There were a number of IPO’s that were listed in the first half of 2009, most of them underperformed the Markets. The IPO’s that fied to have a positive impact on the Markets were numerous some of them namely NHPC, Adani Power, Oil India, Euro Multivision Ltd, Excel Infoways L…
Adani Power IPO: Invest now or wait for listing?
Posted on: July 28th 2009 in Stock Views.
ET: The much-awaited big-ticket IPO from the Adani group opened on Tuesday amid high expectations from the group that saw its earlier offering, the Mundra Port & SEZ (MPSEZ) issue, being oversubscribed a record 116 times in November 2007. Adani Power has completed allocation of shar…
Dubai’s Emaar still mulls IPO for India MGF JV
Posted on: July 23rd 2009 in Press Releases.
DUBAI: Emaar Properties is still considering an initial public offering for its India MGF joint venture, in line with its strategy announced last year, the Dubai-based developer said on Thursday. Emaar, which is building the world’s tallest tower, said that while an IPO is being …
IPO investors get returns gift
Posted on: May 30th 2009 in Press Releases.
MUMBAI: Most investors who bet their money on initial public offerings during the heady days of the 2007-08 bull market can heave a sigh of relief. The near 80% rally in key indices since March has translated into even bigger gains in the broader market, with the result that many of the r…
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