Biggest IPOs In India

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Reliance Power

reliance, 3g, ambani, dhirubhai, anil ambani, power, reliance power, IPO, largest, IndiaReliance Power attracted 117 billion in its Initial Public Offering in 2008 with around 260 million equity shares at a price band of 405-450 per share. The IPO created the record for being fully subscribed within a minute of opening.  The Qualified Institutional Bidder (QIB) portion was subscribed 17.5 times and the high net worth investor (HNI) segment was subscribed 6.7 times. Reliance Power has reported revenue of 760 crore, and is the 2nd Indian company to earn Carbon credits.