1. Two IPOs are hitting Indian stock market this week and one is already in open market and details is listed below for information purposes.
(a) Austral Coke & Projects Ltd which has been priced between Rs164-196 and is open from 07-08-08 and 13-08-08.
(b) Resurgere Mines & Minerals India which has been priced between Rs 263-272 and is open from 11-08-08 to 13-08-08.
2. Both IPO can be considered as Normal IPO and do not merit investment.
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