The IPO of SJVN Ltd. which closes for subscription today, has accumulated good response on the closing day and the IPO is bid 6.26 times till 1600hrs on the closing day, as per data available on the NSE website
Stay tuned to Indian IPO Blog for latest updates on SJVN IPO!
Monday, May 3, 2010
SJVN IPO bid more than 6 times till 4 pm
Subscribe to:
Post Comments (Atom)
Its show that people can still discern between junk and decent offerings. With a decent low double digit multiple and good dividend yield SJVN it makes sense for retail investors who get a 5% discount to subscribe to it. It certainly makes 10 times more sense than subscribing to the absolute junk that is being offering in the primary market
ReplyDelete