keep faith in Anil Ambani , he will do anything for good listing, bcoz after this issue he is bringing reliance infratel , and if there will not be a good listing , then no one will subscribe for reliance infra tel , its my point of view.
hey neelam, I checked ur app. no. at karvys site, there is not mentioned ur bank details and no anythinf about ecs system, in my opinion u will receive cheque by post.
I feel, it will go up till 675 Rs and will get down till 375 Rs in 2 to 5 days. People look for short term play with share market can earn lot on this.
I have written a mail to SEBI on email address provided by 5589 Rajesh. The text of the mail is as under:
Other please join this appeal - write to SEBI / Stock exchanges
Sir / Madam
This is with reference to the delay in allotment of shares and issuing refund order on time to the investors observed in Reliance Power issue which is being listed on Monday 11th Feb 2008.
The issue closed on 18 Jan 2008 and till date I have not received the allotment or refund of my application money in three applications (47927781, 47927768, 47927767) done by me and my family members. Same is the case for most of the other investors like me. Still the company is planning for listing on Monday 11th Feb 2008.
I wish to officially lodge a complaint against the company and its Registrar - Karvy Computershare Pvt. Ltd. who has failed to respond to investor queries and also in coming out with a timely allotment and refund of application money. I have tried tens of times to contact Karvy office on its toll free number which asks to dial in the application number and gives a standard response that no data is available. The other number 040 2342 0815/ 0816 is always busy even if you dial it at 10 pm in the night.
Their website requests you to enter the entrie application form details and then shows an error or a message stating details not found. This is a very serious lapse and delay on part of a reputed firm like Karvy Computershare wherein the investor is kept in dark for alomost 21 days without knowing whether he has been alloted any shares or not and more so by using investor money at the cost of lakhs and lakhs of investors.
I appeal to you Sir / Madam at SEBI to please stop the listing of this issue on Monday 11 Feb 2008 unless and until the entire allotment is completed, monies refunded with interest for the delayed period and shares credited to the investor demat accounts.
If SEBI does'nt react to such irregularities, the retail investor will lose faith in SEBI as a controlling and governing body.
From a hopeful investor, still having faith in SEBI
can anybody help me out? I had applied for 225 shares of reliance ipo through an agent out of which I got 17. But the agent did a mistake while applying. He put my father's name & my demat a/c number on application form. Now although 17 shares had been issued for application form but not a single is credited to my demat a/c. My father doesn't have demat a/c. do they check name & demat a/c number both before crediting shares to a/c? Instead they should have done it before alloting the share for application form. do anybody have any suggetion/ idea which will help? i neither want to loose those 17 shares nor want to open an demat a/c for my father. pls reply.........
guys i have received refund or shares from rel , i dont know what karvy people are doing , hae written so many mails to karvy as well , applied thru icicidirect.
Hi Guys Dont loose your confidence on rel power, It will definitely have a good listing,The so called experts make statements from the bookish knowledge they have rather than undersatnding the psychology of the investors,all the investors have full faith on a good listing of Rel power.Dont loose your heart ,Be barve , cheers