Reliance Power IPO

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Crisil Gives 4/5 ipo grade

Tuesday, January 1, 2008

CRISIL has given 4/5 rating to this proposed ipo

4/5 rating - indicates "above average fundamentals " compared to peer stocks /companies of similar capacity etc .

issue SIZE - 26 crore shares of Face value - Rs 10 .

likely ipo target- Rs 10000 cr -11000 cr

Still some legal tussle going on , still its not clear ,if ipo will open in same format or not

lets hope for the best .

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posted by Unknown @ 7:13 AM  

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