Dagger Forst Tools FPO
August 24, 2007
Dagger Forst Tools FPO is a fixed price follow on public offer (FPO). Dagger Forst Tools is a birla group company which is into manufacturing of machines and tools. Dagger Forst Tools is already listed and actively traded on the BSE. The FPO will increase liquidity in the Dagger Forst Tools counter since the issue of new shares will increase the supply of shares. Dagger Forst Tools FPO opens on 27th august and will remain open for subscriptiption till 3rd of next month.
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September 11th, 2007 at 7:52 am
when it is listing. what may be the price
September 23rd, 2007 at 9:09 am
Hi Any body knows when the allotment & listing will be for Dagger Forst Tools. I mistakenly applied and waiting with my fingers crossed.
September 23rd, 2007 at 9:31 am
Same question ?????????????
When is this IPO listing???????????????????????????
What will be the price?????????????????????????????
Was this IPO so Bad that the company is not even disclosing the date of listing
reply me as soon as possible……………………………………………………………..
September 25th, 2007 at 4:08 am
ANy update on Dagger Forest FPO? Now it is nearly One month……. Pl let me know , how to get updated on Dagger Forest.
September 25th, 2007 at 8:25 am
HI me too applied for Dagger forst ipo, dont know when is the allocation and listing. believe its
September 26th, 2007 at 12:41 am
I CALLED DAGGER FOREST COMPANY 8 TIMES TO ASK ABOUT ALLOTMENT AND LISTING …………..
THEY REPLIED WE DONT KNOW RIGHT KNOW ??????????????????????
AND SAID TO CALL AGAIN AFTER TWO DAYS………………..
THEN I CALLED THE REGISTRAR OF THE CO. , THEY REPLIED THAT THE SHARES ARE ALREADY ALLOTED AND THERE WILL NO LISTING OF THIS SHARE AS IT IS ALREADY LISTED IN THE BSE……………..
WHICH MEANS WE HAVE BEEN FOOLED…………AND IT IS HARD TO GET BACK EVEN THE SAME AMOUNT WE INVESTED……………
IF ANYBODY NEED TO TALK TO ME THEN PLEASE DO GIVE ME A CALL ON 09219511755…………………….ANY INFORMATION ABOUT THIS ISSUE DO LET ME KNOW …..
September 26th, 2007 at 5:06 am
I also applied for shares and the same has not been allotted nor have I got refund. would anybody guide what is the position.
September 27th, 2007 at 12:23 am
when dagger forst ipo will be open any information plz call me on 09919491664
September 27th, 2007 at 9:30 am
Dagger Forst Tools Ltd, which is currently engaged in manufacturing highly specialised cutting tools, is expanding the capacity of its existing products by setting up a new plant at Gandhidham, Gujarat. The new plant will have a capacity to manufacture 1,030 broaches, 1,385 hobs and 1,440 shaving cutters. The company will spend Rs 20.79 crore on this project. Construction work is already under way. Rachna Engineers, Gandhidham, has been appointed as the architect for the building construction. The project is expected to be completed by this year-end.
The company is also establishing a new plant at Dehradun to manufacture parallel shank and taper shank twist drills. The cost of this project is estimated at Rs 20.33 crore. The company is in the process of acquiring land for the project. Civil work is due to start in November. The entire project is scheduled for commissioning in August 2006.
Dagger Forst Tools proposes to fund both the projects through an IPO, a rights issue, internal accruals and borrowings of Rs 15 crore from banks.
This is the news from dagfor. Keep this share by the end of this year. New projects will be started after this year.
if u r a short term trader, sell them when it reaches to face value. Otherwise keep it . It gives u good profits next year after new projects are started.
September 27th, 2007 at 3:10 pm
I GOT 100% ALLOTMENT .. BUT DONT KNOW WHEN I CAN SELL THEM ?
September 28th, 2007 at 9:41 am
It will reach 47 to 49 next week.
better to sell them at this rate if u r a short term investor.
If u r a long term investor, don’t worry about this script. it shuffles always between 40 to 50. After December it may have good profits.