[Resolved] HDFC Bank Securities — IPO | |
Hello Everyone I participated for Future Capital Holding and Reliance Power IPO, On allotment I was issued 8 shared of Future Capital and none for Reliance Power where as I have invested around 1.3 lakhs collectively. I have still not got the refund i.e. balance of 8 shares yet and dont know whom to contact. When I call up at HDFC Sec Customer care there is no proper reply, all they are saying is contact both the companies. I have a strange feeling of money being lost. Is anyone facing a problem like this, if yes what is to be done to be bailed out of trouble. Thanks and Regards Jithesh Nair Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 1 Comment | |
Comments
Allotment process will be taken care by the registrar. And now a days ASBA has been launced in the market by which when you apply in any ipo so till the allotment day the application amount be on hold by the bank and if shares will be alloted to you then on that day that much amount will be debited and remaining amount will get released.
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