Seeing the plethora of messages on Indias most popular IPO board Chittorgarh scamster applicant and their investment bankers Pantomath and registrars are getting nervous and through their stooges posting messages of fair allotment. All these ids were recently created to misguide people.
These chors getting nervous is a very good sign .
As they know that all SEBI has to do is to ask the list of successful allottees from all BSE SME IPOs which gave good listing gains specially where chor combination of Pantomath and Bigshare was working in combo.You will easily come to know same set of names with same PAN Nos and address are getting allotment in one IPO after another.Some IPOS which can be investigated are recent ones like Sysco.Lancer,Vidli,Behramji Cawasji,MRSS, and even others which gave good listing gains.
All it would take to unravel the truth is an impartial enquiry from SEBI & BSE. We should not expect much from BSE as everything would have happened in connivance with them only
This might be the first big scam which has come to light under an honest Modi govt.This scam has shaken the entire crediblity of Indias corporate governance,transparency and honesty followed at Indias oldest stock exchange BSE..This will act as a big red mark on Indias destination as an honest nation.
Lets all come together and complain to Prime minister office which is famous for prompt response and quick action as SEBI or BSE might not take any action.
Here is the link of complaint http://pgportal.gov.in/GrievanceNew.aspx
Incase still no action take place we can issue legal notice to company Comsyn, A very heavy fine and a hefty jail sentence will put a stop to all such fraudulent practices. we need to complain for the same.
We should also complain to MoF,ROC Gwalior .We should deluge all these organizations with complaints so that this fraudulent practice come to stop at least in future IPOs.
Why such scam happen only in BSE SME and not in NSE Emerge?
that is why BSE does not have any regulation or transparency as in NSE exchange. People and even big share have got nervous. when i called Big share they did not once say that allotment is done fairly just asked me to send email to ipo@bigshareonline.com.
anyway in 1 or 2 instances is ok but i see multiple application which have been allotted to single family which could not be possible. just for information i and my friends applied in 30 application int total and got nil allotment which itself shows allotment has not been fair. Also we have seen some been allotted 8/8 or 4/4 , does that not seem incorrect on so many instances.
i am not sure about previous ones but this one definitely sound unfair practise involved. it might be these individuals are close to panthomath or bigshare which u never know
anyways let me know we can issue a legal notice to the company if we do not receive reply from SEBI in next 2 weeks.
what i can say where there is high premium and definite stock will go higher on listing then most of these shares are sidelined and others are allotted.
comsyn ka allotment sebi k rules and regulations k mutabik hi huwa hai, isme koi fraud n fishy types ka kuch bhi nahi hai, allotment is totally fair, I am totally satisfied of comsyn''s allotment, jinko allotments nahi Mila wo comsyn ka rate dekhkar dukhi Hoke fokat me sebi me complain karne ki baat Kar rahe hai.
I AM NOW 100% CONVINCED THAT SHARES HAVE BEEN ALLOTTED UNFAIRLY. EITHER THROUGH SOME INTERNAL SOURCE THEY HAVE BEEN ALLOTTED TO SINGLE FAMILY.
gUYS I REQUEST EVERYONE WHO HAVE NOT BEEN ALLOTTED TO WRITE TO SEBI. I AM ALSO PLANNING TO ISSUE NOTICE TO BIG SHARE AND PANTOMATH CAPITAL
I AM NOT SURE ABOUT PREVIOUS ISSUES BUT THIS ONE IS VERY SURPRISNG
DO YOU THINK ITS POSSIBLE MULTIPLE APPLICATION ALLOTTED TO SAME FAMILY AND ANOTHER FAMILY WHO APPLIED 10 OR 15 APPLICATION GIVEN NONE. INFACT MY FRIENDS TOO APPLIED IN 5 OR 100 APPLICATION AND ALLOTTED NULL. LOOKS LIKE YOU CAN EITHER GET SUBSCRIPTION THROUGH INTERNAL SOURCES OR CONTACTS TO GET CONFIRMED ALLOTMENT AS THERE IS NO TRANSPARENCY.
DEFINTELY THIS ONE IS UNFAIR PRACTISE. PLEASE LET ME KNOW WHO ALL WANT TO ISSUE NOTICES TO COMPANY AS WELL TO FILE A CASE INCASE NO ACTION IS TAKEN BY SEBI IN FEW DAYS.
IPOANALYSIS AS I SAID I GOT 2 OUT 2 ON SINGLE LOT 1 IN 6 APPLICANT GOT 6000 SHARES
HERE IS BASIS OF ALLOTMENT DETAILS http://www.netashare.com/popupcontent.asp?pagename=allotment&ccode=17150799&cname=Commercial+Syn+Bags+Ltd%2E&IssueDate=30062016
I DID NOT FIND ANYTHING FISHY HOWEVER WILL BE INTERESTED TO KNOW IF A SITUATION LIKE YES BANK IS EMPLOYED
DID U GET ANY ALLOTMENT.... I NORMALLY PUT 8 APPLICATION HOWEVER THIS ONE I ONLY PUT 2 GIVE I HAD SOME ISSUE WITH BALANCE SHEET THE WAY IT TOTAL REVENUE DID NOT MATCH WITH TOTAL ITEM SALE WHICH I HAD MENTION ON THE FORUM...... SO JUST WENT WIITH 2 APPLICATION I STILL NOT COMPLETELY SURE OF ITS BALANCE SHEET WILL SELL ONE LOT AND MAKE THE OTHER FREE HOLDING
RJSTK WHY DO YOU FEAR WHEN WE HAVE MAKE COMPLAINTS WITH SEBI. ARE YOU SOME INTERNAL COMPANY EXECUTIVE WHO APPLIED. LET SEBI DO THEIR WORK
WHY ARE YOU FEARING ON COMPLAINTS WITH SEBI BY THE DAY MY APPLICATION WERE APPLIED IN DIFFERENT DATES AND ALL WITH SERIAL NO. DO YOU THINK ITS POSSIBLE WITH 10 APPLICATION AND OTHERS TOO NOT GIVEN ANY ALLOTMENT AND ONE PERSON WITH SAME FAMILY RECEIVING ALL SHARES. I REMEMBER OTHER MESSAGE AS WELL WHERE SAME SURNAME HAVE RECEIVED 9 OUT OF 10 THAT TOO IN ALMOST SAME SERIAL NO.
PLEASE STOP FAVOURING THE ALLOTMET PROCESS AND SHUT UP
Why don''t u start behaving in proper manner. please be polite in these forums.
We understand your pain and our sympathy is with you. We really don''t have any problem wherever you apply whether it is SEBI or under IPC etc, but don''t use word like shut up and all.
do u understand that blaming a person may also amount to defamation.
one thing more I would like to ask from you learned guy, whether applying from 30 odd accounts to corner the retail shares does not amount to unfair trade practices???
no company agent bro. I will share my appl no. I have been following these forums, but have opened my account today only to acquire and share the knowledge with learned stockgurus.
The modus operandi of allotment is very strange. If you are applying via several a/cs and on very same day at same time through asba, then chances are that either you would get the all the allotment or none. in one of the ipo,(from very reliable source), they created a excel file of all the applications and randomly picked applications in serial. for ex. suppose there are 300 applications, numbered from 1 to 300. if 50 allotments are made, then they may pick S.No. 1 to 50 or 141 to 191 etc.
therefore, for multiple accounts, it is advisable to apply at different day/ different time.
LOOK AT RJSTK AND REAL IPO. THESE ACCOUNTS HAVE BEEN CREATED RECENTLY. RJSTK IS A COMPNAY AGENT TRYING TO FOOL PEOPLE THAT HE HAS APPLIED 3 AND ALLOTTED ALL 3.
Guys remember there are fake accounts created her to show they have been allotted but when ask any person about application number whom allotted no one shares the information Apart from Septa ,most of them have new accounts created name which might be made by big share or pantomath to show many have received allotment.
Seems BSE officials have connived with Pantomath n Bigshare and they are absolutely silent on all communications.
SEBI is also a slow bureaucratic organization so we should complaint o other orgns also like RoC,MoF,PMO.
Its high time that these fraudsters of BSE SME are exposed n put in jail.All their past profits are disgorged as had happened in YES Bank,IDFC IPO scamsters and heavy penalty impoased,All are put in jail and cleaning up happens.
Imagine people applying 20-30 applications and v little allotment and fraudsters getting almost firm allotment in 8-10-20 applications or even more, not only in Comsyn but also in earlier fancied BSE SME IPOs like Sysco,Vidli,Behram,MRSS.Tigert 4th Dimension and a host of other IPOs.
For it we need to delugee SEBI and other orgns with a large no of complaints.
If you dont do it then be prepared for these IPO scam in BSE SME to continue
Come one and come all. please please complain.here is the link
bhaiyo yeh sab ek jaal hai . saare buyers nakli hai. pichla record check karo SME ka. abhi bechne mein aur nikalne mein fayeda hai.
jab sab buyers khattm ho jayenge yeh 20% down ho jayega. nikal lo aur bhag lo. yeh retailers ko ullu banane ka tarikka hai. jab retailer ismein fas jayega ya hold karega yeh bade investor isse sell kar denege aur lower circuit lagna shuru hojayega.
Comsyn again on 20% UC again with 3.5 lacs buyer at 34.55.
Still lot of juice left.See 60 K profit on a single application.No wonder the fraudsters are laughing all the way to the bank.
People still dont get the amount of fraud perpetrated on ordinary retail investor by fraudulent allotment??SEBI just needs to go through the allotment list of all BSESME IPOs where pantomath n Bigshare were to gether n gave good returns like Vidli,Sysco,Lancer,MRSS and others and you will find same set of VIP investors getting almost firm allotment again and again n ordinary retail invetors left out
Everyone visiting this forum please complain to SEBI ,MCA,Roc,Mof,PMO to stop this huge IPO SCAM larger the YES Bank IDFC IPO SCAM of 2004.
Right place of Lunawat MD of Pantomath ,Bigshare,Comsyn and all the VIP applicant is in jail n banning of fraud lead manager and registrars like Bigshare and heavy fine imposed on them so that atleast in future allotment is fair.
yES, I HAVE REGISTERED COMPLAINT WITH MY SEBI. I AM 100% SURE THE SHARES HAVE BEEN SIDELINED. ALSO I CANT FIND ANY ALLOTMENT DETAILS WHICH SHOULD HAVE BEEN PUBLISHED FOR BASIS OF ALLOTMENT. THIS ITSELF PROVES PEOPLE WITH MULTIPLE APPLICATION OF 5+ MORE NOT GETTING ANY ALLOTMENT. I WOULD REQUEST EVERYONE NOT BEEN ALLOTTED TO FILE A COMPLAINT WITH SEBI. THE MORE THEY RECEIVE THE COMPLAINTS THE MORE LIKELY ACTION WOULD BE TAKEN QUICKER. THIS WOULD NEED TO BE INVESTIGATED THOROUGHLY TO CHECK EACH APPLICATION BEEN ALLOTTED. ALSO WE WOULD NEED SOME TRANSPARENCY IN SME ALOTMENT AS THE APPLICATIONS ARE NOT THAT HUGE SO GREAT CHANCE OF SHARES BEEN SIDELINED WHERE LISTING GAINS ARE CONFIRMED.
lancer containers,momai apparels ambition mica sysco vidli jiya eco majetsic research all are from pantomath capital . but it does seem that now their allotment is fishy and gets to few people only.
vck brokers fraud -ofs technologies. vck broker is fraud and wont be lead manager again
ghusine and chd chemical first overseas. first overseas is same as vck broker. avoid its issues
loyal equipments,advance syntex- Hem securities
hem too are not doing good and should be avoided
so in the end only 1 lead manager is left and whose allootment process is not trustworthy.
@IPO analyst. Nothing fishy in this IPO allotment or for that matter in any IPO allotment. My family members applied 9 applications in retail and got allotment in 2. Please not I do not have any kind of contact so all allotments are natural.
My sub-broking franchiese I know at-least 5 other members who got allotments. And to best of my knowledge they are normal investors like me and none of them have any kind of contacts.
Sometimes it happens that we do not get any allotment and we bet our frustration on various forums.
Even in mainline IPO my franchiese members apply and gets average allotments. We have around 200 users and when I see allotment ratio generally it comes out to be what is the overall allotment ratio.
So just chill and enjoy.
One thing which I do not know that what kind of precautions are taken or what regulations are in place so that registrars do not do fraud in IPO allotments.
@Dinesh I apply and trade in SME IPOs regularly through anand rathi share and stock brokers limited. I have a sub broking franchisee with them and we have around 20 users who regularly trade in SME.
If you are interested in knowing more details you can send your questions at manipoindia AT gmail DOT com
Man ipo when idfc ipo came I was allotted 1 out of 3 appl. Does that mean there was fair alloment. No. Just remember here toosubscriptiom was not that huge. It Iis alao not possible for people applying 10 or 15 appl to get none and that they multiple people. Well they might have alotted few shares and other sidelined on their account looks to be high probabilty. Quess ipo I wd hv agreed as that was huge 31 time subscribed. Anyway I hv made complaint to sebi Let sebi make these check as they are the authority . They can probably chk all alotment if anything illegal has happened.u never know if some unfair practise hv happened. I wd not rather prefer and stick to main frame ipos or buythem from secondary market .
this is good company not fraud in comsyn bcoz I was Apply 2 application and I got 1 lot . I am not VIP investor infact I am mango people. so all negative comments ignore them and enjoy UC who get allotment.