Indiabulls Power IPO opens for subscription from today - Indian IPO Blog

Monday, October 12, 2009

Indiabulls Power IPO opens for subscription from today

Indiabulls Power Limited, a subsidiary of Indiabulls Real Estate Ltd., is a power project development company. Company develops and intends to operate and maintain power projects in India. Indiabulls Power Ltd has five thermal power projects under development, which will have a combined installed capacity of 6,615 MW

The IPO of Indiabulls Power Ltd. opens for subscription from today, i.e. Monday, October 12, 2009 and will remain open for subscription till Thursday, October 15, 2009. The IPO consists of 339,800,000 Equity Shares, each having a Face Value of Rs.10/- each. The Equity Shares are offered in a price band of Rs.40/- to Rs.45/- per equity share and a bid lot or minimum order quantity of 150 Equity Shares and in multiples thereof. Indiabulls Power IPO has been assigned IPO Grade 3/5 by credit rating agency CRISIL.

Stay tuned to Indian IPO Blog for subscription status at the end of Day 1 of the IPO and day-to-day bidding status and latest updates on Indiabulls Power Ltd. IPO

More posts on Indiabulls Power IPO:
> Indiabulls Power IPO Details
> Indiabulls Power IPO Bid Lot and Price Band
> Indiabulls Power IPO gets CRISIL IPO Grade 3/5

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