Indiabulls Power Limited is likely to have a price band which would cover the pre-IPO price which was made and subsequently cancelled. Sources have indicated that the most likely price band will now be Rs 40-45 and this would make the issue extremely attractive based on preliminary understanding.
The price band would be announced in papers tomorrow morning and it appears that the same would be made public in the road show today evening.
Dear Arun,And now finally after a long time you have found the Indiabulls Power price band attractive.And these are very kind words coming from an astute/conservative investor like you.I hope Investors across the Investment community will heed your advise ie Invest and Make Money.Loved your article.