How can you complain to SEBI ? India Bull did not snach money from you. Did you complained about it when Mundra Port touched 1400 with in 3 days of IPO listing at a price of 400 per share ? When public get profit they will not complain. When lose money then only compalin SEBI. I invested 94500 in IndiaBulls and I know it not worth it but still I invested to gamble it. I thought might be it can tough 55 due to so what ever reason. But I know I did a mistake but no complain to SEBI. Because I admit it I was greedy and got punished.
We should all raise our voices with SEBI & other governing authorities to stop such manupulation in the IPO PRICING done by promoters with the help of merchant Bankers. Merchant Bankers just for sake of making fees are helping promoters to loot/cheat the retail investors & shaking our confidence and belief in SEBI & other goverining authorities
I even do not understand that after this much of heavy discount 30%, no one from media TV 18 or NDTV Profit is showing any cheating done by this whole system. If this type of things happen in EURO or THINKSOFT than it is ok, but U can not expect such thing in INdiabulls a 1500 crore IPO from a very large group. SEBI ke log bhi mile huye hain. Enquiry should be done by authorities,
Managment knows that this share is worth zero because the issue was just a books adjusment with the QIB. They know that they may be asked some quetions which they were not comfortable with.
First time in IPO history that no one from management came to public. Also First time in IPO history that 40 times qib subscribed issue listed 20% below issue price. First time in History when issue was below 20% issue price but green shoe was not bought till that time. because green shoe lead manager knew that this will list that lower and lead manager was asked to buy only when public is not selling i.e. @ heavy discount. If this was opened at 42/- then retail public would have sold their stake.
Where is the management ?? first time in the IPO history nobody from Management came on TV to give view on their company on listing day ?? whether anything wrong with the company ???
Indiabulls is doing some adjustment with the public money. They are investing in SUNIL HIGHTECH. I think they are doing some arrangment with thi scompany. our money given to them will not be used in p0ower plants but will be used as per wishes of INdiabulls promotors. This share is worth zero in my opinion. only reason this is trading above 35/- is that public think a share of 45/- should not go below 30/- and because of small green shoe buying. EXIt freinds even at this stage other wise be ready to book 90% loss. ek ek kar ke sab bare logon ne apne kapade khol diye hai. pehle - anil ambani (ADAG Group) Adani (Adani POwer) NHPC (Government) Pipavav Indiabulls (Laxmi Mittal)
yeh sab log ander se khokhale ho gaye hain. khali share ke bhav bhav ke karan ameer logon ki ginti main ate hai. dear investors, still there is time get out of this market specially IPO market. these shares are really worth zero.
I have heard that IndiaBulls power got subscription from SBI Mutaual Fund, Reliance, ICICI Mutaul Funds etc. Why ther are not buying th e shares from market @ 30% discount to issue price. what has changed in a month. I think these guys were paid heavy commission ( under the table) to subscribe the issue. because they were paid heavy commissions (say rs.5 per share), they knew that the ipo is not worth rs. 40/- or even 35/-. this is why they are not buying the shares from open market. beacause for open market buying no one will pay them commission. SEBI should look into the matter because Investors funds' are being wasted by the mutual funds for personal gains.