Alpic Finance Limited
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Alpic Finance Limited Complaints & Reviews

I purchased a bond of 20k from alpic finance Ltd. None any interest are paid from alpic and their branch offices are closed, HO is not responding. My money is stucked and didn't get as promised. Details of bond are following
Folio no - A1/p000070
Certificate no[protected]
App no[protected]
No of bond - 20
Payment - 20000
Alloted date - 03/02/1999

Kindly help. To resolve this matter...
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Dear sir
I was alloted 20 (Twenty) secured redeemable non-convertable bonds of rs 1000/-each fully paid up9in the nature of debentures) by alpic finance limited, regd office :6th floor, new excelsior bldg, wallace street, fort mumbai 400 001 on[protected]
The details are —
Regd folio no — a1/p000195, a1/p000196
Certificate no (S) — 00003376, 3377 & 3378
No of bonds — 20 (Ten five & five per certificate)br...
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V
vasans
from Bengaluru, Karnataka
Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.
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Resolved
The complaint is marked as resolved when a company has responded to the complainant, addressed his or her dissatisfaction, and came to an agreement where both parties agreed that the complaint is indeed resolved. However, a complaint can be automatically marked as resolved if a complainant isn't responding or updating a complaint for 30 days after the company has tried to reach the complainant.

Secured debentures repayment not received

Address:Bangalore, Karnataka

I, Ashok Srinivasan, had invested in the Secured Debentures of Alpic Finance Ltd in 1998 and were due for repayment in 2001. Till date I have neither received the repayment nor any communication. I fail to understand the meaning of SECURED DEBENTURES and also further why Bank of Baroda, Reserve Bank of India, the Insurance Companies & Ministry of Finance do not assist the hard earned investors in getting back their investments. Pls help....
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