Ready...Set..Go...Reliance Power IPO

Thebullishtrends: Now countdown has started for Reliance Power IPO. The mega jambo Rs11,700 crore in sale of 260 million shares through IPO, is expected to open between 15th -18th of this month the price band for Reliance Power IPO will be 405-450. This is one of the big IPO after the DLF IPO in indian IPO market. As per the reports Reliance Power may offer shares at 5% discount price to IPO Investors. CRISIL has already gave 4/5(above average) rating to Reliance Power IPO. Now Reliance Power shares are changing hands with un-official premiumRs.350-365 in grey market. And this is the first IPO after Anil Ambani established ADAGroup.