Reliance Power Limited IPO to open on January 15, 2008

The Initial Public Offering (IPO) of Reliance Power Limited will open for subscription on Tuesday - January 15, 2008.

The company is coming out with an IPO of 228,000,000 Equity Shares (excluding Promoters contribution of 32,000,000 equity shares) of Rs.10 each for cash at a price band of Rs. 405 TO Rs. 450 through 100% Book Building process.

Kotak Mahindra Capital Company Limited, UBS Securities India Private Limited, ABN AMRO Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited and J P Morgan India Private Limited are the Book Running Lead Managers to the issue.

Macquarie India Advisory Services Private Limited and SBI Capital Markets Limited are the Co-Book Running Lead Managers to the issue.

Reliance Securities Limited,Kotak Securities Limited,ABN AMRO Asia Equities (India) Limited,JM Financial Services Private Limited,Karvy Stock Broking Limited and SBICAP Securities Limited are the Syndicate Members to the issue.

Karvy Computershare Private Limited is the Registrar to the issue.

The IPO closes for subscription on January 18, 2008.

Click Here to view Reliance Power Limited website.

Click Here to view Reliance Power Limited IPO Prospectus.

Source : Equity Bulls

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