The price band for the issue is between Rs 80 and Rs 85. The issue opens on February 1, 2008 and will close on February 5, 2008.
We do not recommend investors to subscribe in this IPO. Investors might have made listing gains in this IPO had it listed 3 months back when the times were good. With this volatility in the secondary market, investors can only lose money in this IPO. Better companies are available in the secondary market for investors to consider even in this sector.
0 comments:
Post a Comment