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ADANI GROUP: Adani power share price

August 20th, 2009 Posted in India Current News

adanilogoADANI:
Adani power which is coming under Adani Group will be listing its (IPO) initial public offering exchanges today (20/08/2009).
Adani Power
* BSE Script Identification: 533096
* National Stock Exchange Symbol:
ADANIPOWER.
* Listed in: Group ‘B’ Securities.
* ISIN: INE814H01011
* Share Price issue: Per share costing Rs
100.
* Face Value: Rs 10/- Per Equity Share

Adani Group is an Indian company which is having 3.5 billion USD revenue currently. Adani is specially dealing with Natural Gas, Trading in Commodities, Manufacturing Edible Oil and Mundra Port operations.

Through this Adani Power Adani has achieved the goal of finishing the first unit of 330MW in 31st december2008 and also Adani Power developed 4620MW thermal Power project in Mundra which is in Kutch.

Adani Power IPO is the second largest initial public offering of Rs 3000 crore issue after Reliance Power IPO which came in 2008. Market shows that Adani Power IPO over subscription was more than 21 times.

Home Page:
www.adanigroup.com

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