Reliance Communications Complaints & Reviews

Dear sir/mam,

I had invested in Reliance Power IPO for 225 shares.Neither shares have been alloted to me nor my money has been refunded back to me.

My application no.for IPO is 56343520.When I checked the karvy website for my Application No. 56343520 its reflecting this Application No. to Rohit Singh and shares are also alloted to him. And amount of Rs 18565 has also been refunded to him. When I checked with the bank I found that money from Rohit's account was never debited for IPO and he has got the refund of Rs 18565/-

I have a Acknowledgement slip given to me by Reliance Money for my application no. as 56343520.
I contacted Reliance Money they just passed me mobile nos of other authorities and no body took responsibility to help me solve my problem.They said karvy is responsible for all this and they dont have to do any thing with this.I contacted Product Head-IPO, Reliance Money he asked me to go to karvy office .Being at the post of IPO head this type of response is totally unacceptable as he knows Karvy computer share is situated only at Hyderabad.

I also contacted to karvy through emails but only computer generated mails were received, stating Congrutulations you have received 17 shares on name of Rohit Singh. After trying for 3-4 days fortunately I was able to talk at call center through toll free no.[protected], after litening to the problem he just said to you mail the problem on [protected]@karvy.com. I mailed them on 20th of February but till date have not listen any thing from them.

Please help me to get my money back, is there any way to lodge complaint agaisnt them. Should I approach to consumer forum for the same. I am badly in need of my money.

Following are the details of my account.
Name: Deepti Gupta
dp id: 13041400
client id 03090428
Amount Invested:rs 25875
cheque no.474845
reliance application no.56343520
refund account no.[protected]
bank: Axis Bank ltd.NOIDA

Following are the details given by karvy website of Rohit.
Unit : RELIANCE POWER LIMITED
Application No: 56343520
Name : ROHIT SINGH
Refund Amount for Rs.18565/- has been remitted through ECS on 09/02/2008 bearing following particulars.

Bank Name : ICICI BANK-SECTOR 61, NOIDA
Bank A/c No:[protected]
ECS MICR :[protected]

Thanks & Regards
Deepti Gupta
[protected]
Executive Axis Bank- Noida

I had applied for 225 shares for Reliance Power under IPO payment no. 11704973 and paid an amount of Rs. 25,875/- through on line fescilities of Kotak Securities(RPOWER : XPBU9 IPO PAYMENT #[protected].).
I got allotted 17 shares and I have not yet received balance amount .
Please help the matter at the earliest & treat this as urgent.
My Client ID/DP ID No : IN300214/12994868
Please note said share listed on NSE & BSE on 11/02/2008.
Thanks & Regards,
Sarmistha Patra
Contact No : [protected]

I sejal B Soni having Demate A/c no 10684357 in DP IL&FS LIMITED , I have received the 17 shares of Reliance power limited ,I have given cheque for RS. 25875/- And the balance receivable is RS.18565/-

Details of application;

BID Application no: 15335166
CAN Advice no: 3861094
refund amount: RS.18565/-
no of shares alloted : 17

I have come to know after sevearl communications...

my application no 55380714 . ihave applied for 225 shares cheque no 113046 of amount 25875 . my dpin300484 demat no 12251827. however i have recieved no allotment no refund .i am a small invester and need money. kindly help

i am listing down my complaint

1)i can't understand why "administrative charge" a significant amount is deducted from every top-up.other service provider like vodafone(formerly hutch) only deducted the service tax @ 12.36% ( approx Rs 22 talkvalue on Rs 25 top-up) but in case of smart Rs 142 talk value on 200 top-up , 75 out of 96.

2)another point is that, in case of power recharge ( like 56 recharge) call charge are reduced for a specified time (in this case one month ), but with in this validity period some one recharged with a top-up or monthly voucher ,the has been lapsed which is not the practise of others.

3)we are getting minmum 2 massage daily for different caller tune setting , but not a single massge for changing the customer care no (400) and the no used for recharge (401 now changed to 58401) also that is not changed in the recharge voucher. till now it is written dial *401#. fater dialling 400 it is all time heard that ' this no. does not exist, please check the area code'

Dear sir,

I have applied for 225 shares of reliance power ipo at Sajag securities pvt ltd.Pune, india. I have been allotted 17 shares of the company.But so far I haven't received the refund cheque to be deposited at canara bank(S.B A/C No. - 603), King's circle, Matunga,Mumbai -400 016. There is small mistake in in writing the address.The city has been mentioned as mumbai initially(But as pune in boxes)

Details of application form

Bid cum application form no 8 7561695
Date of application 16/01/08
Depository participant name - Stock holding corporation of India ltd (SHCIL),Vikhroli,Mumbai
Cheque details
Drawn on - HDFC Bank ( s.b a/c no.[protected], Aundh branch, Pune, amount - Rs. 25875/-
Cheque no.- 339986 dated 16/01/08
Kindly deposit the difference refund amount to s.b a/c no. 603 at canara bank, King's circle, Matunga, Mumbai - 400 016 at the earliest or send the cheque to my permanent address -
Dr.Padmanabha Aital, C/o Jayashri Aital, Near Rama Industries, Hospet Road, Ashok Nagar, Sirsi (N.K) -581402, Karnataka

Thanking you
regards,

Dr.Padmanabha Aital
(Contact cell phone no. [protected])

It is so ridiculous that this guys do not take monetary matters seriously.

[protected]@indiatimes.com

02/25/2008 02:48 PM


To: reliancepower ipo <reliancepower.[protected]@karvy.com>
cc: [protected]@karvy.com, prashant.[protected]@hdfcbank.com
Subject: RE: Refund of Rel Power IPO



I am telling you that my refund order is been sent to a closed bank a/c of ICICI Bank (closed since 10 months). My operational a/c is only with Dena Bank (as per details given below).

Why are you again & again informing the same thing, which is of no use!!! Pls call me or give ur contact details with a CC marked to my id prashant.[protected]@hdfcbank.com

I expect the refund with interest due thereon for the delayed period without any exception. Do not go on writing mails. If need pls call me on [protected]. I will have to lodge a complain with respective bodies, if you are not able to refund my money in 24 hours.

Bhupendra Sanghavi

----- Original Message -----
From: reliancepower ipo <reliancepower.[protected]@karvy.com>
To: [protected]@indiatimes.com
Sent: Mon, 25 Feb 2008 11:03:38 +0530 (IST)
Subject: RE: Refund of Rel Power IPO

Dear investor,



We will dispatch your refund amount through Ecs on 08.02.2008.



Regards

Customer care

Karvy computerized shares




________________________________

From: [protected]@indiatimes.com [mailto:[protected]@indiatimes.com]
Sent: Mon 2/25/2008 10:51 AM
To: Reliance Power - IPO
Cc: Investor Grievance - KCPL
Subject: RE: Refund of Rel Power IPO



I have now recd a physical chq of Rs. 18995/- favouring my ICICI Bank A/c.

I had clearly mentioned that Bank a/c of ICICI is already closed 10 months back (read trail mail), even then you have sent it in favour of my ICICI Bank a/c.

I have given you all my details for Dena Bank a/c in application form & this mail trail also. Even after that you guys are acting smart to send in my old Bank a/c details, which is already closed. As the a/c is closed ICICI will never give me a certificate for non-credit. And as it is you guys have acted on your own to send chq in my closed bank a/c details, although having my Dena Bank a/c details mentioned in application form & in this mail as well.

Ensure payment of refund alongwith interest for the delayed period without any further delay. Should you need back the physical chq issued in favour of my ICICI Bank a/c, send some person to collect the same. Do you need any talking to be done pls call me on [protected].

This is last reminder from my end for refund chq to be issued with proper Bank details of my Dena Bank as once again mentioned hereunder:

Name of Applicant: BHUPENDRA K. SANGHAVI

Application No: 48957620

Bank Name: Dena Bank, Kandivli (E) Br. A/c No. 934264

Amount paid on app: Rs. 25875/-

No. of Share alloted: 16 Shares

Refund Amount: Rs. 18995/-


Any further delay from your end will compel me to write to SEBI, BSE, NSE & IGF.


Bhupendra K. Sanghavi



----- Original Message -----
From: reliancepower ipo <reliancepower.[protected]@karvy.com>
To: [protected]@indiatimes.com
Sent: Fri, 22 Feb 2008 02:25:33 +0530 (IST)
Subject: RE: Refund of Rel Power IPO

Dear Investor,

Unit : RELIANCE POWER LIMITED
Application No: 48957620
Name : BHUPENDRA KANAIYALAL SANGHAVI

We have perused the record and are glad to inform you that 16 shares have been allotted against your application.
The shares allotted have been credited to your beneficiary account mentioned in the application.
Refund Amount for Rs.18995/- has been remitted through ECS on feb first week 2008 bearing following particulars.

Bank Name : ICICI BANK LIMITED, MUMBAI
Bank A/c No :[protected]
ECS MICR :[protected]

We request you to kindly get in touch with your aforesaid bank and confirm credit of the
said refund amount. In case the credit is not reflected, kindly obtain a certificate to the
said effect and forward the same to us so as to pursue the matter with refund bankers and
do the needful.

Kindly ensure to quote the application number in all future correspondence.

Regards,
Customer Care
Karvy Computershare Pvt Ltd


________________________________

From: Investor Grievance - KCPL
Sent: Thu 2/21/2008 10:50 AM
To: Reliance Power - IPO
Subject: FW: Refund of Rel Power IPO


Sir

Reply directly to investor marking a copy to IGKCPL



IGKCPL - TEAM

________________________________

From: [protected]@indiatimes.com [mailto:[protected]@indiatimes.com]
Sent: Thu 2/21/2008 10:44 AM
To: Investor Grievance - KCPL
Subject: Refund of Rel Power IPO



From:
Bhupendra Sanghavi
A/401, Nagwekar II CHS,
Behind Sai Baba Hospital
130, Akurli Main Road,
Kandivli (E)
Mumbai - 400 101.
Tel. 28846559 / [protected]


I had applied in Reliance Power IPO as per the following details:

Name of Applicant: BHUPENDRA K. SANGHAVI

Application No: 48957620

Bank Name: Dena Bank, Kandivli (E) Br. A/c No. 934264

Amount paid on app: Rs. 25875/-

No. of Share alloted: 16 Shares

Refund Amount: Rs. 18995/-


The details of Bank a/c was clearly mentioned as Dena Bank, even then the refund amount was been directly send by you guys to my ICICI Bank a/c, which is already closed since 10 months now.

I dont understand where did you get my ICICI Bank details from? & why should you send credit of refund to a closed a/c when details of my running a/c was mentioned in the application form (copy is available with me).

Pls issue the refund chq in favour of my Dena Bank A/c No. 934264 alongwith interest for the delayed period immediately or I will have to lodge a complaint with SEBI.

Bhupendra K. Sanghavi

Applied for 225 Share @ 115 each total paid amount Rs 25875.00
Details :
Name : Sunilbhai M. Shah
DP ID : 12038200
Clinet ID : 00054024
Draft No : 068393 Dt 16.01.2008 Axis Bank Rajkot
Application No. 41882001

Till date company neither alloted any shares nor refunded money.
Called at Karvy Toll Free Number and Main Branch Hyderabad but no positive response till date . everytime told by them to wait and wait.
Complaint made to sebi and Karvy.
My Address is :
Sunil M. Shah
Opp.Taluka School,
Siraj Road,
Mangrol (Saurashtra) GUJARAT
Pin : 362 225
Mobile :[protected]
Ph:[protected]

I purchased the Reliance Netconnect USB connection from a Reliance Web world in Rudrapur. At the time of purchase the scheme offered by the sales person said that I shall be getting Unlimited internet access free for the first 2 months, however at the end of first month I got a bill of Rs. 1,100/- though I raised my concerns with the sales person who sold me the connection but by the time he got the billed waved after my HERCULEAN efforts and constant complaints and follow-ups my connection was not working for 1 week. Further I expected that the same mistake shall not be repeated by the company but to my surprise they could commit the same blunder for the second month in a row and that too with increased bill amount of Rs. 1,400/-. This time my connection was not working for more than 1 month, but this was not all, after committing repeated blunders they send me recovery letters which said that if I don’t pay the bill they shall resort to the recovery measures. However knowing the lousy service provided by Reliance customer care I had to continuously follow-up with the Zone Executive Officer who also failed to resolve my problem on priority.

Finally they are asking me to pay Rs. 165/- and then only they shall restart my connectivity.

I cannot understand how Reliance can manage such a large business with false claims to sell their products and fool common people.

I am really frustrated with the performance of the connection due to its slower than Turtle's speed of functioning and even worst customer care support. Actually I believe it’s their strategy that if they harass the genuinely complaining customers they shall stop complaining and stop for asking the services from the company.

From my side its a complete NO to purchase the Reliance Netconnect.

May God bless Anil Ambani and hope his business survives because the chances are quite bleak with such JOKERS sitting as Sales men and Customer Care executives.

Sir,
I take a sim to Your Dilear on Dated 01/02/08 But My Sim is Not Working till now ,When I complend to Your Custumar care Exe.in Patna Rang no any Responce gave me ,My Number is[protected]

It is bad sing for Your Company Becouse your Company not provide good service in Bihar ,your Dilear also not take any responce aganst any complan.so I Requested to Your senior Members susgested me What's I am Doing.

Diler Name
Pankaj Telicom
Raxaul , Dist.East Champaran
Bihar,

Dear Sir,

I had applied for 15 shares for Reliance Power ltd in the recent IPO, as per the information I have been alloted 15 Shares.

The details are as follows-

Application No[protected]
DP ID- IN303028
Client ID[protected]

I have been alloted 15 shares as per payment method 1. Please give me the eastimate of exact amount which is to be paid to Reliance Power if i am to make DD on 25 of Feb 2008. The due date was 22nd feb 2008.
Kindly look into the same and revert. My previous emails to karvy in this respect remains unanswered

My contact number is as [protected]

Thanks

sir,
i purchased " reliance tax saver fund- Growth plan" through internet on[protected] at 21:47:34 for vivek jain, anil kumar jain,neelam jain. a house no.[protected] was given and transaction no. TSGPA[protected], i sent the cheque no. 318326 of hdfc bank, vaishali,amounting to rs. 5000/= with the application(print was taken from internet) to karvy offive at barakhamba road on 02-02-08 by ordinary post.
the cheque is debited on 18-02-08 from my bank. i had not received any intimation nor received the confirmation from your side.
plz help
anil kumar jain
191, lumbini appt,
sector-14, kaushambi,
ghazibad-201010

name---manpreet kaur
application no[protected]cheque no-075716
sharesapplied---225
amont of cheque-25825
dematdetails----
dp-id---ln-301774
client id[protected]
please help me
manpreet

Attached Mail written to Karvy and ICICI Direct.com ,but No action till date.
[protected][protected]
To
Karvy Computershare Private Limited

Sud: Refund not received till date fro Reliance Power IPO.
Sir
I had applied for Reliance Power shares in “Retail category” and order book copy of ICICIDirect is attached ,along with mail reply from ICICI Direct for information.

I am allotted 16 shares, but balance amount is not received to me either through corporate action or through cheque.I am in urgent need of money ,and as per SEBI guidelines I should have got my money back before shares are listed.

Before I take any legal damaging action I may be refunded my amount with penalty of 3% per month.


Transaction Date Transaction ID Transaction Type
17/01/2008 11:58:01 4924392 Original
Match Account DP ID DP Account
[protected] IN300183 13398082
Name Issue Code Application No. Amt
LIMITED : RELPOW NEWIPO 11265240 96,750.00



Mail reply from ICICI Direct.

Dear Mr.Mandvikar,

You have been allotted 16 shares of RELIANCE POWER LIMITED EQ. NEW RS. 10 on February 02, 2008. However, the amount will be credited within 2 to 3 days in your bank account. Fir further details, we request you to contact the Registrar of the company. The details of Registrar of the company is mentioned below:

Karvy Computershare Private Limited
Karvy House
46 Avenue, 4, Street No. 1,
Banjara Hills, Hyderabad .PIN-500034
Tel No:(+[protected],23320751
Fax No:(+[protected] Fax:[protected]
E-mail: [protected]@karvy.com
website: www.karvy.com
Telephone: [protected]

Kindly do the needful at the earliest.

Sarang Mandviker
[protected]
Date[protected]

I have a Reliance Data Card No. [protected], which I have been using for about 3 months. I want to check my Usage. When I went to the site- http://bill.reliance commnicatons.co.in, I could not long in as I have forgotten my Password.
When I submitted my Reliance Phone number at User Profile and requested for Password, I was informed that " Your password will be sent soon to your mobile through SMS".
Two days have passed, but I still have not received my Password to check the Usage.
I have repeated this procedure three times, but with no effect.
When will I receive my forgotten Password?

Hi,

I have a application number of reliance power IPO 72918782 and the 17
share has allotted to me but i didn't get my remaining amount back.I
applied for whole 225 shares and given a cheque of 97250 rupees.

When i enquired to Karvi ,they are giving false information every
times.Initially they said there is a problem in ECS but its working
perfectly for other IPO,then pastel delay even i am staying next to
karvi office in Hyderabad.

Already so many days has passed,but till now no information about my
refund amount.Karvi guys are making fools to every one by giving wrong
information every time.
I am also complaining the same with SEBI.

Please find my details below.

Reliance poer IPO[protected]


Thanks,

The refund amount of rs 89440 sent through ecs to canara bank has been returned "wrong credit" so far i have not received my refund amount .kindly send the same by a DD directly to me....

I applied 225 Nos of reliance power IPO vide my application No.73702428 for which I paid partial amount of Rs.25875/- through SBI Bank draft bearing No.141437 dated 16.01.2008. I got 17 Nos of share. But my remaining amount has not yet been received to me. It is therefore requested to return my remaining amount at the following address at the earliest please: -

Manoj Kumar Tiwari
Qtr No.7/27 (Old)
CISF Complex Bhiringi
CIS[censored]nit DSP Durgapur
Distt: Burdwan (WB).

I APPLIED FOR 225 SHARES OF RELIANCE POWER IPO. THE DETAILS ARE AS FOLLOWS

APPLICATION NO; 65167551
CHEQUE NO : 585339 DATED 16/1/08
AMOUNT ; 25,275
DP ID : IN 301774 ENTERED AS 12067844
CLIENT ID : 12067844 ENTERED AS 88888888
ICICI BANK A/C: [protected]SELAIYUR BRANCH CHENNAI)

NUMBER OF SHARES ALLOTED: 17
NAME AND ADDRESS;
D.ARUMUGAM
NO 35,IIND STREET, UNNAMALAI NAGAR
SELAIYUR POST,
CHENNAI - 600 073.
SUBMITTED IN AXIS BANK CHENNAI( BANK SERIEL NO 973459 ON 17/2/08)

KINDLY REQUEST YOU TO GET THE SHARE CREDITED INTO MY DEMAT ACCOUNT AT THE EARLIEST

I have received refund advice no 4846551 from reliancepower
details of which are as under
account no[protected]
bank hdfc visnagar branch
ac.holder neetaben n.chaudhari
bid apl.no35310051
bid amount25875
refund amount 18995

Above mentioned accound has been closed

i have advised him to credit refund to my new account details of which are as under
account holder Neetaben N.chaudhari
account.no[protected]
Bank HDFC visnagar branch
till today i have not received any answer