Government should offer good discount to investors: Prime Database on divestment
The pick-up in the IPO market led by the Bharti Infratel’s offer is encouraging, says Prithvi Haldea, MD of Prime Database. He says that with the pick-up in the second market, retail investor interest may be strong as these IPOs hit the street. He, however, remains disappointed with the way the divestment program has been handled by the government and advises that the government look at offering a significant discount to retail investors as part of the divestment program.
