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Indian IPO market Update to make Money

Posted By On 10:14 PM Under ,
Indian IPO market always gets revived with the gains in the market. The results of ongoing IPOs and forthcoming IPOs is as appended below:
(a) Jindal Cotex IPO has been subscribed 0.62 times
(b) Globus Spirits IPO can be avoided due to poor market coditions.
(c) Pipavav Shipyard, the largest dockyard in India, will be hitting the Indian markets on September 16 to raise around Rs 550 crore by diluting nearly 12% equity. The IPO is likely to be priced between Rs 60-70 per share. SAIL and Punj Llyod have high stakes in it.


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