Another big story from India. Reliance Power is going to the capital market for its expansion plans. As we know there is a huge shortage of Power and it only furthers the gap as the economy grows. Huge investment is required to meet the demand of consumers and industries. This IPO is definitely in the right direction as far as raising capital for infrastructure development in India.

Reliance Power IPO

Reliance Power Limited has recently filed its Draft Red Herring Prospectus (DRHP) with SEBI.

Reliance Power Limited IPO which would be one of the biggest IPO in Indian stock markets which will issue 130 crore equity shares of Rs 2 each at a price to be decided later.

The net issue to the public would be 114 crore equity shares after the promotors contribution of 16 crore equity shares.Reliance Power IPO will constitute 11.5% of the post issue paid-up capital of the company and the net issue will constitute 10.1% of the post issue paid-up capital of the company.


The company plans to raise close to USD 3.5 B from this offering.