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MVEL's 5th attempt unattractive due to poor fundamentals

South based media & entertainment company Midvalley Entertainment's (MVEL) initial public offering (IPO) has opened for subscription today. CNBC-TV18’s Managing Editor Udayan Mukherjee says that such small cap IPO investing is out of vogue now and doesn’t see people making money.

January 10, 2011 / 10:47 IST
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South based media & entertainment company Midvalley Entertainment's (MVEL) initial public offering (IPO) has opened for subscription today.A price band for Rs 60 crore IPO is set at Rs 64-70/share.


CNBC-TV18
TAGS: #IPO - Issues Open #Midvalley Entertainment #MVEL #Udayan Mukherjee
first published: Jan 10, 2011 09:44 am

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