Emaar MGF Land Ltd IPO is offered in india At US $ 16 , where as emaar is listed in UAE at US $ 3 ? why ?

Shirely asks:
Emaar MGF Land Ltd IPO is offered in india At US $ 16 , where as emaar is listed in UAE at US $ 3 ? why it is expenisve in india
where company has no track record ?
Emaar MGF Land Ltd IPO is offered in india At US $ 16 , where as emaar is listed in UAE at US $ 3 ? why it is expenisve in india
where company has no track record ?
Why SEBI is allowing un-necessary inflation in indian market ?
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IPO WITHDRAWN BY compny for detail pls clik on-economictimes.indiatimes.com/Markets/Bonds/Emaar_withdraws_IPO_blames_choppy_market/articleshow/2768490.cms