i was applied 3000 shares for Burnpur Cement IPO, but till now i IPO status was not released. i didn't ever seen this type of company. the management of this company is worest. stupid fellows till not didnt released. any one suggest me when the IPO will released?
hi gues , when you are going to list the BURNPUR IPO.I don't know ,why they are taking this much time.From this itself we can see the ability & capacity of the registry firm.
Burnpur IPO allotment dalay does not found any sound reason,my few questions are :- 1.Why oversubscription not out to public. 2.Why delay in allotment even though isue was too small. 3.Why does not any declaration given by the company about dalay in allotment.
This questions make peoples more suspitions about the company & may affect further stock performance.
Burnpur Cement IPO Grey Premium: Rs 4 to 6. Grey market prices only serve as an indicative premium above the expected listing price and cannot be take as definitive.
I talked to Mr AK Banka,Financial Advisor to the company and the Burnpuyr Issue,he came me some informations that I would like to share: 1.Listing would be on 2nd od 3rd of jan if every thing goes well. 2.Allotment on 27th or 28th of dec 3.Basis of allotment is ready and submitted to the SEBI for permission. 4.Refund directly to the DEMAT A/c 5.Everything is as per the guidelines of SEBI and Fix IPO do take longer time then book building/bid IPO. So friends donot panic