Hi, to all I am new to this esteem group. I have applied for 3 applications of each of 255 shares, in one application I got 17 shares & get balance refund. In 2nd one I got 17 shares but no balance refund, and in third one no shares nor refund. Any body can help me out & where i get the reason? As I’m new, where I should complain, there I have my DP a/c. or Registrar of issue Karvy ?
Attn. No.1870!! If you apply from more than 1-demat a/c(having the same name & PAN nos.) all of your applications would be rejected. The same thing happened for me for NHPC IPO recently. So pl. do not apply in the same name & same PAN no. Thanks.
did anyone got alloted from any ASBA account??, applied 3 applications thru axis bank ASBA and got nil allotment like previous for coal india and gravita
I agree with u Mr. Piyush we must start a campaign to reduce the limit to 1 lakh, for the betterment of small investors otherwise they have to quit from applying in primary mkt. India se beaurocracyy abhi tak nahi gaya aamir aur jyaada aamir ho raha hai aur jarib ka to koi naam hi nahi hai,,
A COMPAIGN MUST BE LAUNCHED TO REDUCE THE MAXIMUM AMOUNT TO ONE LAKH FOR ONE IPO APPLICATION IN BETTER INTEREST OF RETAIL INVESTER AND SHARE MARKET. PIYUSH NONAPAR
I think Karvy has failed as a registrar, I applied two applications at Karvy Haridwar office( engineers India and Powergrid) both applications are rejected, I am in share market from last 5 years , except these 2 applications not a single on paper application has been rejected till now, on contacting they told me 50% full application have been rejected , this is quite surprising for me. The allotment status of my father application was not even after 10 days, and after 10 days it suddenly appreared with no allotment( 0 shares) with faulty address in allotment statusit seemed that some illetrate person filled this data in allotment status,while the address in my father's Dmat account is perfectly correct, due to this till now refund has not come to us. One more thing to add, there can be no justification to 8/33 allotment ratio to 323 share applicants, as I have seen allotment figures given by boarders, till now I have not seen official data, eager to see this data. Karvy explin why these discrepencies in your work???
IF ALL SMALL INVESTORS UNITE AND DECIDE NOT TO SELL THESE SHARES,WE CAN LEAD SHARE PRICES TO HIGHER LEVELS,AS 35 % OF SHARES ARE IN HANDS OF SMALL INVESTORS,,,,FII S HAVE NO HABIT OF TAKING A MAJOR PROFIT BOOKING ON FIRST DAY OF SUCH A GOOD COMPANY,,,,,,,RATHER THEY TRY TO ADD MORE
1851. Ratan Dalmia, Cant you see the basis of allotment, you are saying applied for 408 shares, basis of allocation for 408 shares are 29 out of 38 applicants got 17 shares, so you are one of the 30-38th person whom did't got allotment, better luck next time and try to apply for full 2 lakh application, chances will be high.
Are you going to buy some shares of MOIL on listing day? What is your expectation about listing price and end of the day price target? Please let us know.