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Subscribe to Reliance Power IPO

Hem Securities has come out with report on Reliance Power IPO. It has recommended subscribing the issue.Reliance Power is planning to raise around Rs 10,530-11,700 crore from its initial public offering (IPO) of 26 crore equity shares with a face value of Rs 10, for cash, a price decided through 100% book building process. The price band has been fixed at Rs 405-450 per share.Hem Securities report





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