Sunday, 10 April 2011

Muthoot Finance IPO Grey Market (GMP) Kostak : From 18-4 to 21-4 Price band seen at Rs 170-195/share @10% Discount on Retail

Muthoot Finance IPO: Price band seen at Rs 170-195/share

Muthoot Finance IPO Rating, Grading, CRISIL Grade 4 Muthoot Finance 18-4-2011 to 21-4-2011 issue size is 51500000 Eq. Shares and price may be 170 to 195 and total size of issue is may be 1000 cr

@ 10% discount in Muthoot for Retailers. (NOT CONFIRM)

 Kostak Previouslly traded 3,000/- per 2 Lacs

You can expect IPO of Muthoot Finance in next week and probability of money making is higher in this IPO. Only thing it should close for QIB one day earlier so that you can make some ideas about oversubscription.  

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