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Monday, March 10, 2008

NEW STATS

Investors have lost around Rs 3,000 crore so far as 13 of the 18 initial public offers (IPOs) listed during the current calendar year till date are trading at a discount. The loss accounts for 24 per cent of the total offer size of Rs 12,314 crore. The big flops of the year – Reliance Power and Future Capital Holdings – are currently available at 25 per cent below their issue price.

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