Indiabulls Power IPO was fully subscribed within half an hour after opening stating the robust appetite for New Indian Share Offerings. On Monday Sources said Indiabulls Power would issue 18% of the issue at the top end of the 40-45 rupees price band to five anchor investor including Nomura.
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According to Nishna Biyani research analyst Prabhudas Liladhar said that suscribe the issue for listing gains. But for long terms they feel all the Private companies will be flooding markets for the funds.
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