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Vaswani Industries Ltd IPO Message Board (Page 15)

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299. Pintu Sujangarh |   Link |  Bookmark | May 26, 2011 8:24:11 PM
Vaswani greymarket .75-1.25 Premium, after sebi action.
298. Sreedhar |   Link |  Bookmark | May 26, 2011 8:06:40 PM (900+ Posts)
Enjoy guys,You have been saved from the clutches of Vaswani by the important contribution made by all the friends in chittorgarh board.I know nobody will learn a lesson from this & they will continue applying to such faltu issues.

Consider this:
CHD May 23, 2011 12:17:56 PM IST | I Like It. Like | Report Abuse

CHD's - IPO Recommendations, IPO Comments, Public Profile
Sanghvi Forging & Engineering Ltd IPO
ONLY YESTERDAY I HAD PREDICTED THERE WILL BE FIREWORKS ON LISTING.....
SEE @ 49 ....

CONGRATS ALL YE SMART INVESTORS/ BRAVEHEARTS WHO HAVE MADE MONEY IN THIS IPO .... WHILE SO-CALLED EXPERTS WERE SCARED TO APPLY.

W e can easily see from this people are brave enough to apply.so they should be brave enough to suffer similar losses.Suppose a guy made 50 K in Sanghvi he should be ready to face similar losses.

So friends decide for yourselves If you are brave enough then please do not cry when you see extraordinary loss .As it was one time issue & people wanted to teach Vaswani a lesson they poured in their complaints.Next time it will be every one to himself & there should be no pity & remorse for such people who apply for these issues becos their sole aim is to make money & as this is gambling you will have same probability of success as you have in any casino.....

297. Ipofinder |   Link |  Bookmark | May 26, 2011 7:58:21 PM
Although the money is blocked for 30 days but we will get the interest of 15 % which is much better than the shock that vaswani would have given...
This is a very good lesson to the promoters/operators and BRLM..

these persons are responsible for this..Thanks to God
296. Ipofinder |   Link |  Bookmark | May 26, 2011 7:55:02 PM
For whatever time the money is blocked it is in Public issue account and we will get interest 15% so dont worry about that...
295. Priya Jain |   Link |  Bookmark | May 26, 2011 7:51:55 PM
I just got mail from Chittorgarh.com regarding vaswani IPO

SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:

1. Listing of security of the company should be stopped till an investigation of the withdrawal of applications is complete.
2. Before permitting the security of the company to list, investors should be given an exit option so that the securities allotted to them in the IPO can be withdrawn; subsequently, a call on the investment in the company can be taken by the investors post listing of the same.
3. A detailed investigation will start in this matter which will complete in 30 days (by 25th June 2011).
4. The bankers will place the amount in the public issue account in an interest earning account.
294. MGCA |   Link |  Bookmark | May 26, 2011 7:51:06 PM
order passed for further investigation of 30 days go to below link

http://www.sebi.gov.in/cmorder/vaswaniorder.pdf
293. Ipofinder |   Link |  Bookmark | May 26, 2011 7:45:06 PM
Hello friends,

breaking news in Vaswani IPO
Retailers will have the option to withdraw... 100 % confirmed news

Please dont sell ur shares in grey market at any rate otherwise the operator will have the whole share and u wont be able to go for withdraw option

THIS IS THE WIN OF RETAILERS
Every one should go for withdraw option so that the issue subscription comes less than 1 time and issue get cancelled

THESE TYPE OF OPERATORS AND MANIPULATORS WHO PLAY WITH OUR MONEY SHOULD HAVE THE ISSUE CANCELLED SO THAT THEY CAN CRY ONLY

So please dont sell ur shares in grey market at any cost and try to make the issue cancelled so that we can show them the power of retailers

THANKS TO ALL OF YOU
292. SONMAYA |   Link |  Bookmark | May 26, 2011 7:42:08 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
SEBI IS TRYING TO KILL TIME

SEBI WANT 30 MORE DAYS FOR INQUIRY IN VASWANI IPO

NOW RETAIL INVESTOR HAVE TO WAIT FOR RESULT,

MONEY WILL BE BLOCKED TILL THE RESULT COMES
291. bangalore king |   Link |  Bookmark | May 26, 2011 7:41:26 PM (400 Posts)
SEBI has issued a press release in the matter of initial public offer of Vaswani Industries Ltd. Following are the highlights of the press release:

1. Listing of security of the company should be stopped till an investigation of the withdrawal of applications is complete.
2. Before permitting the security of the company to list, investors should be given an exit option so that the securities allotted to them in the IPO can be withdrawn; subsequently, a call on the investment in the company can be taken by the investors post listing of the same.
3. A detailed investigation will start in this matter which will complete in 30 days (by 25th June 2011).
4. The bankers will place the amount in the public issue account in an interest earning account.
290. best ipo |   Link |  Bookmark | May 26, 2011 7:36:24 PM
dear skdash please intimate site name for news regarding vaswani from sebi
289. best ipo |   Link |  Bookmark | May 26, 2011 7:32:36 PM
latest position regarding vaswani from sebi or company
288. ajain |   Link |  Bookmark | May 26, 2011 7:30:39 PM
Dear 282. YESH

I think you are in the 1% slot as most of us are having full faith in SEBI and that was the reason that we sent the complaints to SEBI.

Obviously we should pray to GOD but that does not mean that you stop trying from your side.
287. ajain |   Link |  Bookmark | May 26, 2011 7:26:28 PM
Thanks SKDash.
As per the order: "App in the HNI category amounting 44.6 Cr(approx 90% of issue size) have been made on the opening day of the issue at the cap of the price band. ALL these apps have been withdrawn subsequently"

This clearly indicates the mindset of the company.
286. MGCA |   Link |  Bookmark | May 26, 2011 6:42:33 PM
Exit Option kab minewala hai
285. manish mehta |   Link |  Bookmark | May 26, 2011 6:31:38 PM
investor to be given exit option sebi has clearly mentioned that
284. SkDash |   Link |  Bookmark | May 26, 2011 6:16:10 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Dear All

Pl access SEBI circular dt today 26.5.11 regarding Vaswani Ind. I unable to copy and paste it.

Gist-SEBI will complete the investigation within 30 days from today's date.
283. MGCA |   Link |  Bookmark | May 26, 2011 3:33:19 PM
WHAT HAPPEN TO THIS COMPANY SNY DICISION BY SEBI PLEASE INFORM OUR AMOUNT IS BLOCKED
282. YESH |   Link |  Bookmark | May 25, 2011 5:58:07 PM
Dear GOEL BERIWALA,
Do you still have a faith in SEBI?
I think 99%( you are in 1%) of the Chittorgarh.com bloggers/ user would not have even 1% faith in the SEBI.
So rather blaming SEBI, pray to GOD only.
But do not be so worry, on 90% cases with such issue ( extended listing or any other LAFARA) you get reasonable exit above issue price on listing day( first 0-60min. may be).
Even if you do not exit then who are responsible?.
281. GOEL BERIWALA |   Link |  Bookmark | May 25, 2011 4:59:58 PM
HAI EVERY BODY,

IF SEBI DOES NOT CANCELL THE VASWANI IPO, THEN SMALL INVESTORS WILL

LOSE FAITH IN SEBI. AND THIS WOULD BE A DANGEROUS SITUATION BECAUSE

THE COUNTRY AND GOOD COMPANIES WILL HAVE TO FACE THE PROBLEM.

NOBODY WILL BELIEVE IN GOOD COMPANIES ALSO. SO, SEBI SHOULD THINK
OVER IT. SO AVOID THE COMING ISSUES.
280. manish mehta |   Link |  Bookmark | May 25, 2011 4:24:47 PM
yes u bet,ashika capital is tryin to bribe sebi.......very much in to it,if sebi gives them knot to list without giving withdrawal option to retail investors then one can never trust sebi.......will never be an option for retail public......it wud be like sebi is also lying under the arms of powerful people like mr kanoongo of ashika capital