Cairn india Ltd is an unlisted company which is about to be listed in december. it inludes the process of oil & natural gas .
2006-12-04 21:47:19 · 3 answers · asked by malpani_adi 1 in Business & Finance ➔ Investing
I dont know, but Merill Lynch the big merchant bankers, have taken a 10 percent stake in the company. Going by the name cairn india, it looks as though there is original cairn company too.
But my point is that if you take any stock in an IPO, it will do good, and rise much above the offered price. It is always a win-win situtation, and in the case of cairn india it should do well, because of the first reason. (I assume)
2006-12-04 22:03:58 · answer #1 · answered by Oye chak de phatte!! 5 · 1⤊ 0⤋
yes it is good to invest in cairn india ltd
2006-12-05 08:05:29 · answer #2 · answered by Ramprasad 2 · 1⤊ 0⤋
yes, in my view you can get more than 50% from it's ipo it self.
2006-12-07 22:53:44 · answer #3 · answered by Anonymous · 1⤊ 0⤋