Inconsumercomplaints.com » Miscellaneous » Review / complaint: Karvy Computershare Pvt Ltd - Power Grid Corporation Refund Order Not received | News #357572

Karvy Computershare Pvt Ltd
Power Grid Corporation Refund Order Not received

Dear Sir/Madam,

This is to bring into your notice that I had applied for Power Grid Corporation IPO (Application No:

12398789). An amount of Rs. 97500 was debited to my bank account for the same. I was finally allotted

286 shares of this IPO. The residual amount was refunded to my account at Kalupur Commercial Bank at

Ahmedabad. The same account however had been closed two years ago. But the change of the bank was

not updated at my demat account with Indiabulls Securities Ltd. I had got made the required changes

with Indiabulls Securities Ltd; and a copy of client master list reflecting the same changes was

submitted to Mr. Rajan at Karvy's Vile Parle office on 11th November.

I received a refund order cheque (cheque no. : 007130) on 10th of December but sadly enough,

the bank name was still The Kalupur Commercial Co Op Bank Ltd.

I had surrendered the said cheque to Karvy's Andheri-west office to Ms. Vishakha/Neelam along

with the client master list and one application on 20th of December.

Since then i've been following up endlessly with Karvy's Andheri-W office, but there was no clear answer.

Vishakha/Neelam kept telling me that i was going to receive my cheque in the 'next week'. But this NEXT WEEK never came.

Requesting you to take this matter up with the respective people at Karvy and get me the refund along with the interest amount.

The full address of Registrar is as follows,

Karvy computershare Pvt. Ltd

Power Grid Corporation of India IPO

Karvy House, 46, Avenue-4

Street No.1

Banjara Hills, Hyderabad-5000034

Thanking you in anticipation,

Yours truly,

Dharmendra Surana

Cell: 9324521628


Company: Karvy Computershare Pvt Ltd

Country: India

Category: Miscellaneous

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