Punjab & Sind Bank IPO Message Board (Page 30)

Suna hai ab Shekhawati poly yarn ka IPO aa raha hai Retailers ki wat lagane 27 Dec ko???

Lwaht will be the listing valve for this ipo?

The PSB shares allotment will also be niggardly - a repeat of MOIL. Heavy oversubscription is making such IPOexercise

@794. BDMP Jain.

Dear Sir,

Please send a mail to SEBI, request them to reduce the limit. The email address is sebi@sebi.gov.in

If possible, please write letters to leading news papers. If you have any influence with politicians or media ask them to put a light on this issue.

If the problem is raised from many points, the government will consider our obligation.

Thanks and Regards
Subramanian

PSB GMP 28-29

Subramanian Nagarajan posted on Dec 21, 2010 9:22:04 PM IST

If the 2 lakhs limit continues then many of the retailers will be out of the Primary Market which shows the government is not in favour of the retailers.

we fully agree with you
now what we people can do jointly
we should think & plan & take the appropriate action

praveen jain

after punjab & sind bank ipo

details of next ipo
NAME OF THE COMPANY:SHEKHAWATI POLY-YARN LIMITED
ipo dates :27-12-2010 to 29-12-2010

BUSINESS :Textile – Man made fibers
PROMOTERS Mukesh Ruia and Ramniranjan Ruia
ISSUE SIZE 1,20,00,000 equity shares of Rs 10 each at a premium of Rs 20 each amounting to Rs 36 crores.
Premium/ FV Rs 20/ Rs 10
LEAD MANAGER:HEM SECURITIES
OBJECTS To acquire additional new 30 Twisting Machines and installation of new 30 Knitting Machines.
To acquire Corporate office at an estimated cost of Rs. 325.00 lacs.
To meet working capital requirements

Erratum to my previous post.

Please read as follows:

If the 2 lakhs limit continues then many of the retailers will be out of the Primary Market which shows the government is not in favour of the retailers.

@789. Kutti king.

Dear Sir,

I have only one Demat account. Also I don't have 2 lakhs to invest in IPOs. It is hard for me to arrange 2 lakhs to invest in IPOs.

When the limit was 1 lakh, it was ok for me. I applied in good IPOs, got some shares, and benifited.

I got another 60000 which I invested in the Secondary Market. You are new to this forum. But I am new to the Market itself. I have been investing for the past 6 months.

So, we are badly affected. I hope many people will be in my category only. Even if we arrange 2 lakhs to apply in any good IPO, we need only luck to get some minimum shares. The profit is very less.

If the 2 lakhs limit continues then many of the retailers will be out of the Primary Market which shows the government is now in favour of the retailers.

Please consider our feelings and give support to us.

Thanks and Regards
Subramanian

Hi Guys,
I'm new to this forum.
I've been watching the arguments abt increase in limit to 2 lacs.
Many in this forum admit they apply in abt 18 or 20 accounts.
Obviously they use benami names.
Is that right?
Why is nobody questioning that?
A guy can use benami names and apply 20 forms.
But ppl who ve 1 or 2 accounts should not apply 2 lacs?
Where's the justice?
I've only 2 accounts -one in my name and other in my wife's name.
I don't use benami accounts.
So,I support the increase in limit.
Did these guys oppose when the limit was hiked from 50K to 1 lac?
R they opposing becoz they don't ve enough money for 18 or 20 accounts?

can anyone tell me is it wise to buy ispat now? please share ur views on ispat

Will it get listed this year friends?

Thanks to Gane and Sanjeev sing....
I was confused by the post
@765. Sunil Pal Jee, and thought that the status shown in this site was wrong, that's why...
Thanks for making it clear...

because it's nse data

GMP increased to 36

NEW IPO SHEKHAWATI POLY YARN FIXED PRICE 30/- LOT 200 shares 271210 to 291210

LEAD MANAGER HEM SECURITIES

TAKE CHANCE TO REDUCE YOUR CAPITAL IN SUCH IPO

hi raj(779) final figur is 44.45 (IPO open on 13,14,15 and 16 Dec)

Friends,
My SAIL trade is based on SAIL FPO hitting the market in Jan middle .it is a high risk game & it is better to wait for formal announcement of the date.

DuraiRaj,

RII subscription was 8 times by the end of 3rd day. Why is this confusion now about RII subscription? I think some other boarder has mistakenly made that point.

Gane.

Some one please please show some lights on the REAL subscription status...
Thanks in advance......