IPO’s in 2008 - Overvalued scrips at less than 60% of IPO price
October 3rd, 2008 by admin | No Comments | Filed in WEEKLY REPORT, ipo2007 saw investors making big bucks with 9 out of 10 major public issues helping rake in the moolah. But 2008 has been quite the opposite! Out of the 40 companies that were listed this year, 32 are trading below their issue prices (i.e. at lower prices than was offered to the public), a Times of India analysis shows. (more…)
Tags: ipo, Market News

