Retail Market for Securities in India 2007

Mint, July 17, 2007 Page 11

India has 321 million paid workers - IIMS Dataworks Study.(www.iimsdataworks.com)

Only 5.85 million of these have demat accounts.

Fewer than 2,00,000 (200,000) people participated in more than 5 IPO isses over the past three years.