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ComputerShare

ComputerShare review: Misleading status of my refund 12

S
Author of the review
11:39 pm EDT
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Karvy Computer is Hyderabad based company working share registar. This is Total fraud company.
They have to send me my Reliance IPO refund check 2 months before I have already wasted lot of Money on phone enquiry.

Every time I am getting wrong information. They are lying everytime. Still I have not received my Check.
On theit online status shows that Money has been credited to my bank account which is also not true.

This is final notice to Karvy Computer Shares Ltd. Otherwise I will take legal action.

My request to Reliance and other big companies dont give your IPO registarship to such fraud companies.

Sandeep Jangam

12 comments
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G
G
Gaurav Paul
Apr 17, 2008 12:48 am EDT

I had applied for Reliance Power IPO for 225 shares and have been alloted 17 shares. But my Refund has not yet come back.
I have had numerous (to be specific - 150 phone calls and 76 emails to Karvy Hyderanad on STD (As I am in New Delhi)) but still have not recd. the refund because of their minute mistakes.
They had first credited the refund amount to my old account which is not active and so it was rejected, then they sent the Cheque to my old address where I do not stay now and so it also got returned through registered post.
I have got my new account number and address changed and updated to my DP Account and also give the proofs of the same to Karvy through email.
Then, they told me that they cannot do a direct credit again and can only send the cheque to my new address to which I agreed.
They sent me a cheque which can be used only with my old account which is not active and is closed, so I could not even use that cheque. I pleaded them to do a Direct credit to my new account mentioning the new account number and the proof of that account being linked to my DP Account and there has been a mail from Karvy stating that they have done the Direct Credit to my new account mentioned. I received this mail on 11th Apr and till now, the money has not been credited to my account.
On asking them again and going through the entire tedious procedure again, now they are giving me the information that the amount has been credited to my old account number again.

I AM FRUSTRATED NOW AND NEED HELP.
NOW, THEY ARE AVOIDING ME AND KEEPING DOWN MY PHONE, SO I AM NOT ABLE TO CONTACT OR SPEAK WITH ANYONE.

PLEASE HELP.
I PLEAD.
Application No. [protected]
Name: Gaurav Paul
City: Noida, Delhi NCR
DP Id: 302236

PLEASE SOMEONE HELP...

M
M
Mahesh Kumar Mishra
May 19, 2008 11:17 am EDT

I had applied for 225 shares of Reliance Power Limited through cheque number 500202 of Bank of Baroda Jaipur of Rs. 25875 through application number [protected].
I was alloted 17 shares. Kindly refund the remaining Rs. 18675.
My client id number is [protected] at Bank of Rajasthan Gangapur City.

Mahesh Kumar Mishra
C/O Phanni Soni
Chuli Gate
Gangapur City

V
V
Vandana Jain
Jun 19, 2008 11:06 am EDT

Respected sir/madam,

Earlier i informed you that...
Since the Year 1999, I have not recieved any 350 Rs/- amount cheque and any information related to cancellation of my shares so i am not responsible for that from your company, I have sent my original (10 shares each face value of 10 Rs/-) certificate for coverted in the new face value of 1 Rs/- and also the bonus shares on 19 may to your registrar communcation address
KARVY COMPUTER SHARES LIMITED

46, avenue 4, Street no 1

Banjara Hills,

Hyderabad - 500034

But till the date i have not recieved any share certificate, any letter and also any information about them.
Now finally i have decided to go with the Sebi's cutomer helpline and also with the CNBC TV18 Awaaz helpline for this issue.

Regards,
Vandana Jain
+[protected]
+[protected]

A
A
archana
Jul 02, 2008 7:22 am EDT

can anybody help me with a personal help,

M
M
murali krishna
Nov 14, 2008 6:05 am EST

This is Murali krishna Gadamsetty . I had taken UTI - Infrastructure Advantage Fund.
I haven't received soft/hard copy till now.
Below are the details Name : Murali krishna Gadamsetty
Application No: 8057218
Paid date : 18/12/2007
Amount Paid: 25000/-
How to get the bond copy from your organization.
please send the soft copy to my mail -id : murali_mf@rediffmail.com

Thanks & Regards
Murali krishna
mobile - +91 [protected]

S
S
Savita Devi Surana
Nov 17, 2008 1:33 am EST

Ref:Demate A/c No.[protected] Savita Devi Surana
Sub: Allot 1 Bonus Shares of Reliance Power.

Dear Sir,
I have purchased 20 share of Reliance Power. As per your bonus shares declaration I should be received 12 shares of Reliance Power but I have received 11 Bonus Shares of Reliance Power instead of 12 Shares of Reliance Power. 1 (one) share short received. So, you are request to please allot the 1 (one) Bonus shares of Reliance Power in my demate account. The details of which is given below-
IPO Allotted Purchases Total Purchase Bouns Received Short
17 Sh 3 Sh 20 Sh 12 Sh 11 Sh 1 Sh

S
S
shuchi sanon
IN
Feb 06, 2009 6:39 am EST

It has been a year now that i have not got my refund for the for the reliance IPO. i have been communicating over email with Karvy and now they have stopped respondong to my emails as well.

please help .. can anyone let me know how to contact or how to get the refund back?

shuchi sanon

S
S
shashi bhushan mangal
IN
Feb 07, 2009 7:22 am EST

FOLIO NO.[protected]
pl.refer to ur letter dt 1.1.09 regarding non receipt of 10th instalment dt.29.02.2008. I have already deposited Rs.1500/- vide ch.no.503691 dt.10.01.2008 depositedwith UTI bank, delhi vide their receipt no.82373 dated 23.01.2008. The said cheque was paid on 01.02.2008. So, pl.remit the proceeds immediately after taking into account the 10th instalment with retrospective date. The above uti ulip is maturing on 09.02.2009. my CA no.[protected] state bank of patiala, mini sectt. gurgaon with micr code [protected].
sd/-
shashi bhushan mangal
[protected]

G
G
ggladstone
US
Sep 18, 2018 8:09 am EDT

I have been attempting this transfer since January 2017. I have spoken with countless representatives and filled out the same transfer forms over and over again. We were even charged a fee for the transfer and here it is nine months later and my shares have not been transferred out.

Can anyone help me?

C
C
Carley Mark
US
Oct 11, 2023 11:23 pm EDT

Different opnions and perspective

T
T
Tonia Liasm
US
Oct 12, 2023 4:05 am EDT

Different opinions from every aspect which is very good

S
S
Stacy Littlejohn
US
Nov 13, 2023 2:32 pm EST
Verified customer This complaint was posted by a verified customer. Learn more

October 19 I made a request to sell my shares over the phone and it didn't get processed had to call back and request it to be done again putting my family in a bad situation of losing my home

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