(Fixes date)

* Tepid listings hurting; pricing needs to be trimmed

* Property firms seen most vulnerable

* 30-plus firms planning India or Hong Kong listings this yr (For more Reuters DEALTALKS, click [DEALTALK/])

By Narayanan Somasundaram and Prashant Mehra

HONG KONG/MUMBAI, Nov 5 (Reuters) - An ache has hit the belly of investors who feasted on initial public offerings in Asia, in a sign the primary equity window that saw a big revival two quarters ago is begining to quickly shut.

The indigestion is becoming a familiar trend across India, China and Australia, making a case for firms forming a long IPO pipeline to trim their high price expectations.

More than 30 companies plan to list in either the Hong Kong and Indian markets over the next few months. [ID:nHKG176043] [ID:nBOM492635].

The Hong Kong list includes big names such as Rusal, Las Vegas Sands (LVS.N: Quote, Profile, Research) and China Minsheng Banking Corp (600016.SS: Quote, Profile, Research), and a clutch of property firms. Reliance Infratel, a unit of Reliance Communications (RLCM.BO: Quote, Profile, Research), and Vedanta's (VED.L: Quote, Profile, Research) Sterlite Energy are among big Indian offers planned.