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November 23, 2007

KAUSHALYA INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED – IPO Closes today

KAUSHALYA INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED IPO issue closes today. Till yesterday it is subscribed 1.83 times with retail segment subscribed 0.53 times. Somehow I am giving a miss to this IPO.

3 comments:

vikas said...

yaar ye kaisi company hain man....................100 shares le lun kya,,,,,,,,,,,,,,,,,,

vikas said...

koi bataye ga

prakashak said...

@Vikas - Given the small size of business and the absence of any unique positioning, the valuation at the current offer price does not appear attractive. Therefore I think we can avoid this issue. Jab bazar mein aur itne issue hain to hum isse jhod sakte hain. Lagta nahin hai ki ye 7-8 times se jayada subscribe hoga..
Good Luck.

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