[Resolved]  Karvy Computershare Pvt Ltd — Refund for non allotment of PowerGrid FPO shares not received.

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]
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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
Complaint comments 

Comments

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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