The wait was finally over and Adani power IPO got listed today in the share markets today at Rs 105 per equity share. It was a big disappointment for all the retail and the HNI segment who have invested in this IPO. Adani Power share price was fluctuating in between 98 and 108 levels today.

It was one of the biggest Indian IPO after almost 18 months when Reliance Power IPO came in last Feb in 2008. It gave a listing gains of 5.15% nearly. It can swing both ways from here. Adani power was subscribed almost 20 times for a offer price of Rs 100 per equity share of face value Rs 10 each.

Even though the Indian markets opened on a positive note today, but it didnt help the stock price of Adani Power Limited. It ended the day flat at Rs 100.05 levels. Meanwhile Indian markets closed the day in green with sensex gaining 202 points to close at 15,012 levels and nifty closed at 4453 gaining 59 points from its previous close.

The next big news being tracked eagerly in the markets is of NHPC IPO. In coming days NHPC IPO allotment status will become clear. You can also check the  status of NHPC IPO here. It will be released in the coming days so keep a close watch at this space. If you want to know your allotment status of NHPC IPO, post your application number here.

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