IPOs withdrawn

Emaar MGF has withdrawn its IPO and they will refund the ipo money in next 10-15 days. Even the extended date for the ipo could not help. The ipo has been withdrawn because of the poor response and the challenge for price appreciation post listing. Emaar MGF may consider the IPO at an appropriate time at a later stage.

Wokhardt Hospitals has withdrawn its IPO and investors money will be returned within 15 days. Even after extending the dates, the ipo has recieved poor response. The reasons for the failure of this ipo is higher valuation of the price band and poor market conditions.


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