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Finally the mega IPO from the ADAG group,Reliance Power which opened last month and went on to become the largest IPO in the history of Indian share markets will be listing on Fe 11th,2008. The company has credited the shares to the demat accounts of the successful allotees.
As i wrote yesterday that this IPO got a whopping 5 million bids and commitment of around 7,50,000 crores as against the issue size of just Rs 11,500 crores .Meanwhile the allotment and refunding was completed withing 10 working days of closing of the issue.
If you are still looking out for your allotment then just click on the link below.
This IPO is not only the largest in the country but has the largest shareholder base company listed on the stock exchanges of Indian share markets with around 42 lakh share holders.It has raked in RS 11,560 crores from the share markets.So perhaps this listing could be the next trigger for the markets in coming days
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