Vaswani Industries Ltd IPO Message Board (Page 18)

Sreedhar

Its doubt sreedhar had done good job here.
We have to respect him.

Also looking after sreedhar coment i had not applied in any of this ipo and happy with this.

lastly i applied in muthoot and sold in 190

So sreedhar advice is very good and he really made good effort in research.

i am in the share market since from 1992 and i appreciate sreedhar.

hey sreedhar
Dont get upset due to some useless comments by some brainless people ,i know you have always give views till the best you could understand.And you are also the one who let many people make some good profit in many ipo,,,but some ungrateful people forget it...so one cannot afford to listen to such people..

Dear boarders,

There is a famous saying
" suno sabki , karo man ki" ( listen all but do your own)

So this blame game is useless.

Never follow anyone blindly , use your own hunch !
Avoid sheep following !

Otherwise you will fall in traps again & again !

Good Broker,
You say people applied since Sreedhar applied. If that is the case people should have withdrawn since he has withdrawn. Matter is that simple. If you are following him, follow him totally. Don't half-follow him and then blame him.
Note another thing. Nobody is blaming him in this matter except you. You certainly are using an opportunity to find fault with him.
I have a feeling that you might not have applied and only causing unnecessary flutter.

hey why are you people panicking,,,i dont understand wats there to discuss so much about it ,,,once this is in the news and sebi has taken the matter ,,,it means it will get listed at the right price ,,,,these sebi people wont want trouble from the media ,as they know that they have done something wrong ,,,they will make it as if there was nothing wrong...let it get listed and you ppl exit at the desired price.

And sredhar is not to be blamed for anything..he just gives his views,,,if you have the eyes to read his views so also you have your brains to use it..

Sreedhar/Durai,Tiruppur - I quoted Warren Buffet since I am still stuck with Muthoot and comforting myself that nothing serious if I go wrong once.

In continuation to my suggestion on Vaswani, I feel somebody who has big stake in this IPO and staying in Mumbai could approach an advocate and try to get an injunction order citing the gross violation of rules and procedures by HNI in connivance with the BRLM & promoter.

Good broker,
I applied at 430 pm on last day.ASBA time is over & no friend will have enough time to go to a broker take an application form & submit cheque by 500 pm.This is with response to your comments:
"at the last minute is is not possible for every one to withdraw an application one has applied since sreedhar has applied he only said i made 2 applications of rs 2 lakhs so every one applied no we cannot blame sreedhar"
Time was there till tuesday to withdraw.Time was not there to apply at 500 pm on issue closing day.
Sleep man & chill.You are a small man as you said so be small.I can give response to your each & every statement.

seedhar

i am a very small man i donot want to poune you but sebi is likeky to pounce you in your efforts
SEBI is in no mood to agree the withdrawal of hni as also you have withdraw the application along with other retail investors
fax send by email does not have application number name and demat account and signature of applicant pan number
and number of share alloted so it it is rejeted
next time be prepaired for proper format to be send to sebi
pl refer to ipo rules before making an coments to board members

K K NATARAGAN

I donot have an ammnesia with any one i write what i see and remind to others than every one is not expert as you think
at the last minute is is not possible for every one to withdraw an application one has applied since sreedhar has applied he only said i made 2 applications of rs 2 lakhs so every one applied no we cannot blame sreedhar
he made fax to SEBI AND ASKED ALL TO DO THE SAME but how many have really faxed SEBI i not known
at last my freind 219 manish metha we to sebi office his message is as below


219. manish mehta May 20, 2011 4:35:44 PM IST | Like | Report Abuse

manish mehta's - IPO Recommendations, IPO Comments, Public Profile

i have been to sebis office....spoken to miss aparna,what she argue is if hni application has been withdraw at the same time retail application is also withdrawn....infact retail aplication is more in numbers...so there are very slim chances to stop listing,how ever they r investigating and looking in to the matter,the tone was like....sebis with promoters and lead managers.....so juss be careful retail investors......just fight with them to the core n explain sebi...its all the game from the promoters and lead managers to buy retail applications from grey market leaders in huge nos at a time and when issue get over,they ask them to withdraw it and pay interest money to grey market leaders


so we are only fighting at chittoragh site and not sebi site and i remind all that donot apply with herd mentality

Dear Sreedhar,

I agree with your previous message...
One can give 3/5 prediction, by just tossing the coin, no need of market knowledge....

One who has atleast 90% accuracy should be an REAL Expert...

Also one more point.
Is anybody paying to Sreedhar when he gets benefitted from his calls on stocks/ipos.
Then how can anyone blame him.
When you are in market apply your own mind. Listen to all experts but use your sense. No need to unneccessarily balme any person.
In my opinion Sreedhar had never asked us to go for this Vaswani. He applied 2 apps, it dosn't mean that we all should apply for this.

He has better knowledge and sense of market. Even had he been allotted some shares of vaswani, he has the guts of coming out of profit even in vaswani by doing jobbling.
So, before blaming him, see inside you.

Your greed should be blamed. Neither sebi nor operator nor brlm.
Those who applied for full application, should have been allotted shares in 1:1 ratio.
I pray to god that this stock list and vanish all these greedy investors who apply in such issues.

hi, shreedhar
please let me know,i have sold two vaswani application in grey market.
our broker is eureka,is there any chances of default on the part of broker.

Good Broker,
Sreedhar saw to it that others withdraw applications by posting information and after that also he took initiative by not only lodging complaints himself about the fraud by this company but also guiding others to lodge complaints. Didn't you notice those messages? Do you have selective amnesia?

Vasnat,
3/5 any layman can make.Nobody deserves to be called a expert if he gets right 3/5.He should get atleast 90/100 right.

Good Broker - let us appreciate the efforts put by Sreedhar to educate the boarders on various pit falls,traps and the detailed study he has done on the ipo listings for various categories and finally sharing the same to the boarders.(which only few experts do)

We all know equities carry risk and somebody who could not digest loss should not be in the market. My request to all friends is that pl take ideas of all the experts / boarders and take your own decision. Nobody is god and even Warren Buffet tells the best of the expert goes right 3 out of 5 times.

GOOD BROKER,

Sreedhar May 07, 2011 4:20:05 PM IST | I Like It. Like | Report Abuse

Sreedhar's - IPO Recommendations, IPO Comments, Public Profile
Vaswani Industries Ltd IPO
Apex,
Withdraw your application.If you can withstand loss of 20 K ,you can hold but freshers & investors whose loss bearing capacity is less should not apply for such issues.These type of issues can make you or break you easily to the tune of 20 k.

seenuipo May 07, 2011 5:33:39 PM IST | I Like It. Like | Report Abuse

seenuipo's - IPO Recommendations, IPO Comments, Public Profile
Vaswani Industries Ltd IPO
Mr sreedhar,
Vasvani subscribed around 4 times finally.Hence It will be Rs 50000/- worth allotment on the Full application of Rs 2 lakhs.
Hence Rs 20000/- loss will occur Only if lists below 40 % .This will be occured rarely for penny issues.
So There may be little chance.

What is this?Seenu ipo said how will you get 20000 loss when it is subscribed so much??Why did I tell 20000 loss may be suffered becos I heard people have started withdrawing applications.So I clearly said to withdraw on saturday itself those who applied ,the day in which I myself withdraw.You may seen several people but no one like me.Those who take responsibility for all the actions. Now decide who is a clown.I may have said something to you becos you may have given comments like this.Now looks like you were waiting for an OPPURTINITY to pounce on me.Better luck next time.

Dear Friends - many have been asking what next. I suggest that some advocate in the board could help us filing a PIL or suggest ways ahead legally. Getting an injunction has to be done on urgent basis before the listing happens.

Any volunteer advocate pl reply since the fight against Vaswani and a victory will be a great victory for Retailers and could even rewrite IPO history.

Dear All,

Can anyone define how this farud have legal implication.
As we all know sebi not doing anything against over priced.

So we have to send our request to sebi that price should not have to go down below 5 % on listing day or company has to buyback all share.

MANISH Metha

219

i fully agree with you that is what i am quoting in my posts atleast you had gone to sebi office you were not able to mee the sebi cheif but miss aparna who is the coodinator
govt goes by data and hence what she say is true HNI AND RETAILS have withdrawn the application so as such
so with your coments manish it apears to me listing is sure on tuesday or wenesday when people will be counting their money from PFC ipo forgetting what has happened to vaswani industries