Analysis and Insights into the world of IPOs and investing in India

Thursday, January 3, 2008

Reliance Power Limited IPO offers two payment options to Retail and Non-Institutional Investors

Price band of Reliance Power IPO has been fixed to Rs. 405/- to Rs. 450/- Per Equity Share. Retail and Non-Institutional Investors can also opt for Partial Payment option, which is an added benefit as only Rs.115/- per share is to be paid at the time of application. However, this option is not available to Qualified Institutional Bidders (QIBs).

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