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Good Days for IPO are Back

It appears that good days for IPOs are back as a number of IPOs have been subscribed despite modest outlook. Have a look at the 4000 crore Bharti Infratel issue which got fully subscribed with the help of institutional players despite poor retail investors response..

A few good IPOs got good response like like CARE and P C Jewellers which have been heavily by 41 times and 6.7 times respectively.

Thus IPO market is getting good response and we hope to see more IPOs in the forthcoming year of 2013.

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