What is the gain these guys can make by keeping the money from investors for another day or two.... The IPO has attracted a lot of funds. What is the difference between the Bank Rate and the rate which these guys will provide us for the blocked money...
It is a great shame to the Karvy not able to finalize the allotment process in time and upload the allotment details into its website. The time has come to change the working style their own according to the need of hour or else they will lose the market share.
http://karisma.karvy.com/investor/jsp/basis_dynamic.jsp (in this link allotment status not be open and what is meaning of category any body knows that)very third class work of karvy
No dear Chin, I m an investor & work in a KPO and has nothing to do with Karvy. I just want all the investors not to expect too much service orientation from poorly-managed companies like Karvy, Intime spectrum etc. Just because our participation has limited bearable impact on their business and they are directly paid by investor bankers and the company that brings IPOs, they r least concerned to offer effective services to investors like us.
Dear Mr. Bhavik Bagadia, Y u blame Karvy to take care of yr money? Hv they requested u to give them the services? U yrself invested in IPO with the hope of gains and fr that u took risk. Brother, instead of blaming others better go for ASBA option and be custodian of your won Money. Karvy will look for its own interest any you took care of yr own.
I am not blaming to take care of my money.. I am talking abt service which Karvy has to provide as registrar. Even ASBA block ur money. If u know accounting and if u care for ur own money, U should care for a single Rupee. I just blaming Karvy as they people always make all d things late compared to other registrars.
Pls dnt take personally. Its just my views after doing business since last 8 years in this field.