It is surprising to note that despite putting application for 1600 shares, maximum under retail quota, 5 of our friends (including me) have not got the allotment. Moreover, refund is not yet recvd. This reflects that the registrar to the issue has not handled the case properly and diligently.
Varun is expected to list tomorrow at 100-110. Don't book your profit on listing but keep the stock and wait for the market condition to be better. Within a short time, if market touches 20K again, this stock will be trading at 135-150.
When should we expect the refund from the Varun Industries ? The way their Regr. is behaving looks as if the refund is going to be delayed for next 5-7-days.
Whats cooking in varun. Bigshare site is down for the last 2 days. Whenever I call them, either the concerned person is not available or they are doing lunch, etc. I dont understand whats going on.. ANy insight on this.