I have applied for adani power IPO for a mere 65x6=390 shares at cutoff i.e rs. 100/-.
IciciDirect has deducted from my account Rs. 39000/-(390x100) from my account yesterday.
Now the issue is I read somewhere that SEBI has issued some circular that the amount should not be deducted from the account untill the customer is given allotment of the shares.
I wish to know if the above fact is true.....
IciciDirect has deducted from my account Rs. 39000/-(390x100) from my account yesterday.
Now the issue is I read somewhere that SEBI has issued some circular that the amount should not be deducted from the account untill the customer is given allotment of the shares.
I wish to know if the above fact is true.....