The issue has been withdrawn due to limited participation of retail investor. The FII/HNI quota were well subscribed. Managenment did a great mistake by not offering any discount to retail investors, a 5% discount to retail investors could have easily sailed the IPO through . After all a lesson is given
Total subscribed by 0.20 %. FII = 1.24 %, Non- institutional, corporate = 0.14 %, Retail individual = 0.06 %, as on 19th March 2014 at 1700 hours. 20th March is the last date.
Shri Krishna Prasadam Limited is a multidisciplinary Business Venture. The multi dimensional business structure support company to continue to grow in all economic scenario. The businesses are chosen strategically to remain in high need all the times. The idea is to relate our business with the common needs of Common public. Salient Features of our businesses are as flows:-
Real Estate: - Real Estate is ever growing business and is directly relates to the common need of a person. We act as a Channel partner between the Builder and the Hoseeker. We underwrite admirable projects of good developers and market it into mass public. Thus developing a large clientele along with the increasing business turnover. Our business model need continuous public networking.
Trading of Agricultural Products: - We also deal into the trading of items of daily need and thus penetrate into the daily life of common man. The product range includes rice, wheat, barley, paddy etc. The model is that we purchase the stock from unbranded Big whole sellers and sell it to the small whole sellers who in turn supply it to retailers. The business in fact have small margins but it hold us remain in touch of numerous clients. The supply chain business is an ever growing business and we predict ourselves to be a big whole seller in future.
Security Trading:- The securities market allows people to do more with their savings than they would otherwise. It also allows people to do more with their ideas and talents than would otherwise be possible. The people''s savings are matched with the best ideas and talents in the economy. Stated formally, the securities market provides a linkage between the savings and the preferred investment across the entities, time and space. It mobilizes savings and channelises them through securities into preferred enterprises. We are in planning stage to deal in the trading of the securities and also provide advice on the Share trading.
Projects
We are sub underwriter of Sanskriti Apartments situated at Indirapuram N.H. 24
How is the IPO of Loha Ispat ? PROS:- Care rating is 3 out of 5. Kostak is 500/minimum application. 91000 shares (35 %) for public. Established company in Maharashtra state. CONS:- Mr. Davda says "Avoid", Price is 77-80, seems high. Long IPO date- 11th to 20th March. I am confusing what to do ? Can anybody please guide ?