A gentle reminder on current IPOs.....

A gentle reminder on current IPOs.....

1. REC Tax Free Bonds 

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Issue very much open & closes on 10/12/2012. Allotment on first come first serve basis.   Interest rates for retail investors - 7.88% for 15 years & 7.72% for 10 years. Retail investors can apply up to Rs.10 lacs. 11.40% post tax return for investors in the 30% tax bracket.

2. Credit Analysis and Research Limited (CARE Limited)

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Issue opens today & closes on 11/12/2012. Price band Rs.700/- to Rs.750/-. Minimum application 20 shares and in multiples of 20.

3. Bharti Infratel Limited - 11/12/2012 to 14/12/2012

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Price band Rs.210/- to Rs.240/-.  Rs.10/- discount for Retail applications.  Minimum application 50 shares and in multiples of 50.

Remember, a Demat account is compulsory for applying Equity IPOs.

Tax Free Bonds also can be subscribed in the Demat route (same Demat account).

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