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Vishal Retail IPO better than DLF IPO?

Date June 12, 2007

Vishal Retail IPO seems to be more attractive than the DLF IPO. Atleast that’s what the gujarat and ahmedabad grey markets indicate. The Grey market premium as a percentage of cap price of IPO is higher for vishal retail IPO compared to that of DLF IPO. Most investors would be happy to apply for Vishal Retail IPO which has reasonable valuation compared to the still valuation that DLF has. Lets wait and watch how both these IPO’s fare.

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