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Will You Apply For Rel Infratel Ipo?

Discuss Will You Apply For Rel Infratel Ipo? at the Initial Public Offers (IPO's) within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Well, unlike Rel Power which has no operational power plant, the Rel Infratel is pretty ...


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View Poll Results: WILL YOU APPLY FOR REL INFRA TEL IPO?
NO 13 39.39%
YES 20 60.61%
Voters: 33. You may not vote on this poll

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  #21  
Old 20th February 2008, 02:25 AM
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Default Re: Will You Apply For Rel Infratel Ipo?

Well, unlike Rel Power which has no operational power plant, the Rel Infratel is pretty much established. According to the Reliance Sources the capital raised through IPO would be primarily used for the establishment of the Reliance Towers which would eventually boost the market share of the Reliance Tele Communications. The fundamentals of the IPO seems to be very strong comparing to the Rel Power.

Hence I would go ahead with the IPO subscription.

Sadanand.
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