Issue Size: 228,000,000 Shares for public
QIB (60%) : 136,800,000 shares
HNI (10%) : 22,800,000 shares
Retail (30%): 68,400,000 shares

IPO Opening Date: Tuesday, January 15, 2008

IPO Closing Date: Friday, January 18, 2008

Price Band*:
Upper: Rs.450/- per equity share
Lower: Rs.405/- per equity share

Bid Lot: 15 Shares

Payment Methods:
1. Partial Payment Method: Rs. 115/- Per Equity Share at the time of bidding
2. Full Payment Method: Rs. 405/- to Rs. 450/- Per Equity Share

Registrar: Karvy Computershare Pvt. Ltd.

* There is a discount of Rs. 20/- Per Equity Share only for Retail Individual Bidders

Click here for all posts on Reliance Power Ltd. IPO

>> Reliance Power Limited IPO to feature discount for Retail Investors
>> Reliance Power Limited IPO offers two payment options to Retail and HNI Category
>> Reliance Power Limited IPO Issue Size
>> SEBI gives final approval to Reliance Power IPO
>> Reliance Power Ltd. IPO price band
>> Reliance Power Limited IPO opens on January 15, 2008
>> CRISIL Rating for Reliance Power IPO
>> About Reliance Power Limited

Retail Individual Investors will get a discount of approx. 5% of the issue price as Reliance Power has decided to offer a discount of Rs 20 per share to the retail investors. This may be done to enable large participation by retail investors. Reliance Power IPO is speculated to be the largest IPO in Indian Stock Market history.

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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The issue size of Reliance Power Limited IPO will be 26,00,00,000 Equity Shares of Rs. 10/- each. (228,000,000 for public) Issue will open for subscription of January 15, 2008 and close for subscription on January 18, 2008. Price band of the 100% Book Built Offer has been fixed to Rs. 405/- to Rs. 450/- Per Equity Share.

Click here for more info on Reliance Power Limited IPO

It is confirmed now. Reliance Power Ltd. IPO will open on Tuesday, January 15, 2008. The issue is open till Friday, January 18, 2008. Reliance Power will raise approximately between Rs.10,500 to Rs.11,500 crores through this IPO. Detailed information of Reliance Power Ltd. IPO is given below:

Reliance Power Ltd. IPO Information:
Issue Opens on : Tuesday, January 15, 2008
Issue Closes on : Friday, January 18, 2008
Issue Type : 100% Book Built Issue (IPO)
Price Band: Rs.405/- to Rs.450/- per equity share
Registrar : Karvy Computershare Pvt Ltd

Reliance Power Ltd. IPO Bidding Status:
The issue is open between January 15, 2008 to January 18, 2008.
The day-to-day bidding status will be posted on this blog.
Check back here frequently for updates

Reliance Power Ltd. IPO Allotment Status:
Reliance Power Ltd. IPO Allotment Status will be out within about 10-15 days after the IPO is closed. Check back here frequently for updates

Reliance Power Ltd. IPO Basis of Allotment:
Reliance Power Ltd. IPO Basis of Allotment will be posted here as soon as it is available.
Check back here frequently for updates

The price band for the upcoming mega IPO of Reliance Power is between Rs.405/- to Rs.450/- per share. Accordingly the bid lot for the same is most likely to be 15 shares and in multiples thereof.