Karvy Complaints & Reviews

My Karvy DPID is IN300394 and client ID is15074805 and I would like to bring to your kind notice that I have lodged a complaint in Karvy Pondicherry on 20.09.2016 regarding correction of wrongly allotted tenure in the Nabard and IRFC tax free bonds taken through Karvy computer share. I have applied for a tenure period of ten years and it has been allotted wrongly for fifteen years. The person incharge in Karvy said that they have forwarded my complaint letters to the concerned authorities, in the month of September 2016.
Along with that I have personally mailed the complaints to the grievance officers in Nabard and IRFC on 13.10.2016, for which I got a reply that it is a mistake that happened during bidding and I have to contact the agents through whom I have submitted the cheques.
So I have been contacting the Incharge of Karvy computershare Pondicherry, for the past three months and they are not giving any responsible answer from their side and keep dragging the issue. I have copy of the letter submitted, the mails sent and the replies, but I could not find any provision to attach them here.
Kindly look into the matter at the earliest as it is already too late for the resolution.

Hi

I have invested in reliance infrastructure bond in 2009 and paid via cheque number 970273 through karvy
I did not get any bonds from the Karvy and I could not be able to contact the persons in Karvy
Request you to Please provide the right information and status of my purchase

Cheque number 970273
Please provide details of payment and bond Information
It's urgent

Regards
Raghavendra
[protected]

Revered sir
With due apology and respect i have send the documentation as per buy back option of IDFC LONG TERM BOND having folio no IDE0046836 on SPEED POST SERVICE 25.01.2017 and recipient addressed KARVY SELENIUM TOWER B PLOT NO 31 & 32 HYDERABAD 500032, it is an benign appeal to you please take an early nec. action to updated the status so that i would like to ensure for further processing, Thanks with personal regards

I have asked Karvy to close my demat account. The latest request was submitted on 3rd Jan 2017 and this has been going on for some time.
Karvy has not taken any action nor has advised when the account will be closed. This is NOT an isolated incident because through all channels Karvy is exceptionally difficult to work with.

the Client ID of the account that I wished to be closed is 10294197. I wish the account to be closed and the shares transferred as per the form submitted.

I don't have a copy readily available of the request but can provide if needed. Please help me illicit some response from Karvy.

Hi, I am following up with karvy since 5th Jan'17 (that is when they received by first set of documents for redemption) but till date they are keep on saying that they have not received original bond certificate. The Bond Certificate was indeed received by them on 20th Jan(by some Mr.AV Reddy, Bluedart Way Bill#[protected]. I have written no less than 20 emails and would have called them 100's of times.

I am highly frustrated, please help me get my redemption done.

Infra Bond: PTC Infra
Folio# PTA0202011

Regards
Mayank Joshi
Mb:+91-[protected]

Friends I mailed my dematerialisation request form to these guys for dematting my Ultratech Shares.I am in urgent need of money so was expecting a faster processing from their end, but these hopeless poor guys have not even confirmed the receival of the docs even after 10 days of delivery!

Hopeless nonesense.sabhi nalayk baithe Karvy me aesa lagta mujhe to.
Friends I am giving my parcel tracking no and DTDC courier url beloe

M45250552
http://www.dtdc.in/tracking/shipment-tracking.asp

Would never ever suggest a service from these hopeless nonsenses

Respected sir i have given written letter to Mumbai office and also informed this before my mom and dad had shares of GATI LTD SHARES
Folio Number GCL008329 we have not received this shares and as my father expired on[protected] and there is no help from Karvy computer shares PVT Ltd and same for my TCI shares and there Folio Number 00008468 and i have given written complain on Jan 12-2017 and called several times to there office and no one has helped for the same i have to take care of my old mom as she is not well and has to work so its very hectic to perform everything so please help for the same my number is [protected] Jayesh Dinesh Sharma

Folio no INA0011924
Certificate number 14056
Distinctive nos [protected] to [protected]
Redemption amount not received
My email id is [protected]@yahoo.co.in
Certificate and other requirements sent in September 2016
Redemption amount not received till date
Please inform the date by which the buyback amount will be sent to bank
No.of bonds : 4 only

Hi,
I am trying to follow up since 9th November 2016 and for my multiple emails at [protected]@karvy.com, I simply received email twice asking to wait for next 48 hours. I don't know when these 48 hours will be over for them.
Any way, I am copying the same what I wrote in my email:
***************************************************************
I purchased 200 shares of Reliance Petro (ISIN # INE14A01013) in 90s...

I am having client id 21150639. It was opened in 2004. I want to sell all my holdings there in the account. Every time when I am going there your staff is coming up with something new. I am trying this for past 1 month. Shortly I have to go back since I am in vacation here. This issue is unresolved since past 3 years. Today the behaviour of your staff Mr. Sameer was pathetic. I am in correspondence with your gomti nagar Lucknow branch. Plz help. My contact no. [protected]/ [protected]
Garima Bhargava

I have not received dividend for 300 nos. shares of J & K Bank
for[protected]. Has it been sent or not, please let us know and if so to which address. If you need the share certificate nos. please let know. My new address : Karen V Martin,
14/2, Evergreen layout, Byrathi Cross, Hennur Bagalur Main Road,
Kothanur Post, Bangalore 560 077.
Thanks

I am not en cashing the dividends since[protected] on wards. I contacted so many times to Karvy Customer care and E-mail to karvy. I submitted Rs.20/- Non Judicial Stamp Paper written indemnity bond to karvy office long back but I am not getting my Dividend till now. Latest CML copy, Pan card copy, Indemnity bond scanned copies and hard copies forwarded to karvy office.

I have some share of ICIC Prudential Life Insurance Co. Ltd which i receive by applying IPO . I have my demat A/C in HDFC Bank through which i perform my trading . I raised my concern to the bank in which they replied
"Corporate Actions like splitting of shares /buy back offer/ disbursement of bonus / dividend etc. are executed by the respective company / registrar & transfer agent in coordination with the depository (NSDL / CDSL). "
In this case my registrar company is Karvy Computershare Pvt. Ltd.
I tried to contact this company several times through the no bank provided. But they didn't receive my call .
Could you please let me know how i could register my complain to get my dividend .

Certificate No: 00204502
Folio No: DD00171750.
Name of Bond Holder: Saranraj
Issue Price: Rs 2700
Face Value: 1 Lakh Rs

My father bought this bond on 1992 for 2700Rs.
I want encash the amount now and I tried customer care, they redirected to so many direction but nothing would help me.Also tried sending email to Karvy mail id. But no proper response on this too.

Please help me to encash amount.

Nov 24, 2016
Buy back/redemption of ifci long term infrastructure bonds - series iii
Dear sir,
With reference to my email dt. 20.11.16 to einward. [protected]@karvy.com and to [protected]@ifciltd.com, i am in receipt of your email ref. No. Sal/stat/ifca/27702/7905728 dt.: 22/11/2016 informing me that ifci long term infrastructure bonds series iii buy back period for document submission are completed and you are unable to process my request for buyback.in this connection please refer my email dt. 23.11.16 which is self explanatory. For your kind attention once again i wish to inform you that i am a bed ridden patient for the last one and a half year patient with multiple diseases and even unable to move. Recently doctors of apolo hospital has advised me for immediate bye pass surgery costing about 10 lacs which so far could not be done due to funds crisis. Then with the help of my family members and well wishers i have started collecting money from the resources available with us and during this process demonetisation has taken place due to which funds could not be managed and i have to postpone the heart surgery. Moreover as a customarily practise you should have timely sent the prescribed format to the customers for buyback so that they should have timely submitted you and nor any advertisement for submitting the buy back forms etc. Was published in the newspapers in this regard.. I am not a computer savvy person who can write to you emails etc. And download the forms etc.

My email dt. 23.11.2016 remains unreplied. For god's sake you are kindly requested to please help me in this critical and crucial time to submit the buy back form to you at the earliest to enable you to process my application for buy back as it will not be possible for me to sell the bonds in the secondary market as the same will be listed after december 2016, otherwise i may wait till buyback/maturity date (12/12/2021, 12/12/2026). My chances for my survival are very rare. Hence once again i earnestly request you to please mail the prescribed form for buyback of ifci long term infrastructure bonds - series iii at my son's email id for which i shall forever remain obliged to you. By sending one buy back form to me and again submitting the same to you is not going to create panic or havoc to you. However ultimate choice or decision is yours.

Thanking you very much in anticipation of your kind favour,

Yours faithfully,
Arun kumar mishra
Flat no. E-221, garden homes phase two, alkapuri,
(Behind new high court), lashkar, gwalior (M. P.) 474011
Cell [protected]

Cust Id : 2133049
Name : Binod.C
Mail: [protected]@gmail.com
Phone: [protected]

I have large number of share holdings whereas demat a/c of karvy shows i hold nothing.

I have made mulitple compliants thorugh mail and through their call centres.

Call centres standard reply " Its a technical problem, well come back in 15 min." Nobody ever calls back.

Mail is even worse . Nobody ever replies other than the standard automatic mailer.

I had a heavy commercial losses due to this and i will sue this company

Ref : BAS/STAT/IDFB/143472/7427168 Dt.: 04/03/2016
Unit : IDFC BANK LIMITED - INFRA BOND TRANCHE 2
Sub : Issuance of Duplicate Interest Warrants against Registered Folio No.IDB0105278
Year : 2013, 2014 and 2015 for Rs. 1600/each year

Against 3 years Interest Warrant, I have received only i warrant of Rs. 1600/-

Please look into the issue, as we have exchanged multiple mails for it.

I still have to receive 2 more interest warrants against the bond.

I am writing this complaint on behalf of my father who has been misguided & harassed by karvy computershare pvt ltd, hyderabad since last 8 months. being a senior citizen, he has been struggling by approaching idbi bank (demat account), idfc officials & karvy since last many months for non receipt of redemption warrant of idfc infra bond tranche 2.

My father even couriered reference documents with application letter via india post with tracking id: rg[protected]in on dated: 7th may 2016.

Therefore i have mailed & approached to each authorities - idbi bank, idfc & karvy. i would like to inform you that i have been following up for my father's above concern since date 16/08/2016 with ref: kvr/stat/idfb/207117/7715 after sending them the following required documents via india register post with courier tracking id: rg[protected]in.
1) duly signed request letter
2) cancel cheque
3) self attested pan card
4) 20rs indemnity warrant

It is very sad that i have to even followup with india post, hyderabad - top officials & escalated for getting confirmation (pod) on delivery of the parcel. but then also i was not getting any confirmation & the other side karvy was denying the receipt of the parcel. thereafter i lodge complaint against india post with cpgrams & got the confirmation of delivery. it took me around 1 month for getting confirmation pod.

Then again i replied to karvy for acknowledging the receipt & they at last accepted that they have received the documents & will process it asap on dated:27/09/2016.

Now it has been almost more than 20 days that still no prior action has been taken yet.

I would also like to add & highlight that i have also reported the above concern to sebi score since more than a month, but no action or reply has been received till date.

It is so disappointing that our indian system is so much corrupted & irresponsible & worst of all.

Hello guys, I am very badly to inform that karvy is one of the big finance sector but in gachibowli branch is very bad experience for me, recently I am attended the interview min to 15 days every day they hr people say no you can attend the tomorrow each day they will take 1 round and next round I should be wait of min 12 to 24 hours this the way of interviews. I never seen this type of interview no one HR has a good skills and no responsibility this type of interview they will take. Even water facility is not there so if you want to take Recruitment people so be sincerely and take the interview in same day but here hr people says no madam I call you but they are not calling in single person . interview so many people even hire but people are not getting offer letter what is this rabish, but I am be a fool like a many people if even I have a 9 years experience but who's badly need to job there family this is not a correct way.(so please I request you to don't be take easily but you should immediately review the gachibowli branch and recruit good people )

Hi,

I have been given wrong information regarding my trading and demat account and my stocks are being liquidated to adjust for unknown charges without any prior communication to me. This has happened several times and they promise to refund the charges but the problem keeps recurring. The executives are not helping and are providing misleading information.