I HAD APPLIED FOR 2125 SHARES FOR RS.95625. I WANT MY MONEY TO BE WITHDRAWN. I DONT WANT THESE SHARES.
NAME OF APPLICANT- SONA JHA ADDRESS- B-6/30,UCIL COLONY,NARWAPAHAR APPLICATION NO.- 8042380 NO. OF SHARES BID FOR- 2125 AMOUNT PAID- RS.95625.00 CHEQUE NO.- THROUGH ONLINE BANK AND BRANCH DETAIL- ICICI BANK, BISTUPUR,JAMSHEDPUR.
The Company (“SVPCL” or “Petitioner”) had filed a writ petition being W.P. M.P. No 1267 of 2008 in W.P. No.1061 0f 2008 in the Hon’ble High Court, Andhra Pradesh against Securities Exchange Board of India, Bombay Stock Exchange, National Stock Exchange, Union of India, Aarthi Consultants Private Limited, BOB Capital Markets Limited and UTI Securities Limited.
The Hon’ble High Court, Andhra Pradesh passed the following order on January 24, 2008 in the above writ petition:
“By order of High Court dated 24-1-2008 in WPMP No. 1267 of 2008 in WP No. 1061 of 2008 filed by the petitioner(s) namely M/s SVPCL Limited, A Public Limited Company, by its Managing Director K Mallikarjuna Reddy while directing the registry to list the matter after ten (10) days the addressees viz 5 and 6 Bombay Stock Exchange rep by its Executive Officer Dalal Street Mumbai 6. National Stock Exchange Rep by its Chief Executive Officer Bandra Kurla Complex Mumbai are directed to grant listing only and not for trading in terms of respondent' s letter dated 4/1/2008 for a period of four (04) weeks - Order Follows
High Court”
We are awaiting the [outcome] implementation of the order.
svpcl is saying daily there is final judgement on 18, 21 and now on 25 feb what we expect they are saying trueor false cnbc had already taken interview but they donot do anything now we can come together and do any thingand now on company website is thtat highcourt has only granted for listing not for trading if they alloct the share then we will lose our money kindly see on company website-svpcl .com
I had also applied for SVPCL 1000 Shares * 3 Application my Rs 1,35,000 have blocked. There is no response from Register(Aarthi Consultants and SVPCL ) They are only replying that they are waiting for SEBI approval or case is subjudice etc. In my life I have never seen such type of case. Our money should be returned withing 15-30 days but we are waiting from last 4 month. Aarthi Consultants, SVPCL, SEBI, Courts ,Company Law Board and Department of Company Affairs, and Finance Minister .... What are doing in this regard ? Print Media and electronic media is also silent in this matter .... I think the Investor sould unite and get their money refunded with interest we should not accept any share .
Yesterday I spoke to UTI Securities they have alloted a special telephone number to attend the calls of SVPCL Ltd IPO and the said call is being recorded the telephone no is 022-67515812. They said the case is pending with court and until the decission is not received they cant do anything and have asked to wait for 2 weeks, So all of you call the said number and speak to them they will be asking you to send your application for cancellation on fax no. 67515820
Any ONE investors file a PIL AGAINST THEM....We will all share the expense in TRUE FAITH........ANY ONE FROM HYDERABAD... PLEASE COME AHEAD..... THEY CANNOT TAKE US FOR GRANTED.......WE WILL HAVE TO GET MORE PRACTICAL........... PLEASE NOTE:OUR FIGHT IS FOR 100%REFUND WITH INTEREST ..NO allotment.......
NOW DEAR FRIENDS NEW STORY NO REFUND ONLY ALLOTEMENT, SEBI REFUSE AND NOW THIS BASTUD ARE GOING TO COURT THEY MIGHT TAKE ANOTHER ONE MONTH PL STOP THEM AND ASK FOR REFUND OTHER WISE IF U GOT ALLOTEMNET YR VALUE OF THE MONEY WILL BE ONLY 10% PL TAKE LEAGAL ACTION AND PHONE THEM AND ASK FOR REFUND NOT ALLOTEMENT OF SHARES, GIVE THIS TO ALL NEWSPAPER IF U WONT UR MONEY BACK OTHERWISE FORGET IT
Hi Friends Here is the reply to my mail that i have posted at 470 on 19/02/2008.
Dear Sir/Madam,
This has reference to your enquiry on SVPCL Ltd. We would like to inform that:
1) As directed by SEBI, all the formailities were complied with by the Company and the basis of allotment of shares was filed with BSE on 16.01.2008. The Company also filed the listing application on 17.01.2008 and the approval for the same was not accorded by BSE.
2) In view of this, the Company has moved the Hon'ble High Court of AP, which has issued interim orders to BSE and NSE on 24.01.2008 to grant listing of shares of the Company. BSE & NSE have filed counters with the court and the matter is sub-judice.
3) Interest will be paid to the applicants @15% p.a., on the bid / application amount for the delay beyond 10.11.2007 till the date of allotment as per SEBI guidelines.
We are awaiting the approvals, to proceed further in this regard.
DEAR ALL INVESTER OF SVPCL SINCE LAST WEEK THE PERSON WHO IS ANSWERING WAS TELLING US THAT THERE IS A MEETING ON 18 TH FEB AND THEY WILL DECIDE WHAT TO DO WITH OUR MONEY AND TELLING ME THAT DO NOT WORRY ABOUT THE MONEY IT IS SAFE NOW WHEN AFTER THE MEETING IT COMES TO OUR ATTENTION THAT THEY ALL DIRECTORS ARE LAUGHING ON THE INVESTERS WHO APPLY FOR IPO AND DECIDED NOT TO REFUND ANY THING UNTILL MATTER GOES TO COURT OF LAW, THEY ARE JUST PLAYING WITH ALL OF US PL TAKE LEAGAL ACTION OTHERWISE FORGET IT YR HARD MONEY AND PL DO NOT REQUEST THEM THREAT THEM IT IS YOUR HARD MONEY MANY THANKS
WHAT HAPPING,IS THERE ANY UPDATION DETAIL OF OUR APP.AS MENTIONED BELOW 1715621 NASEER HILAL 1715619 NAZIYA REHMAN 1715719 GULRANA MUNEER 1715722 MOHD IQBAL