Indian IPO Grey market Prices on 05-09-2007

Grey Market Premiums for the Indian IPO’s on 05-09-2007 as per market sources

Company Name                                               Offer Price (Rs.)                                Premium (Rs.)

Power Grid Corporation IPO                         44 to 52                                              10 to 12

Dhanush Technologies IPO                            280 to 295                                         155 to 160

Allied Computer IPO                                         12                                                        2.0 to 2.50

Kaveri Seeds IPO                                                 150 to 170                                          18 to 20

Motilal Oswal IPO                                               825                                                      95 to 100

Indowind Energy IPO                                        55 to 65                                              2 to 4

Magnum Ventures IPO                                      27 to 30                                             1.5 to 2

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