Vaswani Industries Ltd IPO Message Board (Page 6)

What happened in today's hearing

agar vaswani bonus deti hai to hum investaro ko or b jayda loss hoga

skdash ....no safe return of princial amount..only 15lakh shares will get an option to withdraw..and this depends if it is before bonus or after bonus the numbers may change

Dear Shreedhar Ji,
I still believe that NO Rumor took place in Brook. That was a quite affair. Re. Vaswani, i think ALL WELL IF ENDS WELL.

so, finally safe return of principal. what abt interest ? bonus of 1:4 will reduce the cost of stock by 20%, so if the price fell more than 20% of the IPO price, there will be loss to IPO investors

Bonus issue does not make sense, will it be before the withdrawal option or after the withdrawal option and also promoters are kept out of bonus issue this means promoters holdings will get down..a lot of clarity is required we will get to know hopefully tomorrow & why does not sebi publish the hearings on its website ,we only get to know via the newspapers the next day....

MUMBAI: Market regulator Sebi and Vaswani Industries informed the SAT on Tuesday that they have broadly reached a deal to revive the latter's IPO. As part of the solution, Vaswani will come out with a bonus share issue in which the promoters will not be allowed to participate.

The bonus share issue will be in the ratio of 1:4, where shareholders will get one share for four shares held. Counsel from both sides informed SAT that Vaswani will provide withdrawal option to only retail investors up to a maximum of 15 lakh shares. The threebench division, headed by presiding officer Justice NK Sodhi, has asked Sebi and the company to finalise and draft the terms of agreement and submit it before SAT on August 25.

Earlier, SAT had suggested both the parties to workout a reasonable solution to keep alive the company's Rs 49 crore IPO.

The Chattisgarh-registered company had challenged Sebi order of giving withdrawal option to all retail and HNIs who had subscribed to the company's Rs 49-crore IPO, alleging widespread manipulation during the offer. The company was also directed to keep open the withdrawal option for 10 days.

The Sebi probe did not find any involvement of the company in the alleged manipulation, hence, the SAT had requested both parties to reach an amicable solution on grounds that the company should not suffer due to mischief done by few market participants

what is the news here....can anyone tell the sebi order/cut paste the order here.

on Thursday officially detail decision will out.

Dear drak,

can you give the full detail i.e how much we can withdraw and when we will get amount etc.

FAISLA AA GAYA HE. AS PER ZEE BUISNES. WE CAN WITHDRAW OUR MONEY.COMPANY WILL GIVE BONUS ALSO

can we withdraw now?SEBI and company k zagade me hamare paise kyu fanse pade he bhai??????

now next hearing on 23rd of this month.no decision came today

Dear Rakesh jhunjhun

What happened in today's hearing with SAT for final disposal?

NOW VASWANI'S ADVOCATE

IS READY FOR COMPROMISE WITH SEBI

************* I T - M E A N S ********

CLEARLY THAT VASWANI HAVE TO SURRENDER TO SEBI

THERE IS NO OTHER WAY
.

463. BABUKALIYA
Where did u get this news from? As per the hearing of Aug 8 the matter has been postponed to 17th Aug, 2011. U can refer to the following links for the same.
http://www.moneycontrol.com/news/ipo-news/sat-adjourns-vaswani-inds-ipo-case-to-aug-17_575715.html

http://www.thehindubusinessline.com/markets/stock-markets/article2346856.ece

http://myiris.com/newsCentre/storyShow.php?fileR=20110811171658200&dir=2011/08/11&secID=mostPopular

good new
Vaswani Industries Ltd
Final Disposal
sat hearings
(but vaswani go Supreme Court ) bad new

what is final decision?

since yesterday trying to call mr. siddharth at vaswani- raipur but he is not coming on phone...
not even they give proper reply... since last 3 months they are enjoying hard earned money of retail investors..

dear.460,we are thankful for your good self for you information.