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| Discuss ICICIDirect doesnt send all the IPO bids to stock market at the Initial Public Offers (IPO's) within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi, It should be something like , when you purchase a Pentiam processor one can ... |
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#11
13th September 2005, 08:59 PM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
hi,
It should be something like , when you purchase a Pentiam processor one can check its originality by visiting its official website by entering serial no. dealer etc. here web sites of issue registrars are not of that levels.lets hope for better days. thanks sharv. 
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#12
14th September 2005, 04:56 PM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
I also do not have confidence with icicidirect. I applied for Sasken (#150), IDFC (#500), RamRupai (#500), MSP (#500) and still I got not a single allottment. I doubt about it.. I was thinking is it only me and my luck or it is ICICIdirect?
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#13
15th September 2005, 12:16 AM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
after reading this thread i am really confused
even i am an icicidirect member and i am interested in applying for the ipo of southern online bio technologies through icicidirect.com but now after reading this thread i dont know what to do isnt there anyone who has actually got alloted after applying from icicidirect.com ?
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#14
15th September 2005, 12:55 AM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
following is reply from Icicidirect regarding IPO's
"The IPO's allotment will be are entirely taken care by the registrar of the company and totally depends on the discretion of the registrar. We request you to contact the registrar of the company to have further details." now u know where Icicdirect stands regards ragh_ash
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#15
15th September 2005, 11:10 AM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
To recount my experience, I have applied for Biocon, TCS IPOs through I-Direct and got allotment. However, I did not get any allotment for Bharati Shipyard, Dwarikesh etc., the list is long. I have stopped trading through I-Direct for the past six months. I have applied the unfancy way of filling up forms through IndiaInfoline (aka 5Paisa). I got allotment in EVERY IPO so far (Only Talbros is pending) : India Infoline, Yes Bank, Nectar, even IDFC.
I am not sure if the lack of allotment is due to I-Direct. But, is there anybody who has consistently got allotments applying for IPOs through I-Direct ? A contrarian view would be helpful here.
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#16
19th September 2005, 07:38 PM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
I am not sure if this is the case. This is the first time I haven't got the shares via ICICIDirect. Previously I got TCS, Allahabad Bank, HTMedia, etc all from ICICIDirect. I think it is more to do with the allocation method company has adopted. I have also heard that whoever applied for the maximum cap (Rs 1,00,000) got the shares via ICICIDirect. But how true is this, I have no idea.
However, ICICI have there own set of problems. I lost a good amount of money because of issue with their system on 18th August. Till date they haven't paid me back (they promised me to pay back the loss and the brokerage). Every now and then I remind them and get same answer that we are still working on the refund.
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#17
30th September 2005, 09:05 PM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
I had also applied many times through ICICI DIRECT.COM . But when I checked my allotment on Karvy.karishma.com it always shows the STATUS. So, they are sending our entries/money to the concern. But i am also surprising that I also NEVER got any allotment through ICICI DIRECT.COM
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#18
4th October 2005, 09:01 PM
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Re: ICICIDirect doesnt send all the IPO bids to stock market
i am currently using ICICI Direct account and am very new to this field of speculations and quotes.... but i want to make my share of profits here
 After reading a few messages in the begining am little confused  . Can anybody enlighten me abt ICICI Direct disadv over other brokers like IndiaBulls/ ShareKhan and others...
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