Table of Contents
What was the IPO price of Reliance Power?
₹450 per share
Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox (₹20/trade) Espresso (Sharekhan) (₹20) Paytm Money (₹10/trade) More Brokers……Reliance Power IPO Listing Date.
| Listing Date | Monday, February 11, 2008 |
|---|---|
| IPO Price | ₹450 per share |
| Face Value | ₹10 per share |
What was the highest price of Reliance Power share?
Reliance Power Historical Data
| Date | Open () | High () |
|---|---|---|
| 11-Apr-2022 | 16 | 16.40 |
| 12-Apr-2022 | 15.70 | 15.90 |
| 13-Apr-2022 | 15.40 | 15.50 |
Is Reliance Power a penny stock?
[2021], we had mentioned Reliance Power as one of the best Penny stocks to buy when it was trading around Rs 5.
When was Reliance Power share launched?
The issue was sold out within the first minute of its opening on January 15, 2008, a record for a mega offering of Rs 11,563 crore. The IPO had received a record over 50 lakh bids worth Rs 7.5 lakh crore, and the issue got subscribed by more than 72 times. The stock made its debut on the bourses on February 11, 2008.
What was Reliance share price in 2008?
774
Reliance share price 1995 to 2022
| Year | share price |
|---|---|
| 2008 | 774 |
| 2009 | 343 |
| 2010 | 576 |
| 2011 | 538 |
Why did Reliance Power IPO fail?
The IPO failed to attract enough non-institutional and retail individual investors. Thanks to qualified institutional investors, the issue got subscribed 1.14 times. The company made its debut with the stock listing at a 12% discount to the issue price of Rs 160 and eventually closing 14% down at Rs 137.50.
Which is the largest IPO in India?
Life Insurance Corporation (LIC) of India has filed its draft red herring prospectus on February 13. This will be the biggest Indian IPO ever; an issue size that could range from Rs 53,500 crore to Rs 93,625 crore.
Is Reliance share good to buy?
CLSA said Reliance Industries is at a ‘good entry point’, while upgrading its ratings on the stock to ‘buy’ from ‘outperform’ and raising its price target to ₹2,955 from ₹2,850. RIL shares rose 2.2% to close at ₹2,386.35 on Monday.
Who runs Reliance Power now?
Reliance Power
| Type | Public |
|---|---|
| Key people | Anil Ambani (Chairman) Raja Gopal Krotthapalli (CEO) |
| Products | Electrical power Natural gas |
| Services | Electricity generation and distribution natural gas exploration, production, transportation and distribution |
| Revenue | ₹8,419.88 crore (US$1.1 billion) (2021) |
What was the issue price of Reliance Power IPO in 2008?
On the back of tremendous demand, the issue price for the Anil Ambani-owned Reliance Power IPO was fixed at the upper band of Rs 450 for non-retail, and Rs 430 for retail investors. The issue was sold out within the first minute of its opening on January 15, 2008, a record for a mega offering of Rs 11,563 crore.
What is the minimum order quantity for Reliance Power IPO?
Reliance Power IPO is a main-board IPO of 260,000,000 equity shares of the face value of ₹10 aggregating up to ₹11,563.20 Crores. The issue is priced at ₹405 to ₹450 per equity share. The minimum order quantity is 15 Shares.
When did Reliance Power Ltd declared bonus shares?
Record date: June 02, 2008. Book remain close to process bonus share: From June 03, 2008 to June 05, 2008. Trading date for cum-bonus shares: May 29, 2008. Trading date for ex-bonus shares: May 30, 2008. Reliance Power Ltd declared 3 bonus shares for every 5 shares held.
What is the rating of Reliance Power Limited IPO in ICRA?
Reliance Power Limited IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average, in relation to other listed equity securities in India and by ICRA Limited as ICRA IPO Grade 4, indicating above average fundamentals. 1.
