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IVR Prime IPO

Date July 23, 2007

The IVR Prime IPO opened for subscription today. The response from investors for the IVR Prime IPO has been very poor on the first day. IVR Prime IPO has received bids for only 13340 shares and there was not a single bid from FII’s, Mutual Funds, Banks and FI’s. However it is too early to come to any conclusions. Analysts beleive that the IVR Prime IPO is overpriced and it has not yet proved itself in the real estate industry.

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