Amit Bhawani @ 4:17 PM on February 17, 2008
Reliance Power Ltd plans to issue bonus shares to all equity holders other than the founders, hoping to cheer retail investors after the firm’s shares tumbled following a record $3 billion IPO. Its board is scheduled to meet on February 24 to consider issuing bonus shares and/or other measures which it said would effectively reduce [...]
Amit Bhawani @ 10:16 AM on January 19, 2008
The Most Hyped IPO of the Indian Stock Market History ie Reliance Power IPO finally closed yesterday with a over subscription of 73 times which clearly says that if you would have applied for the maximum applicable limit of 225 shares you can recieve normally only 3 full shares and get the balance excess funds [...]
Amit Bhawani @ 7:08 AM on January 15, 2008
According to the latest data available on the National Stock Exchange, the IPO got subscribed over 6.75 times till 11 am in the first day of its public issue. The issue received bids for over 153.86 crore shares as against 22.80 crore shares on offer. Most of the bids came at Rs 450, the [...]
