Refund of Bharti ShipYard


New Member
I applied for BhartiShipYard IPO through ICICIDIRECT.Till date,neither shares have been alloted nor refund has been made.
Tried to contact In time spectrum registry office but in vain.
ICICI help desk advise me to contact the registar for this.

Please let me know how to go about this?

Your best option is to pursue the regsitrars of the issue!
They had sent the refund by cheque. And even for Dena Bank IPO they are going to send the refund by cheque. Tell the registrars that you did not receive your cheque.
icicidirect has all-in one services. If one is not alloted the amount should be credited back to the same account ??!! I am new to this stock concepts but seriously thinking to choose one online broker & invest.

What about a person staying in another country? If IPO is not allocated then how he will get money back ?

please enlighten me on this.

thanks & Regards

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