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Q.

What is the target price of reliance power ipo

Tags: target price of reliance power ipo
Asked by khaleelazam, 14 Jan '08 10:56 pm
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Answers (6)

1.

Reliance Power is entering the capital market on 15th January, 2008, with a public issue of 26 crore equity shares of Rs.10 each, in the band of Rs.405 to Rs.450 per share. Of this, 3.20 crore shares would be subscribed by the promoters, while net issue is of 22.80 crore equity shares.



If one wants to meticulously analyze this company, it would probably run over hundred pages, and none of our readers may have that much time and interest to read it!



The company has plans to develop 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW, with an estimated outlay of close to Rs.1,30,000 crores. However, right now, the company has crystallized plans for 6 projects, with a capacity of 7,060 MW with total outlay of Rs.31,789 crores, which is being financed with debt of Rs.22,836 crores and balance of Rs.8,953 by equity. The proposed issue, at the upper band of Rs.450 per share, would mobilize Rs.11,700 crores, of which, promoters are ...more
Answered by Vamsi krishna, 14 Jan '08 11:20 pm

 
  
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2.

Well it was a really high expectation case
Answered by anil garg, 14 Jun '11 02:39 pm

 
  
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3.

About 1000,
Answered by DEEPA SHAH, 15 Jan '08 10:23 am

 
  
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4.

Some arround 900
Answered by Ashish Goel, 15 Jan '08 01:27 am

 
  
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5.

Likely to list 800 (+ or - 8%)
Answered by ganesh r maknikar, 15 Jan '08 12:57 am

 
  
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6.

Only ADA can give this
Answered by desa ru, 14 Jan '08 11:08 pm

 
  
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