SEL Manufacturing Company Ltd IPO Message Board (Page 1)

Hello Friend,

I did not get refund for the belwo application number, Can any one help me out for this ?! thanks in advance.


Company Name: SEL Manufacturing Company Limited
Application No: 12101016
Refund Order No.: 102242
Amount: 13320

The swings clearly tell that SEL is a pure operator play. Fundamentally, there is nothing for investors in this co.

139 bulk deal doesnot make good. they are are al daily sqauaree off tradings. So be careful. If you are trader they buy with stop loss. I think not suitable for retail investors. This may be another ATLANTA.

Now another sel manufacturing is ASIAN GRANITO buy it today and see the magic it will go to 300

some of the Operators have interested in this co. will touch Rs. 600 remember 600 buy as many as you can
the message is issued for public interest i dont have nay holiding in this co.

139 bulk deals trade on SEL Manufacturing
2007-08-22 09:28:22 Source : Moneycontrol.com

SEL Manufacturing Company started the day on weak note at Rs 87.90 on the BSE, with discount to its issue price of Rs 90 and also touched a low of Rs 80 on the back of selling pressure in the beginning trade. But management outlook for FY08 and FY09, which are above market expectations, has given strong support to the stock and due to that it surged 92% during intraday trade at Rs 173.

The stock has ended at Rs 164, up 82.22%, with volumes of 2,53,76,464 shares on the NSE. The turnover was at Rs 315.25 crore.

The stock has witnessed 139 bulk deals on the listing day, including 30 on the BSE and 109 on the NSE. Majority of these deals have traded above Rs 120 levels.

:(
so sad, Got 103 shares and sold them in ONLY 113...v v bad day for me...it went till 173 later..

anyway, got a good profit, I was thnking that it will give me some loss..

Got the refund pay order via post. they didnt credited money thru ECS.

hai all i wish to share something, on the advice of my broker and mr. bond i have applied sel manufacturing issue and made fortune because everybody got his share in good quantity and issue is hit. its a slap on everybody who says that this is a (ruddy) including tanushree and everybody says that it will quote in huge discount, thanks and hats off to mr. bond for timely advice

Hi, HAs anybody recived refund for SEL. I had applied through ICICI direct and have an account in bangalore - refund was supposed to be by ECS ???...

this is "SELL" company. Textile not a good sector to be in.

anyone get the refund of SEL manufacturing. I have applied through ICICIdirect. please give me the status of that.....

anyone get the refund of SEL manufacturing. I have applied through ICICIdirect. please give me the status of that.....

good luck to all allotees as the share is going to list on tuesday when Subprime Monster will be delt with
Monday our market willopen with biiiiig gap but tues day's fortune will depend on US market, Any way now atlest it will be able to list at par

allottment is out...applied 300 got 103 @ 90 rupees per share

almost everyone would get the allotment and premium should be 10 rs.don't expece bumber listing. book profit on listing

good luck raj for your wish

guys sel is the best bet,in long term it cn go to 500 level.it will list at 150

If SEL lists at Rs. 100/-, UTI Bank's subsidiary will make 54% profit (Rs. 35/-), while the second party will make 33% profit (on Rs. 75), while you stand to gain just 11%. So, their investment can be justified, not yours.

Given the market scenario, and textile sector's performance, this should not command a premium of more than Rs. 10/- (provided this does not list at discount).

Remember, the promoters have taken a HUGE bonus (28:1 !!!!!). They are out to milk the market.
Save your money for better options.

pinky you will get good profit. its a worth to apply sel IPO

This share can be taken on IPO merely for the trading porspoective, should sell as soon as it lists. Surely go up to 115 on listing date. Good opportunity for traders.