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Reliance Nippon asset ipo. Do not invest as Anil Ambani has poor track record as evident from high debt and low market share of his companies.

Yes this is Anil Ambani group of company. Investors have burnt their fingers in Reliance Power IPO in 2008.

He has, and also had some diffrences with his elder sibbling.

Who had retaliated by breaking prices of his script Rel Power by selling shares from his Mauritius based fund.

Same thing may definately happen this time also.

Hence please be cautious on listing.