

Application Number : 74808588
Name of Applicant : Azim Shabbir Kapadia.
Shares applied for : 225
Demand Draft No : 991506
DD date : 16.01.08.
Drawn on HDFC Bank, Vadodara.
Non receipt of any respose regarding my complaint
Non receipt of any response of my complaint
Dear Sir,
I had applied for 1400 shares of Power Grid Corporation vide aplication No.[protected]Reference no. 1234396) agisnt which 296 shares were alotted to me. Please refer Refund order No. 1064623 for Rs. 91, 692/-.

As per online system, it is being displayed that the amount has been credit in my account on 26/11/2010 through NEFT.

I have checked up with my Bank where they are yet to recieve the amount.

IFSC Code of my PNB Bank is PUNB0107400.

May like to look into it so that the maount is credited in my account at the earliest.


(SANGEETA GUPTA)

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