It was almost a slag of 3 years the Initial public Offerings (IPO) was out of fashion in the Indian markets. Now they are back, so are the bulls back on Indian bourses? Yes they are. How long they will last? I don’t know.
The Wonderla IPO was subscribed over 38 times on the final day of bidding, next in line: L&T Technology Services and L&T Infotech, Bharat Business Channel, Hindustan Aeronautics Ltd, Tarini International, Manpasand Beverages, Adlabs Entertainment, Quick Heal to name some.
Have done series of posts the IPOs as they are controversial in nature. The paper by Pitchard “Initial Public Offerings (IPOs) must simply be abolished” is worth a read.
Well IPOs are always overpriced? Continue reading “The Initial Public Offerings back in Indian market”