Tuesday, May 21, 2013

Pricing and IPOs

All IPOs are aggressively priced reflecting the greed of the management behind.Once investors subscribe they get trapped and they cannot get out of it without incurring loses. Even the IPOs issued by the PSUs are priced high. The Govt SEBI and Merchant bankers are behind this sort of pricing for IPOs and they have no concern for the investors. It is an organised cheat.Dr.T.V.Gopalakrishnan 9This comment is published in ET dated 21/513)

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