[Resolved]  NHPC IPO — NHPC NON ALLOTMENT

I HAD APPLIED FOR 2625 SHARES (maximum) UNDER RETAIL CATEGORY. ON THE BASIS OF ALLOTMENT I SHOULD HAVE GOT 713 SHARES ALLOTTED. I HAVE BEEN ALLOTTED NIL. I WANT THE REASON FOR NON ALLOTMENT WITH PROOF.

THANKING YOU
ANANDHI RAJENDRAN
A4 TRUST BUILDER FLATS
48, LAKE VIEW ROAD
ADAMBAKKAM
CHENNAI 600 088
PHONE[protected]
MOBILE [protected]
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

the same problem is with many applicants and i also serched many applications by no. randomly from karvy website and i found most them despite having full criteria not got a single share...
I HAD APPLIED FOR 2625 SHARES (maximum) UNDER RETAIL CATEGORY. ON THE BASIS OF ALLOTMENT I SHOULD HAVE GOT 713 SHARES ALLOTTED. I HAVE BEEN ALLOTTED NIL. I WANT THE REASON FOR NON ALLOTMENT WITH PROOF.

Application No. was : 51843288
i have applied for 175 shares but i have got nil. and no word from any one i. e. broker or the Karvy.
what is this i have fulfilled all the conditions
NHPC NON ALLOTMENT
I HAD APPLIED FOR 2625 SHARES (maximum) UNDER RETAIL CATEGORY. ON THE BASIS OF ALLOTMENT I SHOULD HAVE GOT 713 SHARES ALLOTTED. I HAVE BEEN ALLOTTED NIL. I WANT THE REASON FOR NON ALLOTMENT WITH PROOF.

THANKING YOU
marvin kataria
53 j block,
sri ganaga nagar-335001



MOBILE [protected]
I too applied for 350 shares, but got NIL allotted. Got the money refunded. But, not sure how to know the reason for non-allotment. If any one has any idea about why there is a NIL allotment or any possibilities on this, please share with us. That would be of great help.
I APPLIED 175 SHARES BUT NO SHARES ARE ALLOTTED TO ME.PLEASE REFUND MONEY TO MY ACCOUNT AS EARLIEST
APPLICATION NO[protected]
APPLIED 175 SHARES BUT NO SHARES ARE ALLOTTED TO ME.PLEASE REFUND MONEY TO MY ACCOUNT AS EARLIEST
APPLICATION NO[protected]
m-[protected]
The basis of the allotment is already out and by this time the settlement is also done. The basis of the allotment is as follows:

Shares Applied for Shares Allocated Odds of Allocation*

175 175 14:51

350 175 6:11

525 175 9:11

700 190 FIRM*

2625 713 FIRM*

In case if you fall in the Retail category who have applied for less than 700 shares, you allotment is based on the above ratio. But remember that the shortlisting was done by lottery ie., in the 175 shares applied category, out of every 51 applicants, only 17 will be allotted. Similarly for the rest of the retail under 700 applications.

However, I am really not sure about the complaints here raised by some of you who have applied for more than 700 shares. You are supposed to have got 700:190/2625:713.
i had applied for 2625 share application no 24421731 din get the money nor shares my e mail is [protected]@hotmail.com can sm1 pl give me the reason thanks
I had applied for 350 NHPC shares via the Kotak Securities online IPO application system. Based on the basis of the allotment, I should have received 175 shares. However, I haven't received any!! I need to know the reason for non-allotment...
I had applied for 875 shares, but wasn't allotted any share.
Also i haven't received my money back.
So should I consider that my money has been lost, because it's not an easy thing to get your money back from Indian Govt.

Applicat Name: Ajay Kumar Jha
Application Number: 23615110
Shares Applied For: 875
Application Amount: 31500
HAD APPLIED FOR 2625 SHARES (maximum) UNDER RETAIL CATEGORY. ON THE BASIS OF ALLOTMENT I SHOULD HAVE GOT 713 SHARES ALLOTTED. I HAVE BEEN ALLOTTED NIL. I WANT THE REASON FOR NON ALLOTMENT WITH PROOF.

THANKING YOU
MOBILE [protected]
I HAVE APPLIED 175 SHARES OF NHPC IPO THROUGH ICICI DIRECT ONLINE . BUT NO SHARES ARE ALLOTTED TO ME.AFTER ONE MONTH REFUNF OF MONEY IS NOT COME TO MY ACCOUNT.PLEASE SEND MY MONEY TO MY ACCOUNT
Sir,

Applicarion No : 28512663

Client Name : R Keerthy Raja

DP ID : [protected]

I wish to inform i have applied 350 Shares wide the above referred application. Till date ( 11.09.09 ) neither allottment communication nor refund of money received by me and same has been verfied with my bank account aswellas with post office, though you have conformed that refund would be mad with in 10 days from 27.08.09.

Further delay will make me to get interset will be claimed on the delayed refund as per the law .

Hence it is prayed that refund may be arranged without any more delay / reminder.

Thanks & Regards,

R Keerthy Raja.
I applied for 1225 shares of NHPC IPO. I have been allocated NIL. Also till now I havent got my refund. My application no is 23341716 which I have applied through Indiabulls Securities. Can anyone suggest me the way of redressal. An amount of Rs 41, 400 is very high for a person like me. This is the first time am applying for an IPO and I thought the system was full proof. Please help.
Aranya
Chennai [protected]

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    National Hydroelectric Power Corporation [NHPC]
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    56%
    Complaints
    71
    Pending
    0
    Resolved
    40
    National Hydroelectric Power Corporation [NHPC] Phone
    +91 12 9258 8500
    +91 12 9258 8110
    National Hydroelectric Power Corporation [NHPC] Address
    N.H.P.C. Office Complex, Sector-33, Faridabad, Haryana, India - 121003
    View all National Hydroelectric Power Corporation [NHPC] contact information