Vaswani Industries Ltd IPO Message Board (Page 19)

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to miss aparna,what she argue is if hni application has been withdraw at the same time retail application is also withdrawn....infact retail aplication is more in numbers...so there are very slim chances to stop listing,how ever they r investigating and looking in to the matter,the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

SITING IN AN AC OFFICE AND SENDING MAIL WILL NOT HAPPEN WE HAVE TO GO TO SEBI OFFICE TAKE AN MORCHA THEN ONLY SEBI CHEIF WILL HELP YOU OTHER WISE VASWANI STAFF ARE SITING AT SEBI OFFICE AND PLEADING THAT THEY ARE NOT GUILTY THE BROKERS HAVE WITHDRAN THE APPLICATION AND HENCE THEY ARE NOT AT FAULT AND SO THE ISSUE SHOULD GO ON THEY NEED FUNDS FOR EXPANSION

SK DAS
I HOPE HE SHOULD BE MADE AWARE OF THE SYSTEM AS A WHOLE WERE SEBI CANOT TAKE ACTION

216. Shravan Agarwal May 20, 2011 3:11:51 PM IST | Like | Report Abuse

Shravan Agarwal's - IPO Recommendations, IPO Comments, Public Profile

If you want your application not to go through, you can do it in 100 legal ways. You can make multiple applications, give wrong Name or PAN Number or DP Details even after

If you want your application not to go through, you can do it in 100 legal ways. You can make multiple applications, give wrong Name or PAN Number or DP Details even after the money is blocked in ASBA
SEBI cannot have any control on this method

hello sridhar and above all Ravi Banglore,

Being true well wisher to this fourm, i constantly writing about these kinds of ipo but alas no body listens, what happens in this IPO is open to anybody guess

A company called vaswani indutries want to become public and wants to approach capital market regulator SEBI for IPO by charging parltry 20/-rs. of so but so called merchant banker like ashika capital and operator from Gujrat has advised the company to make the issue price at 50-/ or so but to company surprise they said but we want to sell it at 20/- or so, here is a catch he advised the company to issue the shares at 50/-, the game plan is this when the issue comes the public will definitely not applies because these kinds of issue generally does not get response but few Ahmedabad operators got connections with HNI's and putting large applications and public including some small operator who also putting in these kinds of issues like Sudar Garmets, Finotex Chemicals and many alike issues also puts applications, here is catch, the large operator immediately got away but stopping their applications and small times operators were trapped..
the game is simple they want to trap the gullible public either after listing (if they got all the shares in these kinds of issues)but fools have already invested there large chunks, now they do not want to play either, they just vanished the scene altogether but stoping their applications. Now public was trapped and runs to SEBI for help and for the first time SEBI intervened and got the issue bombed.

It is high time we should teach these types of companies, merchant banker a lesson by totally boycotting these types of issues but I fail to understand who applies in these kinds of issue, latest sufferer is Galaxy, however, the Management is good company is good but issue is expensively priced and no operator so bombed..


well Ravi what is your opinion?

waiting for your valuable comments.............

remember I can give you inside stories from the horse's mouth always.......

SEBI has to change the norms for the withdrawal of the application already sebi has stopped physical applications for QIB and others while physical application of retail also to be stoped and convert in to ASBA then only operators play will stop to some extent as dummy applications will not come
but ASBA also allows withdrawal of application till allotment is made so some good rules will be bad rules for others ,system always have loop holes which this operators try to take advantage
hence retail investors are to be carefuly so apply less share and earn less while chance of losing money is less if it turn negative

Dear sreedhar ji,

First of all, I am not Gujrati. And I am based in Delhi. And I belong

to Haryana. Every body who belongs to this platform is helping each

other. And this fact has come out in case of Vaswani. Accoridng to me

Regionalism is an curse in India. And we all should try to wipe out

this. So, Sreedhar ji, pl do not misunderstand me. AIGPT is the

organisation who has come forward to lodge the complaints. We all are

complaining. I myself sent nearly 50 mails to sebi.

Now, sreedhar ji, in present scenario, what do you think about Vaswani. Whether we get a chance to withdraw or not. pl comments

read the recent case of sebi regarding 2 lakhs application for ipo every body in this site complaint to sebi including my self not to increase the retail quota from 1 lakhs to rs 2 lakhs but sebi only had made up the mind to increase the quota it was just an eye wash
so freind in this case also let see what happens

GMP HUGE DISCOUNT FOR VASVANI. IF ALLOTTED LOT OF SHARES BIG TROUBLE FOR RETAIL INVSETORS. LISTING DEFINETELY POOR.PRAY GOD THAT RETAILER GET CHANCE TO WITHDRAW APPLICATION.

SOMETHING IS REALLY COOKING AT AHMEDABAD.

SOME BIG DARBAR OPERATOR HAS TAKEN MONEY

THEY HAVE AGRREED TO WITHDRAW COMPLIAN......

COMPANY CIRCLE HAS SETTELED THE MATTERE AT -4.50 DISCOUNT ......

ALL RETAIL INVESTOR TAKE CARE.....

SEND MORE AND MORE EMAIL TO SEBI.............

DEAR FRIENDS,I REQEST TO ALL RETAIL APPLICANT OF VASWANI IPO,TO COMPLAIN AGAINST RAGISTRAR LINKINTIME TOO.BECOUSE THEY HAVE ALSO DONE EREGURELLITY IN ALLOTMENT. I HAVE SOME DATA OF ASBA ALLOTMENT AMT .GENRALLY ASBA AMT IS DEBITED IN BANKS AFTER 10TH DAY.BUT IN THIS VASWA NI IPO LINK INTIME HAS DEBITED ASBA AMT ON 8 TH DAY.THIS IS SHOWING THE DERTY GAME OF LINK INTIME.SO IT SHOULD BE SUSPENDED .AND PUNISHED BY SEBI.SO WE SHOULD SEND COMPLAIN TO SEBI.HERE IS SOME DATA ..SHOWING WHAT I LIKE TO SAY………….
NAME OF IPO CLOSING DT ASBA AMT DEBITED DT PERIOD
(1)..MUTHOOT FIN 21/04/2011 04/05/2011 13.DAYS
(2)LOVABLE LINGE 11/03/2011 21/03/2011 10 DAYS
(3)TATA STEEL 21/01/2011 31/01/2011 10 DAYS
(4)PUNJAB & SINDH 16/12/2010 28/12/2010 12 DAYS
(5) VASVANI IPO 03/05/2011 11/05/2011 8 DAYS DANGER
THIS ALL IPO ARE MANAGED BY LINK INTIME THIS IS SHOWING THAT RAGISTRAR IS ALSO WITH PRAMOTERS,UNNDERWRITERS,OPERATORS.SO WHY SEBI HAS NOT TAKEN ACTION AGAINST RAGISTRAR?

IS THERE ANY INFORMATION ABOUT VASWANI ?

if we had taken action against retail limit hike to 2lakh like in vasvani we would have been able to stop it.anyway congrates to all retailers

Bahut drama ho gaya hai.
People who have invested in this ipo should learn a lesson by loosing some meoney.
Aaj US mein Linkedin social networking site ke shares list hue hain NYSE par.
issue price 45$ and listing price is 84$........

Pata nahin hamare yahan ki companies itna high price kyon rakhti hain

@truthfinder, Pay a grand salute to our star contributors led by Shreedhar who took this initiative & all our selfless friends in Chittorgarh who even though they have not applied sent mails & definitely by the reach of chittorgarh were the most important factor in this situation.

Mails sent again. Hope it turns in favour of the Retailers.

Thank you friends for the overwhelming response reg Vaswani Fraud.
A top boarder of Moneycontrol took this opportunity and shown his strength.
I pay a grand salute to him.

All fraudsters and Grey marketers shall bite the dust.They should learn a lesson and should be banned from market for ever..

IPOraja are you serious???You will be in serious trouble if you write any such mail to SEBI.

Posted on: May 19, 2011 9:13:10 AM IST

VASVANI OPERATOR HAS COME TO AHMEDABAD

MEETING WITH BROKER........

THEY TOLD WE WILL BRIBE SEBI OFFICIALIS..........

LET US EMAIL TO SEBI PL DO NOT TAKE MONEY FRORM VASVANI OPERATOR.......