“The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.”

Wednesday, January 30, 2008

Wockhardt IPO opens 31 jan close Feb5

It seems due to the uncertainites in the market has led Wockhardt Hospital to change its mind.
Wockhhardt Hospitals has lowered the price band from to Rs225-260 from Rs280-310
This is one of the instances were the companies tries to take advantage of the bulls market.

Future Capital IPO Allotment Status

Future Capital IPO Allotment Status is out. The Future Capital IPO was heavily oversubscribed under all categories. It was over subscribed such heavly to the extent that many investors gave a stop payement as they were unsure about the allotment.

Reliance Power IPO Allotment Status

Reliance Power IPO Allotment Status is expected to be finalised by tomorrow. Reliance Power IPO Allotment will be made on the basis for investors who had applied for the maximum quantity under the Retail Investors category.
All other investors will get allotment in Reliance Power IPO on a lottery basis.

3 LAKH APPLICANTS DISQUALIFIED

43 lakh applicatns get 15 shares each
entire process to ve over in thursday
4 lakh investor applying for less than 225 shares not to get allotmenent