Servalakshmi Paper Ltd IPO Message Board (Page 6)

Dear n kumar Sir,
I am not talking about fundametals of the company at all.This is the matter belongs to BRLM and rating agency. AS far as market is concerned the profit or loss is depends on the pricing of issue .That why very good and fundamentally sound companies like NHPC ,IB power and sutlej.PFS they are very good.They are good if they could have been offered at half price.
In the vise versa " for example take servalaxmi paper is not fundamentally strong compared to PFS and other such issues but if the price is offered at 10 to 12 Rs instead of 39 Rs this will be good issue.It means again it is the pricing matter.

Another example : Infosys if you buy today blindly(known as good company)for 4000/- you have to loose 1000/- as market price around 3000/-.
Satyam computer if you bought today with somebody at Rs 20/- it means you are lucky by around Rs 50/-

Conclusion : In the market there is nothing good or bad every thing with rate------

Seenuipo,
I dont think it is a mistake on part of Madhur Kotharay ji not applying in Servalakshmi paper type of issues. I still agree if he invests in Innoventive as there business is doing good but unfortunately the price is not according to market expectations. Moreover people got addicted to irrational gains ia @ mercy of operators now a days. Until now i am restraining myself but u never know when we really get tempted. Lately OMKAR and SHILPI has shown some fear to retailers otherwise this type of issues will get good o/s.

Dear Madhur Kotharay,

I think you made a mistake by not applying even for one lot atleast for such issues .The companies like fundamentals does not justify asking prices in RKDL,sudhar,finotexacropetal and shekawati even in shilpi cable done very well and companies very very good fundamentals but stiffly priced yave failed as IB power,
NHPC ,Sutlez and PFS and A2Z maintanance

Hence my request is observe the price movemnt on the listing day and take long or short position for the rest of day.

seenuipo
I hv applied only 3lot of Servalakshmi...so my risk is low ...at listing time there may be a chance for exit with profit...If issue price break i will exit at that time with booking loss
This is a small isssue.very less applicants were alloted huge amt of share(Full Allotment) So mismanipulation is easy for this type of stcok.low risk high return chance is here.but everyone should exti on first hour of listing day.

Hello Sridharji,
You told on 29-04-11 that you are sending physical application form. When your decision will come out stating the withdrawl of application I have taken exposure with Rs 86000/-.

Cancellation by stopping the cheque will attract the charges but it is better to go by ASBA and send email with scanned copy or FAX to registrar so that banks will not levy check defaulter charges and normal intrest of 4% will not be used.

Moreover this procedure for sending request is already mentioned in evevy RHP.

Hai santhosh sir,
In S.No 71 you are asking for the procedure for cancellation and in S.No 81 you are expressing view on penny issues.Finally what you are going to do.

Has any body applied in this IPO? I hv recently started in applying in such speculative IPOs with listing gain perspective.
Paramount Packaging was first such IPO & hopeful for some listing gain.

Servalashmi coming to fundamentals is not such a bad story with co promoted by a technocrat with 30 year old experience & track record who have also invested 60 crores recentlyy in the co.This coupled with 60 crores raised from public imples 100 crore cash & market cap for this co is only 100 crore which is attractive alongwith book value.

Keynote capital track record is also not bad with IPos like Thangamyail Jewellery,Prakash Steelage,Bedmutha,Gravita India to its credit.

So friends well versed in art of investing in s[eculative IPos pl advise what to do as the cheques hv still not been cleared.IHv put in 3 applications of 3400 shares each.

Pl advise as the cheque will come for clearance on monday.

chirag,

Just by sending email link intime is not cancelling the application. We want to write down the demat id, appln number, name details in paper and sign it, then scan it and send as attachment as proof. Later we need to send the document in post mail to them

Dear Friends
Servalakshmi like companies rarely list in discount.Shilpi,Fineotex,sudar,acropetal,ravi kumar,spy,tirupathi inks,bedmutha,gyscoal alloys etc whatever company they listed
in premium.Omkar chem listed in discount.Book ur profit/loss on listimg day.
Discloser- I hv applied 600 share of Servalakshmi .Plan for take risk.
I also applied Muthoot.
Plan for appling PFC,Galaxy

hey what is scanned withdrawl request duly signed .
do we need withdrawl request :-?? bt i have not applied for withdrawl so mera ogha ki nahi ? .

Gem,

But the application number has alphabets in it - That surprises me
the application number is 211I0124865.

Foe everyone's infor - While sending email, we need to attach a scanned withdrawal request duly signed.

levin lenus

go to INVESTMENT--> ONLINE ASBA-->STATUS ENQURY and change the FROM DATE and u will see applcn no

Hi,

I applied through Axis bank Online ASBA.
Where can I find the application number - In axis bank, I see application number is of 11 characters. Is that the correct number - Earlier when I was using ICICI direct, I remember I see 16 characters.
Pls guide me.

SERVALAXMI
WILL
LIST
Rs.35
.

Sreedhar, sorry not to mention yr name in my last post. I missed

73-Are u on the same view on Innovative though its some what fundamentally better than servalakshmi.

Friends,
Those who have applied will get full allotment.Full allotment is very dangerous in such type of Issues.Gain of 20 K will not give that much happiness as losing even 2000 Rs.So you can send a mail to Linkintime at spl.ipo@linkintime.co.in.Just mail them asking them not to consider your application & giving your application no,name & demat details,

Dear all my friends i don't know why u applied such a stupied IPO.I thought all the retail investor get full allotment because the cheque applicant may stop there cheque. So ASBA applicant send ur application and pan number to the register for cancel ur application else ready for huge loss. Best of luck for future...........

I hv applied Servalakshmi through SBI ASBA...What is the procedure for Cancellation/Withdraw the application...

hey please give procedure for cancelling bid :) please itxzs urgent . i applied through ASBA in bot sarvalakshmi n innoventive ;) please post is fast as possible re ;) .