Tuesday, January 29, 2008

Emaar MGF IPO Price Band fixed

Emaar MGF IPO Price Band has been fixed at Rs. 725 to Rs. 850 per share as per reports. Emaar MGF IPO has received SEBI’s clearance earlier this week. After the Reliance Power IPO, Emaar MGF IPO is the next mega IPO that would be hitting the Indian stock markets. I doubt if there is enough liquidity in the system to absorb so many new meag IPO issues. Emaar MGF IPO will set the stage for other real estate IPO’s and hence this IPO will be closely watched. More details relating to the Emaar MGF IPO including the Emaar MGF IPO Subscription Dates will be updated here as soon as available.

Source : Bullish Indian

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