HDFC Bank shares were given at 40/share. My dad owns the shares since IPO. He had invested 1000 bucks last I checked it was worth 7 lakhs or so compounding at 25-30% CAGR
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And Infosys IPO had devolved in 93. The Merchant Bankers & some others had to bail it out. The returns since then hv been mind boggling to say the least. And it was a windfall gain for those who bailed out the IPO.
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True. Btw we had a City Union Bank do an IPO around 1997. IPO went hardly noticed. 100x in 20 yrs
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Čini se da učitavanje traje već neko vrijeme.
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