Wockhardt Hospitals IPO withdrawn

Thebullishtrends: The poor market conditions pushed the Wockhardt Hosp to withdrawn their IPO. Even the issue date extended it has failed to get the Investors favour. Wockhardt Hosp said it will return back the subscription money within 15 days. The issue opened almost 8days investors who applied 8 days back they have to lost 23 days time of interest in this issue. It is clearly indicating the that the management of Wockhardt Hosp how they are playing with Investor money. The main reason for this failure of this issue are the higher valuations of the price band, and poor market conditions.