Ipos most valued now

Ipo Valuations at high levels :

The bull run in the market is fuelling the greedy promoters and BRLMs to make quick bucks on the market.

some of Ipos are much overvalued :

1. Prestige Estates - Can be avoided - much overpriced - they should have priced below 100 to make it good for investors .

2. Orient Green Power- Too overvalued ---- ideal price for entry- Below Rs 35 , one may see that price very soon

3. Ramky infra - too priced on higher side - better enter below 400 Rs

None of ipos are cheap now , so be careful in investing ..

More regular news shortly .