Great incentive for filing forms for the issue of Emmar MGF for minimum form of 6300 amount get rs. 175 as refund on the spot, for Rs 50000 and above get rs. 300 and for rs 10000 get rs 400. This scheme is offered by sub brokers in Ahmedabad.
The public should teach such companies by avoiding such issues which are highly priced. They can't take the public for a ride just becos the secondary markets were doing well. Avoid this issue and buy it from the market on listing at a good discount.
there seems to be grey market premium on this issue and at the same time it is not subsribed fully. so one can have handsome interest return from this issue.
My strong recommendation to apply. This is one of the best IPO in indian history. Go for it. I am at present in dubai for visit. This is in world's top 5 companies.
Looks like this issue is going to be way undersubscribed. 0.16 times on first day and 0.24 on second day. Best of luck to all those who have tried their luck investing in this. They will need all the luck they can get. Your money is guaranteed lost. best thing to do is to go to registrar and stand at the door until postman comes with your application. For all others, fight to get your money back.
This company is a rip-off. There is a scam in the making. Buying agricultral land, after few years pay off all politicans under the table and convert it to residential/commercial. What cheats. It is us Indians who will be ripped off.
Aryan Life Style Private Limited Aryan Life Style Private Limited (“Aryan Life Style”) was incorporated on December 29, 2005 under the laws of India. The registered office of Aryan Life Style is located at 17-B, MGF House, Asaf Ali Road, New Delhi 110002. Aryan Life Style was incorporated with the main object of carrying on the business of manufacturing, buying, retailing and distributing sportswear, garments, watches and apparel. Shareholding Pattern The shareholding pattern of Aryan Life Style as of September 15, 2007 was as follows: Name of Shareholder No. of shares % of Issued Capital Equity shares of face value Rs.10 MGF Developments Limited 640,000 40.00 Mr. Siddhartha Gupta 320,000 20.00 Mr. Shravan Gupta 320,000 20.00 Mr. Shah Rukh Khan jointly with Ms. Gauri Shah Rukh Khan 320,000 20.00 Total Equity Share Capital 1,600,000 100.00 Preference share capital of face value Rs.10 SSP Properties Private Limited 2,600,00 100.00 Total Preference Share Capital 2,600,00 100.00