✓
Open
15 Jan 2008
✓
Close
18 Jan 2008
3
Allotment
—
✓
Listing
Mon, Feb 11, 2008
Price Band
₹405 to ₹450
Issue Size
26,00,00,000 shares (agg. up to ₹11,544 Cr)
Lot Size
15 Shares
Listing Date
Mon, Feb 11, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 70.02x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Indowind Energy Ltd. | Mainboard | ₹74.14 Cr | ₹65 | null | ₹113.65 | +74.85% | ₹9.33 (-0.42%) |
| Suryachakra Power Corp.Ltd. | Mainboard | ₹68.00 Cr | ₹20 | null | ₹22.35 | +11.75% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Subsidiaries to part-finance the construction and development costs of certain of our projects. | 8,642.43 |
| 2 | General corporate purposes; and | 2,801.72 |
| 3 | Achieve benefits from listing of the Equity Shares | 119.05 |
About Reliance Power IPO
Reliance Power Limited (REPL), a Reliance Anil Dhirubhai Ambani (ADA) Group company is in the business of developing, constructing and operating power projects. The Reliance ADA group is one of the biggest business group in India involve in business like telecommunications (Reliance Communications), financial services (Reliance Capital), media and entertainment (Adlabs Films), infrastructure, energy (Reliance Energy REL, Reliance natural resources RNRL, Reliance Energy Transmission and Reliance Energy Trading) and other sectors.Reliance Power Limited is currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW across various geographic locations in India. First project of Reliance Power is expected to go onstream in 2009. Company intend to sell the power generated by these projects under a combination of long-term and short-term PPAs to state-owned and private distribution companies and industrial consumers. CRISIL IPO Grade:Reliance Power Limited IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average, in relation to other listed equity securities in I
Contact Details
Reliance Power Ltd. AddressH Block, First FloorDhirubhai Ambani KCNavi Mumbai, Maharashtra, 400710(91 22) 3038 6010reliancepower.ipo@relianceada.comVisit Website