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Apply for Omaxe Developers IPO

July 20, 2007

We recommend investors with appetite for risk to apply. [Note this is not a Blind Apply as it was in case of MindTree, ICRA etc]

Rohtas, Goel, promoter of Omaxe Constructions and Developers Ltd made it to the richest real estate land barons in India.

Unfortunately, I don’t have the time to pen the complete review and I am uploading the docs from where I have studied and personally applying. SELL some on allotment.

Share Khan Review of Omaxe Developers Ltd
HDFC Securities Review of Omaxe Ltd.

Retail portion is of Rs 180 crore and is likely to be oversubscribed 14+ times.

Grey Market premium as on today is Rs 50 and may vary according to market fluctuations and BSE Real Estate Stock Index.

HDIL IPO Status:
The status of application for Housing Development and Infrastructure Ltd IPO can be checked here.

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