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An IPO (initial public offering) is a matter or an application by a company to the public in the form of

usual stock or shares. They are frequently offered by new and medium sized firms looking for funds to
grow. The Indian government has been playing hands-on role in the real estate market. Most IPOs are of
the firms that practice fleet growth, and they are hence permitted to supplementary indistinctness related
to their future performance. Listed below are some largest IPOs in India, take a look!

Coal India Limited

The world's largest coal miner company, Coal India Limited is an Indian state-controlled company
headquartered in Kolkata, West Bengal. It was previously owned by the Union Government of India,
under the administration of Ministry of Coal. It is basically involved in coal mining g and production
industry. The company was ranked as India's most valuable company by market value. CIL made its first
initial public offering (IPO) in 2010 and got subscribed 15.28 times, collecting a record over 2,40,000
crore- the highest IPO subscription till date. On its first day of listing on the Sensex, the stocks for the
company closed at 40 percent higher than IPO price. The largest public offer from the company rose up
to 15, 000 crore. The shares of Coal India Limited are trading at 327.00 at the stock market today.

Reliance Power

Reliance Power, promoted by Anil Dhirubhai Ambani, went for an IPO with a bang on January 15, 2008.
It received around 3.1 million applications, the highest number of applications ever received. The
company offered equity shares at a price band of Rs 405-450 per share. On January 15, 2008, the
company attracted $27.5 billion of bids on the first day of its initial public offering (IPO), equivalent to
10.5 times the stock on offer, thereby, creating India's IPO record. The upper cut off price for the bid
was 450. The proposed IPO was to fund the development of its six power projects across the country
whose completion dates are scheduled from December 2009 to March 2014. A media report suggested
that, if the company's stock price were to cross 650-700, Anil Ambani would go past L. N. Mittal to
become the richest Indian. "It is a reflection of world community in the future of India... Investors seem to
be confident in the future of Indian economy," Indian Finance Minister, P. Chidambaram told the media
about the IPO. The Securities and Exchange Board of India, an association that regulates the activity in
the Indian stock market, placed some restrictions based on a complaint about the formulation of the IPO.
The complaint also resulted in a public interest litigation being filed against the company. However, the
Supreme Court of India passed a ruling that the IPO would go ahead even if any order is passed by any
Indian court against the venture. Reliance Power made its first appearance on the stock markets on
February 11, 2008. However, the markets were still reeling after the January 2008 stock market volatility,
and concerns over speculation that the issue was overpriced sent the stock plummeting soon after its
listing. At the end of the day, the stock traded at a value that was 17 per cent lower than its issue price of
450. Investors who were betting on the stock reaching 1.5 or even twice its issue price lost a fortune in the
process. The shares of Reliance Power are trading at 99.65 at the stock market today.
Oil and Natural Gas Corporation

Oil and Natural Gas Corporation, is an Indian state-owned oil and gas company headquartered in New
Delhi, India. ONGC public offerings opened on March 5, 2004. It is India's one of the largest Asia-based
oil and gas exploration and production company. The oil production is around 77 percent of India's total
crude oil production and produces around 81 percent of natural gas production. ONGC is among the
largest companies to be traded publically by market capitalization in India and the largest India based
company measured by profits. Prior to Reliance Power IPO was launched, ONGC was the largest IPO
offering was the largest IPO by any company ever in the Indian capital markets with 142.59 million shares
being sold through the book-building route in a price band of 680-750. The ONGC shares trades at
284.70 today.

DLF

DLF Universal went for an IPO on June 11, 2007 and closed on June 14. Though planned for June 2006,
the IPO ran into uneven course as some investors made cheating allegations against the company. The
issue was solved as DLF filed a new prospectus with the Securities and Exchange Board of India and soon
after that it received Sebi approval for the same. The company's $2 billion IPO in July, 2007 was India's
biggest IPO in history. The company reported a turnover of 3, 120.98 crore and profits after taxes of
1,515.48 crore, in its first quarter results for the period ending 30 June 2007. The IPO of DLF was placed
between 500-550. The issue rose about 9, 188 crore and was oversubscribed 3.45 times. The DLF
shares are now trading at 229.60.

Cairn India

Cairn India was listed on 9 January 2007 on the Bombay and National Stock Exchanges. The company is
ranked as the fourth largest oil and gas Company in India with the market capitalization in excess of $6
billion. The IPO of Cairn India is till date the largest in Indian primary equity markets. The company
entered the Indian capital market with a public issue of 328,799,675 equity shares of 10 each at a
premium decided through a 100 per cent book-building process. The share was issued in a price band of
160-Rs 190. IPO funded for the construction and development work for the oil major's Rajasthan oil field.
About 5,788 crore was raised by the company through the IPO. The share price of the company today
is 366.05.

Tata Consultancy Services

It is the second-largest India-based provider of business process outsourcing services. TCS has been
ranked 20 in the list of top companies of India, by Fortune India 500 magazine. The IT company offered
5.54 crore equity shares of Re.1 each including fresh issue of 2.27 crore shares during its intial public
offering through a book-building route. It was a record as the IPO was oversubscribed by 6.69 times and
applications around 34, 000 crore were received against the issue size of 5000 crore. The company
raise about Rs 5,420 crore through the IPO. The shares of Tata Consultancy Services are trading at
1202.00 at the stock exchange today.

Reliance Petroleum

The bidding for Reliance Petroleum was opened on April 13,2006. With the price band fixed at 57-62,
the bidding closed on April 20,2006. It was after 1993, that a petrochemical major came out with an IPO.
Equity shares for subscription worth 2,700 crore was raised by the company. The company raised
2,700 crore through IPO. The original RPL was merged with Reliance industries in 2002. It was the
largest IPO to hit the Indian capital markets.

National Thermal Power Corporation

National Thermal Power Corporation issue opened at October 7, 2004 and closed on October 14. The
equity shares of 10 each was offered as a public issue by the National thermal Power Corporation. It
offered 865,830,000 equity shares in a price band of 52-62. The company made issues through 100
percent book building process. 10.5 percent of NTPC's enlarged capital was at offer. The issue raised
about 5,368. The company is trading at 175.50 at the stock exchange today.

Idea Cellular

Idea Cellular, regularly referred to as Idea, is an Indian mobile network operators based in Mumbai,
India. It is the 4th largest wireless carrier in Indian market with over 100 million customers and also
provides broadband Internet to its customers. Idea cellular entered the market with an initial offering
combining to 21,250 million of equity shares of 10 each. The issue was oversubscribed 49.51 times. The
price band for the issue was between 65-75 per equity share. The company today is trading at 93.00

Jet Airways

Jet Airways received an awesome response on the very first day, when they went for initial public
offerings on February 18, 2005. It just took five minutes amd the issue was fully subscribed and was
oversubscribed 4.4 times. The company got 7.5 crore bids for t5he 1.72 crore shares that were offered at a
price band of 950-1,125. The company raised Rs 1,899 crore (Rs 18.99 billion) through the IPO. The
offers oversubscribed were almost eight times. The share prices of Jet Airways are trading at 341.2 today.

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