Adani Power IPO which opened for subscription on July 28th 2009 and was open till July31st is all set to get listed in the stock markets. August 20th 2009 could be the most likely listing date of Adani Power IPO. It will be officially declared very soon. Adani power IPO which closed on July 31st 2009 was over subscribed 21.64 times. The retail segment was oversubscribed by 2.97%.

The issue price of Adani Power IPO was at Rs 100/- equity share. The price band was Rs 90-100 per equity share. The allotment of Adani Power IPO has also been declared. Check the status of allotment of Adani Power IPO here. You can also check the allotment here. What we observed is that shares were allotted on lottery basis. Some investors have got 100% of the shares they applied.  Its usually 37-38% of what one has applied in the Adani Power IPO.

Adani Power is basically into power development and was incorporated in the year 1996 and is a part of the Adani Group. They have 4 projects which are in the development phase and has a combined capacity of 6,600 KW. ICRA has given a rating of 3 to Adani Power IPO. The lot size of the stock was 65. If you have any questions related to Adani Power IPO, Adani Power IPO allotment status, money refund from Adani Power IPO, you can post your queries here and get the replies from here.

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