I always apply for IPO through ICICIDIRECT and get the refund on time irrespective who the registrar is. I guess refund duration depends on your broker rather than the registrar. May be all those who complain against INTIME apply offline?
My dear i am glad to see several bad opinin regarding INTIME SPECTRUM.
My dear friends please ignore this issue. Intime spectrum is really sucking people money and making money. Please spread this news to company and intime people.
So atleast they can understand the pain of hard earning money of people.
This Co. has a background of providing good Quality Products to the market, many other ventures like amusement park, textiles etc.
The Co. is growing and has to establish its brand in a wider market, good presence in South India, but no idea about any firms listed in any stock Exchanges
INVESTORS BE CAREFUL..ITS INTIME REGISTRAR It took 15 days for them to provide my refund. They give lame reasons if asked for direct credit into my account. and why don't they credit money directly in my account when other Registrars like KARVY, etc are doing so.
Please avoid all the issues if register is Intime spectrum, i have experince with them, I have applied one of the IPO where INTIME is register three month back still I have not received the refund.be carefull if the register is INTIME for the issuees. they never reply to your call or E Mail or Fax or Letter..still I am waiting for the reunf of 50,000
Intime Spectrum is the worst registrar of available Better to avoid issues when intime spectrum is the registrar
I agree with Bhanu Intime people are careless,incompetent,inefficient. In the BGR Energy issue they had changed the applivants name and sent the refund draft in incorrect nam as "NNSINI MISHRA" .after writing and phoning number of times they sent refund in the right name only after one month and causing the investor lots of missed opportunity and financila losses.the said investor couldn't apply in many ipos ,also the investor missed opportunity in secondary market.They send money without payong delayed interests. I totally agree what is said here about intime INTIME HAS ATENDENCY TO DELAY REFUND AND THUS BENEFITTING FROM OTHER'S MONEY.I THINK THEY INVEST SUCH MONEY FOR SHOT TREM GAIN
Regstrar is Intime. They are master in screwing up the things. Central Bank , FCH and many more exp. are already there. It does not matter what is the size of issue they are going to take infinite time for refund. Please do not apply .... can somebody pass this message to intime ...