Aishwarya Tele IPO is a fraud. Information about cases files against the company was suppressed in prospectus of IPO. Investors will lose money in Aishwarya just as they have lost money in SVPCL. In SVPCL also information was suppressed and SEBI gave option to investors to withdraw their applications. Similarly SEBI has given options to investors to withdraw their applications. Those investors who dont withdraw their applications will lose money has has been the case in SVPCL IPO.
sorry no retailinvwestor gets a single share whoapllied less than maximum application, i am also one of the unlucky ones, but it wasn't a safe ipo untll the alst date technically as the comapny is asking for 14 crore publice issue against a last yaer profit of 3crores which is not even 20% that is 2rs eps per share or littel more which means speculation as to over subscription tecnicallly the sahre is not very healthy as the comapny with 100% eps are still pending for ipo.....
kya yaar i forget to apply this ipo. ok but all d best to all d applicants who hav invested in this company.....may every1 get d allotment & a rocking listing.......bye happy investing....
Hi, hrgala, don't give absurd postings. Do you want to sell Aishwarya at Rs.23/- I am ready to buy any quantity. It will certainly list above Rs.50/- and may go upto Rs.75/- to 80. It will not, even if sensex comes to 10k, fall below Rs.35/- i.e. its issue price.
beaware this ipo goes to discount on its listing date,so my sujesstion to all of u that pls be far from this ipo,because frm 29th april market goes to minus upto 1week,RBI bank increasing bank interest rates.
i am 100% sure that aiswarya will close above 110 on listing because all manipulators and brokers will trade in this company. also it was only 14 crore ipo so any broker can buy single handedly and there will be much more demand than supply.
wait for another bumper listing like allied computers,burnpur cement