HomeNewsTrendsExpert ColumnsTD Power IPO aggressively priced: VS Fernando

TD Power IPO aggressively priced: VS Fernando

Having tapped the market during the 1995 unprecedented primary market boom at 100% premium, Chartered Capital threw its dividend promises of 20% in very first year and 60% in fourth year into the wind. BSE records show that the company has not paid any dividend for the past thirteen years!

By VS Fernando, IPO Analyst

TD Power is aggressively priced when the market is in the dumps. Will the pricing safeguard investors

first published: Aug 24, 2011 10:00 am

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TD Power IPO aggressively priced: VS Fernando

Having tapped the market during the 1995 unprecedented primary market boom at 100% premium, Chartered Capital threw its dividend promises of 20% in very first year and 60% in fourth year into the wind. BSE records show that the company has not paid any dividend for the past thirteen years!

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