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Karvy Complaints & Reviews

3.7
Updated: Jan 2, 2026
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N
Nilesh76
from Ahmedabad, Gujarat
Jan 17, 2011
Resolved
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Address: Ahmedabad, Gujarat

Dear Sir

I have applied in MOIL IPO & Application# 34480301
No of Share applied# 255 & Amt# 95,625/=
Cheque# 507211 Dt.1/12/10 TTCBank Ltd.Ayojan Nagar, Ahmedabad

I did not received refund for said IPO.

I check with Karvy online Status and it shows incomplete address and refund order was undelived and return to them on Dt.23/12/2010
i update my address online and Fax Documents i.e. PANCard, ClientMaster, Bank Details to said Fax#[protected] on 31/12/2010

I submitted all copy of documents to their Ahmedabad office on 8/1/2011

but still today, when ever i ask them they repeat original story and refund order was undelivered
But no one reply for when will they send my refund.

how can i get my refund order?

My Detail Address#
Kruti Nilesh Shah
4 Ajitnath Flats
21 dharnidhar Soci
Vasna
Ahmedabad 380 007
Ph#[protected]


Kruti Nilesh Shah
[protected]
Aug 13, 2020
Complaint marked as Resolved 

MOIL — Applied for moil ipo and refund not received

I have applied for moil IPO . My application number is 6987334 . My cheque no is 458879 bank account in SBI nagpur

MOIL — REFUND STILL NOT RECD.

We have still not recd.our refund of application money say approx. Rs.192000 from you-Moil .
We called up many time but tel no 23432343 coming always busy and no one is picking up on 44655000.
We demand for our refund amount along with interest @ 2 % for delay in your refund payment.
SO WHO IS USING OUR MONEY . NO REPLIES TO OUR ANY COMMUNICATIONS WITH KARVY SINCE 15 DAYS ... THEY HAVE OUR BANK DETAILS , THEY CAN DO RTGS IF THEY WANTS TO PAY ON TIME ..
Awaiting your feedback immediately with details .

MOIL — Refund not received

I (Chandresh Prajapati) had done application for MOIL public issue of 95625/- Rs.through application no.31924343.

I had got refund(refund order no.- 734887)cheque no.102913 of satate bank of india dated 11/12/10 in favour of Centurian bank A/C no.[protected].

When i got refund order cheque my bank has been changed.

At present i have an account of Vijaya bank having A/C no.-[protected].

I had sent courier through Maruti Courier on 22/12/10 alongwith refund cheque of SBI and cancelled cheque no.313595 of Vijaya bank with A/C no.-[protected].

Let me know what is current status and by when i will receive refund cheque in my new bank account.

If any query pls communicate me on below email id : chandresh.[protected]@clarislifesciences.com,[protected]@yahoo.com
Not satisfactory
did not get any reply...
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    Bhupendra Mehta
    Jan 17, 2011
    Resolved
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    Resolved

    Address: Maharashtra

    Non refund of share application money
    My application no is 14072308
    My bank a/c no. is [protected]
    Client ID is[protected]
    DP ID is[protected]
    I had applied shares in public issue of NHPC Ltd. And sent Rs.50,400/- through Cheque No 302161 dated 11/08/2009.
    I neither have been allotted any shares nor received back the application money, even after One Year of closure of the public issue.
    Despite several telephones over past 1 year they are not refunding the money.
    The interest on refund amount amount @11.5%for 16 months works out to Rs.7800.00. Kindly take up the matter with the company suitably.
    Aug 13, 2020
    Complaint marked as Resolved 

    Karvy computershare Pvt Ltd — non receipt of bonus shares of RIL Folio no 37674923 karvy acknowledgement memo 0211750 dt 29/03/2010

    Karvey computershare pvt ltd not responding to complained in 29/03/2010 letter given at their office with receipt with me. they have shifted their office to some other place not responding on phone RIL folio number 37674923 enclosures ltr and old share certificate thanking you sudhakar
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      G
      GuptaAnkit
      from Gurgaon, Haryana
      Jan 12, 2011
      Resolved
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      Address: New Delhi, Delhi

      Sir/Mam
      I had mailed severals time regarding my refund of moil and i am not getting any positive response from Karvy.Karvy had transfered the payment in wrong a/c so the payment is not credit in my a/c they are not accepting their mistake.Please take proper action so that my payment will credit in my a/c otherwise i will take some legal action against this.
      Withregards
      AnkitGupta
      ([protected])

      On Tue, 11 Jan 2011 19:09:54 +0530 "suresh "[protected]@rediffmail.com wrote
      Sir
      With reference to my mails attached below I hereby wants to tell you that pay attention to my request and transfer the amount in my account within 7 days from now.Otherwise I will approach to the higher authorities as adviced by my legal consultant.So take proper action towards my request and sort out the matter on priority basis.Details of my application are as follows-
      Ankit Gupta r/o 31-A,Kamla Nagar,Delhi-110007
      Application no.11161759
      Dmat a/c no.[protected]
      Cheque no.049472
      Union Bank of India
      Branch-Khari Baoli
      Delhi-110006
      Dated-30/11/10
      Amount-Rs.197625/=(No shares alloted by MOIL Company)

      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 11 Jan 2011 18:35:29 +0530 "suresh "[protected]@rediffmail.com wrote

      Sir
      This is toinform you that i am mailing Karvy Computers Share pvt ltdfrom last 20 daysbut not getting any response.Please solve my problem and transfer my money in my account.
      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 11 Jan 2011 18:03:05 +0530 "suresh "[protected]@rediffmail.com wrote
      Sir
      Please lookafter this case as soon as possible because its so delayed and send my refund of moil at my a/c.

      Regards,
      Ankit Gupta
      +91-[protected]


      On Mon, 10 Jan 2011 09:10:08 +0530 "suresh "[protected]@rediffmail.com wrote
      reminder no 4

      Regards,
      AnkitGupta
      +91-[protected]


      On Fri, 07 Jan 2011 08:47:16 +0530 "suresh "[protected]@rediffmail.com wrote
      REMINDER NO 2
      Why don't you give any response.

      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 04 Jan 2011 09:43:50 +0530 "suresh "[protected]@rediffmail.com wrote
      This is not my a/c no. & please transfer the fund in my a/c and make a cheque and send at my address.

      Regards,
      Ankit Gupta
      +91-[protected]
      ([protected])

      On Tue, 04 Jan 2011 09:20:22 +0530 einward.[protected]@karvy.com wrote
      Ref: t-n/STAT/MOIL/13104/1319922 Dt.: 04/01/2011

      Dear Investor,

      Unit :MOIL LIMITED
      Application No.: 11161759
      Name :ANKIT GUPTA

      We thank you for your e-mail with respect to your application made in the subject IPO.

      We have perused the record and are glad to inform you that the Refund Amount of Rs.197625
      has been remitted through NECS on 14/12/2010 bearing following
      particulars.

      Bank Name :CITIBANK N A - MUMBAI, D N ROAD, FORT, MUMBAI
      Bank A/c No :[protected]
      ECS MICR :[protected]

      We request you to get in touch with your bank and confirm credit.

      Regards,
      Customer Care
      Karvy Computershare Pvt Ltd
      Aug 13, 2020
      Complaint marked as Resolved 
      Karvy Computers Share pvt ltd

      Location: Delhi, New Delhi, Delhi, India

      Posted:[protected] by GuptaAnkit Send email


      refund of MOIL IPO
      Sir/Mam
      I had mailed severals time regarding my refund of moil and i am not getting any positive response from Karvy.Karvy had transfered the payment in wrong a/c so the payment is not credit in my a/c they are not accepting their mistake.Please take proper action so that my payment will credit in my a/c otherwise i will take some legal action against this.
      Withregards
      AnkitGupta
      ([protected])

      On Tue, 11 Jan 2011 19:09:54 +0530 "suresh "[protected]@rediffmail.com wrote
      Sir
      With reference to my mails attached below I hereby wants to tell you that pay attention to my request and transfer the amount in my account within 7 days from now.Otherwise I will approach to the higher authorities as adviced by my legal consultant.So take proper action towards my request and sort out the matter on priority basis.Details of my application are as follows-
      Ankit Gupta r/o 31-A, Kamla Nagar, Delhi-110007
      Application no.11161759
      Dmat a/c no.[protected]
      Cheque no.049472
      Union Bank of India
      Branch-Khari Baoli
      Delhi-110006
      Dated-30/11/10
      Amount-Rs.197625/=(No shares alloted by MOIL Company)

      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 11 Jan 2011 18:35:29 +0530 "suresh "[protected]@rediffmail.com wrote

      Sir
      This is toinform you that i am mailing Karvy Computers Share pvt ltdfrom last 20 daysbut not getting any response.Please solve my problem and transfer my money in my account.
      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 11 Jan 2011 18:03:05 +0530 "suresh "[protected]@rediffmail.com wrote
      Sir
      Please lookafter this case as soon as possible because its so delayed and send my refund of moil at my a/c.

      Regards,
      Ankit Gupta
      +91-[protected]


      On Mon, 10 Jan 2011 09:10:08 +0530 "suresh "[protected]@rediffmail.com wrote
      reminder no 4

      Regards,
      AnkitGupta
      +91-[protected]


      On Fri, 07 Jan 2011 08:47:16 +0530 "suresh "[protected]@rediffmail.com wrote
      REMINDER NO 2
      Why don't you give any response.

      Regards,
      AnkitGupta
      +91-[protected]


      On Tue, 04 Jan 2011 09:43:50 +0530 "suresh "[protected]@rediffmail.com wrote
      This is not my a/c no. & please transfer the fund in my a/c and make a cheque and send at my address.

      Regards,
      Ankit Gupta
      +91-[protected]
      ([protected])

      On Tue, 04 Jan 2011 09:20:22 +0530 einward.[protected]@karvy.com wrote
      Ref: t-n/STAT/MOIL/13104/1319922 Dt.: 04/01/2011

      Dear Investor,

      Unit :MOIL LIMITED
      Application No.: 11161759
      Name :ANKIT GUPTA

      We thank you for your e-mail with respect to your application made in the subject IPO.

      We have perused the record and are glad to inform you that the Refund Amount of Rs.197625
      has been remitted through NECS on 14/12/2010 bearing following
      particulars.

      Bank Name :CITIBANK N A - MUMBAI, D N ROAD, FORT, MUMBAI
      Bank A/c No :[protected]
      ECS MICR :[protected]

      We request you to get in touch with your bank and confirm credit.

      Regards,
      Customer Care

      MAIL/KARVY — NON REFUND OF MOIL

      I HAD APPLIED FOR 255 SHARES OF MOIL LTD ON 1.12.2010
      AMOUNT PAID-RS.95625/-
      CHEQUE NO-786578 DT 1.12.10
      APPLICATION NO[protected]
      PAN NO-AAHPF2201P
      NO OF SHARES APPLIED-255
      NAME -S.FATHIMA
      DP WITH-KARVY
      DP NO[protected]
      FORM SUBMITTED - GEO JIT BNP PARIBAS-ANNANAGAR-CHINTAHMANI-CHENNAI 102.

      NO SHARES WERE ALLOTTED TO ME. REFUND ALSO NOT RECEIVED TILL DATE. PL HELP

      FATHIMA- [protected]
      R/sir
      my applaication no 51733315 & Demat a/c no [protected]. my refund is pending. but not recieved any response from you, This is my a/c no.[protected] The Bank of Rajasthan LTd. Sirsa) & please transfer the refund in my a/c and make a cheque and send at my address given below.
      umesh jindal
      h.no. 324/2, 5 S.C.F.
      Arround Add. Mandi, Sirsa(Haryana) 125055
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        R
        rajnishbanka
        from Amritsar, Punjab
        Jan 12, 2011
        Resolved
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        Resolved

        Address: Surat, Gujarat

        DEAR SIR ,
        WITH REFERENCE I HAVE DONE A APPLICATION IN POWER GRID FPO APPLICATION NO:34969951.BUT STILL TODAY I HAVE NOT RECEIVED REFUND OF RS.74,142/-SINCE 2 MONTHS HAVE BEEN PASSED.
        WHEN EVER WE DO PHONE ON TOLL FREE NO THE PERSON WHO RECEIVE THE PHONE IS REPLYING THAT U WILL RECEIVE THE REFUND IN NEXT WEEK.I DON'T NO WHEN THE NEXT WEEK WILL COME INSPITE OF IHAVE EMAIL THE ALL DOCUMENTS ON THE EMAIL ID:einward.[protected]@karvy .com DAILY FROM 31ST DEC2010 TILL TODAY I HAVE MAILED 30 TO 40 EMAILS I HAVE SEND THE REQUESTING LETTER BY SPEED POST NO:EG[protected]IN DATEDN07/01/2011.ALSO BUT NO ONE IS RESPONDING ON THIS MATTER .
        SO I THINK THE CONSUMER FORUM WILL HELP ME TO GET MY REFUND AS EARLY AS POSSBILE.
        I THINK KARVY IS CHEATING WITH US AND USE YOUR MONEY IN OTHER SECTORS AND MAKE MONEY FROM IT. PLZ HELP ME SIR. I NEED YOUR HELP.
        THANXS & REGARDS
        MEGHA DEVI SHARMA ,
        210 AJANTA PARK CO OP HSG SOCIETY,
        B/H ATOP NAGAR,BHATAR ROAD,
        SURAT-395001.MOBILE NO:[protected]
        Aug 13, 2020
        Complaint marked as Resolved 
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          M
          mahabirsehrawat
          from Hyderabad, Telangana
          Dec 29, 2010
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          Address: Hyderabad, Andhra Pradesh

          Dear Sir,

          Vide Folio A/C No [protected], I hold 480 Master Shares o[censored]TI
          Karvy Computershare Private Limited is Manager

          I have not received devident since the year 2004, I wrote to KARVY MFS and computershare
          I supplied all documents on 29/09/2010 to UTI ASSET MGT COMPANY PVT LTD
          10-2;99/1 Ground Floor Sterling Grand GVK
          Road No 3 West Marredpally
          Secunderabad ,

          I was assured that within 15 working days all needfull would be done.
          To my surprise I again received a letter from Karvy copmutershare pvt ltd
          Vide Ref no KCPL/UTI/11787157 dated 02/12/2010 that devident letter came from my
          house address with a remark that no such person lives here.

          It is strange that I receive all their letters correctly except the devident
          I am staying here since the year 2004

          Karvy computershare private ltd has again asked me all those documents which
          I gave through UTI Office

          This is sear harassment by UTI and Karvy Computershare pvt ltd
          and appears to be having hidden motive to deny devidents to customers somehow

          May I request you to take up my case at appropriate level
          and the culprits be brought to book.

          Thanks

          col mahabir singh sehrawat

          28/29 Bank Colony
          R K Puram
          SECUNDERABAD 500056
          MOB NO [protected]
          reg. redemption of folio no.[protected], name :ramya. please needful arrangement as early as possible
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            P
            pmalani78
            from Surat, Gujarat
            Dec 20, 2010
            Resolved
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            Resolved

            Address: Ahmedabad, Gujarat

            To,
            India Consumer Complaints Forum


            UNIT: POWER GRID CORPORATION OF INDIA LTD


            Dear Sir:

            Sub: Non Receipt of Application Payment

            With reference to above we stat that we have applied for 1105 Shares (encl application form # 4 7603829 in allotment FPO – PGCIL status) and given cheque #791363 dated 11/11/2010 of ICICI bank for Rs. 99,450/-.

            This Amount was debited from my account on 16/11/2010 (encl. Copy of Bank Account Statement). Surprisingly we have received ECS only for Rs. 52,650/- instead of Rs. 99,450/- vide your allotment/refund advice #1368963 on dated 25/11/2010 in Canara bank link account (Encl. Bank Statement of Canara bank).

            When we enquired at your local office we were informed that ‘No’ shares has been allotted to us and only Rs. 52,650/- was credit given to us in bank account and Rs. 46,800/- was not received by them. But as per bank Statement it was fully debited Rs. 99,450/- from my account.

            Please do needfull to.

            Thanking you,

            Yours faithfully,

            Dinesh Malani
            +6 photos
            Aug 13, 2020
            Complaint marked as Resolved 
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              S
              seema soni
              from Satara, Maharashtra
              Dec 15, 2010
              Resolved
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              Resolved

              Address: Maharashtra

              Please note my current postal address and kindly deliver all my documents to the following address. I Am holding
              shares in STERLITE OPTICAL TECHONOLIGIES LIMITED and my ref no is M31481.

              Murlidhar K soni
              302 B,Ivory Towers,
              Juhu Koliwada Road;
              Mumbai-400049

              contact no:26604212,[protected]
              Regards
              M.k soni
              Oct 14, 2017
              Complaint marked as Resolved 
              Verified Support
              Sep 12, 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 an email to kcpl.[protected]@karvy.com so that we can resolve your issue to your satisfaction.

              Regards,
              Team Karvy
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                A
                asdfgasdfg
                from Gurgaon, Haryana
                Dec 12, 2010
                Resolved
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                Resolved

                Address: Jhunjhunu, Rajasthan

                hi, i applied in Powergird FPO for 1105 shares and been alloted just 296 shares so rest of money till now not have been credited to me either through ECS or bank cheque..
                i gathered some information about my investment & refund in karvy registrar as per that cheque has been sent to me but till now (about 20 days passed)not received...i sent a lot of mails to karvy and personally called them but no reply was there...so As per SEBI new rule the refund process should complete within 10 days of listing of shares in market for any FPO/IPP allotment.. so this karvy registrar is viloting SEBI rules and have blocked a crores of rupees(hard earned money) of investors and making money out of that investment....if this company blocks this huge amount for 1 month then imagine how much it will earn out of it as a interest....
                if this company does not have any loyalty, user friendly environment then why it is called the india's largest REGISTRAR and why companies select it as a REGISTRAR for their FPO/IPO listing....as this type of nature& response of this REGISTRAR may spoil the name of other FPO/IPO listing companies and may stop investors to invest in FPO/IPO with heart......this all above regrets are not only with me but most of the investors who invested in powergrid FPO.......

                kindly look into the matter and if any loyal person of this REGISTRAR have any reply kindly submit .....

                thanking u...
                Aug 13, 2020
                Complaint marked as Resolved 

                power grid fpo/karvy consultants — non refund of balance money

                hello, i applied for 600 shares of power grid through recent FPO, i was alloted 175 shares and i am yet to recieve the balance money either thru RTGS or thru cheque. my cheque no is 413419 of ICICI bank and aplication no is 35883556. please help me out.
                thnaks
                Sub-;Regarding refund of balance amount of power grid FPO

                I applied in Powergird FPO for 1105 shares and been alloted just 296 shares so rest of money till now not have been credited to me in my account through ECS or bank cheque.
                My application no-7590958 and my demat account no is [protected](Angel broking ltd). My cheque no is 009001 dated11.11.2010 of Rs 99450/- issued from oriental bank of commerce.
                My bank details are given below
                Bank saving account no-[protected]
                Bank name-OBC
                BRANCH-Ntpc Vidyut nagar
                Distt. gautam budh nagar-201008
                Branch code-0919
                IFCI code-ORBC0100919
                POWER GRID IPO

                APPLICATION FORM NO. 23916020
                SHARES APPLIED : 260
                SHARES ALLOTED : 0
                REFUND AMOUNT : 23400.00

                SUBJECT : REVALIDATION OF CHEQUE NO 279890 DT.[protected] FOR RS. 23400.00

                DEAR SIR/MADAM,

                WE RECEIVED ABOVE SAID CHEQUE AGAINST REFUND OF OUR APPLICATION FORM NO. 23916020 BUT BANK DETAILS MENTION
                ON THE CHEQUE WAS WRONG SO WE SEND ORIGINAL CHEQUE ALONGWITH SUPPORTED DOCUMENTS TO YOUR OFFICE THROUGH TRACKON COURIER ON DT.12.01.2011 (COURIER NO.[protected] AND SAME IS RECEIVED BY YOUR OFFICE ON DT.17.01.2011.

                BUT WE REGREAT TO INFORM THAT WE STILL NOT RECEIVED THE CORRECT CHEQUE SO YOU ARE REQEUSTED TO PLEASE SEND THE CHEQUE IMMEDIATELY.

                PLS. CONFIRM BY RETURN IMMEDIATELY.

                REGARDS,

                ALKA SINGLA
                ADD : HOUSE NO. B/00/153, SECTOR -1
                AMARPALI, ROHINI, NEW DELHI- 110085
                MOBILE NO. 0091-[protected]
                MY EMAIL ID [protected]@hotmail.com[protected][protected][protected][protected]
                From: [protected]@hotmail.com
                To: einward.[protected]@karvy.com
                Subject: POWER GRID IPO (REFUND AMOUNT)
                Date: Mon, 31 Jan 2011 18:59:29 +0530
                Subject: Non Receipt of Refund of Power Grid

                Ref.: Your Ref. No. vas/STAT/PGC2/54816/1414321 dated 18/02/11

                Sir,

                In connection to your above mentioned mail, I mailed you bank Serial number vide my mail dated 16/02/11 but regret to say that neither I received my refund nor any further requirement from your side. Once again I am sending all the details to you and hope that I will receive my refund. Detail is as under:

                Unit :Power Grid Corporation of India Limited-FPO
                Application No.(Actual):35816606
                Application No. (as per bank feeding):36816606
                Bank Serial No.: 112474
                Bank Name: Axis Bank, Hisar Branch

                Please do the needful as early as possible.


                Minakshi Aggarwal
                Sir,

                Non receipt of refund amount
                Unit :Power Grid Corporation of India Limited-FPO
                Application No.(Actual):37821238
                Name : Usha Devi
                REf no 1872264/
                Demat no : [protected] (CDSL)

                I call many time but no response from you office.
                kindly do the needful

                usha devi

                contact no [protected] om parkash
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                  N
                  NimeshMarfatia
                  from Mumbai, Maharashtra
                  Dec 11, 2010
                  Resolved
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                  Resolved

                  Address: Maharashtra

                  Dear Manager,

                  This is to bring to your notice that we had applied for Power Grid FPO for our client Mr. Ankur Jariwala The client was not allotted the shares and has not got the refund of amount Rs. 46,800 back in his account.

                  As per the conversation with Mr. Nisar from Karvy, we did not yet got the refund for the funds in our account as there was some PAN mismatch in my application. We had applied for 520 shares for value Rs. 46800. Details of Application are as follows:

                  Application No: 15989962.
                  Applicant Name: Ankur Jariwala.
                  Cheque Date: 11/11/2010.
                  Cheque Amount: 46,800.

                  I would request you to kindly give the refund to our client ASAP. We have been following this with Karvy since last 15 days, but the response from Karvy has not been professionalism. They do not answer the calls properly neither respond to the email. The client has sent the email to the Karvy (einward.[protected]@karvy.com) on 3rd Dec 2010, but has yet not received proper reply. We will have to approach SEBI incase we are not getting your reply by Monday. It is our sincere request to you to please give the refund to our client Mr. Ankur Jariwala.


                  Regards,
                  Nimesh Marfatia
                  Director - DENIP Consultants Private Limited
                  +[protected]
                  Oct 23, 2017
                  Complaint marked as Resolved 
                  Verified Support
                  Sep 12, 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 an email to kcpl.[protected]@karvy.com so that we can resolve your issue to your satisfaction.

                  Regards,
                  Team Karvy

                  Karvy Computershares Pvt.Ltd. — Non refund after part allotment of shares.

                  Dear Sir,
                  I applied for NHPC issue in the following manner :-
                  Dr. Parmeshri Dass Sharma Application No. 52416300
                  Applied for 2625 shares, allotted 713 shares (vide Client ID 11516741 of DP Religare Seccuities Ltd)
                  Refund awaited :[protected]=68832
                  Dr. Neelam Sharma Application No. 82488819
                  Applied for 2625 shares, allotted 713 shares (vide Client ID 11436929 of DP Religare Seccuities Ltd.)
                  Refund awaited :[protected]=68832
                  Dr. Sankalp Sharma Application No. 82408818
                  Applied for 2625 shares, allotted 713 shares (vide Client ID 10910405 of DP Religare Seccuities Ltd.)
                  Refund awaited :[protected]=68832

                  The issue came in August 2009, and there has been inordinate delay in sending the refund in to our bank accounts as mentioned in the application forms, with RTGS code.

                  My earlier mail dated[protected] has completely been ignored by Karvy Computershares, which is very unfair practice of the company.
                  Dr. P.D.Sharma.

                  Karvy — Non refund of powergrid FPO

                  Stock Market Complaints

                  NON RECEIPT OF REFUND
                  SIR,
                  I HAVE APPLIED FOR 520 QTY OF POWER GRID-FPO . MY APPLICATION NO WAS 24245950 DT.10/11/2010 ,FULL VALUE OF RS46800/ HAS BEEN DEBITED FROM MY ACCOUNT. I HAVE NOT BEEN ALLOTED ANY SHARE.I OPTED MY REFUND THROUGH RTGS . BUT THEY POSTED REFUND CHEQUE ON WRONG ADDRESS.I COMPLAINED THEM FIVE TIMES BEFORE BUT THEIR ANSWER IS SAME.
                  Kindly look into the matter and forward it to the right platform so that i can get my refund which is already delayed.

                  thanks & regards

                  Ashvin Sanodariya
                  From:Palanpur , Gujarat ,India
                  email id:an.[protected]@yahoo.com

                  Karvy computershare Pvt Ltd — non-refund of FPO of Powergrid

                  Unit : POWER GRID CORPORATION OF INDIA LIMITED-FPO
                  Application No. : 23784423
                  Name : SUNITA KESAR

                  More than four months have been passed the Karvy yet to refund my money for one or another reasons. I inquired about non-delivery by DTDC courier which confirm that the consignment mentioned overleaf has been lost. I also personally inquired and they confirm the same.

                  Again and again they wrote me through e-mail please bear with us we will arrange to send a duplicate DD on 1.2.2011. Still i have to receive this DD.

                  yours faithfully
                  SUNITA KESAR
                  [protected]/[protected]

                  karvy computer share ltd. — not get refund of power grid corporation fpo

                  sir iam subcribe an issue of powergrid corporation application no 33819892 sonaiya sagar chandulal from my bank account number [protected] of hdfc bank bhavanagar para branch cheqe number 0018173 the amount of 99450/- but the refund is credited by karvy computer at the account of mr. santosh kumar who is clint of icici bank i requested to karvy many times by email and phones but they are not give answers i give this money on 24/11/2010 i request to consumer court please solve this matter because karvy is doing fraud with me.
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                    Pankaj mittal
                    from Noida, Uttar Pradesh
                    Dec 11, 2010
                    Resolved
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                    Resolved

                    Karvy Computershare Pvt Ltd

                    Dear Sir, Sub Power Grid Corporation Of India Ltd FPO Non Receipt of Refund
                    Ref our application No 2 381928


                    We had applied for1105 shares of Power Grid FPO and had sent you by Cheque No 403613 drawn on Canara Bank Sector 6 Noida UP for Rs 99450/ against the same vide our application number 2 381928.
                    Against the above we have duly received 296 shares in our Demat account number[protected]Elite stock management Ltd). We have however not received the refund for the balance Amount.
                    We are enclosing you with a copy of application and cheque paid from our account, a copy of our pass book and our Client master list of our Demat account for your reference
                    Please arrange to send us our refund immediately

                    Thanking you
                    Yours truly
                    For Pankaj Mittal and Sons HUF


                    Pankaj Mittal
                    Karta
                    Encls a/a

                    Mobile 0 [protected]
                    Aug 13, 2020
                    Complaint marked as Resolved 

                    Karvy Computershare Limited — Non receipt of Refund for Power GRID FPO

                    Dated 5/12/10
                    Karvy Consultant limited

                    Sub:- Non receipt of refund for Power grid IPO for Application No 7559758 and 7559760.
                    Sir,
                    The following applications were quoted in retail category for Power grid IPO.

                    SN Application no Name Quantity bids for Quantity Allotted Cheque No & Date Name of Bank Amount of Refund MICR/IFSC Code Client ID N0// DP-ID N0// DP Name
                    1 7559760 Rajeev Kumar Rastogi 1105 297 115302 dated 10/11/2010 ICICI Bank 74056.50/- [protected]
                    IBKL0000278 12035075// IN300450// IDBI BANK
                    2 7559758 Kamna Rastogi 1105 296 706568 dated 10/11/2010 ICICI Bank 74142/- [protected]
                    IBKL0000278 10839698// IN300450// IDBI BANK
                    But the refund has not yet been received for above applications. While in the application form it is instructed that the refund should directly credited to our account, but the same has not done. Kindly arrange to pay the refund through RTGS/NEFT in Saving Account No [protected](IDBI BanK)along with applicable interest as per SEBI guidelines to avoid further inconvenience.Pl convey the feedback at following links.
                    Thank You
                    Rajeev Kumar Rastogi
                    Kamna Rastogi
                    1093/2 Shastri Nagar,Meerut(U.P)
                    Pin 250003
                    Mobile [protected]
                    [protected]
                    Email- [protected]@gmail.com
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                      J
                      JIJO MATHEW
                      from Chennai, Tamil Nadu
                      Dec 8, 2010
                      Resolved
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                      Resolved

                      Dear Sir,

                      I applied for 1105 shares of Power Grid Corporation FPO through Bonanza, Palarivattom office in offline physical application form Application No. 18721007. ( copy of application form is enclosed ) subsequently on 16th November,2010 an amount of Rs. 99450/- is debited from my account maintaining with South Indian Bank, Palarivattom branch vide cheque No. 34020 . I have been informed by the Depository Participant that no shares of Power Grid is allotted to me. Then I waited for the refund to come. But result was disappointed. I didn’t receive any refund either as DD or as direct credit to my account. Actually the amount was borrowed my me @12% per annum from the bank for the purpose of FPO purchase. I sent a compliant to the Registrar Karvy Computershare through e-mail (email id einward.[protected]@karvy.com, pgcil.[protected]@karvy.com ). I haven’t receive any reply or call from the registrar till now. After that I called to Karvy, Kochi office on Phone No.[protected] and contacted Ms. Sreelatha about the issue. She told me that application no. is incorrect and the particular application is belong to someone else. I sent her the acknowledgement of my application through e-mail to the id [protected]@karvy.com. Again I contacted her and I got the reply as we sent it to Karvy HO and she promised a call to me on that day itself. But still now I didn’t got any call till now form any of the office of the registrar. Now I am in a situation that my principal amount is blocked and unnecessary (because of the bad service of the Registrar ) I am paying interest @12% to my banker. I feel myself in a very big trouble. 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.
                      Nov 12, 2017
                      Complaint marked as Resolved 
                      Verified Support
                      Oct 05, 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 an email to kcpl.[protected]@karvy.com so that we can resolve your issue to your satisfaction.

                      Regards,
                      Team Karvy
                      Dear Sir,
                      I, Vijay Kumar had applied for Power Grid FPO & my application No.is 37834574. I applied for 65 shares and give you corporation Bank cheque of 5850 amount. My cheque no was 052627.

                      I hadn't recieved my refund.

                      Now, You are kindly requested to send it again Below mantion Address-

                      Vijay Kumar
                      HNo. 13/72
                      M.C Colony
                      Sirsa-125055

                      Hope for your early Response.

                      Thanking You.
                      Vijay Kumar
                      [protected]
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                        V
                        visitjagdish
                        from Noida, Uttar Pradesh
                        Dec 8, 2010
                        Resolved
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                        Address: Hyderabad, Andhra Pradesh

                        i have applied for the FPO of Power Grid Corp. of India for amount 99450 total 1105 shares. out of which i have got only 297 shares. rest amount (72720) is not refunded to me. On calling to customer care for 3 days i got to speak to them. They have asked me to send my address and bank account details to the Karvy computer share pvt ltd, vthalrao nagar office. i have send my details along with the application no.
                        Please let me know what further steps could be taken.my contact is [protected].
                        Nov 21, 2017
                        Complaint marked as Resolved 
                        Verified Support
                        Oct 05, 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 an email to kcpl.[protected]@karvy.com so that we can resolve your issue to your satisfaction.

                        Regards,
                        Team Karvy
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                          A
                          asudu18
                          from Mumbai, Maharashtra
                          Dec 4, 2010
                          Resolved
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                          Address: Bangalore, Karnataka

                          Dear Sir,

                          I have applied for FPO PowerGrid and still awaiting for the refund. I have received a letter from Karvy ComputerShare Pvt Ltd, stating that fund has been transfered on 23-Nov-2010, however, I have not received any amount till date as on 03-Dec-2010. On looking at the bank account details as printed on refundable statement, letter, I noticed the bank account number stated on the letter, is incorrect; I have sent couple of emails to Karvy requesting them to reprocess my refund with right Bank account details and I have not received any response from them yet. Hence, this complain, requesting to refund the amount back to my account.

                          Here are the application.

                          Allotment Adivce cum Refund Order No --> 942182
                          Bid-cum-Application-Form Number --> 44330243
                          Bid Amount Paid at the time of application --> Rs 1,05,300/-
                          Registerar's Ref No --> 1451606
                          Total Amount to be refunded is --> Rs 79,992/-

                          Bank Account Details
                          Account Number -->[protected]
                          ICICI Bank Ltd, Malleswaram Branch, 5th Main, 5th Cross, Bangalore 560 003

                          Your Sincerely,
                          Sandeep
                          Aug 13, 2020
                          Complaint marked as Resolved 
                          PowerGrid FPO refund not received yet
                          Dear Sir,
                          My client didnt received the power grid fpo refund, pls check and reply as early as possible

                          appl no[protected]

                          name - s selva kumar

                          cheque no - 413381(tamil nadu mercantile bank)

                          quantity - 260

                          amount - 23, 400
                          Dear Sir,

                          I have applied for FPO PowerGrid and still awaiting for the refund. I have received a letter from Karvy ComputerShare Pvt Ltd, stating that fund has been transfered on 29-Nov-2010, however, I have not received any amount till date as on 15.12.10. I have sent emails to Karvy requesting them to reprocess my refund, They were reply to send DD with DTDC courier but after that DTDC courier back the parcel to karvy. Hence, this complain, requesting to refund the amount back to my account.

                          Here are the application.


                          Bid-cum-Application-Form Number --> 34774957
                          Bid Amount Paid at the time of application --> Rs 99450/-
                          Total Amount to be refunded is --> Rs 74056.50


                          Bank Account Details
                          Account Number --> [protected]
                          INDIAN OVERSEAS BANK, RELIEF ROAD BRANCH, AHMEDABAD

                          MY ADDRESS IS :
                          10, SIDDHARTH FLAT,
                          OPP.RUBY FLAT,
                          NEAR STHANAKWASI JAIN SOCIETY,
                          NARANPURA
                          AHMEDABAD-380013


                          FROM,

                          BIPIN SHAH

                          didn't receive trading user id

                          My rl no. Is 299426 as I receive my password but not the trading user id.so please sent me as soon as possible.

                          Pran number

                          my self johy basha working as a fire engine driver joined at vinukonda, Emp code:- 2597513, DDO code:- sgv017240g but in pran number w getting another person details and did’t got pran number kindly resolve this issue.
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                            samir72
                            from Pune, Maharashtra
                            Dec 1, 2010
                            Resolved
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                            Address: Ahmedabad, Gujarat

                            sir, I had applied for Powergrid corp FPO for 1105 and amount was Rs.99450/- out of that I had been allotted 297 shares and as per karvy website my refund amount status is sent by DIRECT CREDIT to my bank , my bank is The Bhuj Mercantile coop Bank Ltd. ahmedabad clearing under HDFC Bank Ltd.

                            I had complained to karvy office ahmedabad, but they are telling that we had delivered your fund to your bank. I went to HDFC Bank, they inquired about my application and told me that they had not received my refund amount.

                            now again I went to karvy office , they are lingering this matter and telling that refund will sent to you after confermation with head office hyderabad.

                            I had owed this money on loan and I have to pay Interest to that person , I am in trouble.

                            so please look into my matter seriousely and kindly tell karvy to send my refund order

                            thanks and waiting for your favourable and urgent reply my email Id is sameer72.[protected]@gmail.com and my contact no is [protected].and my address is
                            B/35,BANDHAN SOCIETY ,CADILA ROAD,GHODASAR,AHEMDABAD.50

                            thanks again
                            Aug 13, 2020
                            Complaint marked as Resolved 
                            dear sir i have applied power grid fpo my application no is 34738651.i have applied 130 share Rs.11700.and i also complaint ur ahmedabad off and submit my document but till today i have no received refund order and not received any no of share, so plz sned me refund early as possible. krunal kothari
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                              V
                              viswalal
                              from Chennai, Tamil Nadu
                              Nov 29, 2010
                              Resolved
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                              Dear Sir,

                              Subject:- Non allotment of FPO share allotment of Power Grid Corporation of India.

                              I had applied for 325 share of Power grid Corporation FPO under Retail category. The amount of Rs 29250/- got debit for the same from my saving account on 16/11/10. However, I have not received any allotment details or refund, till 29/11/2010 or not got any allotment of shares to my demat Account. My substantial amount is locked in.

                              Details of payment for IPO made through cheque is given below:- .

                              1. Application form no. :[protected]
                              2. Cheque no:-75307, State Bank of Indore (Now State Bank of India) Jawahar chowk, Bhopal.
                              3. Transaction date:-16/11/10
                              4. Client ID :-CDSL: [protected]
                              5. Saving account no :-[protected]

                              I think M/s Karvy computers share, which is the registrar to this issue.
                              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 : einward.[protected]@karvy.com

                              The website provided by M/s Karvy computers share to check the allotment status not responding about the status of my application and showing an error:500 while I checked the status on different terminal of internet. So far no refund received or any information issued by M/s Karvy computers on share allotment.

                              It is therefore I request you interfere in this matter help me get my refund with due interest for the period delay. It is also requested to issue instruction to issue the status of my application, reason for non-allotment of share, reason for delay in refund the amount and responsibility for delay in refund or allotment of share.

                              Yours Sincerely,

                              Viswalal Narayanan
                              RB-V, 504, CRWS, Colony
                              Nishatpura, Bhopal, MP

                              CONTACT No.[protected]
                              Mobile No. [protected]
                              Aug 13, 2020
                              Complaint marked as Resolved 

                              Power Grid corporation Of India Limited — Refund of FPO Amount after allotment of Shares

                              I applied for shares in FPO of power Grid Corporation of India Ltd, but the refund after allotement of shares are not received. The details are as follows:
                              1. Name--- Nitin Gupta
                              2. Application No.[protected]
                              3.Cheque No.--- 957922 dated 10.11.2010
                              4.Amount of cheque ---- Rs 99450.00
                              5. Address-- Nitin Gupta, CB-4, Block-C, HARI NGAR, New Delhi
                              6 Account No. --- [protected] (old account no. 47515)
                              7. Bank Name- State Bank of India, Hari Nagar, New Delhi-110064
                              Kindly arrange to refund the balance amount

                              Yours faithfully

                              NITIN GUPTA

                              Karvy computershare Pvt Ltd — allotment of shares

                              Dear Sir/Madam:

                              On Nov 11, 2010, I applied for 65 shares of Power Grid Corp of India IPO through online by using my broker-Indiainfoline website (trade terminal). The debited amount was Rs 5850 from my Axis bank account.
                              The transaction details as follow:
                              Transaction code: IPOA158890
                              Scheme Name: Power Grid Corp of India
                              Bank Ref Id: 21405068
                              Status: Successful
                              The issue was listed on the stock exchange, but I have not alloted any share till today, nor the amount that debited from my account was not refunded to my account. I request you please interfere in this matter and help me to get my refund with due interest for the period delayed.
                              The full address of register is as follow:
                              Karvy computershare pvt Ltd
                              Power Grid Corportation of India IPO
                              Karvy House 46, Avenue-4, Street No 1, banjara HIll
                              Hyderabad 5000034

                              Thank you and I hope you help me in this regard

                              Cyril Mathias

                              [protected]@yhaoo.co.in
                              I am not getting my Refund of 35 K from FPO OF Power grid.

                              Application no. 29847710.

                              Pls help.

                              POWER GRID CORPN OF INDIA-FPO — ALLOTMENT & REFUND NOT RECEIVED

                              Sir,
                              I had applied for 1105 shares of POWER GRID CORPN-FPO,and remitted Rs. 99450/-thru SBI Rajpur Road,Dehradun ,till date neither shares have been alloted nor the balance refund has been made,despite repeated mail & registered reminders sent to the company officials as well as M/S Karvy computershare.

                              (Mrs. Santosh Wadhwa)
                              C4/1 chanderlok colony,
                              rajpur Road,
                              Dehradun-248001
                              (uttrakhadn)
                              ([protected])

                              Power Grid Corporation India Ltd. — ALLOTMENT OF SHARE NOT DONE YET

                              I APPLIED FOR THE SHARE OF THE POWERGRID CORPOARTION OF INDIA, FPO BUT TILL THE DATE I DIDNT RECEIVE ANY SHARE. PLEASE GUIDE ME WHAT CAN I DO.
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                                sumit goyal
                                from Korba, Chhattisgarh
                                Nov 26, 2010
                                Resolved
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                                Address: Surguja, Chhattisgarh

                                Respected sir,

                                i am client of karvy stock broking ltd branch -ambikapur. i was giving the documents and submitting the form of bank account changing on 13 nov 2010. But my account has not changed. due to i have big problem, bec the refund value of power grid will come in my old bank account i.e. axix bank. so plse slve my problem.

                                my client id[protected]
                                dp id- In300394
                                thanks and regards
                                Complaint marked as Resolved 
                                Verified Support
                                Mar 24, 2015
                                Karvy Customer Care's response
                                Dear Sumit, Our service team has spoken with you and resolved this query successfully. For any further assistance, please feel free to call our toll free number [protected] or email us at [protected]@karvy.com. Thanks, Team Karvy.
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                                  Shailesh M
                                  Nov 24, 2010
                                  Resolved
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                                  Resolved

                                  Address: Jhansi, Uttar Pradesh

                                  Hi,

                                  My parents have taken a health insurance plan from karvy(Jhansi branch) last year(2009). The insurance is from the National Insurance company Ltd.
                                  The policy details are as follows

                                  Name : Sharda Maheshwari
                                  UHID ; FHKN.[protected]
                                  Policy No : 154400/46/09/[protected]
                                  and
                                  Name : Vijay Kumar Maheshwari
                                  UHID ; FHKN.[protected]
                                  Policy No : 154400/46/09/[protected]

                                  This plan is a long term health insurance plan and now when my father contacted Karvy Jhansi branch the Manager told him that Karvy no more has any collaboration with National Insurance company and the plan can not be renewed.
                                  My father has turned up 60 Yrs and he is not eligible to take health plan from most of the other agencies as well which he could have done at the time when he took this policy from karvy.

                                  I have contacted to FHPL and National Insurance company regarding this and they suggested that only Karvy can help in this matter. I have contacted the branch but they are saying they can not help in this regard.
                                  If this plan can not be renewed the premium amount paid should be refunded.
                                  Aug 13, 2020
                                  Complaint marked as Resolved 
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                                    M
                                    mashood ur raza
                                    from Chandigarh, Chandigarh
                                    Nov 15, 2010
                                    Resolved
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                                    Address: Hyderabad, Andhra Pradesh

                                    IDBI flexi bond- education 4 option-c
                                    folio no.IFE005448
                                    warrant no.005869
                                    saim raza
                                    F/G mashoodurraza
                                    Email [protected]@yahoo.in
                                    mobile no. [protected]
                                    we have received warrant after deduction as source (TDS)@20/ whilewe have already send form 15 G (dispatchdate 29/09/10) kindly explain this matter reply to my email or phone no soon waiting of reply
                                    Aug 13, 2020
                                    Complaint marked as Resolved 
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                                      H
                                      harpremsingh
                                      from Delhi, Delhi
                                      Nov 10, 2010
                                      Resolved
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                                      Address: South West Delhi, Delhi

                                      Dear Sir / Madam
                                      I had applied for Coal India Ltd IPO vide application No 36907902 for 400 shares alond with a cheque bearing No 243821 Of Canara Bank Munirka New Delhi for Rs 98000 alond with self attested copy of my pan card. The application was submitted in Karvy stock broking limited , Vasant Kunj New Delhi Office, ( Copy of the reciept is attached)
                                      The sum of Rs 98000 was debited to my account on 26th Oct 2010 as eveident from my (passbook coppy attached)
                                      On Checking with the registrar Link Intime India Pvt , C-13 Panalal Silk Mills Compound , LBS Marg bhandup ( West) Mumbai-400078 I was Informed that the application was in some one else name.
                                      On further Investegating at my level I found that where I had submitted my application the DP ID was wrongly entered against my DP ID. By M/s Karvy Stock Broking Limited, New Delhi Office who is the member of the syndicate.I have written several email to them and Visited their Vice President Mr Arvind Pruthi, But there is no reply from any body till date.
                                      I had filled sebi grevinces form on line twice but they just say that they will send me a acknowledgement by post but they also dont respond.
                                      Please advice me as whom to approch to get my hard earned money back and to hightlight to people that these agencies are frauds.
                                      Hope to get some help from you
                                      With Regards
                                      Harprem Singh
                                      +1 photos
                                      Complaint marked as Resolved 
                                      Verified Support
                                      Mar 24, 2015
                                      Karvy Customer Care's response
                                      Dear Harpemsingh, Our service team has spoken with you and resolved this query successfully. For any further assistance, please feel free to call our toll free number [protected] or email us at [protected]@karvy.com. Thanks, Team Karvy.

                                      karvy stock brokers ltd — pan card not received

                                      dear sir my name is vishwanath gonwar pan card ack.no is [protected] it is dispached in 03 oct 2008 still iam not recived pan cad

                                      IBS Delhi — Fraud

                                      IBS Delhi is a fraud company. They charged heavily from me for the web development and SEO but they didnt completed my work. The guy Mr. Pandey never took my call. And is also not returning the money.
                                      The url of their company is www.ibsdelhi.com
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                                        ch.phaneendra
                                        from Hubli, Karnataka
                                        Oct 11, 2010
                                        Resolved
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                                        Resolved

                                        Address: East Godavari, Andhra Pradesh

                                        I, ch.phaneendra, have an account in your Amalapuram branch with client id.No:14237149. I sold my REC LTD.stock,50 shares on[protected]. from then till now the amount was not credited in my bank account. I was transferred from that place 3 months back.so that i contact the branch incharge Sri SASHIDHAR by phone.But he was not responded correctly towards me.He responded very arrogantly. so please take proper action on him and make necessary action in crediting the amount in to my bank account
                                        Aug 13, 2020
                                        Complaint marked as Resolved 
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