MUMBAI: The response to the initial public offer of Reliance Power improved slightly on the third day of the issue from the day earlier.
Till 4:00 pm Thursday, the issue was subscribed 20.84 times, according to data available on the National Stock Exchange site.
Against the public offer of 22.80 crore shares, the company has received 475.25 crore bids. Around 41.72 crore bids were at cut off price.
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