NSE IPO Update: November 2007
The number of IPOs at the NSE has slowed down quite a bit this month - there were only two listings:
- Barak Valley Cements on Nov 23, Issued at 42, Currently trading at ~56
- Religare Enterprises on Nov 21, Issued at 185, Currently trading at ~533
In the pipeline are (bidding closed):
- Edelweiss Capital
- Renaissance Jewellery
- Kolte Patil Developers
- Mundra Port SEZ
Bidding is open for:
The enthusiasm for IPOs seems to be waning along with the equity bull market.
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November 23rd, 2007 at 6:06 pm
R u not considering fixed IPO. varum made a great debut, of course it was selling below its book value.