My Friend applied for DP Wires through ICICI Bank, Got shares allotted & he is now stuck, as he is not able to sell those shares through ICICI Direct, as ICICI Direct does not support SME IPOs. Please recheck with customer care once again, it will be difficult. My friend is resolving this issue still.
I faced issues in cadsys share selling in ICICI...you cannot sell your share on u r own ..you need to call ask them to place the order..Note whatever you are saying it will not taken in the system..ICICI will send mail to external broker and they will place order..Better to keep the sell price below market price and move..ICICI will not gurantee you for selling...dont Apply icici and Axis....
Hi Sunder, Recently I have added the sharekhan account in icici for share transfer...what is the time frame if we transfer the share 1 day or immediate ?
I apply via ICICI bank online using my RMoney demat account. If allotted will be credited to Rmoney directly, if not allotted, money will be unblocked in Bank
@ RVR : if you are transfering shares from ICICI Bank demat through ICICI Bank Internet facility (you should do registeration first) the shares would be instantly debited from your accout but the credit would appear in target account the next working day only
@ bhanu prasanth : you are right. I do not have another demat account and hence I do that