28 Nov 07 Kolte Patil IPO exit option provided to IPO investors
Kolte Patil IPO investors have been offered an exit option as per SEBI’s instructions. The exit option has been offered by Kolte Patil Developers Limited to investors who subscribed to the shares of the company in the IPO since there were some issues raises post IPO regarding cases filed against the company in the Whispering Meadows project. Apparantly, this information had not been revealed properly to the investors in the DRHP. The grey market premium of Kolte Patil IPO came down after this news hit the markets. However, not many investors are likely to withdraw their applications due to this sudden development. The Kolte Patil IPO allotment process is likely to get delayed because of this development.
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Hi
Can any one tell me how to withdraw from kolte patil developers IPO application, i have applied through icicidirect.
Will they only pay back our money
Thanks
Prakash
I applied for Kolte Patil, Can I know how many days it is delay. And also want to know whether to exit or stay with IPO
call icici direct and they shall refund your money
Hi,
After the news in market about the project of Kolte Patil, I should exit or stay with this IPO? Plz suggest us.
I am with The IPO still, i have appyied for 3 Lots, I think IPO will get Good Listing Price Still even after the New Hit.
i think it has been good listing about 250