IndiaBulls Power - Basis Allotment + Listing
Tuesday, October 27, 2009We have been given the Basis of Allotment of the Highly Hyped IndiaBulls Power IPO - Power Hai Tou Zindagi Hey :-)
As the Retail portion of the issue was subscribed by mere 1.09 times with recommendation from us and other leading brokerages to AVOID, as expected all retail Investors have been allotted in FULL.
Here is the CHART Showing the BASIS of ALLOTMENT of India Bulls Power.
Listing is expected 1 Comments:
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At October 30, 2009 10:27 AM,
Rishabh said...
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Listing at Rs 38. Huge loss for foolish retail investors and much bigger foolish institutional investor who had applied via pre ipo placement.
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