Wednesday, January 11, 2017

Shriram EPC : Available at 1/10 of its offer price

Shriram EPC came public 7 years ago at a price of Rs 300 a share. The IPO carried grade 3 awarded by CRISIL.

The offer was lead managed by Kotak Mahindra Capital Company, ICICI Securities and Motilal Oswal Investment Advisors. 

The stock is now trading around Rs 29. Down 90%.

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