1.SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:
A. Vaswani Industries Ltd shall give withdrawal option to all the investors who have been allotted shares in the non-institutional investors category and the retail individual investors category. B. Investors who apply in the withdrawal option shall enclose a Delivery Instruction Slip. C. In the event of refund/withdrawal on the exercise of the withdrawal option by an investor, the Company may deduct the expenses incurred in connection with its IPO. D. Rikhav Securities Limited is prohibited to act as a syndicate member/sub-syndicate member for all forthcoming issues.
Dear Sreedhar Sir, My intention in writing about the members is not to hurt their policies. In my view 'If a company offers the stocks at cheaper rate (under valued ) and comes to public go for apply. 2).At the same time if any company aggressively priced (if one feels)then need not apply for shares and wait for listing day and make a short sell. 3) If you feel that grabbing opportunity by buying at cheaper level and sell at threshold level is not a sin,then why short selling of overvalued stock and covering the same at reasonable level or at the end of day, will not be a sin.(Apart from doing these works most of the members are scolding the BRLM and resistrar and SEBI and govt and wasting their valuable time.)
4).I know best value IPO stocks are also will be traded below issue price like 1)NHPC, 2). MOIL 3).PSB 4).PFS 5).Future ventures 6).Innoventive and so on at the same time some stock will be over valued for a long time like FCL,Sudhar,Aanjaneya and so on. When there is very very contra picture in the market why one should over confident in expressing their views and behaving with emotions rather than sentiment.
Dear seenu ipo, There will be no strategy for these IPOs.Even operators who operate these IPOs do with uncertainity & even then they do not whether they will succeed or not,leave alone small pawns like us.There is a 50-50 percent chances of making money either in short or long position for these IPOs.Try your luck.Hope you had applied for all these IPOs & made good money. There is no need to comment on these IPOs.Just apply & forget.Tighten your seat belts.Thats all. Sometimes people will get shocks like Vaswani but they can shake it off if they get profit like Birla. Getting 70 percent gains is not a rare occassion.Last 6 IPOs (grade 1 or 2) have given great returns.Even VMS gave great returns of more than 40 K per application.If you had held VMS & Birla till the end at the market close you would have got a big zero return. So Just apply & get out at some profit.If you hold you will get nothing. Apply for these IPOs & be sure to check out at some profit. Also retail applicants remember not to cry like a small child when you get shockers like Vaswani. Its all in the game.
For this IPO whether one want to apply or wait and short on the listing day to earn profit (ultimate is that only)Why so many discussions without actual work of pressing F1 or F2 on the listing day through broker.(i.e short or long). For RMS india limited .What is the strategy of each person should come out instead of writing the tonnes of pages regarding company.
My dear co members, In the IPO market there is nothing like good or bad. If you feel the issue is cheap apply and in contra if you feel the asking price will not justify the company.Then wait for listing day and short with all your mighty power by giving margin money to earn windfall profits.
I once again requesting everybody to declare whether they are gong to do short or long on the listing day. Without this dont end your comment.
dear senior boarders, should we apply this ipo as this ipo belongs to the same lead manager who was assciated with omkar speciality, the ipo closed at whoooping 52% down on listing day, may be a second vaswani,as the person donot care for retail investors, please advise
DAMN I missed out on these 2 small IPos Biral & Rushil decor as I had credible info before hand that Birla wud be having Dhamaka listing from my Mumbai sources. The premonition was right.Too bad that Vaswani effect is still prevailing.Now need to take chances in small ipos but the ones which dont gather much attention n oversubscription.Lets now apply in all IPOs thru cheques first n think later.
Dear members Now, atleast stop talking about valuations regarding small isuues and concentrate on the sentiments prevailing in the market. These is based on the below factors. 1) Very very poor fundamentals stocks like Aanjaneya,FCL,sudhar,now Birla and Rushil have given decent returns on the listing and some of following days.
2).Very sound fundamental companies like PFS,fut ventures and Innovative and Muthoot are failed.
3).For very short or intraday we need not watch out for these.
It's like Encouraging me, But i think it's too Earlier For me to Give a place in the List, where more intelligent n Experienced Boarders Got their Places. I Think i Don't Deserve it.