1. the money of large number of depositors lies unclaimed,yes -but why will the minority shareholder benefit?

  2. of course he DOES. the cost of funds do come down. In most psu issues I think the original shareholder has not done too badly. NHPC of course is an exception. I guess if u had been allotted the minimum in ALL PSU IPOs you would have beaten the Sensex.

    However, the good ones like sbi, coal india, ntpc have given good returns – but some have lost wealth. Not sure how the psu index looks – assuming IPO buying.

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