Rural Electrification Corporation Ltd. IPO Message Board (Page 3)

I have applied for 300 shares, i was alloted 60 shares. But still I have not recieved refund money. So plz anybody can tell me, that i have to wait or to contact the consultancy regarding the same ?

I have applied for 120 shares of REC, but could not alloted any shares and could not get refund by this time now. Kindly help me

I also got refund

I got refund in PNB thru ECS.

i hv applied ipo for 180 share, no any allotmnt.
but no problem purched from market yestrdy in 108rs 100 sh.
good.

I DON'T GET REFUND PLS GIVE MY REFUNGD SOON

To N K Chitkara, JPS, M D Noorani

I have received refund by Cheque, though i have applied through icicdirect. So dont panic, expect it may come by cheque. If any problem in refund, karvy has to give answer and they should give interest for the belated refund.

REC IPO App no. 71060059 neither refund nor shares recd in my demat a/c. I had applied online thru Religare securities. Now Karvy is saying that my DP ID / Client ID is incorrect. I have checked the same at Karvy's site and found it to be correct. Now, how can I get refund and demated shares?

Refund problem - I don't know whats wrong with Karvy?? I hv not yet recd refund in my ICICI account (Mum). Sebi is telling abt making the ECS mandatory, hope it becomes operational soon.

Sun Outage Story :-

A sun outage is an interruption in or distortion of geostationary satellite signals caused by interference from solar radiation. The effect is due to the sun's radiation overwhelming the satellite signal. Generally, sun outages occur in February, March, September and October, that is, around the time of the equinoxes. At these times, the apparent path of the sun across the sky takes it directly behind the line of sight between an earth station and a satellite. As the sun radiates strongly at the microwave frequencies used to communicate with satellites (C-band and Ku-band) the sun swamps the signal from the satellite. The effects of a sun outage can include partial degradation, that is, an increase in the error rate, or total destruction of the signal.


Effect on Indian Stock Exchanges

In India, the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) use VSATs (Very Small Aperture Terminal) for members to connect to their trading systems. VSATs depend upon satellites for connectivity between the terminals/systems. Hence these exchanges are affected due to the sun outage. These exchanges normally remain closed from 11:45 to 12:30 during 'sun outages', but times vary depending on the scientific factors. The interference in satellite signals disturbs smooth transmission of data of online transactions, hence these share markets remain closed for the duration of sun outages. Due to these outages, the trading sessions are normally extended in the same day to compensate for the lost time. In September 2006, however, only the NSE intended to shut down during the sun outage; the BSE did not. The reason for which is unknown.

i have no recived refund of recltd please help me

there are so many jyothishies in the share market who predict prices of stocks and the corrctness of their predictions will be similar to that of the original jyothishies(if somebody preicts the sex of a child before delivery, the probability wil be they will be right on 50% times). so don't worry, enjoy the predictions & take them with a pinch of salt and act on them at your own risk. the advantage will be that you will get to know the mood of people.

I have applied REC for 300 shares through icicidirect. No share allotted for me, refund also not yet done. In what basis they have allotted the shares. Kindly clarify me.

i have applied rec ipo through icicidirect but i have not received the amount of refund can anyone tellme how to make complains to sebi or any other places,though i git 121 shares,if this is the way
the investers all fooled i will never ever apply for ipo it is better to buy from secondry market.

IFNOBODY SHOULD WRITE ANY COMMENTS IF HE IS NOT CONFIRM ABOUT THAT NEWS ,SOMEBODY HAS WRITTEN THAT TO-DAY REC WILL GO DOWN TO Rs 90.00. WHAT HAPPENED? SHOULD HE NON BE SORRY ?

three mounth prespective on rec

where i check the refund status on kravy site

AARaja

Tell me people who do not have access to net and has option to apply online.

If they apply through Integrated and other agents, Is this their responsibility to pay the REFUND

Or Karvy Responsibility to give the refund .

This is karvy

You have got refund. You are saying . This is not fare. Time will come and you will face the same from Karvy. Wait

Hi,
Refund is dependent on your Brokerage house through which you appied for the IPO and not on the Registrar (Karvy or Intime).
I have been applying thru ICICIDIRECT and always i get the share s and the refund amount on time without any issues.
Stop blaming Karvy or any registrar.
regards,
AARaja

Everybody is giving to Karvy. It happend with Refund issues of
RPOWER and the same case is with REC. The whole board number
is engaged all the times.

Very Very Poor response and investor service by Karvy. God Bless Karvy and Investors of India