Reliance Power coming Feb March November 22nd, 2007 Reliance power is not coming this year. SEBI has some problems with its prospectus and Reliance Power and Mr Anil Ambani group has to clear all the doubts.
So if everythings goes in the right way, Reliance Power may come next year Feb-March.
This is not a good IPO. Basically it is very small and does not give the full details about itself. Last three years performance are not provided and profit after tax is too little. Registrar and Lead Manager are not well known. I do not think good to invest in such a company.
PAT is too less for this company. Its less than annual salary of many people in IT. I don't think this IPo is worth applying. These are my views... I am not going to apply in this IPO.
very small turn over of the company as compared to other ipo company at this time.. so i think it is better to invest in kaushalya infra or renaissence jwelery....