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Indiabulls Power IPO, worth Investing?

Posted on: October 12th 2009 in Stock Views.

Indiabulls power’s IPO, with an issue of 39 crore equity shares, having a offer price of Rs 40-45 per share with face value of Rs 10 each, the issue would mop up Rs 1,560-1 ,760 crore, and would represent 19% of post dilution equity capital. The proceeds would go for power projects …

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