Retail investors has just 32lakh shares only. This is 30% of 80 lakh shares they are offering.
So, retail investors can do two things here. 1) Apply and pray God that you will be allotted or 2) Since the chances of allotment is too low, dont apply and keep the money for better picks in secondary market
this first registar karvy rel power ipo open 11-feb-2008 but refund and allotment not recvd as on date if registar not take fully responsible why take big order retail investor worry
what about this issue? i like to say that if QIB willing to subcrib 4 or 5 time it is nopthing, because we have seen 85 time subcibed Reliance power. so IF QIB apply 20 time then this issue is safe for Retail investor. "NAHI TO ISSE BHI Emmar MGF KI TARA VAPAS BHAGAO " Retail Invester Can Do this. and now New sabi chairman came,he will work out underwritters POLAM POL.
Dear Investors Please go through the day by day subscription GSS America ...where is the NON Institutional are for the 3 days ..this is a worst cum worst fraud business and they got this co fully subscribed...to fool the retail investors...be careful ...we are still not forget the RPL power listing ...don't loose your hard earned money...I lost my money in BGR purchased on the listing day and Allotment IPO by Precision pipes and brigade enterprises also reliance power and i almost sitting in loss more than 2 lakhs..please be aware of New IPO...and the market trend is very
The company is good. The products are keeping high standards.. Starting from Stabilisers to the fantasy park.. This will be oversubscibed.. Performance comparable with Jyothi Laboratories
When you are applying for the IPO, if it is not online, one has to give the full address in the application. Most of the times, the brokers/sub-brokers casually fill up the form and it would be so difficult to read. I did experience it in several cases. Make sure to fill up the form neatly and fully.
GO AHEAD WITH ALL CONFIDENCE AND APPLY. V WILL GUARD YOU.
I think #22 AAR is absolutely correct. I checked my ICICI a/c and found out the following reality. INTIME are the fastest in making the refund. Following is my experience.
IPO Registrar Days to Refund JYOTHY LAB Intime 14 EDELWEISS Intime 14 KAUSHALYA INFR Intime 15 KOLTE PATIL DEV Bigshare15 POWER GRID Karvy 35 BURNPUR Niche 45 RELIANCE Karvy ??
Also, I don't think it is easy to open a bank a/c with a refund cheque. To open an account you need to give several documentary proof. If it is not online, one has to give the full address in the application. Most of the times, the brokers/sub-brokers casually fill up the form and it would be so difficult to read. I did experience it in several cases.
GO AHEAD WITH ALL CONFIDENCE AND APPLY. V WILL GUARD YOU.
These Intime people dont print bank a/c no. on refund chq. They also make deliberate mistakes either in the Name OR the Address so that the chq never reaches u. Contacting them is like getting US Visa. They will issue a new chq after getting stop payment confirmation from the Refund Banker on the original chq. If the chq falls into wrong hands in the meanwhile they can open a bank a/c in the name printed on the chq. and easily encash it. The whole thing can be stage managed also. So there is risk of you losing your money with people like Intime around. I dont understand how the SEBI lets any REGISTRAR go unpunished for severe crime like not writing Bank a/c no. of the investor on the Refund chq.
It is known that function of Intime are not satisfied. SO it is my opinion that the people of Intime should take take in future otherwise they will loose the business. Hope they will atmost care in this IPO.