Reliance Power issue price is fixed as Rs 450. How ever the Indian retail investors will get discount of rs.20 per share. I.E. Reliance Power issue price for Retail investors will be rs 430.
Reliance Power IPO was started on 15 january 2008 and closed on 18 january 2008.
Anil Ambani of ADAG said that the MIDCAP for Reliance Power IPO is touching $100 billion.
The Reliance Power IPO received record subscription of Rs 7,50,000 crore ($190 billion), which is largest ever subscription in an IPO in the history of the global capital markets.
Those who believe that Anil Ambani is not that capable compared to Dhirubhai Ambani or Mukesh ambani, need to rethink due to the success of Anil Ambani in this IPO case.
