Claris Lifesciences Limited IPO Message Board (Page 16)

THE ISSUE HAS FAILED THEY ARE NOW GOING TO PLAY OPERATOR GAME SO BE CAUTIOUS EVEN AFTER ITS LISTING THEY WOULD STILL TRY TO TRAP THE INNOCENT INVESTORS BETTER TO STAY AWAY

180. Ipoking

QIBs getting under the table discount from promoters cannot be ruled-out. In that case, QIBs dump even below issue price at opening bell itself.

Best strategy could be looking at heavy subsciption of QIBs- 10x or 15x & taking the decision.

every extended or price revised issue has gone onto make bumper listing in past.

What a poor performer it is as per now..

Sreedhar
You were Right man, but It like "High Risk - High Reward" Type So lets wait and watch

Durairaj,Tirupur,
Aqua Logistics Ltd IPO Revised Issue DetailBook Running Lead Manager to the issue has informed the Bombay Stock Exchange and National Stock Exchange that the Book Building issue of Aqua Logistics Ltd will now close on Feb 02, 2010 instead of the earlier closing day on Jan 28,2010. Further price band has been revised from Rs 220/- to Rs 230/- per share to Rs 200/- to Rs 225/- per share.

Bidding Status (IPO subscription detail):

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & Time Qualified Institutional Buyers (QIBs) Non Institutional Investors Retail Individual Investors (RIIs) Total
Shares Offered / Reserved 3,750,000 1,125,000 2,625,000 7,500,000
Day 1 - Jan 25, 2010 17:00 IST 0.0000 0.0000 0.1845 0.0600
Day 2 - Jan 27, 2010 17:00 IST 0.0000 0.1041 0.2605 0.1100
Day 3 - Jan 28, 2010 17:00 IST 0.1026 0.7225 1.4143 0.6000
Day 4 - Jan 29, 2010 17:00 IST 0.0933 0.6568 1.2806 0.5934
Day 5 - Feb 01, 2010 17:00 IST 0.0933 1.6163 1.3672 0.7700
Day 6 - Feb 02, 2010 17:00 IST 0.2583 5.0685 3.0002 1.9395
------------------------------------------------------------------------
As you can see Subscription reduced in Aqua logistics after Issue price was modified.You can also see the final result.

Don't Apply this IPO just thinking about BS Transcomm or Bedmutha, since the operators game would be a Question in this issue, becase it is a large issue than that of both...

Look Guys, many of them had withdrawn their Applications, even after reducing the price band By 20%....
Investors had became cautious...

surprising!!!
in each category subscription has reduced today

any company can only grow if their record is clean and good.
this company has very bad past i.e core healthcare , the huge money of people just went in to the air, without any big reason.
The promoters started new game with clean mask but they take old plants from core a take over at very low price.
now they again want money from people.
the main person is still promoter of core health care where nearly 1500 rs disappeared.
any good investor will see this all and will park money in safe hand.
if you want to gamble keep some small amount and exit on listing.

@Rajasthan

I guess the reason - why they became failed in debt obligations...they purchased manufacturing plant from Germany..and their production increased a lot in 1995....but at the same time Waukhart and Torrent entered into the IV fluid market...so CORE's sell dropped down...and their production plant/quantities were hughed.....so resultant they lost money...other wise they were very investor friendly....

ANIL G...whether that will happen again or not,i can't say but the mgt was once a time considered to be very investor friendly....their reputation deteriorated only after they failed in their debt obligations.....it is just due to bad reputation of promoters that a large pharma company having presence in 76 countries is available at PE of just 8-9.....every bad aspect has been factored in the price

hii..IPO FInder,...i also thinking like u...and willing go for claris...also ahmedabad based ...so will rock again..no dobt in it..but only 4 high risk appetite investors can apply...

Interesting facts

last 3 IPOs that were extended due to poor subscription
1. Aqua Logistics
up around 200 %
2. Thinksoft global
touched a high of around 300 %
3. BS Transcomm
touched a high of around 100 %

In case of claris also , chances of operator game is also very high due to promoters

One can go for that as this is present at very very attractive price levels also

High risk high reward !!

ye ipo ab bahut accha h u can apply for it

anybody have idea about this year Q1 and Q2 results of claris

Hi Rajasthan,

thank you for the information; but do you think this will happen again?
I mean no one is interested in this IPO now; also people knows these promoters n all zhol they did in past.

I think the price is ok.
It wil not give u much return as compare to moil.
Go for moil and sci.

hi anil g....how i made profit of rs.1.5 lac....core parenterals gave bonus in the ratio of 1:1 for two consecutive years in 1993 or 1994...my original 100 shares became 400 and even after that the share was qouted at 500 level.....i sold these shares somewhere at 400-450

161, IPO mania,
you don't need to revise your bid , you will get shares at new price, don't worry