Sai Silks (Kalamandir) Ltd IPO Message Board (Page 3)

5. vinod arora | Link | Bookmark | February 5, 2013 9:36:48 AM

What is Safety Net?
Any safety net scheme or buy-back arrangements of the shares proposed in any public issue shall be finalized by an issuer company with the lead merchant banker in advance and disclosed in the prospectus. Such buy back or safety net arrangements shall be made available only to all original
resident individual allottees limited up to a maximum of 1000 shares per allottee and the offer is kept open for a period of 6 months from the last date of dispatch of securities. The details regarding Safety Net are covered under Cla8.18 of DIP Guidelines.

4. Dilip Davda | Link | Bookmark | February 4, 2013 5:22:13 PM

Top Contributor (200+ Posts, 300+ Likes)

Despite Safety Net, IPO is not worth considering the asking price above 20 PE. Initial T tag will keep check on market operation as well and hence, better to buy at discount post listing.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

3. Rkg | Link | Bookmark | February 4, 2013 4:42:20 PM

Top Contributor (500+ Posts, 200+ Likes)

IPO has been assigned 2/5 grade. Safety net is a plus point.

2. hemant kumar | Link | Bookmark | February 4, 2013 4:09:24 PM

What is this safety net scheme? Kindly explain.

1. PC | Link | Bookmark | February 4, 2013 3:05:41 PM

GOOD IPO WITH SAFETY NET SCHEME!