Categorie: IPO / Secondary Offering
Submitted 9 months ago by
Mittar_b
, Project Manager
at Softprodigy
Hi friends, last time I had written about Reliance Power IPO on the day when the issue opened up. Today, India's Sensitive Index fell the most in three weeks after billionaire Anil Ambani's Reliance Power Ltd. slumped on its first day of trade. Typically, an IPO is the only time at which the share value of a business is fixed. A business has to go through a number of steps prior to IPO to establish its long term security, and the launch price of the stock will be determined by economists and accountants in order to strike the best balance between the amount of money the business needs to raise, and its actual value, which relates to its assets and profit forecasts. It is really difficult to gauge the listing price by investors in spite of a number of indicators available for it. The Reliance Power can be seen as one of the example. size=...
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Submitted 9 months ago by


2 comments ↓
Owner at Krish Systems
Senior Research Analyst