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Reliance Power also made its debut on the BSE with a small premium of 17% over its issue price at Rs530 and the issue was subscribed by 76 times. The counter managed to move further and clock a high of Rs599 before coming under profit-taking to slip below the issue price and touch a low of Rs389. The stock is still trading marginally above the IPO price at Rs448 on volumes of over 1.54 crore shares on the BSE.


Sorry investers IPO gone hopeless//////think of future of IPOs???



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Written by Dr.Indresh Kulshrestha   
 
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