Leading IPOs in India - Reliance Power IPO

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Some of the leading IPOs in India include Reliance Power Limited IPO, Tulsi Extrusions Limited IPO, Onmobile Global Limited IPO, EMAAR MGF IPO, Future Capital Holdings Limited IPO and many more. All these IPOs have opened their subscriptions in 2008. India has saved almost 3.3 billion proceeds in the global IPO market through eight deals which has made it the largest IPO market across the globe. Reliance Power IPO has been the biggest contributor in this regard.

A brief Note on the Initial Public Offering (IPO)-

The Initial Public Offering (IPO) is defined as the first set of stocks that are sold out by a company to the public in order to seek an expansion of the capital.

The IPO is usually set up by the smaller or newly emerging companies but the large-scale companies also go for it in order to become publicly traded. The issuer is faced with important considerations like the security of the issue, price band offered for the same and the time for sale. It is a risky affair for any individual investor as he or she does not have any clue regarding the performance of the shares on the first day of sale.

Recent Updates of the Leading IPOs in India

The IPO market in India has been growing at a massive pace for the past few years. With the advent of some leading IPOs in India, the country has become the largest IPO market across the globe so far. India has saved almost USD 3.3 billion proceeds in the global IPO market from eight deals of late. As has been estimated by Thomson Financial, the biggest contributor to these deals has been the USD 3 billion IPO of Reliance Power. The second largest IPO in India is Emaar MGF which is a USD 1.6 billion IPO. Emaar MGF has revised the price range for the Equity shares. Initially it was Rs 540-630 per share which now costs Rs 530-630 per share. A report by Thomson Financial states that India has occupied 49.1 percent of the global IPO proceeds in the current year 2008 as compared to 3.7 percent in the year 2007. The global IPO market has deteriorated by 36.1 percent during the past one year.

Leading IPOs in India which Opened for Subscription in 2008

Some of the leading IPOs in India which opened for subscription in the current year 2008 are as follows:
  • Reliance Power Limited
  • Tulsi Extrusions Limited
  • Onmobile Global Limited
  • Future Capital Holdings Limited
  • Shriram Epc Limited
  • Manjushree Extrusions Limited
  • J. Kumar Infraprojects Limited
  • Bang Overseas Limited
  • Cords Cable Industries Limited
  • Knr Constructions Limited
  • Irb Infrastructure Developers Limited

To know more about Ipo India Firms click on the following links: