Grey Mkt Prices

Public Issues (IPO) Dt.: 17-2-2008

Company Name	Open Date	Close Date	Issue Size	Offer Price	Rating	Recomm.
SVEC Construction Ltd. (Book Building)	Withdrawn
GSS America Infotech (Book Building)	11-2-08	15-2-08	35 Lac Shares (Rs. 154 Cr.)	400 to 440	36 %	Avoid
V. Guard Ind. (Book Building)	18-2-08	21-2-08	80 Lac Shares (Rs. 68 Cr.)	80 to 85	42 %	Average
Rural Electrification Corp (Book Building)	19-2-08	22-2-08	156120000 Shares (Rs. 1639 Cr.)	90 to 105	48 %	Attractive
Globus Spirit Ltd. (Book Building)	Withdrawn

Latest Grey Market Premium Dt. 17-2-2008

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac.)
Rural Electrification	90 to 105	24 to 26	2100 to 2200
GSS America InfoTech	400 to 440	Discount	---
KNR Construction	170	Discount	--
On Mobile Global	440	20 to 25	--
Bang Overseas	207	7 to 10	--
Shri Ram EPC	300	Discount	--
IRB Infra	185	12 to 15	--
Manjushree Extrusion	45	5 to 7	--
Tulsi Extrusions	85	10 to 15	--
V. Guard Ind.	80 to 85	8 to 10	--

SVEC Construction Limited

IPO has been withdrawn after poor response from investors.