Online applying through ICICI is a big problem. They people are incouraging, that u should use ICICI direct, Where Sebi has already given the direction that five applications can be logged from one account, ICICI is still avoiding such regulations.
I met Branch manager of Jaipur Mega branch, Manager ICICI Direct, also I emailed my issues at customer care ICICI but no proper response from any body.
My Mistake. Do not waste time searching for it. I myself could not find it myself on Google Play Store. Investor review is Bakwas Application, Fraud Company
Some careless guy in the IndusInd team makes a mistake and the court makes lakhs of investors wait. Somebdy could argue that "mistakes do happen", but then even a retail guy can make a mistake. The rules should be same for everybdy, whether they are applying for 1.71 crore shares of a single lot.
ICICI Bank recently permitted IPO application for dmat (other thantheir own DP). I applied for 3 application in MGL through ICICI. While 2 accounts are showing order pending status in the IPO column, third account is not showing any pendency. Moreover amount has been lien marked in the third account. Whether they can earmark the amount without making any application.On my complaint at least I got 10 call from their telebanking, butnobody understand the IPO.I think ICICI should should put trained officers in such areas. Can anybody share such kind of problems and guide where to lodge complaintso that action be taken by SEBI/RBI on such mismanagement by ICICI
Dear Mr.Agarwal I am Amit form Jaipur I too faced the same problem, last time in ujjivan and this time in MGL In ujjivan I could not understand that who should i discuss the matter at ICICI, as there were no body understand this issue.
But this time in MGL case I met Branch manager of Jaipur Mega branch, Manager ICICI Direct, also I emailed my issues
and later on I found that they have created an option for online IPO but still if you want to apply for others it would not be possible yet.