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re demat
by RAMAN on Feb 11, 2005 02:02 PM

myself invest in equity shares since more than 20 years. but now i am nri & fed up to invest in indian share market.
as a small investor, i lost my lot of portion to just keep demat a/c with hdfc bank.
demat bank a/c's charges are so high any small investor(retail) can not buy now & keep demat a/c.
it is ridiculous.
even after long term 10 years invested shares, i can not cover simple bank interest.
company offer IPO at exorbitant prices, after public issue, shares not open at so high prices since last 10 years of my experience.
is sebi is doing anything ?
many companies are already bankrupted.
as example : orkay silk mils, jenson & nicholson financial services, ispl industries, conwel canes etc.
yours truly,
raman


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The above message is part of the Discussion Board:
Open letter to the SEBI chairman