Volatility and uncertainty in the secondary markets has forced some initial public offers to revise their price bands, less liquidity in the market is one of the prime reason for this. Recently the mega-IPO of Emaar MGF, has reduced the price band by 9-11 per cent, from Rs 610 to Rs 690 a share to Rs 540 to Rs 630 a share.

Wockhardt Hospitals also announced that the company would revise the price band for its IPO to Rs 225 to Rs 260 a share against Rs 280 to Rs 310 a share, but since it had not notify the sebi about this the ipo did not start as scheduled and now the new start date fixed is February 1 and it will close on February 5.

Due to the recent share market crash ipos are finding hard to attract new investors as the investors are playing safe and waiting for the market to stabilize and only after that we may see start of fresh round of investments from retail or small investors.