It has been a strange week for the Securities and Exchange Board of India (SEBI”) and the “IPO scam”. Last week, SEBI published a report produced by a committee headed by Justice D P Wadhwa on how alleged victims of the “IPO scam” ought to be compensated. How…
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JSW Energy makes a slient debut
Posted on: January 4th 2010 in IPO Views.
JSW Energy which had its listing today in NSE and BSE, opened up at its days high of 106.00 and then slipped below its IPO price of 100, it made a Intraday low of 99.90 and finally manged to close at 100.85. The company had raised $579 million in the IPO that was subscribed 1.7 times whe…
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