Hi friends

Thanks for visiting my Blog. Through this blog I shall try to estimate on which share investors and Indian Equity Market watchers are betting on. IPO recommendations shall be provided from time to time. Your Valuable comments are also invited. Please do vote and share the knowledge of our markets to all of us.

Monday, June 25, 2007

Should I Invest in Suryachakra Power IPO?

Suryachakra Power IPO, which is open for subscription now and closes on 29th June 2007 is a small player in the power generation business. The issue price band is Rs.17 to Rs.20. Though listing gains can be expected, in todays world where every company is building big projects in petroleum or telecom or construction and retail, a small player wont be able to gain much respect. Also there seems to be no shortage of good IPO’s in line for people to invest rather than park their money in Suryachakra Power. Spice Comm. is any time a better option which is open now.

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