Pipavav shipyard slips below IPO price

Pipavav Shipyard Ltd, one of the most shady IPOs this season has slipped into the RED i.e below the IPO price of Rs 58 to Rs 54.45 on the NSE. Pipavav Shipyard is promoted by Nikhil Gandhi etc who are indicted for rigging company share prices which can also constitute insiders trading.

We really hope the Retail Investors have exited the stock before the ship sinks like Titanic with an unreasonable IPO pricing

Comments

• Categories

  • /
  • business
    • bank
    • market
  • conference call
  • exim
  • general
  • insurance
  • retail
  • technology
  • telecom

• Archives

  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009

• Links

  • India Retail
  • Suggest Ideas

• Recent Posts

  • Indian Politicians Across the Board Lack the Will to Curb Black Money
  • India’s current account crisis weakens Rupee
  • BJP Karnataka Website Hacked – BJP MPs / MLAs Serving Erectile Disfunction Drugs
  • S&P Downgrades Outlook on India to Negative
  • Congress MP Abhishek Manu Singhvi Video is More Hype than Viral / Disruptive
  • Department of Homeland Security Finds Errors in Infosys Visas
  • Historical Indian Repo / Reverse Repo Rates vs Inflation Vs CRR
  • 2G Wireless Spectrum Scam now for Presidential Reference – Congress @ its Worst
  • PM’s Economic Adviser Trashes the PM & Policies – Can Dr. Singh Save the Disgraceful Exit in the Offing ?
  • Karnataka Citizen Services Act – Sakala Effective Statewide from Today

• Recent Comments

  • ravi pandey on Tata Motors steps up recruitment at Jamshedpur plant
  • editor on Karnataka Citizen Services Act – Sakala Effective Statewide from Today
  • Palanisamy on LIC introduces – Gold club membership for its customers
  • mahesh g m on Karnataka Citizen Services Act – Sakala Effective Statewide from Today
  • jeeshriya on Nestle Milkmaid Creations – Powdered Dessert Mixes Sweet Market