Reliance Power, part of the Reliance Anil Dhirubhai Ambani group which recently completed its largest IPO in the history of Indian Capital market, will debut on the Stock Exchanges on the 11th of February 2008, subject to all regulatory and other approvals.

The Equity Shares, offered through this IPO, will be listed on both the Bombay Stock Exchange Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”).

Reliance Power has credited its shares to the demat accounts of the successful allottes in the IPO.

Reliance Power had carried out allotment and refund exercise post closure of the IPO in a record short time of 10 working days considering that this IPO was by far the largest in the history of Indian capital markets. Reliance Power IPO attracted over 5 million bids from all categories of domestic and international investors with aggregate commitment of over Rs 750,000 crore, as against the Issue size of Rs. 11,560 crore.

Reliance Power IPO was oversubscribed approximately 70 times. 60% of the Net Issue reserved for Qualified Institutional Buyers (“QIBs”), was oversubscribed  82.5 times, 10% of the Net Issue reserved for Non Institutional Investors was oversubscribed  159.6 times and 30% of the Net Issue reserved for Retail investors was oversubscribed  13.6 times.

With approximately 42 lakh shareholders Reliance Power will be the largest shareholder base company among the companies listed on the Stock Exchanges.

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