POSTED BY November 30, 2012 9:29 pm COMMENTS (2)
ONAll,
You must be aware of these two IPOs. whats you call?
CARE – opens on 7-Dec, Rs.700-750/Share
Bharti Infratel – opens on 11-Dec, Rs 210-240/share
If ‘subscribe’ is your call, mention whether it is for listing gains, or for long term investment.
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Better avoid IPO’s as they are new to the markets and less information to make the justification for its pricing. If you are fond of buying one, better buy it in secondary market.
CARE looks fundamentally good but is over priced in the IPO. May be pick later based on further developments
Bharti Infratel not gud fundamental and a obscenely over priced.A clear miss