Adani Power IPO allotment story….
Adani Power Ltd, a subsidiary of Adani Group, is one of the fastest growing power companies in India.
· Adani Power IPO, which opened in July last, was fully subscribed after its opening at primary market.
· It will be in the interest of investors to learn the allotment and listing strategy of Adani Power IPO
· The investors, who have applied for the Adani Power IPO, would have become owner of the power generation company. However, the company is yet to get operationalisation.
· You can check your allotment status on following links: http://mis.karvycomputershare.com/ipo/
· The Adani IPO and NHPC IPO have ended the threat of global melt down and brought back the Indian market on track.
· The Adani Power IPO has received overwhelming response from the Qualified Institutional Buyers during the recession period. Adani Power IPO was subscribed by the QIB more than 39 times while the Retail Investor segment got oversubscribed by just 3 times.
· It is a clear indication that primary market has developed some positive response and it will be better future prospects for the upcoming issues.
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