will the subscription figures be avaliable on daily basis, so that we can decide whether to withdraw the application. Can the application be withdrawn online ??
Only issue in this case is that if many applicants withdraw then we have the risk of a possible full allotment for the remaining applicants. This would increase the risk exposure
out of 40 mn sq.ft.. disputed land is only 0.38 sq ft. Thats less than 1/100 of the value. Even without this disputed land, the IPO is very attractive.
So dont withdraw..........if still u want to withdraw...go ahead do it....> i will get more shares in all my 10 apps and will make more money
There is some problem in one Land....in Banglore... But all Infrastrucre and development project have some problem in Real Estate...
But that means not that company is Bad and have less return....
As 15-16 in Retail Subscribe so that ....premium come downm to 90-100 bit i think there is no need to withdraw Application....Because there is short term ... and have less effect.....Banglore Case....
If refund will happen along with the regular refunds after allotment. (so it will take 2 more weeks to get the money) ,thn wht is use of refund?? .. if it is getting delayed .
I called up big share. u can fax ur withdrawal request to the number given in the notice. The refund will happen along with the regular refunds after allotment. so it will take 2 more weeks to get the money
To, Kind Attention: Mr. Ashok Shetty Bigshare Services Private Limited E-2, Ansa Industrial Estate Sakivihar Road, Saki Naka Andheri East Mumbai- 400072, INDIA Tel: +91-22-28470652 Fax: +91-22-28475207 / 28470605
Sub: Withdrawal of IPO application for Kolte-Patil Developers Limited
Dear Sir,
In view of recent development (notice from SEBI to Kolte-Patil Developers Limited), I wish to withdraw my IPO application for Kolte-Patil Developers Limited. The details of application are as following,
Name:
Address:
Mode of Application: Online through ICICI Demat A/c (for ex.)
Date of Application: 22/11/2007 (for ex.)
Application No.:
DP ID:
DP Account:
Nos. of shares applied for:
Amount Paid:
Bank Account No.:
Demat Account No.:
I request you to return the money through ECS as per the account details given above within a weeks’ time.
I had asked ICICIdirect helpdesk for the procedure of Application Withdrawal. If I will get the answer, I will paste it here. Otherwise if anybody get the procedure for withdrawl then please paste it here for the benifit of others.
HI ALL, as per greymarket the premium is tumbeled there is seller at rs 60 but no byer. the second repeated case after Dhanus tech, Sebi always after issue makes puzzle for investor , same condition Dhanus premium was 100 tumbeled to 50 , and on listing nice discount offered , to day in my account loss making unit. this creates panic in HNI & Institutional investors makes share totally dabba, so i advice people to sell shares in advance either to get ready for booking loss , as Sebi only entertains serious complains.
Kolte-Patil had placed an advt. in Indian Express of Sun Nov 25. it contains an III Option to investors to withdraw In view of the disclosure herein, kindly note that all apllicants (including QIBs) who have submitted their bids ..,if they so desire, withdraw their applications. The last date of receipt of request for withdrawl shall be 10th day from the date hereof i.e. on or before 5.30 pm on December 04,2007.
All applicants (including QIBs) seeking to withdraw their bids(s), should submit theit duly signed requests along with the details of applications such as , Name of Applicant(s), Address, Application Form No, Number of shares bid for, Amount paid with application form, Cheque number and Bank /branch on which drawn, to the registrars to the issue marked 'Kind attn: Mr Ashok Shetty, Bigshare Services Pvt Ltd, E-2 Ansa Industrial Estate, Sakivihar Road, Saki Naka, Andheri East, Mumbai 400 072, India Tel +91 22 2847 0652, Fax +91 22 2847 5207/2847 0605
All people are saying that it will go Dhanus way. But all people forget that, Dhanus got listed just above IPO Price, same day gone down below IPO price. Agains tasted 370 levels, and now trading at 250.00
Kolte Patil should also give you listing gains. But later on no doubut it will go down below its IPO Price. So enter in this scrip later at that time.