AVOID A2Z IPO................ RAKESH JHUNJHUNWALA---NAAM BADE OR DARSHAN KHOTE, FRIENDS KEEP IT UP, ALL BLOGGER VERY GOOD JOB, TO SAVE ALL RETAIL INVESTERS IN ALL THIS KIND OF BAD IPO. AND LAST AND NOT THE LEAST THANXXX TO CHITTORGARH SITE.
Dear Sir, This is regarding the IPO of A2Z MAINTENANCE & ENGG LTD which opened on 8/12/2010 & closing today 10/12/2010. As the issue got subscribe to 4 times in HNI category on the first day. But today upto 2PM the issue subscribed to 1.04 times, But at 3 PM it subscription decreased to 0.53 times almost major HNI withdrew there APPLication. I think there were some insider subscriber who got subscribe the issue with the intension cheating the small investor. Once the issue got subscribe they withdrew there application.
I request the SEBI official to investigate the matter that who were those HNI & why they withdrew at the last moment it is in the welfare of the small investor who are losing there hard earned money in this type of IPO .
Please withheld this IPO & if found guilty please ban this issue permanently.
Dear Friends, We all must send a mail to sebi@sebi.gov.in about INSIDER SUBSCRIBER & should have banned this Issue. I request all the investor to send a mail to sebi by SUBJECT INSIDER SUBSCRIBER, let SEBI find out who were the HNI SUBSCRIBER who withdrew at the last moment & WHy.
Finally, A2Z got its lesson which tried to fool investors in the name of Rakesh Jhunjhunwala. It was an highly overpriced IPO and it seems some QIB or NII(s) withdrew their application after realising that only jhunjhunwala was going to make money. Another crap out of the market..
Dear Friends, If we unite like this nodoubt nobody will fool us & no one can cheat us. Its a GOOD LESSON from small investors to the BIG BULL who think he is clever. I request all the investors to withdraw their BID in this IPO, I had warned earlier also & even NOW.
113. PcJain Dec 08, 2010 4:34:48 PM IST Report Spam Dear Friends, No doubt Issue Subscribed 0.72 Times on BSE where you will find Subscription only in HNI, No QIB yet Bid for a single share. I think Promoter & the lead manager have with the help of HNI investor got it Subscribe. Once the Issue get over subscribed they will withdraw there application. The Issue Price for the such an issue is very high compare to others. I warn small investor to avoid this issue & subscribe for Punjab & SINd Bank, & Even for One97 commnication. Clear Avoid Issue no return on Investment.
The Promoter who Invested Rs 10 for shares 4 year ago, Needs Rs 400 from the investors from the same shares Nearly an appreciation of Rs 390 per Share.