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Reliance Power Limited IPO (Reliance Power IPO) Detail

January 15, 2008 - January 18, 2008

Reliance Power IPO is a book built issue of Rs 11,563.20 crores.

Reliance Power IPO bidding started from January 15, 2008 and ended on January 18, 2008. The shares got listed on BSE, NSE on February 11, 2008.

Reliance Power IPO price band is set at ₹405 to ₹450 per share. The minimum lot size for an application is 15 Shares. The minimum amount of investment required by retail investors is ₹6,750.

Axis Capital Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited and Ubs Securities India Private Limited are the book running lead managers of the Reliance Power IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Reliance Power IPO RHP for detailed information.

Reliance Power IPO Details

IPO Date January 15, 2008 to January 18, 2008
Listing Date February 11, 2008
Face Value ₹10 per share
Price Band ₹405 to ₹450 per share
Lot Size 15 Shares
Total Issue Size260,000,000 shares
(aggregating up to ₹11,563.20 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Reliance Power IPO Lot Size

Investors can bid for a minimum of 15 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 15 ₹6,750
Retail (Max) 29 435 ₹195,750
Lot Size Calculator

About Reliance Power Limited

Reliance Power Limited (REPL), a Reliance Anil Dhirubhai Ambani (ADA) Group company is in the business of developing, constructing and operating power projects. The Reliance ADA group is one of the biggest business group in India involve in business like telecommunications (Reliance Communications), financial services (Reliance Capital), media and entertainment (Adlabs Films), infrastructure, energy (Reliance Energy REL, Reliance natural resources RNRL, Reliance Energy Transmission and Reliance Energy Trading) and other sectors.

Reliance Power Limited is currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW across various geographic locations in India. First project of Reliance Power is expected to go onstream in 2009. Company intend to sell the power generated by these projects under a combination of long-term and short-term PPAs to state-owned and private distribution companies and industrial consumers.

CRISIL IPO Grade:
Reliance Power Limited IPO has been graded by CRISIL Limited as CRISIL IPO GRADE 4/5, indicating that the fundamentals of the issue are above average, in relation to other listed equity securities in India and by ICRA Limited as ICRA IPO Grade 4, indicating above average fundamentals.

Objects of the Issue (Reliance Power IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to
1. Fund subsidiaries to part-finance the construction and development costs of certain of 12 power generation projects currently under various stages of development;
2. General corporate purposes;
3. Achieve the benefits of listing on the Stock Exchanges.


Reliance Power IPO Subscription Status (Bidding Detail)

The Reliance Power IPO is subscribed 73.04 times on January 18, 2008 5:00:00 PM. The public issue subscribed 14.87 times in the retail category, 82.62 times in the QIB category, and 190.02 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

IPO Notices

External Link

IPO Alert: Reliance Power Ltd announced bonus shares record date

Date: Friday April 25, 2008
Reliance Power limited (REPL) has announced the long-awaiting record date for its bonus shares. Company will issue 3 bonus shares for every 5 shares hold by investors at the end of day June 02, 2008. The company's books will remain closed between June 3 and 5 for this purpose.

Important information about this Reliance Power limited (REPL) bonus shares are:

  • Bonus share ratio: 3:5, 3 Bonus shares for every 5 shares hold by investors.
  • Record date: June 02, 2008.
  • Book remain close to process bonus share: From June 03, 2008 to June 05, 2008.
  • Trading date for cum-bonus shares: May 29, 2008.
  • Trading date for ex-bonus shares: May 30, 2008.


IPO Alert News: Reliance Power Ltd declared 3 bonus shares for every 5 shares held

Date: Sunday February 24, 2008
Reliance Power Ltd declared 3 bonus shares for every 5 shares held.

The bonus issue will bring the cost of per Reliance Power ltd share for retail investors to Rs 269 (earlier Rs 430) and for others to Rs 281 (earlier Rs 450).
The expected ex-bonus share price would be around Rs 300, if the market situation remains same as current market.

``I have been personally concerned by the notional losses arising to millions of our investors as a result of a dramatic adverse change in sentiment in global and domestic capital market after the pricing of our IPO,'' Ambani said. ``The board endorsed my concern and approved the bonus issue.''

Company needs approval from its shareholders before sending the bonus issue detail to stock exchanges to fix record date.

Once record date has been declared, all the investors holding shares on that date, would be entitled to receive bonus shares.


IPO Alert News: Anil Ambani announces bonus shares to Reliance Power investors

Date: Sunday February 17, 2008
After an unexpected poor performance on listing of Reliance Power, Anil Ambani finally decided to come out with bonus shares.�

To remain in the race and do not loose investors trust in ADA group, company today announce to offer free bonus shares for Reliance Power investors (non promoter). Final decision will be taken in company's board meeting on Sunday February 24, 2008. The board will also consider few other options to being the share value up.

Reliance Power IPO Prospectus

Reliance Power IPO Rating

3134
4.3
Rating:Rated 4.3 stars
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Reliance Power IPO Listing Details

Listing Date February 11, 2008
BSE Script Code 532939
NSE Symbol RPOWER
ISIN INE614G01033
Final Issue Price ₹450 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹450.00
₹547.80
₹355.05
₹599.90
₹372.50
NSE
₹450.00
₹530.00
₹355.30
₹530.00
₹372.30

Check IPO Performance…

Reliance Power Limited Contact Details

Reliance Power Limited
H Block, First Floor,
Dhirubhai Ambani KC,
Navi Mumbai 400 710, India
Phone: (91 22) 3038 6010
Email: reliancepower.ipo@relianceada.com
Website: http://www.reliancepower.co.in

Reliance Power IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: reliancepower.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Reliance Power IPO FAQs

Reliance Power IPO is a main-board IPO of 260,000,000 equity shares of the face value of ₹10 aggregating up to ₹11,563.20 Crores. The issue is priced at ₹405 to ₹450 per share. The minimum order quantity is 15 Shares.

The IPO opens on January 15, 2008, and closes on January 18, 2008.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Reliance Power IPO opens on January 15, 2008 and closes on January 18, 2008.

Reliance Power IPO lot size is 15 Shares, and the minimum amount required is ₹6,750.

You can apply in Reliance Power IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Reliance Power IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Reliance Power IPO allotment status.

The Reliance Power IPO listing date is on February 11, 2008.
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Reliance Power IPO Message Board

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7078 Comments

7078. rakesh |   Link |  Bookmark |August 9, 2009 10:40:16 AM
anil ambani group company cheating the customer and investors.
now a days he is disrespecting his elder brother and making his right on the gas of reliance industries without setting a power plant. as per mou gas only be provided if any once power plant operational.
he is making fool of investor and nowhwere to set up the power plant for which he cheated the investors beyond market price.
7077. RUBI GANDHI |   Link |  Bookmark |June 10, 2009 9:06:32 PM
I had applied for 225 shares amounting of Rs.25875/-and allotted 16 share in april after many reminder but balance of Rs.18995/-not received till date .I have made lot of mail and call on tollfree no. but everytime they said we send you fresh cheqe
7076. rajamani |   Link |  Bookmark |May 30, 2009 9:51:11 PM
NHPC MEANS NATIONAL HYDRO ELECTRIC POWER CORPORATION AND NOT HYDRO CHLORIC OR SULPHURIC..?????? HAHAHHAA
7075. sweta shah |   Link |  Bookmark |May 8, 2009 1:29:02 PM
Reliance Power Ltd. Complaints - RPower IPO Refund
View all Reliance Power Ltd. complaints
Reliance Power Ltd.
Posted: 2009-05-07 by SWETA SHAH Send email


RPower IPO Refund
R/Sir
I am SWETA SHAH from Varanasi –221001. I apply in your RPOWER IPO for 225 share. I paid Rs. 25875/- through cheque with application. You allot me 17 share i.e Rs. (430*17 = 7310). But I am not received my balance or un-allotted share money i.e (25875 - 7310 = Rs. 18565). So Plz take the n/a regarding my refund amount.

My application details is given below.
Name : SWETA SHAH
Contact No. : 9450960890

Bid cum application form no. : 57030556

Address : SWETA SHAH
J-12/34-C-2 BALBHADRA COLANY
VARANASI-221001
7074. Namita Das |   Link |  Bookmark |May 4, 2009 4:26:31 PM
om, DT.04.05.2009
Namita Das
New Avantika Apartment Flat no-302
North Office Para,
Doranda-Ranchi-02
To,
The Company Secretary , 9 th REMINDER
Karvy computer share Pvt.Ltd, KIND ATTAND TO Mr.RAJENDRA NETHI/ANIL ABANI
(Unit: RELIANCE POWER- Public Issue
Hydrabad.
Sub:- Release the payment.
Ref no:- I) Application NO:-73303019
ii) Our letter on dated 10/6/08
IIII) E-mail done on 12/7/08 on Reliace power.ipo@karvy.com
IV) Telephonic talk on 13/7/08 at 1pm on phone no: 2230386010 and many reminder done by registered post and fax.
V) Telephonic talk on 19/7/08 at 11am by your Mr.Santosh on 18003454001
VI) Last reminder 03.01.09.
Dear Sir,
We had deposited Rs.12, 075/=(Rs. Twelve thousand seventy five only) vide cheque no:-233923 on dated 15.1.08 in favour of Reliance power IPO ‘R’, the cheque which is issued by the Namita Das account no. 1057072766 of STATE BANK OF INDIA RANCHI. But you are not return the cheque .
You are requested to kindly issue the cheque immediately in favour of Namita Das account no. 10157072766. Due to your mistake we had suffered for the amount from 17(Seventeen) months.
DP-ID : 12010926
D-Mate accounts no is 23645 .

Thanking you,

Yours Faithfully

Namita Das
Mobile No.094315 45963
098355 77994
CCto:- Anil Ambani,Mumbai.
NOTE : 17 (Seventeen)MONTHS HAS ALREADY PASSED UNFORTUNETLY WE SHALL GONE TO LEGAL ADVISOR IMMEDIATLY.


7073. ANITHA |   Link |  Bookmark |April 27, 2009 4:13:33 PM
I APLY RPOWER IPO, ALOTTED 17 SHARES BUT TILL DATE I AM NOT RECEIVED IN DP A/C .PLS KINDLY CREDITE THE SHARE.
7072. Robin Talwar |   Link |  Bookmark |April 14, 2009 6:42:04 AM
Thanks a lot Priya...I have checked the status of my application from the link provided by you...thanks again..

7071. AJAY KUMAR |   Link |  Bookmark |April 4, 2009 5:14:05 PM
plz buy kare r power next do mahine me achha ritan de sakta hai may mahina 240 rupya rate rahe ga aagar aabhi buy karn ahai to
118 rupye tak buy kare aur hold rakhe may me 240 ka bhau aaye ga
7070. Priya jain |   Link |  Bookmark |March 27, 2009 7:08:54 PM
Hi Mr Robin,

Click on this below link and select the reliance power. Once u enter your Application number, u will find the proper information.

http://203.199.177.158/ipo/

7069. Robin Talwar |   Link |  Bookmark |March 26, 2009 9:46:50 PM
Sir,
I had applied in Reliance Power IPO vide App.No. 55710332 for 225 Shares with Chq No 115465 dated 17.01.08 payable at UBI Sec-21, Chandigarh for Rs 25,875/-.
Till date I have neither received my refund order nor any reply from the company despite my repeated reminders.
Therefore, I request you to help me in getting my hardearned money back along with upto date interest from the company and oblige.

ROBIN TALWAR Dated : 26.03.2009
7068. anuj |   Link |  Bookmark |March 6, 2009 12:43:20 PM
yes he is able
7067. Vikram |   Link |  Bookmark |February 25, 2009 8:38:48 PM
RPower owes Rs 11 cr in refund to IPO applicants
Feb 25 2009 , NEW DELHI

The government today said Anil Ambani group firm Reliance Power owes only Rs 11 crore in refunds to investors who had unsuccessfully applied for its mega IPO last year, while it has refunded Rs 99,281 crore.

"Reliance Power Ltd has informed SEBI that out of 47,91,073 refund cases amounting to Rs 99,292 crore, the number of pending cases as on February 20, 2009 is 5,243, amounting to Rs 11 crore," the Lok Sabha was informed today.

The statement was made by Minister of State in the Ministry of Finance P K Bansal in a written reply to a question on whether a large number of small investors had still not received the refund under retail category of IPO of Reliance Power.

To a query on action taken or proposed to be taken against the promoters and lead managers in this regard, the minister said that no action was proposed to be taken by the market regulator SEBI as the pending cases included undelivered refund orders by postal authorities and warrants not been encashed by investors.

"Reliance Power Ltd has informed SEBI that out of 5,243 pending cases, in 1,302 cases refund orders were returned undelivered by postal authorities for various reasons and in the remaining 3,941 cases, the warrants have not been encashed by investors and therefore no action is proposed to be taken by SEBI," the minister said.
7066. amit |   Link |  Bookmark |February 12, 2009 8:46:01 PM
maine sabak sikh liya hai ki jindi bhar ipo nahi barange meri ipo ki 4year ki kamai reliance power lae udda
7065. timtim |   Link |  Bookmark |January 15, 2009 2:21:08 PM
16 jan will be the black friday in indian history
7064. Arpit Shah |   Link |  Bookmark |November 25, 2008 11:52:12 AM
The operator is back and the near term prize would be around 160-170.
Go and grab it.....!!!
7063. quaid kachwala |   Link |  Bookmark |November 15, 2008 10:09:03 AM
i was allotted 16 shares during the ipo. i hav not been allotted the bonus shares due, i am in constant touch thru emails with karvy but they r saying that i was not holding the shares during the bonus shares record date. now could anybody tell me that if i hav been holding the shares till date right from the ipo allotment, how is that possible?
7062. shiv |   Link |  Bookmark |October 27, 2008 5:03:14 PM
Dear Investor,

Anil Ambani make fool investors is sell R Power on very high rate which is not his actual cost now R Power getting Power Grid Corporation rate.

7061. dashora ji |   Link |  Bookmark |October 18, 2008 3:04:31 PM
you buy now as well as your pocket because it give you back money good after january right now market is down and your pocket is good for insvesment so hurrrrrrry buy....
7060. niraj |   Link |  Bookmark |September 20, 2008 12:09:35 PM
i have got 400 shares n sold 300 @ the rate of 165rs.
shld i sell the rest of keep for some more time
7059. S.A.KOTHIA |   Link |  Bookmark |September 19, 2008 7:40:19 AM
Do You Know the R-Power Public Issue How many Brokerage paid to sub broker (upfront) and (insentive) both