ICICI FPO part payment method. help please.

I applied for ICICI bank FPO lured by its 50 rs discount and I am happy about it.

Now, I need to pay the second part of payment rs 250 per share.

I dont know how to pay. I am out of station and there is no one who can collect the notification mail and send it to me. Can anyone help?

I read the content of letter on moneycontrol board. (see below)
Is this correct. why 3i infotech is involved?

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To make the part payment of the ICICI Bank FPO (Follow on Public Offer) , you need to follow the below mentioned instructions:

1. The Registrar for ICICI Bank FPO has sent the Call Money notice to all its shareholders to make the part payment.

2. The last date for part payment is July 26, 2007. On receipt of the part payment from its shareholders, ICICI Bank would get its Rs 500 paid up shares listed on the exchanges within 15 days i.e. by August 10, 2007.

3. Shareholders are required to pay the balance amount through an Account Payee Cheque or DD payable to 'ICICI Bank Limited- Allotment Money Account 2007 ' .

4. The call money notice along with the part payment Cheque /DD must be presented at the ICICI Bank branch.

The list of branches accepting the part payment are mentioned on reverse side of the call money notice. However, shareholders residing at places where there
is no ICICI Bank Branch may send a DD payable at Mumbai in favour of ICICI Bank Limited- Allotment Money Account 2007 ' and crossed Account Payee Only along with notice by registered post or present it personally to the following address:

3i Infotech Limited
Maratha Mandir Annexe
Dr. A. R. Nair Road,
Mumbai Central
Mumbai 400 008.

5. The ICICI Bank FPO part payment amount can be paid only at the three ICICI Bank branches in Mumbai. The address details of the same are mentioned below.
The complete list of centers is provided on the reverse side of the Call Notice sent by the registrar.

Mumbai addresses :
1) Fort
Capital Market Div-30
Mumbai Samachar Marg,
Mumbai 400 001.

2) Andheri
Sagar Avenue, Ground Floor,
Opp. Shoppers Stop, S.V. Road,
Andheri (W), Mumbai 400 058.

3) Ghatkopar
Kailash Plaza, Final Plot 355,
Vallabh Baug Lane, Opp Odeon Cinema,
Ghatkopar (E), Mumbai 400 077

6. Please write DP (Depository Participant) ID / Client ID and notice number on the reverse of Cheque /DD before depositing it at the bank branch.

6. The Bank branches mentioned in the call money notice will not accept any payment after the due date.

For payment made for the balance amount after due date, an interest at the rate of 15% per annum for the delayed period would be levied. The Demand draft for the delayed payment should be sent by registered post or present personally at the above mentioned registrar address.

However, in case of non receipt of the call money notice, you need to contact the registrar of the company.
Please find below the contact details of the registrar for ICICI Bank FPO :

Karvy Computershare Private ltd
Plot no. 17 to 24, Vitthal rao Nagar, Madhapur, Hyd - 500 081
Tel : 91 40 23431553/ 040 23312454/23320751/022 26730799 / 022 26730843 / 022 26730311/022 267030153
Fax : 91 40 23431551
Toll Free : 1800 345 4001

Hi All
I just joined today in the forum. Its a great place to share info. I thought I should one of the issue.

Since I had 100 share of ICICI, I applied for another 108 share thru i Direct as a retail shareholder and it was accepted. I put the price as 885 on the 1st line and it was accepted. Rs 27000 was deducted. Then now I see that my money has been refunded. I telephoned to phone banking and they said sorry, u have not been allotted. One of my friend said it can happen and its ur bad luck? I generally do not apply for IPO.

Can any of u explain whether I did any mistake in applying or can I complain now because my friend had applied for 30 shares and he got all the allotment. Is it all luck? This has really confused me?

Deepak

U applied below the cut-off price, which is 890 rs. Had you applied for 890 (retail with 50 rs discount) or 940 rs, you would have been allocated.

I applied at the price band 900 (retail, equivalent to 950 rs without discount.) 950 is higher than cut-off. So I got allocated.

Thanks a lot dear for replying. I did not know what all this cut off means and which option to choose and how much price to put though i just wanted the allocation. I just put it blindly.

Thanks again for the quick reply
Deepak

I applied for (ICICI FPO) 30 shares and got all 30 shares alloted. I chose the payment option I . I paid @250/- while applying through ICICIDirect. Is there anyway I can pay the 2nd payment of @250/- online. or it will automatically be debited to my linked account. I am currently out of india on a business trip ofr few months so unable to collect my call money notice. What could be the way for me to pay my 2nd payment?

I'm looking for similar help, and thats why I started this thread. Anybody can you please post your call letter's content.

Visit the url to print the Duplicate Call Notice for ICICI

http://karisma.karvy.com/karisma/html/index.htm

You can get a duplicate copy of your call notice for ICICI Bank scrip from this url: http://karisma.karvy.com/karisma/html/index.htm.

Just provide your application number and you will see the call notice on screen. You can either take a print or send an email.

Many many thanks bhavesh08, and to traderji site as wel.

Thanks a lot for posting that... Can we trade these partly paid shares after the second payment?