Comment on Quant - Flashback

Satyam Itankar commented on 11 Sep 2017, 03:39 PM

Dear Sir,
I had brought Apex Frozen IPO through Bank, after listing it was credited to my account on 4/Sep/17. On 8/Sep/17 I sold 80 quantity at the rate of Rs.241 at 9:27:43 AM.
Hence the transaction was squared off later. I brought 100 quantity at 10:37 AM at the rate of 256.95 and still holding it. (not Squared off)
but in Position statement it is showing Rs. 1276 loss. when I called customer care executive. he was saying me that my calculations are wrong and was arguing with me and saying ” you can complaint to anyone” but we will not correct it.

Later in profit and loss statement it was showing the same thing. then I again called customer care on 11/Sep/17, the guy seems to be knowledgeable one. he understood my problem and told me that it needs to be corrected manually as the IPO entries are shown like this and it doesn’t calculate avg buy price correctly in IPO. please look into this and correct. Also please provide IPO facility through Zerodha.

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