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Investors Buy Heavily into Unlisted Shares : Our coverage in today’s Economic Times
Unlisted Shares are seeing high demand recently due to attractive valuation. Stocks of Bombay stock Exchange (BSE), ICICI Prudential, ICICI Lombard, L&T Infotech and RBL Bank (Ratnakar Bank).
Our coverage in today’s Economic Times. Read this article for more details
“Heavy oversubscription in recent IPOs like Thyrocare Technologies, Ujjivan Financial, Alkem Labs resulted in poor allotment, leaving many HNIs (high networth investors) disappointed,” said Narottam Dharawat, a Mumbai-based broker who deals in unlisted shares. “Many of them believe they would be better off buying a good company before the IPO.”
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