Thursday, January 10, 2008

Reliance Power Limited (RPL) IPO


Reliance Power Limited (RPL), a Reliance Anil Dhirubhai Ambani (ADA) Group company is in the business of developing, constructing and operating power projects. The Reliance ADAG 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 (RPL) 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 RPL 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.

Reliance Power Limited IPO Information :
»» Public Issue Open : January 15, 2008 to January 18, 2008
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 260,000,000 Equity Shares of Rs. 10/- each (228,000,000 for public)
»» Public Issue Price: Rs. 405/- to Rs. 450/- Per Equity Share
»» Retail Discount: Rs. 20/- Per Equity Share (Only for Retail Individual Bidders)
»» Payment Methods:
1. Partial payment option - Rs. 115/- Per Equity Share at the time of bidding
2. Full payment option - Rs. 405/- to Rs. 450/- Per Equity Share
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing At: BSE, NSE
»» Lead Manager(s): Kotak, UBS, ABN AMRO, Deutsche, Enam, ICICI Securities, JM Financial and J.P. Morgan. »» Registrar : Karvy Computershare Pvt Ltd (Ph: 040 2342 0815/ 0816 Email: reliancepower.ipo@karvy.com)

Current Grey Market Price And Kostak Price :400 - 410 9000 - 9200

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