SVPCL Limited IPO Message Board (Page 15)

THANKS TO CHITTORGARH.COM

Thanks to Chittorgarh.com staff members,& all of you for visiting this site & sharing informations. Thank you again

THANKS TO CHITTORGARH.COM

thanks Chittorgarh & your team.,

Bellow message is displayed on http://www.svpcl.com/

"The Applicants/Subscribers to the public issue of M/s SVPCL Limited are hereby informed that pursuant to Hon’ble Supreme Court orders (case No. 4129 of 2008), necessary steps are being taken for refunding the application money to all the applicants concerned. :: 20 Aug 2008"

guys u all should thank Chittorgarh team for this forum...if not anything we all had some moral support from each other bcoz of this site...

ipo alomnet

finally hum jeet gaye

ar pament return kardo share nahi chaiye

dukh bhare din beete re bhaiyya ...sukh bhare din aayo re ....supreme court zindabad, svpcl zindabad , arthi consultants zindabad

We are very thankful to www.chittorgarh.com for giving us a common platform to express our views against SVPCL.

Dear friends
u can get all money back in 7 working days with interst of 15% it is confirm all the best

in how many days we will get refund
svpcl company is saying that the supremecourt has given judgement i have talk at6.30pm today when i see the news in cnbc tv 18

SVPCL Ltd to refund the money raised through IPO - Supreme Court

Giving the break to one of the worst IPO processing’s in current time; Supreme Court (SC) rejected SVPCL’s appeal and urged them to refund the money to the investors.

The SVPCL IPO was open from October 22, 2007 to October 26, 2007 and subscribed 1.09 times (retail 2.2419 times). Company filed for listing at BSE on 17th January 2008 but BSE rejected the application as Post issue Merchant Bankers (UTI Securities Limited) didn’t provided an undertaking as required. Company moved to Andhra Pradesh High Court and then Supreme Court but lost the both the cases. Since Oct 2007 thousands of investor’s money got stuck due to these legal problems.

Today once SC rejected SVPCL’s appeal, it’s now clear that SVPCL has to refund the money back to its IPO investors soon. SVPCL Ltd officials were unable to comment of this.

Hooorrreeeyyyeeee.......we won.........thanks NJ for information

http://news.moneycontrol.com/india/news/ipo-issues-open/svpcl-to-refund-ipo-application-money-to-investors/18/48/352690

SVPCL to refund IPO application money to investors
Published on Wed, Aug 20 at 17:31 , Updated at Wed, Aug 20 at 17:44
Source : CNBC-TV18


SC has rejected SVPCL petition that challenges BSE turning down its IPO. SVPCL will refund application money to investors, reports CNBC-TV18.

The company had entered capital market with a public issue of Rs 34.50 crore through a 100 per cent book-building process between October 22-26, 2007. The price band was at Rs 40-45 per equity share. Its issue just subscribed 1.09 times, as per NSE website data.

BOB Capital Markets Ltd was the book running lead manager for the issue and UTI Securities Ltd is the co-BRLM.

yes its 100 percent true ....big fraud ..svpcl lost the case ...isse kahte hain ...sacchein ka bolbala ...svpcl ka mooh kala

Any one have correct information regarding yesterday judgment?

plzzzzzzzzzzz let me know

kya kisike pas koi news hai svpcl k supreme court k decesion k bare me.
pls inform us.

Hello sam, is this true? if not then don't play with our emotion

SVPCL loses case, Supreme Court rejects SVPCL appeal
Supreme Court says, “No Need for Interference”
SVPCL to pay all application money to investors