Reliance Power - Biggest IPO in India Share Market

The much awaited Reliance Power IPO is open to apply from today January 15 2008 to January 18 2008 subscription prices range from Rs.405-450 per share. The Reliance Power IPO tipped is the country's largest IPO (Initial Public Offer) ever. Reliance Power IPO plans to raise about Rs.11,700 Crore with a net issue of 22.8 share offers to the public.

The Reliance Power IPO issue size of 26 crore shares that includes the promoters contribution of 3.2 Crore shares. An offer to the retails investors to get a discount of Rs.20 per share, while they bid of Rs.450 per share and gets the subscription discount as Rs.430 per share

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