Profit

Reliance Power files DRHP with SEBI

PUBLISHED ON: October 3, 2007 | Duration: 4 min, 13 sec

   
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Anil Ambani is gearing up for mega power play and his big ambitions are being driven by the youngest firm in his group, Reliance Power. Reliance Power is set to raise around Rs 10,000 crore through the largest initial public offering in the Indian markets. As per the red-herring prospectus filed with SEBI Reliance Power will issue 130 crore-equity shares of Rs 2 each.
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