India bulls power IPO price 45. With the hyper around, and their brokerage house, they sold the full IPO, which was oversubscribed. The management does not know jack about building power plant. It sucked investors dry. Right now it is trading at Rs 23 and will remain so.
IPO from shrewd promoters makes investors poorer. So if you are not sure, stay away from it.
this is nice article and enchaces the knowledge.tell me 1 thing for investing in IPO.is it levied any taxes our brokerages as generally donr in traditional trading? by makarand
