Reliance Power IPO to raise Rs 11,700 cr
Anil Dhirubhai Ambani Group-promoted Reliance Power’s much-awaited Initial Public Offering (IPO) will hit the markets on Tuesday. Reliance’s IPO, known as the country's largest IPO so far, is expected to raise about Rs 11,700 crore, with a net issue of 22.8 crore shares to the public. The total issue size is of 26 crore shares, including the promoters contribution of 3.2 crore shares.
