Puravankara Projects Limited IPO Message Board (Page 8)

AVOID AVOID
AVOID AVOID
AVOID AVOID
I WISH I COULD WRITE THIS WORD 400-450 TIMES.

HI
Dont apply for puravankara because so many compalaint
with puravankara if applied ur entire money will loss.

Hi
I think Purvankara wants two amazing thing to happen.BEWARE
1) They are expecting Central Bank IPo allotment to happen by 7 th and retail investor to invest money from Central bank refunds.
2) DLF Allotment are done for partly paid shares for those who have paid second installment. They may be expecting DLF partly paid shares will be traded in market, retailers will get money and hope will look for Purvankara.

Hi GUYS CAN YOU RECALL below MESSAGE. Now retail subscription is .496 %.

As for revised offer (400 450)- wait till last day for bidding. Do not take hurried decision.

Purvankara maximum retail subscription at the end will be .50 , because at 0.0456 subscription just 1545 people applied for 2.93 lac shares. Still ~ 61.5 lac shares for subscription, and 32351 pepople should apply. So I guess maximum 16000 pepole will apply and hence the subscription.

What will be profit ?
What ever qty u apply u will get allotment. Max profit or loss 190 X ????

Dear Friends,

Now, this has been proved that this company POOR VANAKRA is fraud. These people just wanted to grab money from retail investor’s .What you can expect from management (POOR VANAKRA) who has no value system. Such kind of company will not exists for longer time who cheat there share holder and customers.

I request to you make this issue flop. Now if the lead mangers offer this issue price band on face value Rs. 5 Even though we should not have to apply. We (retail investors) just want to realize such kind of people and there lead manger what we (retail investors) are.

Aka, Those who applied earlier will be alloted on price at which final allotment will be done. Excess amount will be refunded.

400Rs is also tooo high!!!
200 to 250 is the right price....

Dabhaa Company!!!!

How to transfer shares from one demat to another demat(Hold by another person), what are charges

The persons who have applied in purvankra IPO till today should be alotted shares at the higher band of price i.e. 525

I fully agree with SV and congratulate all the smart retail investor who had made the issue flop and teach the lesson to the greedy promoters and big name lead managers who are hand in glove with these managements. It is big shame for all the persons involved in the IPO of this big company. now these big lead managers had to think twice before deciding the pricing of any issue.The flop of the issue is equally shameful for so called market experts and analyst who have recommended to subscribe the issue.

I once again greet all the retal investors for avoiding this expensive issue.

Happt Investing.
AKA

ONLY APPLY when they again reduce price band to around 200.
At 200-250, its perfect for bidding.

At 400-450 too, its very expensive.. AVOID

Shame Shame ,
Market volatality what realtion it has got with the pricing
Its a descent way to say that issue has failed and the attempt by the promoters to loot poor retail investors hard earned money has failed.
Look at the list supposed to be big ticket lead managers

DSP Merrill Lynch, Citigroup Global Markets, Kotak Mahindra Capital Company Ltd

where have they gone.
either they are part to this shameful failure or too arrongant on their crendentials
SEBI should wake up to install faith in Primary market.

The attitude of the management reflects their worth strict no for investment.Trading call may be taken.
what ever it is INDIAN investors are the winners?

Cheers to all those who had money,knowledege and still not invested in Puravankara.

I have already submitted the application of Purvankar at cut off rate @525 by manual application. Now can any body advise me what to do. I do not have rebid applcation form.

how to cancel my online application?

If you visit the site you can see the problems faced by people who bought flats from purvankara .

I have purchased purvachakra on 3rd aug but date is extended but I have applied on same rate but now the rate is slahed to 400 what I can do

now this ipo price is perfect, everybody should invest for big listing gains.

well said vikas..

I think one body (like SEBI) should control in fixing the proce band..
few allured retail investors may get trapped so easily..

ipo date has been changed closed on 08.08.07 new prise band is 400 - 450

due to poor subscription, the issue price is lowered. the reason they give is market volatality. if the issue is good enough, what does market volatality do with it?.