Quick Heal Technologies Ltd IPO Message Board (Page 32)

How to withdraw ASBA application??????????????

Your attention is invited to the message posted at 475.2

Hope that will satisfy your query.

GMP:12-15

SENSEX PE AROUND 18 QUICK HEAL PE 36 SO QUICK HEAL MAY LIST AT RS 297 AND REACH TO RS 150 WITHIN 2 MONTHS

Can you please do the same comparable for TeamLease also ... and give us your fair valuation guidelines... ?

Shame on bjp govt and rbi govn rajan. Rajan says bank downturn is good. Wow. Check nasdaq it is flat. There are no global jitters US market are doing ok china market is closed. Oil prices low is benficial for india. Despite all this indian market has crashed worst. Eveb greek which is defaulted hasnt been destroyed. Shame bjp and rajan

Primium Rs. 2 discount......

Our Indian market would not grow until it shud not be dependent ob foreign investment money. To make our Indian stock market domestic investment supported, govt shud introduce such simplest equity invstment instruments that it shud b brokerage-free, & every common man can invst r trade easily directly through his non-internet accessible fon lyk using ussd code.

Baba kaha hai -nh diya hai toh qh bhi dega.dont panic .JOY HO! HA HA

Yes, withdrawal of Initial Public Offer (IPO) application can be done even after the issue closure!!

It is commonly known that in book built issues applicants can revise or withdraw their bids till the issue closure date. However not many investors know that they can cancel their application even after the issue closure date. In a book-built issue the applicants can withdraw their applications anytime before finalisation of the basis of allotment of shares by the company. Investors have the right to withdraw application before finalization of allotment even if the application money has been realized by the company.

Issue of securities in an IPO is, inter alia, governed by SEBI (Disclosures and Investors Protection) Guidelines, 2002 - popularly known as SEBI DIP Guidelines, which provides that an applicant can withdraw applications in a public issue. However, note as per the SEBI DIP Guidelines, Qualified Institutional Bidders (QIBs) are not allowed to withdraw their bid after the closure of the bid. This rule is to prevent any possible manipulation of the IPO subscription by the QIBs. For example, Cairn India IPO in 2006 saw many QIBs withdrawing bids on the last day of the issue. While the bid withdrawal was done by QIBs before the IPO closure, which is well within the guidelines, but this was not viewed very positively by the SEBI, which called for data regarding their subscription from the merchant bankers of the issue. SEBI’s action was guided by the fact that Retail investors often look at institutional investment details of an IPO before deciding to apply for the same and they could get mislead by the initial QIB rush.

IPO application may be withdrawn by an applicant by writing a letter, to the Registrar of the issue, highlighting the Company’s name and clearly mentioning complete application number, names as in the application and signatures of all applicants. The applicant has to ensure that the withdrawal application is received by the registrar prior to finalization of the Basis of Allotment. The withdrawal or cancellation of withdrawal will not be considered if the issuer has finalized and submitted Basis of Allotment to the Stock Exchange.

ASBA bids can also be withdrawn. During the bidding period you can approach the same bank to which you had submitted the ASBA and request for withdrawal through a duly signed letter citing your application number. After the bid closure period, you may send your withdrawal request to the Registrars, who will cancel your bid and instruct Self Certified Syndicate Banks (SCSB) to unblock the application money in the bank account after the finalization of basis of allotment.

Some of the IPOs which have seen withdrawal of applications by retailers and HNI categories post closure but before allotment of shares are Purvankara Projects, Deccan Airlines, Cairn India, Housing Development Infrastructure Limited, IVR Prime, KPR Mills, SVPCL, Vaswani Industries, etc.

Sir,

Please clarify .... Have up updated yourself with the new rules wef 01st Janaury 2016?

Mr. Sailesh

I differ with you.

Effective from 01-01-2016, no provision for withdrawal of application after closure of issue. In fact I have made an attempt but failed. A communication received from the REGISTRAR is reproduced below for information.

"Dear Investor,

In accordance with SEBI (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2015 dated August 14, 2015 (which was effective from January 01, 2016), the retail investors may either withdraw or revise their bids until closure of the Issue. Further the request for withdrawals in IPOs have to be made through the intermediary through whom such applications were made during the Offer Period. The same has been clearly stated in the RHP issued by the Company under cla5.4 under the head “WITHDRAWAL OF BIDS” on page no. 396 of the RHP. For your ready reference, please find below the disclosures made in the RHP:

a) RIIs can withdraw their Bids until Bid/Offer Closing Date. In case a RII wishes to withdraw the Bid during the Bid/Offer Period, the same can be done by submitting a request for the same to the concerned Designated Intermediary who shall do the requisite, including unblocking of the funds by the SCSB in the ASBA Account.

Since no applications were made by you for withdrawal until the Bid/Offer Closing Date i.e. until February 10, 2016, we are not in a position to process your request for the reasons stated above and in accordance with the disclosures made in the RHP.

We are disposing of your request with no further action at our end.

Regards,
Nilesh"

This is just to distract you a little from the IPO woes :
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now back to IPOs....

I think with so much of panic it wont be listing at too much discount rather kindly wait and see it might also list in profit so rather than panicking wait and watch

Buy nifty @ opening bell sl 6868 tgt 7380-7566-7777-7979

Till the today amounts of this ipo is not blocked by my axis bank. If any please reply me

Guys I tequest everyone to send request to bank to cancel ur application. As you know it sureshot going to list at discount.let there be a msg sent to sebi. And dear finance minister and governor who are sleeping in this market rout.check dow jones which hasnt fall as much nor its stocks get hammered like ones in india. Rbi isnt doing any monetor easing which is poor policy.

Application cancel kitne din tak hota he.??.?

Application cancel kitne din tak hota he.??.?

RETAIL INVESTOR MUST COMPLAIN TO SEBI TO ALLOW THEM TO WITHDARAW IPO BIDS AND NOT TO ALLOW IPO ABOVE 15 P.E. RATIO

quick heal and pcl both are bad ipo due to huge sell off in market what is gmp quick heal it may list at 297

Once blocked, money cannot be withdrawn but application can be withdrawn. Application can be withdrawn by writing to bank where you applied upto bid closing date, thereafter by writing to registrar, but before finalisation of allottement. Once allotted nothing can be done. Money can be withdrawn only after withdrawal of bid by abovementioned methods and thereafter unblocking of lien by the bank

what is strategy for teamlease ? At 10 am will it list ?

309. Shailesh Feb 10, 2016 1:55:47 PM IST Reply
-7200 clozing is next target 6970

307. Shailesh Feb 10, 2016 1:52:59 PM IST Reply
pablic ko lot lege ye ipo wale

Market down

Loooooooooooootoooooooooooo
Kuuuuuuuuuuutoooooooooooo

eagleye, you are till great, do not worry, everybody is fail in today`s scenario

Thank you Sir ... for your kind words of encouragement ... _/\_

Dont worry eagleye this is a part of stock market i think you have not seen market freeze on lower circuit. When market shuts for 1 hour. This situation is better then that. Dont worry for quick heal listing it will definately list at premium.