Reliance is turning out to be Mr.Reliable

Reliance concluded  its IPO on the 20th of april through a 100% book building process .The IPO was basically meant for the export oriented Jamnagar refinery plant that is being proposed to be set.The book building exercise was held at the NSE.A total of 45 crore share will be issued to public and 90 crore share were meant for promoters contribution. 

Reliance going strong -BSE 976.55 INR NSE 977020 (INR)