dear friends i think all people should not worry as they have not hiked anything everything was in DRHP but we havent red that and other thing newspaper have published alligation on 29th august and sebi has told on 27th september to clarify soif company is cheater that sebi should either pospond or cancel this ipo as allegations were before ipo starts so this is nothing but a gimic to make all retailors panic and to withdraw application i think big game is running behind us and other thing what matters if CBI raided company until now all major companies were raided by CBI and all companies are having their black money so that is not a matter of tension and they have told these all on allotment day not before so i think there is big game running behind all of us so dont worry be invested you will get descent money on listing
hi recently icici direct have sent mails to all applicants as if they wish to withdraw ipo application simply they can call to customer care number and can cancel upto 4th october 2007 so enjoy no need to send fax or qurier to registar just a phone call and cancel thats the excellent thing like services of icici direct.com
To, Cameo Corporate Services Limited Unit: Dhanus Technologies Limited “Subramanian Buildings” No. 1, Club House Road Chennai 600002 Tel.: +91-44-28460390-28460394 Fax: +91-44-28460129 E-mail: dhanus@cameoindia.com
Dear Sir, I like to withdraw my application against Dhanus Technologies Limited IPO. Following are the details of my application through online Sharekhan demat account:
lekin yaar company ka market credibilty to kam ho gaya hai na.. abhi bhi ye log openly business kar sakte hain kya?? ya phir cbi inki wat lagati rahegi... main bhi dhanus appl. withdraw nahi karnachata hoon.. lekin ghar wale nahi man rahe :(
DEAR ALL,AS THEREGISTAR SAYS LAST DAY OF WITHDRAWAL IS 06/10/2007 IF ONE WITHDRAWS HE WILL NOT GET REFUND BEFORE SAY 10/10. NOW REGISTAR SAYS ALLOTMENT WILL BE ON 08/10.THAT MEANS THE PERSON WHO HAVE NOT WITHDRAWN WILL Also GET REFUND ON 10/10 OR 11/10.TO MY MIND EVERY ONE WILL GET REFUND ALMOST ON SAME DAY.THEN WHY WE SHOULD WITHDRAWI THINK ONE SHOULD TAKE RISK AND WAIT TILL LISTING.THIS IS MY PERSONAL THINKING.DISCLAIMER I HAVE APPLIED ..7..APPLICATOIN OF MAX LOT.
no matter whether you have applied through paper format or online, you have to send letter to registar (refer my previous post)... (other option: You can send scaned signed letter or fax same)
Just to help fellow investiors, this is the format of cancellation letter...
To: Cameo Corporate Services Limited Unit: Dhanus Technologies Limited “Subramanian Buildings” No.1, Club House Road Chennai – 600 002
Kind attn: Mr.R.D.Ramasamy
Dear Sir,
Sub: Withdrawal of application number XXXXXXX from Dhanus Technologies IPO
We are in receipt of your letter dated 24th September 2007. In view of the developments mentioned in the letter, we are no longer interested in the Dhanus IPO. We request you to treat our application as withdrawn and refund the application amount to us at your earliest. The details of our application are as follows:
Name of applicant(s):
Address:
Application Number:
Number of shares bid for:
Amount Paid:
Cheque number and bank/branch on which drawn: Applied online through XXXXX (Your broker),(DP Id: , Client Id: ).
its true that reliance group is having holding in dhanus but things to be calculated for listing premium it is not decided by them but by hni clients who throw away their holding on first day.
it was subscried nearly 28 times if we have look in to past ipo who was subscried this much have premium of 50 to 100 rs. so wy to risk for 100 rs. when it can be bought in lower price on 1st day it self to gain some more
so conclusion says withdraw the application wait for listing and then purchase
disclousre : i have withdrawn my application of Rs 50K
I sent the scanned letter and got the following reply:
Dear Sir,
We are in receipt of your mail.In this regard, we wish to inform you that , we have received the scanned letter sent by you. Hence, we will arrange to do the needful..
With Regards,
Komala, Investor Service Cell, Cameo Corporate Services Ltd.
i personally feel retailers should not worry too much and hold their nerves..Company is not any criminal like MS shoes IPo of 90's.Good part is they have been very open to disclose things, and when some mag raised a ruckus, the co has come out fairly decently to give everyone a chance to make a free decision.....It is now upon individuals to make up their mind.....Obviously there will be critics as well as supporters for this co....One will say "dhanus se maaro"...Another will say just as this message....So depending upon your nature, risk taking appetite, more importantly "Your sense of justice --- whether u want to see dhanus as a criminal , when no summons has been issued so far or not "....... So instead of panicking it would be more productive to think on this lines.......