Inconsumercomplaints.com » Business & Finance » Review / complaint: COAL INDIA - Non allotment of shares | News #175355

COAL INDIA
Non allotment of shares

Dear Sir,

I am a retail small investor who had invested Rs 98000/- in coal india

a government company to earn something which is now becoming a

nightmare for me because i have trusted few people whom i should not,

My application number is 33451962, in which i have applied for 400

shares and issued a cheque of Rs 98000/- in favour of "Escrow

Account-Coal India-R" cheque no. 000010, bank: BOB, The money was also

debited for the same from account., my broker told me that it is firm

allotment and i have also been alloted 199 shares towards my

application and i have sold 99 shares on the day listing @ 340 but

today they informed me that there is a shortage and when i checked

there were no allotment of shares in my dp-account,

i have called to 02225960320 for information, they have told me that

application was rejected, when i asked them the reason they told me

that i have provided wrong demat id, but i had the photo copy for my

application in which i have entered all correct information, so they

told me that at the time of bidding, the person or company who had did

the bidding might have committed the mistake, and for that i need to

speak to person whom i have gave to form.

When i contacted at Safal investment kamdhenu complex ahmedabad, the

person was Mr. Naman 9375226620, who misbehaved with me and told me

that there is no mistake from their side and bidding process is

conducted by Enam Securities, but he was not giving me contact number,

Atlast he accepeted that it was their own mistake but they cant do

anything as many application gets rejected and i was also one of them,

I hope u look into this matter and small investors like wont get

harrassed or losses

looking forward to your reply

Regards

--

Dinesh Goyal


Company: COAL INDIA

Country: India   State: Gujarat   City: Ahmedabad

Category: Business & Finance

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