The ‘Reliance power Limited’ is featuring the headlines of newspapers (specially the economic journals) from past few days. This is because the launch of ‘Initial Public Offerings’ or simply IPO from the ‘Reliance Power Limited’ of the value of near 3 billion dollars. In fact, this is the highest amount of IPO launched by any company in India ever. Even all the IPO bids were completed within in a minute, which is subject to be a world record. You must be amazed after hearing these kinds of facts happened in India. Then you must know the history and the stature of the company to guess the mystery of this kind of success of the ‘Reliance Power Limited’.

In short, the ‘Reliance Power Limited’ is the branch of the Reliance ‘Anil Dhirubhai Ambani’ Group. This branch was created to construct and develop and operate various power projects in the market of India or even in the international markets. In fact, there is another power utility company present as the separate branch of the Reliance group, which is known as the ‘Reliance Energy Limited’. The statistics are showing that ‘Reliance Power Limited’ is currently developing and maintaining 13 power projects, either large or the medium size, through the country. They have the capacity to produce about 28,200 megawatts of power annually.
From the pages of the history, it is seen that this company was integrated in the name of the ‘Bawana Private Limited’ in the month of January 19995. It name was changed first time in February at the same year. After that the name changed for several times. The present name of the ‘Reliance Power Limited’ was coined in the month of July 2007.
After the huge success of the ‘Reliance Power Limited’ and the whole ‘Reliance Group’ the company decided equity shares for the public on the 15th day of January 2007. They were offering about 10 percent of the company shares for the public. Basically they have the plan to collect the money launching the equity share of the company. Utilizing the money they will go for the business competition against some other business tycoons of the power industry. The also have the plan to develop more power plants through the whole country. They also want to renovate the power plants thoroughly, which were manufactured by them. After analyzing each and every situation, the brand equity shares worth US $3 billion was launched by the ‘Reliance Power Limited’. Previously, DLF Company held the record of launching the brand equity share of highest amount (US $2.3 billion) in Indian. Surprisingly, ‘Reliance Power Limited’ attracted the bid of about US $27.5 billion, which is equal to the 10.5 times of the money in the stock ready to offer. This is an Indian record also. According to the veteran economists the success of Reliance IPO signifies the prosperity of Indian Economy. According to them there is every chance that the stock price of the company may touch peak of 700 INR per share. If this happens the company CEO Mr. Anil Ambani will be the richest Indian around the entire globe.
Wishing the company and all the equity share bidders a good luck!!!

Popularity: 63% [?]