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Friday, October 9, 2009

INDIABULLS POWER IPO Price Listing Date IPO Status

INDIABULLS POWER IPO Price Listing Date IPO Status
Indiabulls Power is entering the capital market on 12th October 09, with a public issue of 33.98 crores equity shares of Rs. 10 each, in the price band of Rs. 40 to Rs. 45 per share.
Recent power IPOs have not been very good, like NHPC - still on Rs.33 and Adani Power still at 101,

What are plans from INDIABULLS POWER IPO
has plans of setting up 6,600 MW Power Plants,operational by March 2012,
All the projects has seen financial closure and equity tie up, for its with total capacity,

not advised to subscribe to the shares, beyond Rs. 40, especially for retail investors, it is necessary to be cautious,

in view of Adani Power and NHPC, now available at much better valuations, then this company.

1 comment:

  1. Securities and Exchange Board of India( SEBI ) has approved the National Stock Exchange NSE’s tie-up with a number of regional exchanges including Calcutta, Vadodara, Jaipur and Madhya Pradesh.
    This will help Members from these exchanges to trade on a much wider country-wide trading platform–the NSE a press release issued here said. for more details please visit to:-http;//wwwpuntercalls.com


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