I am always have this gut feeling that there is something going on internally in the KARVY. No matter what the basis of allotment issuer company decides,people rarely gets allotment where KARVY acts as registrar. They have there preferred list of PAN to whom they allot on prior basis (subject to the good listing gains) and then roll out lottery system for rest of the remaining PAN. This should be highlighted.
Applied 2 applications for both Happiest mind and Route mobile from two demat accounts but nil allotment. Why I am not getting allotment for the last one year except prince pipe and Yes bank.