Adani Power lists at Rs.108 on NSE, Rs.105 on BSE - Indian IPO Blog

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Thursday, August 20, 2009

Adani Power lists at Rs.108 on NSE, Rs.105 on BSE

Adani Power listed at Rs 108 on the NSE at a premium of 8% to its issue price of Rs 100 a share. On the BSE, the share opened at Rs 105, at a premium of 5% to its issue price

Adani Power IPO had closed for subscription on July 31, 2009 and was oversubscribed 21.64 times (Retail: 2.97 times). The issue price for the IPO was fixed at Rs.100/- per equity share, which was the upper end of the price band of Rs.90/- to Rs.100/- per equity share

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