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Adani Power may surge 10-30% over issue price on listing day

Posted on: August 19th 2009 in Stock News.

Adani Power, whose IPO lit up the country’s primary market space with good response from investor, is expected to surge in the range of 10-30 per cent over its issue price of Rs 100 when the company lists its shares on bourses tomorrow, experts say. “The pricing of the IPO wa…

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Adani Power IPO subscribed 4.55 times

Posted on: July 29th 2009 in Press Releases.

Adani Power initial public offering (IPO) witnessed huge investor interest and was subscribed 4.55 times on the second day of subscription. The issue received bids for 1,13,15,07,130 shares as against the issue size of 30,16,52,031 shares, as per the data available on the NSE website. Ti…

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