$2 Billion IPO Collected $200 Billion. Stocks Crashed.

Discussion in 'Wall St. News' started by PaperWood, Aug 1, 2012.

  1. PaperWood

    PaperWood

    Reliance Power IPO collected $200 Billion when the IPO was for $2 billion only. Indian stock market crashed because of Reliance Power IPO 4 years back. The stock price fell from Rs 450 to Rs 100.

    Blame Reliance Power in India for today's massive power failure.