301.6. lokes| Link| Bookmark|
March 29, 2022 12:39:49 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its surely looking like manipulated move today just to give confidence to investors to not to withdraw bids after yesterday's drama/panic and its easy to manipulate this share now and anyways they can sell later at such high prices once fpo will list or before list. Anyways i feel it will not go down below 700 or even if it goes then also in medium to longer term it will give good returns so no need to withdraw retail bids.
I applied to Ruchi Soya via SBI's ASBA facility, and now want to withdraw from the FPO. I can't see any option in Edit IPO or Applied IPO to withdraw the application. Also I did not receive any SMS from Ruchi Soya about the withdrawal process in contravention to SEBI's yesterday's directive. Can somebody please guide me through the required process/steps to withdraw from Ruchi Soya's FPO from SBI ASBA ?
Can you also pull the updated subscription from exchanges and add rows for day-4, 5, & 6 on the forum subscription page. so that we will get to know how subscription is reducing? Thanks,
Folks what is going on with this FPO being extended for 2 more days ?? Not sure what the issue is all about unsolicited SMSes and SEBI providing window to withdraw bids until tomorrow ...What is the issue here , can somebody explain and why did sebi provided the option to withdraw .... Do you guys recommend to withdraw ?
Is there an option to withdraw our FPO retail application for Ruchi soya?
Hearing that SEBI directed Ruchi soya to give the option to withdraw the application(apart from anchor investors) FYI: I am not going to withdraw but thought of knowing the fact.
Shanm yes there is three days window starting from today to 31st March for withdrawing the application.
294. k l patel| Link| Bookmark|
March 29, 2022 10:07:56 AM
Top Contributor (500+ Posts, 200+ Likes)
how sebi decided that sms were sent by ruchi soya or patanjali only, and not by others.... sebi officials should be sent to jail for 2 days if its proved that sms were not sent by ruchi soya company.
294.1. arunARUN| Link| Bookmark|
March 29, 2022 11:50:18 AM
IPO Guru (1900+ Posts, 1600+ Likes)
Too extreme view point. Sebi had given chance to merchant bankers to explain. They had taken middle path by giving withdrawal option to applicants. Fresh applications can not be made. This option is not available to anchor investor (they are supposed to smart enough to be not influenced by such messages)