Results on IPO

Reliance power IPO is the biggest IPO in the history of India raising nearly 11000-13000 crores
for six huge projects. According to my analysis investors get the allotments of 15 shares who are applied for 225 shares. Reliance power IPO got the interest of indians in such a way that even the mumbai dabbawaalaas have invested. It has subscribed by the QIB within a minute on Pongal that is 15/01/2008. More than 60% investors closed there positions to invest in the Power IPO. Those who applied for the shares under 100 do not think of the allotments.

The IPO opened for the investments are

01) Emaar MGF

02) Wockhardt hospitals

03) Tulsi extrusions

04) IRB infrastructure

05) Shriram ecp limited

All the very best for the investors .

And about todays market the market is too volatile and some top companies are performing well. Now the market is up thats a good news for atleast some investors.

Sensex is 17936 up by 287

Nifty is 5243 up by 106.

Hope for the best to get the allotments for Reliance power IPO.