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Trafiksol ITS Technologies Limited IPO Message Board (Page 2)

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91. alok marwadi |   Link |  Bookmark | September 23, 2024 10:59:30 AM (200+ Posts)
I got 1 lot in 3 10 lotts appl. I ordered for sell of credited 2000 shares in preopen which was canceled.Now I am unable to see them in my holding in icici direct. Have they gone to escrow fund without any notice by sms or email to allotties or to media. Icici or other allotties please see. Are you also having same experience. What is going on now .
Pl let me know.
90. IPO.RESEARCH |   Link |  Bookmark | September 23, 2024 3:07:13 AM
How should this be concluded?
1. Allot and leave it on market to decide on what happens. Alloties may or may not be intrested anymore.
2. Cancel everything and give the money back with interest. Company will be unhappy.

In either case, not everyone be happy.
This looks ugly to me.
90.2. SME PLANNER |   Link |  Bookmark | September 23, 2024 12:16:02 PM
This should not have happened in the first instance. Now that it has happened the market has lost its confidence about this company. If BSE continues to list this, which it will do in all probability to save itself, it will give a clean exit to the promoters and big investors at the cost of retailers . So SEBI should not allow the listing and allotments have to be revoked and money has to be refunded back to investors. Or if they still want to go ahead with listing, retailers have to be given an option to withdraw before listing. I request members to share in your social media handles and also to take it up with SEBI and BSE
90.3. JustOrdinaryInvestor |   Link |  Bookmark | September 23, 2024 11:40:58 PM
Cancel and let company refloat its IPO later. There has been enough damage by this episode and everyone knows people will lose money. In fact had the exchange not done anything, people would have got good exit. There could be many such IPOs with dubious credentials but why only this IPO was singled out and held on listing?
89. KGSKIPO |   Link |  Bookmark | September 22, 2024 10:33:47 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Any information when it will list or relelase the money. Totally silent on BSE part.
88. Jay Vardayini |   Link |  Bookmark | September 20, 2024 7:57:57 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Don't worry Alloty Stock market me sab kuchh ho sakta hai ab patience rakhna padegaa
87. JustOrdinaryInvestor |   Link |  Bookmark | September 19, 2024 8:52:29 PM
I have sent an email to all asking for cancellation of allotment and refund. Lets see

87.6. Agrawal S |   Link |  Bookmark | October 1, 2024 6:02:55 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Saw this in X. Seems a long journey awaits for the allottes

87.7. JustOrdinaryInvestor |   Link |  Bookmark | October 1, 2024 7:14:56 PM
I think intent of company is clear, it has already got the IPO money and not willing to refund it back. Any honest company would have done it by now. Surprised by NIL action from BSE till now. Damage is already done, lower CKT confirmed on a daily basis
86. SME PLANNER |   Link |  Bookmark | September 19, 2024 5:30:20 PM
Please refer to message 85 of @GrayIsTheNewBlack , Can anyone guide how to get the list of QIB allotment like how he/she has posted?
85. SME PLANNER |   Link |  Bookmark | September 19, 2024 10:39:52 AM
There is no point discussing it here. We should request SEBI to direct BSE to refund the money and cancel allotment. This is not investors fault
84. Simon Gamit |   Link |  Bookmark | September 18, 2024 10:05:38 PM
Hi there users,

I have not got allotment but my money is still not unblocked, is this the case for all or is it just me?
84.1. Iposs |   Link |  Bookmark | September 19, 2024 10:18:32 AM (400+ Posts)
My money is unblocked. May be worth checking with the bank.
83. VeteranInvestor |   Link |  Bookmark | September 18, 2024 1:16:05 PM
Who will bear the opportunity cost of funds ? SEBI or BSE ?
82. k l patel |   Link |  Bookmark | September 18, 2024 10:13:32 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
trafiksol itself stuck in traffic jam before listing, lets hope signal wil turn green from red soon.......
81. Jawa |   Link |  Bookmark | September 18, 2024 3:38:36 AM
Press release by Trafiksol. Seems addressed the issues with exchanges and listing will happen soon.

81.1. colcol |   Link |  Bookmark | September 18, 2024 4:48:43 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
No where does the PR say the queries have been addressed. In fact, the language strongly suggests that the company is still in the process of answering them.
81.2. Jawa |   Link |  Bookmark | September 18, 2024 8:34:25 AM
@colcol sorry. you are right. I mistook thier statement "All listing formalities are addressed in yime excet listing"

Note: alloted 1/4 so eagerly tracking the updates.
80. Vnrao |   Link |  Bookmark | September 17, 2024 10:14:54 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Instead of postponing listing, SEBI should have stopped the opening of IPO itself, so that investors' money should not have been locked.
80.1. Nirmal Shah |   Link |  Bookmark | September 18, 2024 11:48:01 AM
I think sme ipos are approved by exchange and not sebi. Yes exchange should not allow ipo rather than allowing it and then hold the listing. Very bad management by exchange
79. SME PLANNER |   Link |  Bookmark | September 17, 2024 12:21:24 PM
SEBI should immediately intervene and refund the money to all the IPO allotees. This has to be raised in several forums and social media channels. Once suspision is raised, SEBI should not wait for the outcomes. Keeping investor's interest in mind, it has to order refund immediately. Request member of this forum to share this in your social media handles
79.1. Cautious ProPrio |   Link |  Bookmark | September 17, 2024 10:07:52 PM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
Sebi should be blamed seems
78. Gopal ओ३म् Nitika |   Link |  Bookmark | September 17, 2024 3:51:18 PM (300+ Posts)
​GMP is not zero admin disable gmp...
77. chIPOrgarh |   Link |  Bookmark | September 17, 2024 11:51:54 AM (300+ Posts)
Why now? BSE woke up at the last moment as usual.
76. SME PLANNER |   Link |  Bookmark | September 17, 2024 11:45:39 AM
SEBI should immediately intervene and refund the money to all the IPO allotees. This has to be raised in several forums and social media channels. Once suspision is raised, SEBI should not wait for the outcomes. Keeping investor's interest in mind, it has to order refund immediately
75. Prp |   Link |  Bookmark | September 17, 2024 8:08:46 AM
Morning all respected member
H have 1 lot of traficsol
Listing gain kitna hoga sir jee...
Thanks in advance
75.2. Sharvam |   Link |  Bookmark | September 17, 2024 9:33:15 AM
IPO Guru IPO Guru (1300+ Posts, 800+ Likes)
Aaj listing nahi hai.
75.3. Who Cares |   Link |  Bookmark | September 17, 2024 11:23:14 AM (300+ Posts)
लिस्टिंग गेन को मारो गोली, पहले अपना मूलधन पा लो तो जा कर गंगा नहाओ 🙄
74. Who Cares |   Link |  Bookmark | September 17, 2024 11:21:42 AM (300+ Posts)
फस गया पैसा 🤕। कभी लिस्टिंग हुई भी तो लोअर सर्किट पक्का 🥴
73. GrayIsTheNewBlack |   Link |  Bookmark | September 17, 2024 10:00:28 AM
IPO Guru IPO Guru (2700+ Posts, 1800+ Likes)
One thing I'm unable to understand, How did exchange approved the RHP in first place if the usage of IPO proceeds was not satisfactory ?
This will badly dent the sentiment in SMEs specifically.

@newgen consultancy @MuStrFc @rohiitian
73.10. Red Vs Green |   Link |  Bookmark | September 19, 2024 7:53:27 PM
@GrayIsTheNewBlackSir which app you are using to find out QIB allotment list as posted above.
73.11. SME PLANNER |   Link |  Bookmark | September 20, 2024 2:31:27 PM
Thank you for your reply. But pl mention the app with dots and hyphens
72. crsl |   Link |  Bookmark | September 17, 2024 9:46:09 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Listing Postponed