Reliance Power a part of Reliance Energy – Anil Dhirubhai Ambani Group is going to lauch their public offering on January 15th and this IPO is going to be the biggest offering in the Indian Stock Market History.
The Retail investors would be offered a discount of 20Rs and the normal price band is announced at 405-450Rs/Share with a Face value of 10Rs/Share. A Total of 260 million shares were filed with regulators with retail investors needed to pay just 25% of the premium band value of the stocks and institutional investors to pay 10% of the price band. Reliance power has recently recieved the 4,000-MW Krishnapatnam power project with the lowest bids for a tariff of Rs2.33 per unit. A Total of 24000Mega Watt power projects are being planned by reliance power over the coming years.
Anil Ambani Speaks on Reliance Power Project Profits and Returns : Shares Control - Indian Stock Market Experts @ 9:18 pm
[...] crore indian rupees , out of which around 8000 crore funds would be brought in via the upcoming reliance power ipo and the balance funds which sum upto 23000Crore Indian rupees would be gathered from various [...]
Satyajit Roy @ 5:40 am
Dear sir,
Please tell me how to buy the shares of reliance power.
I am totally new to this share market,please tell what are the procedures followed to get the shares?
How can I buy the shares & from where?Elaborate briefly..
Thanks
admin @ 5:44 am
Satyajit Roy we have already posted all the information on this here – http://www.sharescontrol.com/reliance-power-ipo-payment-requirements-insider-info/
Hope it helps you out.
Hemant Kumar Pati @ 9:51 am
Sir, This very powerful IPO of these day and whole country expecting lot from Reliance Group.
admin @ 12:45 pm
Hemant Kumar you are right, lets wait and watch how many times will this RPower IPO Over subscribe.
Reliance Power IPO Complete Report : Payment Projects Risks Plans Analysis : Shares Control - Indian Stock Market Experts @ 1:32 pm
[...] Reliance Power largest public offering on Jan 15 2008 [...]
HARDIK @ 6:06 am
THANK U VERY MUCH