IF ALLOTMENT 3020 SHARE,THEN REALY LOOT MARKET,MERCHANT BANKER CHOR,SEBI BLIND,SEBI MAHACHOR,SEBI AND GOVT.BOTH WANT TO RETAILER CAN DEFAULATER AND DO SUCIDE.
Look for one more pasting in this Issue.These IPOs are running only on grey market.People sell their Kostak's & apply for it.Due to this others are applying.When a person cannot afford to sell in grey market best course of action for him is to leave these type of grade 1 issues.They will surely give 20-30 k profit & will also take away the same amt.
Vaswani ASBA debited alloted ratio is 1.35. That means huge cancellationn happened post issue closure. Once again retail investor is victim of a junk 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.
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.
shreedhar what is now ur view on vaswani.today is last day to withdrawal of application by request. please advice ,will it give profit or give loss like muthoot
shreedhar what should do in vaswani .some people told that there is misunderstanding between operator and promoter.whether wait or stop payment of cheque please tell ur valuable advise
There was huge rush of applications in last 2 hours which led to retail oversubscription to nearly 7 times but after spillover from QIB the figure is around 4 times. The GMP has also shot up to 3-4 rs in Delhi.
Ashika capital IPOs hv always given listing gains so this issue also seems to go the same way.
But more interestingly grey market buying started in servalalshmi papers so guys who hv still held onto their applications seem to be set for a big lottery.just wait n watch.
i skiped vaswani because one of the reason was its refund......
intime is the registrar for vaswani as well as muthoot......
we r expecting muthoot's asba refund on 4th may so intime has taken 10 working days to relese asba and i m sure ecs refund will not come before 5th may so 11 working days for cheque....
if similar is the case with vaswani refund will come around 16-17 and pfc's cheque will also come for clearing on 17 th so there is a risk.......
What was so much in the ipo that all of people have applied along with sheedhar and they did not apply for inovative were premium was 10 to 12 and vaswani is quoting only rs 3 to 4.5 premium