Adani power ipo | Adani power grey market price
Adani power ipo in grey market is quoting at premium of Rs15 i.e. if adani power ipo issue price is Rs100 then it will list at Rs115.
Adani power will close for subscription today at 3pm so apply as much as possible for listing gain. according to CNBC Adani power will report Rs2500 cr. profit in FY12, so with listing market capitalization of Rs22000 cr. itwill have reasonable P/E of 8-9 for long term investor.