Sucheta Dalal

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Suchetadalal's Discussion Forum » W e l c o m e


(1 post)
  • Started 8 years ago by k a prasanna
  1. There is sudden rush of IPOs aimed at making it before September 30. The main reason is to avoid SEBI guidelines, which makes it mandatory for companies to incorporate the results of June quarter, if they are planning the IPO after SEPT 30. The other reason being, the issuers and merchant bankers are trying to exploit the buoyancy in secondary market, which has direct positive impact on the primary market. Investors, desiring investing in the primary market should exercise extreme caution in selecting the companies. Out of the 43 IPOs that are listed in the exchanges from 01-01-10 until date, 19 company shares are quoting below the offer price, the last one being Aster Silicate. That means, almost every second issue is not good.

    Posted 8 years ago #

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