{"id":3766,"date":"2013-02-06T10:13:38","date_gmt":"2013-02-06T04:43:38","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=3766"},"modified":"2013-02-07T21:28:32","modified_gmt":"2013-02-07T15:58:32","slug":"ipo-with-safety-net-scheme-sai-silks-kalamandir-ltd","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/ipo-with-safety-net-scheme-sai-silks-kalamandir-ltd\/","title":{"rendered":"IPO with Safety Net Scheme – Sai Silks (Kalamandir) Ltd"},"content":{"rendered":"
Its a known fact that Retail participation in Stock market have been dwindling for retail investors. Added to this, retail investors have badly burnt their hands by investing in over-priced Initial Public Offers (IPOs).<\/p>\n
Sai Silks (Kalamandir) Limited, is coming with its IPO with “Safety Net Scheme”.\u00a0<\/strong><\/p>\n [note color=”#FFCC00″]Under this scheme, if the market value of the equity shares falls below the issue price at any time during the six months from the date of credit of the Equity Shares, the company would buy back maximum of 1,000 shares at the issue price from the original retail allottees.[\/note]<\/p>\n