Reliance Power IPO Over subscribed 69 times
The Rs 11,700 crore initial public offering (IPO) of Reliance Power, which closed today, has been subscribed 69 times with the retail investor segment subscribed 15 times.
The IPO has generated demand for Rs 7,00,000 crore - a new record as per data available till 5 p.m.
The previous highest demand was for the Mundra Port SEZ issue at Rs 2,03,708 crore.
The qualified institutional bidders (QIB) segment was subscribed over 80 times and high net worth investors portion 22 times.
