Varun Industries Limited IPO Message Board (Page 32)

Varun Industries Ltd's public issue received a buoyant response from almost 1,00,0000 investors, with more than 25 times over subscription. These are the provisional figures given by the registrar to the issue Big Share Services Pvt. Ltd.

source : moneycontrol.com

The main reason for different subscription is that sub brokers have to submit their forms in the banks assigned in case of fixed issues. Hence as and when sub brokers submit their forms subscriptions changes.Hope addresed your queries.And and and lucky people who will be allotted will get minimum 100shares as this was the mini lot to subscribe .Thank you. Bye.

rajesharoraa, IPO closed just last week, you wont know the allotment status for another 20 working days (atleast)

Rgds,

Vinay

I have applied 600 shares please confrim me how many shares got.

Tx
Rajesh Arora

I applied for 1,02,000 worth of shares i.e 1700 shares in Varun IPO, THe system has accepted this request and shows executed in my ICICI Direct Order Account, as for a fixed Price IPO there is no option ofr retail or NonInstitutional, so can some body who knows this help of what would happen to my request.

IPO subsrcribed nearly 40 times overall, in retail it will be around 15-20 ( estimate), those applied full will get at least 50 shares.

I have applied for 1300

hi chances of allotment I have applied for 1500 shares..

These small time registrars always play fox and cheat the retail investors. Clearly something fishy is going on here. Is SEBI listening ?

Can Anybody tell me about Subscription details in Retail catagery?????

Until yesterday oversubscription figure was 25 and today it changed to 40. Something seems to be cooking internally.

this is the new msg on varun website check varun site on google
IPO News & Updates Press Releases
Varun Industries IPO oversubscribed nearly 40 times.


Varun Industries Ltd’s public issue received a buoyant response from almost 1,00,0000 investors, with nearly 40 times over subscription. These are the provisional figures given by the registrar to the issue Big Share Services Pvt. Ltd.

Varun Industries entered the capital market with a public issue of 90,00,000equity shares of face value Rs. 10 each at a fixed price of Rs. 60 per equity share. The issue closed on October 31, 2007.

Commenting on the response, Mr. Kiran Mehta CMD Varun Industries said, “The overwhelming response to our IPO fills us with joy and gratitude. The level of demand for shares in the IPO is a sign of confidence and indicates a very promising start to Varun’s future as a listed company. The response is from all the categories giving Varun Industries a healthy mix of investors from different segments."

Pursuant to the IPO, the paid up equity of the company would increase to Rs. 22.12 crore from the pre issue equity capital Rs.13.12.crore.

Varun Industries Limited is India’s largest exporter of stainless steel kitchenware and utensils and is now set to enter the retail market with its wide range of top quality exclusive products. The proceeds from this issue will go into launching of the Varun brand in the domestic market.

For more details contact: Lygia Dsouza- 23727400 (Varun Industries)

IPO News & Updates Press Releases
Varun Industries IPO oversubscribed nearly 40 times.


Varun Industries Ltd’s public issue received a buoyant response from almost 1,00,0000 investors, with nearly 40 times over subscription. These are the provisional figures given by the registrar to the issue Big Share Services Pvt. Ltd.

Varun Industries entered the capital market with a public issue of 90,00,000equity shares of face value Rs. 10 each at a fixed price of Rs. 60 per equity share. The issue closed on October 31, 2007.

Commenting on the response, Mr. Kiran Mehta CMD Varun Industries said, “The overwhelming response to our IPO fills us with joy and gratitude. The level of demand for shares in the IPO is a sign of confidence and indicates a very promising start to Varun’s future as a listed company. The response is from all the categories giving Varun Industries a healthy mix of investors from different segments."

Pursuant to the IPO, the paid up equity of the company would increase to Rs. 22.12 crore from the pre issue equity capital Rs.13.12.crore.

Varun Industries Limited is India’s largest exporter of stainless steel kitchenware and utensils and is now set to enter the retail market with its wide range of top quality exclusive products. The proceeds from this issue will go into launching of the Varun brand in the domestic market.

For more details contact: Lygia Dsouza- 23727400 (Varun Industries)

I Hv applied 500 shares of varun industry. How many I can get???

Hi All (Retail investors),

Please let us know for how many shares you have applied for in Varun Industries Limited IPO ???

Can anybody tell me about the Retail category subscription of varun industries ipo??????????

in grey market varun's primiyam is 53 rs.this [market]
may be depend on market.....!!!!!

Subscrobed by 25 times.
its Eps for FY07 is 14.88 & to this P/E is just 4.03...
its good profit earing, 45% divident paying company.
.
it will definatly list @ 80-87 considering listing P/E as 5.5

The following message is posted on website of Varun.


Varun Industries IPO oversubscribed more than 25 times.

Varun Industries Ltd’s public issue received a buoyant response from almost 1,00,0000 investors, with more than 25 times over subscription. These are the provisional figures given by the registrar to the issue Big Share Services Pvt. Ltd.

Varun Industries entered the capital market with a public issue of 90,00,000equity shares of face value Rs. 10 each at a fixed price of Rs. 60 per equity share. The issue closed on October 31, 2007.

Commenting on the response, Mr. Kiran Mehta CMD Varun Industries said, “The overwhelming response to our IPO fills us with joy and gratitude. The level of demand for shares in the IPO is a sign of confidence and indicates a very promising start to Varun’s future as a listed company. The response is from all the categories giving Varun Industries a healthy mix of investors from different segments."

Pursuant to the IPO, the paid up equity of the company would increase to Rs. 22.12 crore from the pre issue equity capital Rs.13.12.crore.

Varun Industries Limited is India’s largest exporter of stainless steel kitchenware and utensils and is now set to enter the retail market with its wide range of top quality exclusive products. The proceeds from this issue will go into launching of the Varun brand in the domestic market.

For more details contact: Lygia Dsouza- 23727400 (Varun Industries)

Hi investors,Varun industries subcribed more than 25 times ,i check it on company site,if u wont believe click here to know it really http://www.varun.com/ipo.html