NSE IPO Update: So far, so good!

Both IPOs that listed on the NSE this month are doing well - especially given the lackluster performance of the market indices:

Name of the issue LTP Issue Price (Rs.) Date of Listing
Motilal Oswal Financial Services Limited 964.45 825.00 11-Sep-2007
Indowind Energy Limited 132.15 65.00 14-Sep-2007

Indowind, which saw QIBs pull out at the last minute, has doubled since its listing late last week! The one major impact has been in the quick slowdown in new issues.

Coming Attractions:

 

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