The much awaited Anil Ambani Group firm Reliance Power IPO will be list the shares on the Bombay Stock Exchange and National Stock Exchange on February 11. Qualified Institutional Buyers was oversubscribed - 82.5 times. Non Institutional Investors was oversubscribed -159 times. Retail investors was oversubscribed -13.6 times.
This IPO has raised Rs 11,560 crore (Rs 115.6 billion), and it is the largest IPO on the Indian capital market,the number of shareholders involved in this IPO is about 42 lakhs. ADAG's power IPO has receieved over 5million bids from all the categories, and the demand of shares worth over Rs. 7.5 trillion.
Here are the excerpts of some big numbers involved in this IPO,
Let's hope that this IPO will do some magic in the Indian Stock Market.
Monday, February 4, 2008
Reliance Power IPO - Numbers are really big
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3 comments:
Hi shakti,
A very interesting blog you have.very good.
Do you have the book which you had suggested in books to read -4
"The Polyester Prince: The Rise of Dhirubhai Ambani by Hamish McDonald"
If you do have a copy pls mail me at sjkingsley@gmail.com
Thanks for sharing pal.
Hi John,
Thanks for your visit. I've only one copy of this book.
I've searched in amazon for you, but unfortunately they too don't have a stock of this book. Next time, when I go for book purchase, I'll definitely search this book for you.
John,
Sorry... I've got this book longtime back from my uncle, but after searching in the web for its availability only I came to know that the book was banned in India because of controversy it created.
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