NHPC allotment show is finally over. I congratulates those who have got the shares .Now who have got and also those who have not got must be worried about getting their money back .Here are the rules for refund
once allotment is finalized , Issuer submits shares and they are paid the money by Escrow Banks or ASBA bank, simultaneously these shares are credited in applicants demat a/c and refund auto generated is made as below
1. by ECS if you are in cities covered for ECS centers , list of same is printed on first page of application form too.this process complets in two /three days after allotment and depending on city
2.ASBA applicants also get money unblocked in same time
3. If you are not covered in ECS centre then by cheque which may take 3 to 7 days due to postal delays.
Generaly all refunds are recieved by applicants by the Listing date.
IF you still do not get your money back by due date you can contact
Mr M Murali Krishna KARVY TOLL FREE NO 1800-345-4001 EMAIL ID [email protected] 040-23420815