tag:blogger.com,1999:blog-20998197.post2606756378007170524..comments2023-09-13T16:09:12.127+05:30Comments on Abhishek's: IPO - The Dutch Way?Anonymoushttp://www.blogger.com/profile/12947565346209543311noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-20998197.post-53359174994589165012008-10-07T15:47:00.000+05:302008-10-07T15:47:00.000+05:30Proving such things in court is almost impossible ...Proving such things in court is almost impossible unless a conspiracy is established to deliberately under price the issue through email records etc. but it is highly unlikely. <BR/><BR/>Since pricing is a very "art" kind of process and future projections are always subjective. So any pre-thought value can be easily reached. Its only after the issue opens in the exchange that real discovery can happen.<BR/><BR/>This is more like a "preventable" rather than "curable" disease. The compensation to underwriters should be linked to accurate pricing. Also using Dutch auction kind of methods can protect Govt kind of majority shareholder where chances of value robbery are high.Anonymoushttps://www.blogger.com/profile/12947565346209543311noreply@blogger.comtag:blogger.com,1999:blog-20998197.post-76020811650805544682008-10-07T12:50:00.000+05:302008-10-07T12:50:00.000+05:30How to prove that the underpricing was avoidable a...How to prove that the underpricing was avoidable and the company could have done better? I am an auditor of the company and would like to have your advice on this.Anonymousnoreply@blogger.com