I AM FULLY AGREED WITH YOU. THE RETAIL INVESTORS WOULD BE SAFE ONLY WHEN THE SEBI WILL CANCEL THE ISSUE. I HAVE NOT STOPPED SENDING THE MAILS TO SEBI. I AM CONTINUOUSLY SENDING THE MAILS TO SEBI TO CANCEL THE ISSUE. AND I REQUEST ALL THE SMALL INVESTORS TO SEND AS MANY MAILS AS YOU CAN.
BUT, I THINK SEBI WILL GIVE SOMETHING IN FAVOUR OF RETAIL INVESTORS. IF NOT CANCEL THE ISSUE, THEN THEY WILL GIVE THE WITHDRAWAL FACILITY TO THE INVESTORS.
DEAR INVESTORS, IT IS LIKELY THAT ORDER FOR LISTING TO COME, PLEASE BE AWARE AND CONTINUE YOUR AGITATION WITH SEBI. THE MARKET IS SO BAD THAT IF LISTING HAPPENS THE INVESTOR ARE TO MAKE HUGE LOSSES. IF YOU THING SEBI IS REALLY INVESTOR FRIENDLY THAN THE ISSUE SHOULD BE CANCELLED. PLEASE KEEP SENDING MAILS TO SEBI.
SEBI IS LOCKED IN BOTH WAYS FROM THE INVESTOR AND THE VASWANI AND THE LEAD MANAGERS EVERYONE NOW A DAYS WANTS CBI INQURIY THEN WHAT IS THE ROLE OF SEBI LET THEM WORK AND DO YOU FEEL THAT CBI HAS SO MUCH STAFF TO HANDLE ALL ENQUIRES
I AM FULLY AGREED WITH YOU. I HAVE NOT STOPPED MAILING TO SEBI. I AM CONTINUESLY SENDING THE MAILS TO SEBI TO CANCEL THE VASWANI IPO.
EVEN IN CASE OF WITHDRAWAL OPTION, THE SMALL INVESTORS WILL BE THE LOOSERS. IF SEBI WANTS TO TEACH THE LESSON TO THE CHEATERS THEN THEY SHOULD CANCEL THE IPO. IT IS IN THE INTEREST OF THE INVESTORS AND EVEN IN THE INTEREST OF THE COUNTRY. SO, THE SEBI SHOULD SHOW ITS STRENGTH.
kindly attention please, there is information that ahmedabad base operator has signed bogas applications to SEBI to list vaswvani.signatures in applications for listing dosent tally.(so singns are bogas.)so all the applicants are requested to send mails to cancell vasvani.and investigation aginst operators & pramoters should be done by cbi.
FROM 3 MAY the money is locked noting is going to hapen and those who stopped the listing are to blame atleast you would have got 90% money back wait for litigation
Thanks for your comments. Sreedhar ji, you are right, vaswani ipo was not worth applying. I applied 10 app. on the last day at 5.30 pm. Calculated that I would be allotted 1000 share per app. So, I sold 10000 shares in grey market on premium. But co fradulantly allotted 3000 shares. Sreedhar ji, everybody is mantally prepared for the loss in this market from fluctuations but not the fraud like Vaswani. Now, your opinion is that this ipo would be cancelled. But I think otherwise. If it is cancelled, then co will go to high court against sebi order. I think sebi will give withdrawal option. But mostly retailers have sold the shares in grey market on heavy discount, so they cannot withdraw. So, it is better for us to cancel the ipo.
Sreedhar ji, your expert comments and advice in this regard pl. withdraw the appl.
GOEL BERIWALA, No one is interested anymore in Vaswani after checking the subscription in Timber home.People will not learn & continue to invest in such IPOs.Those who apply should be willing to bear losses.No gain without pain. Lot of friends posted mails as a matter of one time sympathy for such investors.Dear friend it is not a crime to apply for IPOs like Timbor but at the same time you may have to bear shocks like Vaswani.Such chota issues give maximum profit so at the same time people should be willing to bear the losses which sometimes occur. People should not act like cry babies.
Never mind Vaswani will be most probably cancelled so your money is safe.
"However, investors must take note that the minimum investment in these bonds is Rs 1 lakh and in multiples of Rs 10,000 above that. Besides, investors cannot tender their bonds back to the company before maturity while the company reserves the right to repay the redemption amount (Rs 20,116) at the end of seven years for 10-year bonds and at the end of 10 years (Rs 27,761) for 15-year bonds. Those looking for getting back the invested savings early will have to sell the bonds on the stock markets," said Pramod.