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IVR Prime shares tumble upon listing
Friday, August 17, 2007 www.indiainfoline.com
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Stock market
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The shares of the IVR Prime Urban Developers Ltd. which made it's debut on the stock market, plunged by as much as 29% on Thursday.IVR Prime had raised Rs35.28bn by issuing 64,150,000 shares in the Initial Public Offering (IPO).The reason for the bloodbath at the indices were a fresh round of global selloff linked to the US subprime woes.
Tags :
IPO
Global-Selloff
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