IPO Performance - 2004 to 2007

Scrip, Offer Price, Current Price, Listing Date, Total Gain, Annualized gain

INDIABULLS FINANCIAL SERVICES 19.00 981.15 Sep 24, 2004 5,063.95 1,550.62
IND. INFOLINE 76.00 1,773.70 May 17, 2005 2,233.82 851.98
BHARATI SHIPYARD 66.00 729.10 Dec 30, 2004 1,004.70 334.90
TULIP IT SERVICES 120.00 1,101.20 Jan 5, 2006 817.67 412.22
PROVOGUE (I) LTD 150.00 1,282.35 Jul 7, 2005 754.90 304.13
PETRONET LNG 15.00 105.30 Mar 26, 2004 602.00 159.92
UTV SOFTWARE 130.00 903.25 Mar 17, 2005 594.81 213.27
NDTV 70.00 459.85 May 19, 2004 556.93 154.00
IDFC 34.00 222.85 Aug 12, 2005 555.44 233.03
GMR INFRA 42.00 249.15 Aug 21, 2006 493.21 362.95
YES BANK LIMITED 45.00 249.60 Jul 12, 2005 454.67 184.19
ABG SHIPYARD 185.00 998.85 Dec 13, 2005 439.92 214.95
ICICI BANK 280.00 1,227.10 Apr 22, 2004 338.25 91.66
INFO EDGE 320.00 1,334.65 Nov 21, 2006 317.08 286.47
GLOBAL BROADCAST 250.00 1,037.85 Feb 8, 2007 315.14 353.93
PUNJ LLOYD 140.00 561.50 Jan 6, 2006 301.07 151.99
ENTERTAINMENT NETWORK 162.00 633.05 Feb 15, 2006 290.77 155.39
NTPC 62.00 241.40 Nov 11, 2004 289.35 92.32
SUZLON 510.00 1,902.35 Oct 19, 2005 273.01 124.25
GUJ. STATE PETRONET 27.00 97.40 Feb 16, 2006 260.74 139.55
VISHAL RETAIL 270.00 946.55 May 4, 2007 250.57 381.08
BANK OF MAHARASHTRA 23.00 78.05 Apr 12, 2004 239.35 64.38
TECH MAHINDRA 365.00 1,141.25 Aug 28, 2006 212.67 158.74
POWER FIN CORP 85.00 262.25 Feb 23, 2007 208.53 245.53
ICRA LTD 330.00 999.95 Apr 13, 2007 203.02 283.91
GAIL 175.80 530.65 Mar 25, 2004 201.85 53.58
RELIGARE ENTERPRISES 185.00 552.15 Nov 21, 2007 198.46 1,857.38
JAGRAN PRAKSHAN 267.00 775.55 Feb 22, 2006 190.47 102.84
3I INFOTECH LTD 50.00 141.95 Apr 22, 2005 183.90 68.35
MUNDRA PORT & SEZ 440.00 1,245.50 Nov 27, 2007 183.07 2,024.85
TANLA SOLUTIONS 265.00 736.95 Jan 5, 2007 178.09 181.07
POWER GRID CORP. 52.00 142.90 Oct 5, 2007 174.81 741.92
GVK POWER & INFRA 310.00 801.10 Feb 27, 2006 158.42 86.17
ONGC 475.00 1,226.75 Apr 8, 2004 158.26 42.44
TCS 425.00 1,080.05 Aug 25, 2004 154.13 46.04
MAYTAS INFRA 370.00 883.35 Oct 25, 2007 138.74 767.29
SHOPPERS STOP 238.00 553.10 May 23, 2005 132.39 50.81
SHRINGAR CINEMA 53.00 122.40 Apr 29, 2005 130.94 49.02
GATEWAY DISTRIPARKS 72.00 162.50 Mar 31, 2005 125.69 45.70
KOUTONS RETAIL 415.00 924.00 Oct 12, 2007 122.65 566.68
AKRUTI CITY 540.00 1,162.90 Feb 7, 2007 115.35 129.15
MOTILAL OSWAL 825.00 1,761.80 Sep 11, 2007 113.55 376.78
ILFS INVESTSMART 125.00 266.50 Jul 27, 2005 113.20 46.63
HOUSING DEV. INFRA 500.00 1,044.75 Jul 24, 2007 108.95 250.11
DLF LIMITED 525.00 1,063.70 Jul 5, 2007 102.61 210.41
BANK OF BARODA 230.00 456.70 Feb 6, 2006 98.57 51.99
DECCAN AVIATION 148.00 280.90 Jun 12, 2006 89.80 57.91
OMAXE LTD 310.00 573.30 Aug 9, 2007 84.94 216.79
EDELWEISS CAPITAL 825.00 1,521.20 Dec 12, 2007 84.39 1,711.20
BIOCON LIMITED 315.00 577.60 Apr 7, 2004 83.37 22.34
INOX LEISURE 120.00 216.95 Feb 23, 2006 80.79 43.69
IDEA CELLULAR 75.00 131.60 Feb 9, 2007 75.47 85.02
PNB 390.00 671.25 Mar 27, 2005 72.12 26.11
PIRAMYD RETAIL 140.00 233.20 Dec 6, 2005 66.57 32.23
MAHINDRA FINANCE 200.00 317.45 Mar 17, 2006 58.73 32.82
CAIRN INDIA 160.00 246.90 Jan 9, 2007 54.31 55.84
BINANI CEMENT 75.00 114.65 May 28, 2007 52.87 89.33
PARSVNATH DEV 300.00 457.45 Nov 30, 2006 52.48 48.50
PVR LIMITED 225.00 325.70 Jan 4, 2006 44.76 22.53
PATNI COMPUTERS 230.00 330.65 Feb 25, 2004 43.76 11.38
ALLAHABAD BANK 82.00 117.25 Apr 28, 2005 42.99 16.08
SPICE COMMU 46.00 62.00 Jul 19, 2007 34.78 77.41
ALLCARGO GLOBAL LOG 675.00 893.25 Jun 23, 2006 32.33 21.26
CENTRAL BANK 102.00 134.65 Aug 21, 2007 32.01 89.19
JYOTHY LABS 690.00 854.55 Dec 19, 2007 23.85 791.31
INDOCO REMEDIES 245.00 302.25 Jan 14, 2005 23.37 7.90
ANDHRA BANK 90.00 105.50 Feb 7, 2006 17.22 9.10
MINDTREE CONS 425.00 494.75 Feb 7, 2007 16.41 18.38
FIRSTSOURCE SOLN 64.00 73.70 Feb 22, 2007 15.16 17.79
CINEMAX INDIA 155.00 170.60 Feb 14, 2007 10.06 11.52
MUDRA LIFESTYLE 90.00 98.65 Feb 9, 2007 9.61 10.83
PURAVANKARA 400.00 429.00 Aug 30, 2007 7.25 21.69
PRITHVI INFO 270.00 288.05 Nov 16, 2005 6.69 3.15
FORTIS HEALTHCARE 108.00 104.50 May 9, 2007 -3.24 -5.03
ROYAL ORCHID HOTELS 165.00 154.60 Feb 6, 2006 -6.30 -3.32
SUN TV LTD 437.50 406.80 Apr 24, 2006 -7.02 -4.16
JET AIRWAYS 1,100.00 987.65 Mar 14, 2005 -10.21 -3.65
IVR PRIME 550.00 452.20 Aug 16, 2007 -17.78 -47.72
HOUSE OF PEARL 550.00 280.90 Feb 15, 2007 -48.93 -56.16