Trading Members of the Exchange are hereby informed that in compliance with the order of Honorable Securities Appellate Tribunal (SAT) dated August 25, 2011, the equity shares of Vaswani Industries Limited, allotted pursuant to IPO and as per the details given below, shall be listed on the Exchange with effect from September 20, 2011.
It is further notified that the aforesaid equity shares shall be admitted to dealings on the Exchange upon the company completing the formalities for issuance of bonus shares in compliance with the aforesaid SAT order, by the company. Accordingly, the Exchange will issue a separate trading notice before its commencement.
The details of the equity shares are:
Scrip Code - 533576 SCRIP ID - VASWANI ISIN No. -INE590L01019 No. Of Equity Shares - 2,34,90,700 equity shares of Rs. 10/- each fully paid up Distinctive Nos. - 1 to 23490700
vaswani ka listing date kab tak hai koi khabar hai kya bhai log jago
524. Dilip Davda| Link| Bookmark|
September 12, 2011 6:13:36 PM
Top Contributor (200+ Posts, 300+ Likes)
Well, after Reliance Power, Vaswani has announced bonus for retail allottees. However, this bonus is nothing else but making the 25% discount official. Will it benefit investors, who have not opted for exit, is a million dollar question now.
Dilip Davda SEBI registered Research Analyst Mumbai
Thanx SK Dash and KK Natarajan for your messages !!
Something to share with u all --
Today i spoken to the Lead Manager of Vaswani Industries. They are trying to list Vaswani this month ... But trading will commence only after issuance of Bonus Shares ... so, actual trading will start only in mid October !!
Tomorrow is the last day of withdrawal ... so if u r still thinking, then its time to act guys ...
Take Care :-)
520. SkDash| Link| Bookmark|
September 9, 2011 11:41:27 AM
Top Contributor (1000+ Posts, 200+ Likes)
IPO looser
i think after allotment, they would have withdrawn the money from the escrow account. So SEBI should order to pay at least the prevailing bank interest. Sab Chor Ekatha ho gaye.