I am also from Hyderabad and I know the story. What happended to M/s Pochiraju Industries where the project has not yet started. Our family got from 1100 odd shares and we have sold it at around 58 thereby we made good profits.Sensex is around 18000 and any issue with at par means even it is not worth 0.50 paise also will command good premium. SO we are targetting only listing gains. once the market starts crashing then u wont find companies like this in the list of daily traded companies. Only thing iam concerned about the manipulation of allotment.
You dont have to feel bad about these types of issues. This is not a good company for investing. If good luck is there on the listing day people will make money. After two year this stock will be available at 76 rupees.... after 5 years will be at 3 rupesss. Be careful guys with your money.
Even when i inquired first i Got the news that overall issue got subscribed by 17 times and now they are saying it is 19 times in retail and 19 times overall
What Mr 109 & MR 111 is absolutely right. SEBI has to step in and look into the allotment procedure and receipt of late aplications etc . Infact our forum is planning to complain the SEBI in this regard requesting them to inquire any fake allotment procedure taking place
Hello Dilip I just wanted to know from u regarding allotment of saamya biotech shares My application No 2706841 I have applied for 5000 shares Can u tell me I have get how many shares or refund order On which web site allotment of shares is given Thanks
would u think any complaint made against company solve the problem occured in this coompany? Every one indian is knowing every where curruption ,gilty Aur kya kya nahi hai
.WHAT MR WATCHDOG HAS SAID AT 108 ABOVE IS ABSOLUTELY CORRECT. THEY TOLD ME THAT THE ISSUE WAS OVERSUBSCRIBED ONLY THREE TIMES AFTER THREE DAYS OF CLOSING DATE. THE RETAIL WAS NEVER SUBSCRIBED. NOW THEY ARE TELLING THAT THE ISSUE IS SUBSCRIBED 19 TIMES AND ALSO THE RETAIL SUBSCRIBED 19 TIMES. HOW COULD THIS HAPPEN UNLESS THEY MANIPULATE THINGS. iT IS TIME THAT SEBI SHOULD STEPP IN AND MAKE THE ONE MONTHS ISSUES ALSO MORE TRANSPERANT.I VERYMUCH WISH LOT MORE VOICES RAISE THIS ISSUE ON THE PROPER FORUM TO GRAB JUSTICE TO SMALL INVESTORS. THANKQ
Hi 99 & 97. This issue is rigged.Since it is a fixed price issue they can take in apps even after closing date.In book building it is not possible as once the issue closes at NSE & BSe,on the last day no more back door apps. In FPO physical apps can be recd in collusion with collecting bankers who need float money, even 2 days after issue closing date.Management and parties close to them will be able to do this.They will keep track of oversubscription and put in last minute apps of high value to corner allotments.50% for retail and another 50% for all categories.That is how the GMP will also go up.Consider yourself lucky on allotment and sell to make listing gains.These are not compaies worth holding after 2 days of listing.
As SAAMYA is a fixed price IPO, all the more reason for it to list early. I see no reason for delay and secrecy. Would the Registrars clarify for the benefit of all concerned.
Saamya Biotech IPO closed for subscription. However since the Saamya Biotech IPO was a fixed price IPO, the subscription details of Saamya Biotech IPO are not yet known. The Allotment process for the Saamya Biotech IPO will take 30 days and hence the Saamya Biotech IPO allotment status will be available only in the last week of October. Listing is expected anywhere in the first week of November.
Is anyone have any information about Samya biotech,when the allotment will be done,and when it's going to be listing.Chances of allotment..thanx in advance..
On 29/09 SHIVAPPAN wrote at serial Mo 71 of this column that he had checked from registrars and oversubscription was 3 times. How has the subscription increasednow? Is it because premium has built up and suddenly we find more subscription.