still I do not get the 3 Lanco and one Parsvnath application refundable amount. And one application of Parsvnath back to us without getting any shares. Even we applied for 320 shares. Firm allotment must. But, not allotted. anybody got refund of Lanco and Parsvnath. SEBI is sleeping and most of all sufferers with the INTIME SPECTRUM REGISTRY. If it is possible take action. If atall doing like this, nobody comeforward to apply IPO's. Send complaints to SEBI. Intime Spectrum Cheaters and big bastards. I didnot get refund till 50 days and they are not responding properly. Emails are not working and only one phone no; i.e., always engage. Somany people are facing this problem. why sebi didnot take any action. I think there is some cheating is goingon. Please take somebody action against the registrar. Otherwise they will do always like this. Now what can I do. Please tell me. Thanks. TAKE ACTION. Dont apply to IPOs. If the registry is INTIME SPECTRUM.
I got 20,and had applied for 60. Anu guesses regarding listing price and should one get out with listing gains or hold on!and when is the listing date?
Sorry for the wrong Info i provided on this issue. It was not true that some investors have got the money back in this IPO. In Next 2 days one can see the Registrar site to check out the allotment status.
It seems those who didn't get the shares..have been sent Cheque or Direct credit to account. One of my friend got the money back direct to his account. By Wednesday (15th Nov 06) one should be coming to know the entire status of this issue...(this is what i guess)
I agree with Sridhar. Based on the over subscription, this stock should give around 25% gain on listing. As everybody knows that it’s all together different kind of business area, the stock will remain in high risk zone. Overall it looks very promising to me and should give great returns to the investor.
Info Edge IPO subscribed 16 times on the third day
Hi Friends, The issue has been subscribed 15.65 times on the third day of subscription period. Qualified institutional buyers have been the major bidders, subscribing over 10 times.
I assume it should over subscribed by around 30 times on last day.
The positives linked to this offer are the early mover advantage, strong brand recall, a good management team and long-standing relationships with corporates that naukri.com enjoys in the online recruitment classifieds business. Moreover, its recent move to diversify its revenue stream through a foray into marriage and real estate business is also encouraging.
On the flip side, as its financials are predominantly dependent on online recruitment, it remains exposed to high risks arising from a slowdown in the recruitment budgets of corporates and the overall demand environment, especially for IT and IT enabled services.
Secondly, the competition in the online recruitment space is hotting up through consolidation, and with entry of newer players such as Dice, its scorching growth may slow down.
Read full report at... http://www.thehindubusinessline.com/iw/2006/10/29/stories/2006102900891000.htm