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.
Wednesday, January 16, 2008
Reliance Power IPO creates a new wave in Indian IPO market.
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