3000 me 2lakh ka application sold. becho kuch rakho mat. jiyo mere lal
47. aRYANrAJ| Link| Bookmark|
November 22, 2010 6:29:28 PM
Top Contributor (600+ Posts, 100+ Likes)
Pandit ji is right and if someone has doubt can see ravi Bangalore's post.
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Ravi, Bangalore Nov 22, 2010 5:56:28 PM IST Power Grid Corporation of India Ltd 1421. rohit sachdev
Scenario 1
In Economic Times I read that it will be listed on 26, Friday. In that case, you can take some risk assuming that it will surely list on Friday & you can sell on 25, Thursday. Pay-in comes on Monday, & you don't face any problem.
Scenario 2
If it gets delayed either by design or by default, it could go for auction. In that case, it is better you make arrangement for borrowing with your fellow clients / broker.
Scenario 3
Assuming that you take risk & sold on Thursday without borrowing arrangement & to your horrow you did not get shares to your demat as scheduled on Friday, then buy-back on Friday itself. But this is quite risky.
I believe, investors would get a chance to sell either around 96-95 or 102-105 zone.
Now, ball is in your court.
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Remeber few things, govt has fooled short sellers in NMDC by hold allotment and listing. NMDC was listed 17 days after IPO started thereby failing SEBI's guidelines but sebi did nothing. Also if you sell your shares as you see in demat it is on face value and not market price which manier times in past like NTPC, REC went into auction and those who got REC or NTPC might remember price up-surge suddenly after 12 in both shares which was due to auction.
and my question to dumb sellers, why to take risk when you are already in 15 rs profit? remember in share market people with knowledge never succeed but those who have patience do.
46. Pandit Ji| Link| Bookmark|
November 22, 2010 6:13:39 PM
Top Contributor (400+ Posts, 200+ Likes)
Jayanth Saab, Public ko mamu ko bana ke meku kya milega mere bhai.
When was REC, NTPC, NMDC adn other FPOs listed
Bhai believe me the shares can be sold the day its your account
Meray bhai maan bhi jaa, jhoot nahi bolunga Lalaji
EVERY ONE BE CAREFUL BEFORE GOING FOR THIS CLARIS IPO, SUNIL & SUSHIL HANDA HAVE VERY CLEAR UNDERSTANDING BETWEEN THEM AFTER GOING BANKRUPT FOR CORE HEALTHCARE, SUNIL WILL HANDLING ALL THE FUNDS OF CORE HEALTHCARE, THIS FUNDS ARE NOT DIVERTED TO VARIOUS BUSINESS LIKE EKLAVYA SCHOOL,SANAND AND REAL ESTATE. THEY BOTH HAVE VESTED INTEREST IN OTHER BUSINESSES TOO. SUNIL AND SUSHIL BOTH ARE FACING FDA, CBI, FUND FORGING,AND MULTIPLE CONSUMER COURT CASES AGAINST THEM. CORE IS ONE OF THE COMPANY WHO HAS BREAK ALL THE RULES OF FDA,EXCISE AND OTHER TAXES. CORE HAS ONE OUTSTANDING RECORD OF HIGHEST REGISTRATION OF CRIMINAL,FORGERY AND CONSUMER CASES EKLAVYA SCHOOL IS ALSO A BIG BLUNDER IN AHMEDABAD WHICH IS RUN BY SUNIL HANDA, EVERY YEAR MANY STUDENTS ARE REMOVED AND NEW ARE ADMITTED AND LACS OF DONATION IS RECEIVED. PRINCIPALS OF THIS SCHOOLS ARE VERY MUCH INVOLVED IN MINTING MONEY FROM THE PARENTS AS THEY ARE OFFERED PROFIT SHARE ON NEW RECRUITMENTS.
For the Attn: Mr. Dave - You wrote lot many about Core Parentrals (Now Claris Laboratory) I don't know you are aware or not that once Core's shares were trading above Rs.400/- (a story of 20 years back) issued for Rs.10/- without any premium and also they have issued bonous shares etc. the exact details I am not re-collecting. I was holding few shares of Core that time, that is why I am sure about this. In short what I want to tell the investors that earlier also who ever invested in CORE never been a losers only those who were hold the shares further were only losers. That also only due to sudden eventualities happened in the company and then the share value reached from Rs.400/- to Rs.4/- and thereafter company closed down. Those are all fate. I salute Handa's for their enthusiasm, what ever adverse things happened they come up again. It is written in the RHP itself that the new venture is doing a business of 400 crores or so. Even after facing so much of problems in the business they come up again with rejuvenated growth and spirit. Now will you salute the promoters or not? Are bhai zinthagi me kabi badi muskile aa jathe hai leken uske samna karke vapis khade hona bahuth badi bathe, samje kya. Mushkil ko samna karke khade hona ka himmat rako, darke bago mat.
Dear investors never love your shares, when you are in profit sell it and take profit. Claris issue will not be a failure. Good luck.
The company is a habitual offender including serious offenses like ADULTERAION (repeated cases) + WILFUL depfaulter with Banks / Financial institutes + had its assets sold out by ARCIL for DEFAULT with its lenders + US-FDA issued strict instructions to not to use its injectibles + the MAIN promoter (who in now behind the scene)--is a habitual defaulter with multiple banks. There are 19 cases pending against the company with INCOME TAX department--where ORDERS are all out (hence no place to appeal & fight by the company) thereby resulting in a HUGE LIABILITY. Please avoid the issue--SEBI should take necessary measures to prohibit such issues hitting the market.
I worked for CORE parentals ltd.....promotted by Two handa brothers - Sushil and Sunil Handa.... they also had Core laboratories...which used to make (that time) tablets/capsules.....
then they built biggest IV plant in the asia (in 1995)...but finally it didnt work out....
Waukhart started preparing IV fluids and other pharma co also prepared IV fluids...so CORE healthcare/core parentals/core laboratories....all business stop generating money.... not Sushil's SOn Arjun S. Handa.....
Single promoter of Claris - is saying we dont have any relationship with Sushil handa.....(from March 2010)...check DHRP...
Indian IPO News Claris Lifesciences Limited some of the facts about Claris Lifesciences Limited which is planning to issue IPO and has Filed offer Documents with SEBI for IPO
This info is based on their own DRAFT RED HERRING PROSPECTUS Dated April 19, 2010 filed with SEBI
One of erstwhile promoters Mr. Sushil Kumar Handa, the Ex-Chairman and Managing Director of the erstwhile Core Healthcare Limited, is included in the list of wilful defaulters, in his capacity as a director of such company,maintained by the Credit Information Bureau (India) Limited.
There are certain crimina linvestigations relating to alleged economic offences, which are currently being investigated by the Central Bureau of Investigation and the Anti Corruption Bureau, and offences under the Drugs and Cosmetics Act,1940, some of which are currently pending against Mr. Sushil Kumar Handa and he was declared as a proclaimed offender due to non appearance at hearings in one such instance.
Core Healthcare Limited, a Company promoted by Mr. Sushil Kumar Handa has been listed on www.watchoutinvestors.com in relation to certain regulatory non-compliances.
Mr. Arjun S. Handa Current promoter is Son of Mr. Sushil Kumar Handa
This Company was incorporated on July 19, 1994 in Ahmedabad as Oracle Laboratories Limited . Subsequently, the name of Oracle Laboratories Limited was changed to Core Laboratories Limited on May 28, 1996. And then to Claris Lifesciences Limited April 1, 1999.
Wow!!! so much info is available in DRAFT RED HERRING PROSPECTUS.SEBI is doing good job really.
Now it was our Job to hunt stories in Indian papers on Mr. Sushil Kumar Handa
Check what was written about erstwhile promoters Mr. Sushil Kumar Handa previously by major news papers Indian Express:Maker of IV fluids drains banks, now needs a drip
looks Like Some issues with FDA Too see below
On May 29, 2010, the U.S. Food and Drug Administration (FDA) alerted healthcare professionals not to use certain intravenous bags of metronidazole, ondansetron, and ciprofloxacin because of potential contamination. FDA has received reports of floating matter in IV bags manufactured by Claris Lifesciences Limited, in Ahmedabad, India.