Wednesday, January 16, 2008

Reliance Power IPO creates a new wave in Indian IPO market.

Reliance Power IPO is special in many ways-
First, The publicity of the IPO is very well planned and executed.
Second, 6 Crore share is alloted for retail investor.
Third, Only 25% of the payment option creates a new trend in IPO market.
Fourth, Retail Investor get the additional benefit of Rs. 20 per share.

These four are pheomenonal and gives a new direction to the share market. Anil Dhirubhai Ambani leads from the front and make this IPO a huge hit and only after opening up of market. within 1/2 hours , the share oversubscribe by 11 times and three days are still left to close this issue.

Congratulation Mr. Anil Ambani. Keep it up and lead from the front.

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