mcJj, 28 pv 2004

  hlkj JYil `uv'IUu Dcb$C!
  pilkkjC v JCkjb Dlcnl
  MiL
  DYmJi&
  u#cǮ hTu
  y@bkbJ< mJ& kn
  knC mSm hyuk FMӮ!
  mkwjPMv klu ljlo
  JJmlu MhM
  kkCl hkCj [@uj?
  Jhj Jj
  cb[ J=
  ypjiHH

 
@mhkwm

pJn kbhv kKu vWoC Puu SK mJ&pvk c&ol (hyuk uc[) mbmLhvu vJv Yi (MDm&), kp&jK ([yWm&) ypjl Jku k{ Dmll, lJn l mbmLhv Yi J kjCm Sk J Dvk ouub vcCk kjl. l ouu l mbmLhvu Yi JkC nc oll. DM ouubv Db[jjj Dm cnu pl. pj lb DvcvcC ukbv Yi Jkl Ilu vnl, lj l Yi l Db[jjjv mJl: Jkl IJ uill. DL&l Db[jjjv Db[jjEi kjCm ouu J uil. Db[jjjv kl ojv ouu J yyl myv vc ku Dnl. Db[jjj vcCkcU Yi JkCN mbmLhvu Yi Jku plu nc cUl lj Db[jjjv ouu cUl.
Yi J jK JǮ JU l mbmLhv J l Db[jjj @mhkwmd Jljl kjll. @mhkwmd Jljl kjC n k ijp Dml. DM @mhkwmdcO k k DmJ, lJj kC mn DmJ, l Yi Jku ChJa kl oJm DO m ku iu hnp yyl myǮ D, vc Dnl. Dm @mhkwmd Jljl kjChJa myk[v mbcl kv IJ uil. @mhkwmdcOu cpkj cnJ Dm k pj lu cpkj kǮ vIu J kCln kjCcU llu cnl DhC& Dmu lj l ci lj IJ uil DC Yi J LbyJJ uil EkJ llu cpkjJj DJubyv p kC Yi Ilu Dmlu, lbk[v l Yi hjl Jkl ITv lbv lb hC& jkwkc hjl kjC pyyoj mbmLhvJj l. @mhkwmd Jljl kjCm myǮ mbcl Dn DL& Dm vml k llu cpkj箳 ml Dmllyyl EkJ ll oM&Juu vHw箳 Dbopyyl my K$ ol Dml.
@mhkwmd lj kjC, myk[v mbcl kv IC, DJMk lJ{ mbKl shC, oMYj Jljl kjC, Yi Jm pnjl kjC m c cCJj K& nCj Dml DC n K& kvm Yi J jK Jku plu K$ vml. kjCcU Dvk mbmLhv j[ nEji @mhkwmd Jljl kjll.
j[ nEji @mhkwm (Red Herring Prospectus)
vJv Jm k{J Yi J kp&jK yyl Yi ypjl iblJCk kjCNb ku km Dn n DO pCv ICm Yi J kp&jK Jk FƮsCj mbmLhv J l箳 Jlv DOk=l Db[jjj p @mhkwmd Jljl kjll lu j[ nEji @mhkwmd Dm cnCll. DM @mhkwmdcO myv vO&jl kuu cpkj lj Dml hC l箳 hnu hv箳 Jj ypu uu Uk D#jl n @mhkwmd DhC& Dmv Yi J kp&jK Jku ChJa lu cnl youC Mkwl Dn DM DL& cpkj shuu Dml.
v M D@hMv (Green Shoe Option)
kCln Yi J kp&jK Jku k{lv lb mbK, l箳 lk Yi J Ekcl vƽl kuu Dml, p kclu FM F&m Dm cnu pl. Yi Jvblj pJn l Yi Lc Jm ll, cnCp pJn l Yib uEmi nl, lJn p Ekcl Yiypjl, ciC hjJJv, jl lu uEmi F&m Dm cnCll. Yib Yiypjl J m PuJj pj ypjl ciC pml Dmu DC GhuyO Yi kc Dmlu Yib Yiypjlu kcll Kh DC mjK {Glj nC Mkwl Dml, pcU YiOjkb vkmv nC Mkwl Dml. n vkmv nT v cnCv kbhvǮ mbuk DO jJuh# kn pml Yi JkC nkwk Dhuk[ Jv Ill. DM nkwku v M D@hMv Dm cnCll. v M D@hMvvmj Db[jjj pmlǮ Yi Jkl ITv Yi ypjl Jk Mkll. pcU Yib hjJ J{l DC Yib kcllu {Glj kn cCl lj kc kjl ll.
hC v M D@hMv DOj ITv Yi JkCN mbmLhvu Dhu DOk=l Yb[Juh# pml Yb[Ju pc kjl l vn. v M D@hMv iuyu [h@Pjp DC Dcjkv [h@Pj jmmd mboY&l Lc Jhju iu.
arunkelkar@rediffmail.com