New IPOs begins well in 2007

January 13th, 2007

The recent IPOs of the year seems to be starting well. Shree Ashtavinayak Cine Vision which is into film production, distribution and related businesses ended at Rs 226.50 on the BSE. It may be recalled the stock made well compared to its issue price of Rs 160 per share.

Cairn India was a bit dissapointing as it ended at Rs. 140 as against its issue price of Rs. 160.

Pyramid Saimira and Tanla Solutions had a mixed start though the sectors seem to be blooming.

Entry Filed under: Equity Markets

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