[Resolved]  HDFC Securities — Non refund of non-allotted IPOs

Hi, myself Arriesh, I am a customer of HDFCSecurities recently i purchased 2 IPOs(Laxmi Organics and Nazara Technologies) via ASBA in HDFC Sec, both of which was not allotted to me.
My concern is I did not receive my refund amount in my bank account for these non-allotted IPOs
Have been sending mail since past 3-4 days but there has no response from HDFC Securities, hence the request via this platform.

I will provide all the details separately once you reach out to me.

Thanks,
Arriesh
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Aug 5, 2021
Complaint marked as Resolved 
HDFC Securities customer support has been notified about the posted complaint.
Verified Support
Apr 20, 2021
HDFC Securities Customer Care's response
IPO orders are placed via ASBA through HDFC Securities platform.
If the IPO is not allotted, the amount is reversed automatically to your linked bank account on Allotment day.
You can verify the same from www.hdfcbank.com under Net banking option > Hold Enquiry Window OR may contact HDFC Bank - Consumer Banking at [protected]@hdfcbank.com or[protected]Mumbai).

Please provide us with your trading account number/bank customer id / Demat account number for any further assistance.

Also, you may call our customer care number[protected] / 39019400 or write to [protected]@hdfcsec.com
Complaint comments 

Comments

Hi

I also faced the same problem. I tried for LIC IPO which was unallocated to me and the amount never came back.

CustomerID[protected]

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