Samruddhi Realty IPO: Spending Rs 60 Lk to raise Rs 2.6 cr!
Considering Samruddhi Realty's age (10 years) and promoters' experience (19 years), a premium of Rs 2 may be too small. But, making a tiny IPO and spending nearly a fourth on issue-related expenses questions the motive, says VS Fernando.
March 28, 2013 / 19:54 IST
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