Sita Shree Food Products Ltd IPO Message Board (Page 2)

I have applied for full application i.e., 3,300 shares at 30 amounting to Rs.99,000/-, i just checked my online application and I found that the shares alloted is zero.

Can any one suggest what could be the reason for not getting the allotment.

SITA SHRI FOOD ipo will totally under cutting because market will12,000so, ithink this ipo was totaly failed

please someone help me, what is the registrar phone number, what number i have to dial from mobile, i m in mumbai.

ankitonline

see after 2.00 pm

754 shares alloted for full application

pls anybody tell me allotment kis site par dekhe

SITA SHRI FOOD KA ALLOTMENT KE LIYE REGISTRAR KO PHONE LAGAYE IS REGISTRAR KI KOI WEB SITE NAHI HAI YE SAB CHOR HAI

koi batayega konsi sight per ipo allotment status milega

HARDIK KON HAI US KE BAAP KA RAJ HAI JO SENSEX 12000 AYEGA US KO DO LAFA MARO OR BAZAR KE BAHAR NIKAL DO

SITA SHRI FOOD IS LIST 45 TO 50 DO NOT PANIC

SITA SHRI FOOD ALLOTMENT IS OUT ON DMAT ACCOUNT PLEASE INQUIRY ON REGISTRAR

arey yaro koi batayega konsi sight per ipo allotment status milega

this ipo will totally under cutting because market will12,000so, ithink this ipo was totaly failed

sita shree listing will be under cutting than market was totaly under presuure so,don"t expect listing will be preimium

Allotment expectation is 780 - 790 shares for the application of 1 lakh (maximum) in the retail category.
Allotment is due on March 28.
Refund process will start from March 31.

THERE ARE SOME OPERATORS IN THIS ISSUE.PURCHASING IN MORNING AND SELL AFTER 2 DAYS WILL GIVE HIGH RETURNS. TAKE A CHANCE.

SITA SHRI FOOD PRODUCT-FIX ISSUE PRICE AT THE RS.30 DO NOT SELL ON LISTING DAY EXPECTED LISTING PRICE OF 40 TO 55 ON INTRA DAY DO NOT PENIC

Sita Shree IPO fixes issue price at Rs 30
18 Mar, 2008, 1253 hrs IST, INDIATIMES NEWS NETWORK


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MUMBAI: Sita Shree Food Products has fixed the issue price of its initial public offering at the upper price band of Rs 30. The issue was subscribed 2.38 times after teething trouble on the first day of its opening on Mar 11. The IPO had closed on Mar 14. The issue was in the price band of Rs 27-Rs 30 per share aggregating to Rs 31.50 crore.

The company plans to utilise the net proceeds to part finance its Rs 48.12-crore expansion. This includes setting up of a solvent extraction plant having 500 tonne per day capacity, a oil refinery for solvent extraction plant having 100 tpd capacity, a lecithin plant for processing the by products of solvent extraction plant having 5 tpd capacity, and a flour mill of 275 tpd. The project will be set up at Badiakima, Indore, Madhya Pradesh.

CRISIL had assigned Grade "2/5" to the IPO. The shares will be listed on Bombay Stock Exchange and National Stock Exchange.

Oversubscription of the issue has been arranged. How can there be no QIB subscription for 3 days and then 1.02 times on the last day. Its definitely not love marriage between Investors and the Issuers, only arranged marriage. Whether the share price will be manipulated on listing day remains to be seen. Those who get allotment, place stop loss order at issue price and keep raising it if the share goes up keeping a Rs. 5 difference from high.

Ovar all Subscription at 5 P.M. is 2.38 Times. But in Retail the Subscription at Cut Off is 3.92 Times