I am very happy togive you a bulk of details about the Rel Power IPO IPO Statistics Issue Open On 15th January 2008 Issue Close On 18th January 2008 Price Band Rs 405-450 Per Share Face Value Rs 10 Per Share Bid Lot 15 Equity Shares Issue Size 260,000,000 Shares Retail Size 68,400,000 Shares Pre Issue Eq Capital Rs 20,000 Million Post Issue Eq Capital Rs 22,600 Million Shareholding Pattern (%) Pre Issue Post Issue Promoter & Group 100.00 90.00 Public ---- 10.00 Other Specifics Lead Manager Kotak Mahindra Capital Company Ltd, Enam Securities Pvt Ltd Registrar Karvy Computershare Pvt Ltd Business Profile Reliance Power Limited (RPower), originally incorporated as Bawana Power Private Limited, is part of the Reliance Anil Dhirubhai Ambani Group and is currently developing 13 medium and large sized power projects with a combined planned installed capacity of 28,200 MW. The identified project sites are located in western India (12,220 MW), northern India (9,080 MW), northeastern India (2,900 MW) and southern India (4,000 MW). The projects include seven coal-fired projects (14,620 MW) to be fueled by reserves from captive mines and supplies from India and abroad, two gas-fired projects (10,280 MW) to be fueled primarily by reserves from the Krishna Godavari Basin (the ¡§KG Basin¡¨) off the east coast of India, and four hydroelectric projects (3,300 MW), three of them in Arunachal Pradesh and one in Uttarakhand. Company intends to sell the power generated by these projects under a combination of long-term and short-term PPAs to state-owned and private distribution companies and industrial consumers. In addition to the 28,200 MW of power projects, company intends to develop additional power projects to help meet the huge demand in this sector. Company is considering the development of CBM (Coal Bed Methane) power generation projects based on fuel from CBM blocks being explored by a consortium that includes company¡¦s affiliates. Company also intends to invest in overseas opportunities that are a strategic fit with company¡¦s business. Company intends to explore the possibility of registering certain of its projects with the Clean Development Mechanism executive board for the issuance of carbon emission reduction certificates that company may sell. The company has subsidiaries viz SPL, CAPL, MPPGL, RPSCL, MEGL, VIPL, USHPPL, THPPL, SHPPL and KPPL. Projects of an aggregate generation capacity of 24,600 MW were bid and secured by the Company in its own name. Of this Dadri Project of 7,480 MW is being developed by the Company and the Projects of 17,120 MW are being developed through subsidiaries. Investment Rationale ƒá The Ministry of Power has set a goal/Mission 2012: Power for All. According to estimate, the total energy requirement in India will increase to 968,659 GWh by fiscal year 2012, 1,392,066 GWh by fiscal year 2017 and to 1,914,508 GWh by fiscal year 2022. This would lead to an annual Electric Peak load of 152,746 MW in fiscal year 2012, 218,209 MW in fiscal year 2017 and 298,253 MW in fiscal year 2022. The northern region is expected to contribute 30.1% and the western region is expected to contribute 28.4% of the overall annual Electric Peak load in fiscal year 2022. The Government has estimated the total investment potential of the sector at Rs. 9,000 billion for a specified period up to fiscal year 2011. This represents a significant opportunity for capacity expansion and growth for company. ƒá Company has located the majority of its projects in the northern, western and north-eastern regions of India to cater to the significant unmet demand in the northern and western regions of India. As the peak demand for the fiscal year ended March 31, 2007 was 104,867 MW and CEA expects it to grow to 152,746 MW and 218,209 MW by the fiscal years ending March 31, 2012 and March 31, 2017, respectively, hence company¡¦s projects are well positioned to serve expected demand. In addition, company has planned for each project to be situated either close to its fuel source or to the load center. Enjoy and happy investing Manikandan.A.V

Well, grey market premium of RPL as of now is 400-410. And seeing at the prospects of the sector and the investments needed in the next 5 yr plan, it is worthwhile to stay invested in the stock for a long term perspective.

Dear All, Its great opportunity to invest and get gud returns in future. I think the best option is to pay for part as u can use the diffrential amount for the other investments for short term and yes off course you will be able to the get into picture much bettre once the allotment is delredd. I think reatil investor cannot apply for more than 15 lots.....which is almost the threshhold of 100K. That gud calculation just check out the diffrentail between paying part payment and full payment. Happy Investing :)

the valuation is on a very higher side with no installed capacity till now. if we believe grey market premium of 450 per share it will be trading @ 110 p/e on earning of 2011. ntpc is a far more better pick than this one.still one can apply to the ipo for listing gains

He is correct

reliance power is going to start its project & it wil take time & we know that share is overvalued .So an ordinary investor after seeing the name of RELIANCE invest blindly in it ? whether it is a right step?

it will zooom on the day of listing but after 2 or 3 days it will fall to earth.... better to sell it initially and then again purchase when it falls.............

it will zooom on the day of listing but after 2 or 3 days it will fall to earth.... better to sell it initially and then again purchase when it falls.............

It was a good IPO but for long term wait for one year you can have even 100% growth.

Dear friends. Please refer to message of 1/10/08. I had clearly suggeted "don't the over enthusuastic". Well you cannot predict in stock market with 100% accuracy so i liked to not to say bluntly. Yes, considering the circumstances, it was bound to happen what happened to this IPO. Rs.350 was to be seen in near term. But there was no buyer to my suggestion.

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