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From: rocky on 31 Mar 2008 03:11
Investors have lost about quarter of the amount increased by 18 IPOs
this calendar year as 13 of them are trading below their issue prices,
a top Finance Ministry official said on Saturday. Out of the 18 IPOs
launched in 2008, 13 were trading at a discount last week implying
losses to investor of about a quarter of the total IPO amount.
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