SVPCL Limited IPO Message Board (Page 48)

I HAV REALIZED DAT I HAV PUT MY HANDS IN FIRE........I HEARD DAT IT WONT GIVE ANY PROFITS AND THE INVESTORS ARE THINKING IF THEY GET THEIR ACCTUAL AMT ITS HAPPY..

@ guru
For how many shares u had applied for & at what price ? cut off or fixed . got how much ?
Whast about refund ?

Investors are being fooled by rating the bekar companies as 3.5. Even after the lapse of one month,neither they have alloted shares nor refunded the amount, which results in loss of interest on the amount invested & also not going for subsribing to public issue in future. Regulators should step in & impose heavy penalties on the companies who have taken the gullible investors for a ride.

When companies & Registrars to the Issue are taking Investors for a ride, why the regulators are keeping quiet? Never in my life time apply to such Bekar companies nor advise anybody to go for subsribing to public issue.

HI
tODAY i RECEIVED THE ALLOTMENT OF 1200 SHARES @ 40 rS
fULL lOSS OF MONEY
aNY BODY IS READY TO BY @ 30 rS

never in life shall apply for the bekaaaar companies , who have neither there stand and neither have respect for the investors money

any one knows allotment date ??

hey..today, exactly a month has passed since the ipo was closed..what on earth are these guys doing...they cant play around with anyones hard earned money

@amit

Dont see any dream of allotment.. May b they will list next year. Bhai un logon ko ham logo ne finance jo kiya hai. Plz dont disturb them.

From this time we must take oath that we never go for aarticonsultant conducted IPO. Always they deal with only these types of company. Same thing happened with Saamya etc. These r choors aur chooron se mile hain. Even they r not going to pay us any refund because of subscription data. We will get shares of which the shares list with discount.

Sathya, Is the svpcl allotment out ???

please confirm my allotment application no.8042374

I woould like to inform applicants of this issue that money collected from all IPO's is held in a seperate escrow account by the bankers and nobody is allowed to use this amount. The company floating the issue gets to use the money for portion for which it is eligible only after allotment process is complete and excess money remains in the escrow account to repay the applicants back. Hence money is safe but the agony of waiting for refund will continue.

At what price is this locked... i think it should be @40/-.
Can anybody pls confirm.

as per my talk with svpcl company management allotment will be available on monday and theyll also pay interest on our money as per the regulations.

Let's keep our fingers crossed that the SVPCL guys are not on their way to somewhere like bahamas, panama, cuba, etc. with our money, or else forget about the refund/allotment.

Richa, no idea, when i last communicated with the SVPCL and aarthiconsultant people all they replied to my mail was:

Dear Sir/Madam,

Please note that the allotment of shares in SVPCL LTD has not been
completed. The company has sought certain clarifications from Securities
and Exchange Board of India (SEBI) and the same are expected to be
received in 2-3 days.

This is for your information.


Thanks & Regards

Aarthi Consultants Pvt Ltd
1-2-285, Domalguda,
Hyderabad-500029
Ph: 040-27638111, 27634445
Fax: 040-27632184


Let's wait till the end of this month, after that i think we should take some legal against the company.

So finally when is the allotment status of SVPCL coming ??

Got the same reply AarthiCons as Mr. Kumar said. Either the listing
will be done by next week or they will refund the amount
with interest.

Mr. Kool, I had talked to one Mr. Bhaskar, who sounded sensible and he assured me that the allotment will be out by next week. It seems it is SVPCL who is in touch with SEBI not Aaarthi. So they are not tobe blamed. In fact they too are equally embarassed about the delay. Let us take initiated some legal action if they do not respond by next week. In any case, the markets are so volatile, so its a blessing in disguise if it doesnot get listed these days.