Adani Power IPO sized Rs.3000 crore Issue over subscribed over 21 Times. It is the second Largest IPO after Reliance Power. IPO is oversubscribed in QIP by 39 times, Non Institunal by 8.5 times and 2.2 times by retail investors. Price band of Rs 90-100 is attracted and shares will be listed on boursed on Aug20. APL IPO was the first to have six anchor investors after SEBI announced guidelines for anchor investors.
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