Aster Silicates Ltd IPO Message Board (Page 5)

today if it breaks 170 before it is going to close 185 one can buy at this level with sl 156 trg 185

197 @ cln

Good prediction, crossed 160, my bad luck, sold alloted 50 at 129.15.

pL FUTURE OF Aster Silicates CAN I ENTER AT THIS LEVEL

Vinu,dont worry,keep stoploss of 144 n enjoy ride

Is there any chance to come down today as Tarapur Transformers ??????

Enjoyng the ride,its nw at 148,thank god i alloted total 650 share hope so it touch 160 today,

dont panic today closing 160 buy at 130 sl 120

Sold alloted 50 shares at 129.15, happy with 500Rs. profit.

the ragistrar sharepro has doen some mistake in hurry to credit refund by ecs.so all the applicant to aster ipo please check in your banks.all the nonreciver of refund should complain for delaying.and where is that tiger man who has stoped the allotment and taken action against director,please helpus to get our refund of aster .thanks

Another High-Priced Junk IPO

We have seen numerous junk IPOs in the last few months which have either led to serious losses for the investors or have led to their not getting subscribed.Even good IPOs like SJVN are leaving nothing on the table for investors.The list of the IPOs like Texmo Pipes, Jaypee Infratech, Tarapur Transformers, Nitesh Estates etc. are down anywhere between 10-50% despite the broad market indices being at the highest level in the last couple of years.

The Management does not have a good track record.The promoters of this company were involved with another chemical company which was sued by Nirma. Their are cases against the promoters for dishonoring cheques. Very clearly the intent of the promoter is to confuse people and cheat people.

The company issued 0.33-crore equity shares to the promoter group at issue price of Rs 10 in the last one year. The share justifies a price of not more than Rs. 35!

The issue has ‘managed’ subscription from HNI’s and retail. It appears that like some other issues there is an active grey market present in this issue but it would suffice to say to the intelligent investor that this issue is not for them. I wish to state that this IPO is injurious to the health of investors. Anybody investing based on fundamentals will have to be a little bit crazy. However, I am not saying it won't give listing gain. It depends on inside information / Operators' play.

While the business models of many IPO issuing companies appear robust and promising, one must also keep an eye on valuations before timing the plunge. Therein lies the key to successful investing in the stock market, be it the secondary or primary market segment.

i know that was not GEM IPO FINDER post
why someone using other name?
i think they hav not their own identy or own sence.
they r totaly aim less people.

thanks GEM..........
its ur real post or some one using ur name?

To
GEM IPO FINDER
dear friend i did not apply in aster silicates.
but i want to trade in aster tomorrow,what should i do?
buy or sell on opening bell.

Interest Amount Rs.581.92 also paid by company.

Today I have received refund and for the 50 alloted shares they have charged me 116.54/share, may be they paid interest for the remaining amount, anybody got the same kind.

Apply for EIL in retail category for listing gains..There will be discount of about Rs.14.

Trading Members of the Exchange are hereby informed that effective from Wednesday July 28th 2010, the equity shares of Aster Silicates Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities: script code: 533219
(source: http://www.bseindia.com/cirbrief/new_notice_detail.asp?noticeid=noticeno=20100726-21&dt=7/26/2010&icount=21&totcount=23&flag=0)

ASTER SILICATES SHARES....LISTING DATE ..28/07/10.....SOURCE..BSE INDIA...

REGISTRAR KA YE ADDRESS GALAT HE KYA
Sharepro Services Private Limited,
Satam Industrial Estate,
Cardinal Gracious Road, Chakala,
Andheri (East), Mumbai 400 099, India.

every applicant should check with there d.p.cdcl and nsdl both d.p.are shoving the alloted shares in demate a/c.