Reliance Power IPO Listing

Tuesday, February 5, 2008

Reliance Power IPO Listing

Reliance Power IPO Listing on Feb 11.

Reliance Power is set to make its debut in the stock markets on February 11. The equity shares of the company will be listed on both the BSE and the NSE. The IPO was the largest to hit the Indian markets, where the issue was subscribed by about 70 times. The qualified institutional buyers portion was subscribed by 82.5 times; the non-institutional portion was subscribed by 159.6 times and the retail portion by 13.6 times. The issue got an aggregate commitment of over Rs 7,50,000 crore, as against the issue size of Rs 11,560 crore.

The allotment and refund exercise after the IPO closed was completed and the company now has about 42 lakh shareholders.

See also...

Reliance Power has 42 lakh shareholders

Reliance Power IPO Listing Price

Reliance Power IPO Allotment Status

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