BACKSTORY: The RPower IPO debacle - CNBC TV18
Jun 14, 2021 · In the five weeks following the January 4 announcement of the RPower IPO and its listing on February 11, Sensex had dropped by 4000 points. The company believed there had been foul play and even filed a complaint with market regulator SEBI for investigating a …
Reliance Power shares plunge 5% as SECI bars firm from
5 days ago · Shares of Reliance Power fell 5%, closing at ₹41.58 apiece on the NSE as of Friday morning, compared to a 0.1% drop in the benchmark Nifty 50 index. Over the past 12 months, the stock has gained 103%, with a 78% increase year-to-date. The relative strength index currently stands at 48. Reliance Power Ltd. was barred by SECI from bidding in ...
Anil Ambani's Reliance Power stock down due to SECI ruling?
Reliance Power Share Price: Anil Ambani-led Reliance Power stock hit 5 per cent lower circuit in Friday’s trade and closed at Rs 41.47 apiece on BSE. In the last one week, the Reliance Group ...
Reliance Power Share Price: Reliance Power shares hit 5% lower …
5 days ago · Shares of Reliance Power cracked 5% to hit their lower circuit at Rs 41.47 on the BSE after the company along with its subsidiary Reliance NU BESS were debarred from participating in Solar Energy Corporation of India’s tenders for three years for allegedly submitting "fake documents" as per an official document. “Based on the examination of documents submitted by Maharashtra Energy ...
Reliance Power to legally challenge Indian clean energy agency's …
6 days ago · Nov 7 (Reuters) - India's Reliance Power (RPOL.NS), opens new tab said on Thursday that it will legally challenge a three-year ban by the country's top renewable energy agency from participating ...
Reliance Power Fake Tender: SECI bars Reliance Power and …
5 days ago · New Delhi: The Solar Energy Corporation of India Limited (SECI) has debarred Reliance Power Limited and its subsidiary, Reliance NU BESS Limited, from participating in its tenders for three years after discovering irregularities in a document submitted by the company during a recent bid for a large battery energy storage system (BESS) project. The ban, which took effect on November 6, 2024 ...
issue of Reliance Power Limited, In-dia, was oversubscribed 73 times and garnered an astronomical $190 billion. It created many world records. It was the largest subscription of any IPO (initial public offering) anywhere in the history of global capital markets with a record five million applicants. It became 10 top listed
10 years after RPower listing: Busting many myths
Feb 9, 2018 · The IPO of Reliance Power had generated bids worth over ₹7 lakh crore and the issue got subscribed by more than 72 times. Anil Ambani-controlled RPower had fixed the issue price at ₹450 a share...
Analyst who called the Reliance Power debacle has this to say …
Nov 24, 2021 · When companies with fictional business models, empty balance sheets and bleeding P&Ls seek steep valuations, it should send the alarm bells ringing. This has been the case, in the past, with IPOs...
Reliance Power Ltd (RPOWER) Stock Price & News - Google
Get the latest Reliance Power Ltd (RPOWER) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
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