IMPORTANT To check your Status of Karvy. Please do not put first number of your application form. For ex. if your Applicaton Number is 5 5567456 then put 5567456 not 55567456. you will get no error.
I am surprised to go through newspaper report that Reliance Power that applicants of less than 15 times of a lot will not get any allotment of shares. The retail portion is oversubscribed by 13.6 times. In such case, the general rule is that even a applicant of one lot stands a chance of 1:13.6, similarly applicant of two lots has a chance of 2:13.6. How come RPL can change this general rule and whether SEBI permits such arbitrary change of rules?