Reliance Power Ltd IPO


IPO Subscription Details

  • Open Date 15 Jan
  • Close Date 18 Jan
  • Lot Size 15
  • IPO Size ₹ 11700 Cr
  • IPO Price Range ₹ 450
  • Min Investment ₹ 6750

IPO Synopsis

Public issue of 26,00,00,000 equity shares of Rs.10/- each of Reliance Power Limited (Reliance Power or the Company or the Issuer) for cash at a price of Rs.450/- per equity share (including a share premium of Rs.440/- per equity share) aggregating to Rs.11700 Crores (the Issue). The issue comprises a net issue To the public of 22,80,00,000 equity shares aggregating to Rs.10260 Crores (the net issue) and a promoters contribution of 3,20,00,000 equity shares aggregating Rs.1440 Crores. The issue 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. Issue Price is Rs.450/- per equity share of face value Rs.10/- each The issue price is 45 times the face value

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked