Reliance Power IPO Allotment status & Chances
Posted Oct.02, 2007 in Indian Stock Market, Ipo, Power
Reliance Power IPO Response was huge among retail investors.
Consider yourself lucky if you get any shares in this allotment. The chances of getting reliance power ipo share is going to be bad.
Status and Listing information
The IPO Allotment Status will be updated here as soon as its available from registrar. Bookmark the site and visit again for Updates. Allocation of shares in demat account will be done in Feb 2008.
Listing date is expected to be in FEB 2008.
The total value of Reliance Power IPO, according to market expectations, would be more as the proceeds would be used to fund a total of 12 power projects with a total installed capacity of 24,200 MW, generating speculation that it could be even bigger than the largest IPO in the country. The investment envisaged for the projects is nearly Rs 1 lakh crore.