Reliance IPONon Refund of Money

This review was posted by
a verified customer
Verified customer

Karvy Computershare Private Limited

Sud: Refund not received till date fro Reliance Power IPO.
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 [protected]
Name Issue Code Application No. Amt
RELPOW NEWIPO [protected] 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:(+91-40) [protected],[protected]
Fax No:(+91-40) [protected] Fax: 91 40 [protected]
E-mail: [protected]
Telephone: [protected]

Kindly do the needful at the earliest.

Sarang Mandviker

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