adani wilmar ipo shares alloted but groww says shares not allotted

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jeff_bezos_a...

i have applied  adani wilmar ipo shares for my sister she had received allotment as i received message from cdsl that shares are credited and thr registrar also sent mail that shares are alloted on 4th feb but today around 2 pm she received a mail from groww that says adani wilmar  shares not alloted but the thing is in groww also i can see adani wilmar  shares are alloted for her and i verifed holding too just now . so what can be the issue. 


one important point my sister name is ullta in pan i.e instead of  AB CD her name in pan is CD AB . so i am thinking can they remove shares after alloting due to this issue

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bikidas2060 wrote:

dont worry. It must be a human error bybGroww

buddy just now my mom received  “IPO shares allotted: Adani Wilmar” email from groww .so i think it must be not human error. both my mom and sister had applied for ipo and both got alloted however sister has error as mentioned above. the thing is my mom account i had previously used to buy and sell shares but my sisters acc this is the first share/ipo purchase.

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i had doubt whether allotted shares can be reverted ? the blocked money is debited from my sisters bank acc though

Hunk Hunk
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jeff_bezos_amazon_owner wrote:

buddy just now my mom received  “IPO shares allotted: Adani Wilmar” email from groww .so i think it must be not human error. both my mom and sister had applied for ipo and both got alloted however sister has error as mentioned above. the thing is my mom account i had previously used to buy and sell shares but my sisters acc this is the first share/ipo purchase.

buddy, I was talking about this “received a mail from groww that says adani wilmar shares not alloted but the thing is in groww..”

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bikidas2060 wrote:

buddy, I was talking about this “received a mail from groww that says adani wilmar shares not alloted but the thing is in groww..”

ok lets see everything will become clear on listing date

Hunk Hunk
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jeff_bezos_amazon_owner wrote:

ok lets see everything will become clear on listing date

See, if you have shares in your demat then that’s the truth. 

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bikidas2060 wrote:

See, if you have shares in your demat then that’s the truth. 

yes shares are visible in groww demat account


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jeff_bezos_amazon_owner wrote:

yes shares are visible in groww demat account


Once shares are credited to demat acc they can’t be reverted without demat acc holder’s consent/contract(aka sell/pledge txn).

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