I have applied 4 lots but alloted NIL.Till date I have not got any allotment from Karvy in several IPOs.There is some irregularity in Karvy Registrar.I got allotment when Link time is the Registrar in several issues.Karvy is unprofessional and manupulating in allotment process.
i got easy allotment in apex as the registrar was not karvy. it is very very upsetting to get 0 allotment in every IPO where there is a good scope for gains. this will not stop until karvy is in the business. every investor should make as many complaints as possible against karvy now or be ready to get more no allotment emails
2 / 0 Dear Friends If u applied in ipo and you are not selling application in grey market, you have not alloted any shae but if u sell it in grey market you have 100% alloted. Thats the setting of karvy. If u not belive try it in next ipo.
I think you need more of knowledge. There is no point in applying more than 1 lot in single application in highly subscribed IPO. You put just 2 application and ratio is 1:16. So better, increase by applying for more applications i.e. more PAN and more demats...
1052.3. lokes| Link| Bookmark|
September 21, 2017 10:16:12 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@Akshayjain :
how to get more pan and more demats....PAN is one for one person....not so simple as you said....
1052.4. lokes| Link| Bookmark|
September 21, 2017 10:19:10 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its not some online shopping so that u can create many account for benifits.... no one will give you your pan number and no one will easily open to demat account...and if anyone having demat account also in family friend then also so many things like profits , taxes etc....
There is no other option. But i believe u just understand that applying more than 1 lot from single application is of no use. Dont unnecessarily block your funds...
1052.6. lokes| Link| Bookmark|
September 21, 2017 10:23:27 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i applied more lots because while applying i was not knowing that it will over scribe that much that lottery will happen, so that i can get more lots if its not much oversubscribed...i applied second day only...
1052.7. Aniketiaf| Link| Bookmark|
September 21, 2017 10:30:09 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Friends, you cannot complaint directly to SEBI, you need to first contact the service provider, in this case karvy and if they dont give a response or satisfied response then only you can goto SEBI with the evidence.
Same here bro..the only allotment that i got..was in endurance tech..i had applied in almost every IPO (RBL,BSE,CDSL,DMart,salasaar,dixon,Apex,AU,cochin,hudco,shankara,music,GNA) but didn''t got any allotment. don''t know what''s wrong.
Karvy wale bahut baiman h brnl,dixon,capacit''s infra kisi me bhi allotment nahi di...baki ipo''s me bhi nahi denge ...sbi life, icici lamboared....so sad for me.
Mai to soch raha hu ki sbi life,icici lamboard me allotement na de hamko ,,,jis din se capacit''s infra ko apply kiya tha us din se mai bhagwan se mana raha tha ki allotment mil jaye kam se kam1 lot hi sahi...ab usi tarah se aaj se mana raha hu ki sbi aur icici ki allotment na mile taki Karvy ke khilaf mai achhe se case bana kar complaint kar saku...Lucknow u.p. me SEBI ka office mere office k pass me hi h paidal ja ke 2 kadam pe, written complaint karunga weha ....eldico chamber 4th floor vihhuti khand Lucknow U.P. 226010
It''s not a scam. I have noticed one thing in karvy is that if you apply for just one lot on first day of the issue you will be allotted. I handle 2 demat accounts me & my friend''s. I applied for one lot on first day & full lots on last day with Dixon & Capacite both. Both the times one lot which was subscribed on day one got allotment & full lots applied on last day didn''t get allotment.
All of you guys try it out & hopefully like me you will get allotment.