[Resolved]  Karvy Computer Share, Hyderabad — Power Grid IPO refund not yet received

APPLICATION NO.13277994 DATED[protected]
DP ID: IN302679 ; DP ACCOUNT NO.32617296
Name: A. Karunakaran

Dear Sirs,

I have applied 500 shares Power Grid Corporation IPO through Icici vide above application No. I got only few shares and refund of Rs.19500/- was not credited in my account directly. Despite several requests and submission of indemnity bond, I received a cheque for Rs.19500/- which was out of date, and the bank was returned the 'out of date' cheque.

I returned the cheque in original but the fresh cheque was not issued yet.

Kindly advise/help me.

A. Karunakaran
Kindly refer my letter dated[protected] addressed to you and copy to ICICI, ICICI Bank Ltd., SEBI, and Reserve Bank of India by Speed Post with AD.

The refund order by Citi Bank cheque of Rs.19,500/- which was 'out of date' was returned to you in original.

Kindly refund the IPO amount, either directly to my ICICI Bank account No.[protected] or send a DD payable at "Trichy, TamilNadu".

Your early action is requested in this regard to avoid legal complications.

With thanks,

A. Karunakaran,
HA- Anna Nagar,
TNHB Phase-I,
Trichy-620 026.
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Mar 20, 2017
Complaint marked as Resolved 
Verified Support
Feb 17, 2017
Karvy Customer Care's response
Dear Investor,

This is an old issue which had been addressed. In case you still have an issue that is not been addressed, please send a mail to sudha.[protected] so that we can resolve your issue to your satisfaction.

Team Karvy
Complaint comments 


Dear sir,
with reference to your mail that you have send on 27th feb regarding error in the mailing adress. i had replied you the same mail with correct mailing adress. but i had not rceived my refunding nor reply of your mail and your both the contact no are not responding to any of your customer. it is going to be 10 or 15 days but there is no reply from ur side. so please look into these matter urgently for that i will remain thankful to to you.
Amit modak
Application no-5861306;5885769
Dear Sir,

I am yet to receive the divident cheque issued for Indial Oil Corporation Ltd for the year of 2009-10 which has been issued in the month of Sept'09. I have got 1800 nos of share with ID no. 13157049. My Demat A/C no.: Client ID13157049, Dp ID IN301250 in Stock Holding Corporation of India, Calcutta.

Kindly arrange to send the cheque in the following address in the following account no: :

A/c no.: [protected]-1
SBI, Baholi Branch, Panipat

Ms Sukla Mistry
Chief Project Manager
Panipat Refinery
Naphtha Cracker Project,
Indian Oil Corporation Ltd.
Panipat, Haryana-132140

Karvy - IPO Section — Oil India IPO - Poor response from Karvy

I have been experiencing a worst service from Karvy. I had applied for Oil India IPO (application number:[protected] and i have neither got any refund nor the allotment. It is already more than a month now. The reasons they have given are utter waste and i am planning to lodge a complaint against them with SEBI very soon.

Initially, when asked they said they have already sent a cheque, but we went to Post office to inquire about the same and realized that the article number they quoted (and said they have sent thru registered post) was not at all there in the post office records.

Further escalations revealed that there is a technical problem because of which there is an amount mismatch and they need more time to resolve the same.
My concerns:
- first because of their technical problem, i didnt get the allotment -- so its a loss for me
- second, there is a delay in refund and i am not sure now, whether i will get my money back or not.

I have called up their Hyderabad office today and have told them that if they dont revert to me with the proper information by EOD today, I am going to lodge a complaint with SEBI. But they seem to be very careless and not bothered at all.

SEBI should have proper guidelines and should penalize for bad service they are known for.
Registrar of companies
with respectfully I had lost my original share certificate of Bank of Baroda, I have complete all compulsory paper to Re-issue of my share certificate

Sir Please Suggess me to get my certificate,

FOLIO NO.- BBE214540
CERTIFICATE NO.[protected]
DISTINCTIVE NO.[protected]
Dear Sir,
I have got 500 shares of Indian Oil Corporation, I have not received the dividend for the year 2008-09, I have till date not received dividend cheque.

My details are as under:
ICICI Bank Demat Services A/c No. IN[protected].

My Address:
D R Jaiswar, D -1340, Refinery Township IOCL
Indian Oil Corporation Limited
Panipat Refinery, Panipat
Phone No.[protected]
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