BSE be aware that Mr. Kamalkumar Kothari, promoter of the Guiness corporate advisors Pvt Ltd (Merchant Banker) is playing negative role in all the issues. You can check out the same from the experience with Pantomath, Hem Securities and First Overseas Capital Limited. This time the company U.H. Zaveri Limited was made victim of his poor act.
I will like to bring to your notice that nowdays any company is coming with an issue with no strict monitoring agency to collect money from investor
UH zaveri has come with issue which is down 28 pc on single day on its first day of listing
1)Market maker did not make any trade despite too many sellers in this stock
If such companies are coming with ipo without any strict regulation they are just to take away public money and no one has carried any checks or protection of investor wealth been made
3)First overseas did not act as market maker so what is the purpose of market maker
also a visit needs to be made at their premise to check if this company exist or is it a shell company
5) what steps sebi has undertaken for such company coming with ipo with no background history and has SEBI made anything mandatory provision or strict regulation against such company which have just started and came with SME
Please check if company have any illegal proceeding and if yes please, ask them to refund public money
First of all i would like to bring to your kind attention that whatever happened as on the date of listing i.e. 22nd May, 2018 was not at all expected from all the investors.
But on the basis of unauthrozed sources from market, i came to know that the act played on listing day was not in the control of Promoters and investors. Such act was done by group of investors, Competitor Merchant bankers with a malafide intention to destroy the image of the Company, Promoters and Merchant Banker.
Further, Mr. Kamalkumar Kothari, promoter of the Guiness corporate advisors Pvt Ltd (Merchant Banker) has played vital role to distroy the screen of U.H Zaveri Limited.
The Promoters of the company are strongly stands with the investors who have invested their hard earned money in the Initial Public Offer.
Group of rich people have played with the hard earned money of investors.
22.1. MAMU| Link| Bookmark|
May 24, 2018 9:16:56 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Ahmedabad based operator will settle all the deals of kostak tomorrow with the price of 22/-. Aftrr few days it will be in 20% range. Wait for buying opportunity. And Hold if you alloted. No need to sell in panic as almost 80% shares settle. and remaing will tomorrow.
I would suggest to hold the share. Rather i suggest to invest invest more in the script at price of Rs. 24/-. Today, there was upper circuit in the script. As per the unauthrozed sources, i came to know that the price will go up.
Looking at the fundamentals of the company U.H Zaveri Limited, we have come out with following conclusion.
1. The Promoter of U. H. Zaveri Limited is in the business of Gold and Silver Ornaments since last 20 years through their Proprietary Firm "M/s. Zaveri" owned by Mr. Hitesh M. Shah. The company has maintained its Brand image and reputation by delivering prompt services to their client since last 20 years in the local market.
2. The registered office of the company situated at "GF/2, Manish Complex, Indrajit Tenaments, Opp-Diamond Mill, Nikol Road Ahmedabad-382350, Gujarat" is also being owned by the Promoter.
3. Even in the short span of time from its Incorporation the company has managed to generate the Profit of Rs. 74.68 Lacs as on 31st January, 2018. So, we can presume that the company is very strong by fundamentals.
So, As per my view, its a good buy at the market of jewelley will be booming sector in near future. Buy at price of Rs. 24/- . I expect good return.
Today, the company has shown positive result and i also think that there will be upward trend onwards. I think it will be 2nd Multibager like Gautam Gems Limited.
can you share the article. is this for the stock price or something else? if this was something that has not been declared in prospectus then sebi can ask them to refund money. i remember pentagold got cancelled when they did not disclose some information if this is true why this was not done for this company i have hardly seen any sme fallen down 30 pc on 1 day
read today's navgujarat samay news paper they have published an article regarding increased volume with an upper circuit, i think it will be soon show upward trend from now
17. Huzefa| Link| Bookmark|
May 23, 2018 10:02:36 AM
Top Contributor (300+ Posts, 200+ Likes)
@Umang, What to do with Cadsys? Miss a good opportunity to cash in where it was above 110. Now it has gone below the issue price. Whats your view for short & long term?
@HUZEFA, It is trading at 80 against issue price 70. It is not trading in discount. I have existed at 90 in 2 app, one at 114.5. Still holding one application. I don't expect any substantial move in near future,after dismal results. Really disappointed with full year figures. You have to wait for long time(till next half year results) for any meaningful upmove, so it's better to switch to any other large or mid cap stock.
Thank God did not apply. I think there must be some news. I was planning to buy in opening but seeing at price avoid it. Any news about this company. It is now lesson to retailers to stay away from primary market sme. Between there must be something as never seen any sme fallen down 25 pc. This alloted register complaint with sebi and LM
Make complaint with sebi if there is any insider news about the company or if there is sebi complaint against promoters. Also LM is suppose to be market maker which has not happened here. So clearly no sebi rules followed and what role did sebi follow on this one. Pentax gold was cancelled when there was ligitatiin case pending with sebi. Why it did not happen with this one?
_______________________________________ 10. IPOANALYSIS May 21, 2018 4:14:29 PM IST I Like It. 2 | Report Abuse Reply IPO Mentor IPO Mentor (900+ Posts, 600+ Likes) Hold this stock tightly.
Gautam gems came at same price 36 rs and same LM is now 104 rs
UH zaveri is debt free company and is cheaper than its peers.
it can turn out to be multibagger like gautam gems, Shrenik
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9. IPOANALYSIS May 20, 2018 12:03:09 AM IST I Like It. 1 | Report Abuse Reply IPO Mentor IPO Mentor (900+ Posts, 600+ Likes) Grey market active in this one. wont be surprised if it cross 100 rs in 6 months to 1 year .
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8. IPOANALYSIS May 18, 2018 2:43:38 PM IST I Like It. 1 | Report Abuse Reply IPO Mentor IPO Mentor (900+ Posts, 600+ Likes) can this repeat success of gautam gems which was issued at same price 36 rs is now 104 rs.
I never asked anyone to apply in the IPO. The only thing was grey market showing premium of 3 rs which was incorrect. Lol. Looks like all false news. I never said anything until issue got closed as this was always risky.once it closed looks like operator tried to create false premium. I asked everyone to go for five core electronics and I applied which is above issue price.
I was positive as mention that there were wrong premium quoted in grey market. Anyway I think market condition are not good for primary market.check milestone too down and most of high subscription IPO as well. Best is to not go for any new primary market sme issue. You did not mention umang about five core electronics which I was positively be and give decent returns in listing which u said is not good and I made a mistake of applying
Ha ha.... I think u were fortunate that u get out in time in five core.... It is now available at issue price.....I always appreciate your views...... But don't post messages frequently, it sometimes losses your charm..... And don't reply to absurd one time visitors of this forum who wants to disgrace you.
13. MAMU| Link| Bookmark|
May 22, 2018 2:02:20 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Stop fighting... in love wer subscription very less are behave like RKEC and BRAND CONCEPT. as i mentioned above its all about to manage one's profit/loss balance sheet.
12. MAMU| Link| Bookmark|
May 22, 2018 11:20:34 AM
IPO Guru (2000+ Posts, 1200+ Likes)
I think 5-10% people only who had applied without subject 2 rates. Rest all are setting for profit / loss balance sheet.
I have heard that there were some complaints .check if news is true then how come sebi allowed issue to go through .a big fraud and investor have to make complaint for refund with sebi as this issue cannot come when there is complaints in police for owner.please check and verify for this news