Speciality Restaurants Ltd IPO Message Board (Page 3)

Anand R
8. Anand R |   Link | May 14, 2012 12:09:16 PM
India's Speciality Restaurants Ltd has set a price band of 146 rupees to 155 rupees a share for its initial public offering aimed at raising up to 1.82 billion rupees ($33.98 million), the company said in a newspaper advertisement on Monday.
Tiger n Tiger
7. Tiger n Tiger |   Link | May 11, 2012 1:30:14 PM

We can send mail to following mail address to change market time : -

1. FM sir fm@finance.nic.in

2. Chairman - SEBI chairman@sebi.gov.in

Dilip Davda
6. Dilip Davda |   Link | May 11, 2012 1:20:25 PM
Going by the size of the issue, price is likely to be in the range of Rs. 150-160. Although no peer comparision available, pricing of an ipo at this level looks aggressive with nothing for new investors on the table for a while.

Dilip Davda
SEBI registered Research Analyst

Read my IPO Reviews

Tiger n Tiger
5. Tiger n Tiger |   Link | May 11, 2012 12:48:43 PM
If most of the participants want 9.55 AM it can be done.

We should send a mail in this regard to SEBI / Ministry of Finance and also BSE/NSE.

I request all the investors to copy my following request and send a mail to SEBI etc.

SEBI can not ignore 20000 mails. I can send 2000 mails from my group. AND also needs your support.

vsp share
4. vsp share |   Link | May 11, 2012 12:13:04 PM
absolutely i agree with u that 9.55 a.m is ashubh. bt how to convince the sebi.
3. Saharanpuri |   Link | May 11, 2012 12:12:31 PM (200+ Posts)
How is the Speciality Restaurants IPO opening on 16/05/12?

Cud be an interesting bet as Mainland China n Oh Calcutta are iconic brands generating good business in restaurants business?

Advice urgently needed by EOD as I am leaving on cation tomorrow
Tiger n Tiger
2. Tiger n Tiger |   Link | May 11, 2012 10:30:59 AM
we want support of all investors and Chittorgarh team.

Subject: A humble request to SEBI and Ministry of finance to change market opening time of NSE/BSE from 9.15 A.M. to 9.55 A.M.

I have been investing in the stock market since more than 15 -20 years. In all these years under SEBI governance the stock markets have undergone drastic positive changes and the trading of shares which was once done through the physical shares on the trading rings on the Exchanges is now available in the demat form on the laptops and mobile phones of the investors. The daily market turnover all the Exchanges has increased many folds in all these years.

But since last two years when the SEBI has changed market opening time from 9.55 A.M. to 9.00 A.M. our stock market has stop giving returns to the investors and infact the markets are giving negative returns.

9 A.M. market opening time is too early in the morning and created many life style issues. In the early morning rush to reach trading terminals no one can go to Gym, Yoga centre, morning walks etc. For the Office staff to reach to office at 8 A.M for the BOD works is a very big problem in metro cities. Due to lack of time in the morning it becomes impossible for the broker and his team to update investors regarding overnight development of sentiment in news flow to help them to take informed decisions.

We stock market people are superstitious and 9 A.M. opening has not been Shubh for us. Therefore correlating Ashubh 9 A.M. market opening time and the lack luster markets as it is now a days it’s my humble request to the governing body SEBI to once again change the market opening time to 9.55 A.M. as it was in good old investor friendly days of market in the years before Jan 2009 so that the Bull markets can be resumed again for the BSE Sensex to head its journey to +30000 levels.

Thanks & Regards.

Stock Investor
hardik gandhi
1. hardik gandhi |   Link | May 11, 2012 2:06:25 AM
Dear All,

Speciality Restaurants Ltd (SPL) is coming out with an Initial Public Offering. The details are as follows:

SPL is a fine dining operator in India, with 62 restaurants and 11 confectionaries as of December 31, 2010, featuring certain well recognised brands in the Indian restaurant industry. SPL focus’s on providing its guests an affordable fine dining experience with quality food and service in a modern ambience.

Issue Details of Speciality Restaurants Limited IPO.
      Issue Opens on      May 16, 2012      
      Issue Closing on      May 18, 2012      
      Price Band      Will be announced two working days prior to the issue opens      
      Lot Size      Will be announced two working days prior to the issue opens      
      Issue Size      1,17,39,415 Equity Shares of Face value Rs. 10/- each      
      IPO Rating      4/5 by Crisil      
      Listing On      BSE & NSE      
      Issue allocation      QIB - 50% I HNI - 15% I Retail - 35%      
      Registrar      Link Intime India Pvt. Ltd.      
      BRLM      Kotak Mahindra Capital Company Ltd.      
      Syndicate Member      Kotak Securities Ltd.      
      Incorporation Date      The compnay incorporated on December 1, 1999      
      Retail Application Size      Rs. 2,00,000/-      

The Company proposes to utilise the Issue Proceeds, after deducting the underwriting and issue management fees, selling commissions and other expenses associated with the Issue (the ―Net Proceeds‖) for the following objects:
1. Development of new corporate restaurants;
2. Development of a food plaza;
3. Repayment of a term loan facility; and
4. General corporate purposes