What to expect from Reliance Infratel IPO at FinGad.com

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What to expect from Reliance Infratel IPO

Categorie: Emerging Markets
Submitted 10 months ago by

Vipinlara

Reliance Infratel is all set to come out with issue of nearly 9 crore shares, the second IPO from the ADAG Group. It is worthwhile pointing that the company is basically into passive infrastructure in the telecom space. According to sources, the issue size is around 8.9 crore shares which by the way constitutes only 10% of the post issued equity. The best part about all this is that it has part payment option for retailers. Point to be noted here is that Reliance Power also offered same sops to the retail investors who had applied for it’s recently concluded Rs 11,560 crore IPO, the country’s biggest primary market issue so far. It had offered a flat discount of Rs 20 a share to them, nearly 4% of the issue price of Rs 450 and a part-payment facility wherein an investor could apply for the issue with a 25% payment. margin: 0in 0in 0.0001pt; text-a... More...

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