for even small change in RHP any company has to give the option to investor to take back their application hence it was in wa tech also. but its just a small mannual mistake. still the valuation remains unchanged and hence the premium on opening. see the QIB and HNI subsription details and retail bit low in comparision. which paagal wants to take back his application now? stay invested. 300-400 rs permium it should easily open.
friends permotor ne profit badha chdha kar dikha rakha hai sabi enquiry beetha di hai . tabhi sebi ne ye order co ko diya ke jo applicant apni application wapas karna chata hai use moka diya jayee. after adjustment of new corrected figuers of profit .the valuations become highly expenses .so that stock can list with discount from issue price.
friends, hindustan dorr oliver is a better buy than VATECH. it is much older and experienced . share price already shot up in last 3 days. still cheap even at 150. BUY
Just in case if anyone wants to withdraw there application, its clearly mentioned in the link can do so by sending a duly signed letter with all details of there application before 11th Oct. Pls chk link in case.
This news is nothing new.. SP Tulsian had mentioned this in his analysis
Page 96 of the RHP, which states the basis for issue price, has compared the company with other listed players, including IVRCL Infra and Nagarjuna Constructions. This comparison is erroneous and mis-leading as it has a footnote that the figures are on consolidated basis, where infact, standalone numbers of peers have been stated. The company and merchant bankers cannot get away with such wrong deeds by quoting a private publication, atleast not in the offer document!
Dear Friends, All this news about VA TECH WABAG is fake. I just spoke to Karvy people and they have confirmed that they have not received any news from the company regarding refunding of allotment money due to the SEBI circular. Some people just like to play the fool with others by posting such silly messages.Regarding the allotment, the Karvy people said that it will be done latest by 7th October.Just relax and wait for the allotment and enjoy premium of Rs 300+ onb listing
do not blame chittorgarh experts if you suffer any losses for their advice. In Indian market , no one is expert if they say so..., but are BUNCH OF JOKERS... except FIIs. In indian market FIIs rock and then suck all..
Are yaar ... So this means the allotment will not be out till 12th and refund by ECS not before 14th :( And i don know why Chittorgarh has hard-coded my name as Sudesh Chopra :P