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
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Bidding status
Day 3 Subscription Status
Satluj Jal Vidyut IPO
Satluj Jal Vidyut Nigam IPO
Satluj Jal Vidyut Nigam Ltd. IPO
SJVN IPO
SJVN IPO bid more than 6 times till 4 pm
SJVN IPO bid more than 6 times till 4 pm
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# Bidding status
# Day 3 Subscription Status
# Satluj Jal Vidyut IPO
# Satluj Jal Vidyut Nigam IPO
# Satluj Jal Vidyut Nigam Ltd. IPO
# SJVN IPO
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SJVN IPO
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Bidding status,
Day 3 Subscription Status,
Satluj Jal Vidyut IPO,
Satluj Jal Vidyut Nigam IPO,
Satluj Jal Vidyut Nigam Ltd. IPO,
SJVN IPO
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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
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