{"id":357550,"date":"2020-06-16T10:32:35","date_gmt":"2020-06-16T05:02:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=357550"},"modified":"2020-06-16T10:54:10","modified_gmt":"2020-06-16T05:24:10","slug":"reliance-industries-partly-paid-share-price-more-than-doubles-on-debut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-partly-paid-share-price-more-than-doubles-on-debut\/","title":{"rendered":"Reliance Industries&#8217; partly paid share price more than doubles on debut"},"content":{"rendered":"<p>Reliance Industries\u2019 partly paid (RIL PP) shares (with a face value of Rs 2.5 each) \u2014 issued as part of the Rs 53,124-crore rights issue \u2014 made a stellar debut on Monday with the scrip ending at Rs 698, more than double the issuance price of Rs 314.25. RIL fully paid (RIL FP) shares (with a face value of Rs 10 each) ended at a lifetime high of Rs 1,615, surpassing the previous high of Rs 1,610 made on December 19 last year. At the last closing price, the intrinsic value of RIL PP works out to Rs 403.75, a fourth of RIL FP. <\/p>\n<p>The strong debut of RIL PP follows a huge response to the Mukesh Ambani-led firm\u2019s rights issue, which saw more demand than the shares on offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries\u2019 partly paid (RIL PP) shares (with a face value of Rs 2.5 each) \u2014 issued as part of the Rs 53,124-crore rights issue \u2014 made a stellar debut on Monday with the scrip ending at Rs 698, more than double the issuance price of Rs 314.25. RIL fully paid (RIL FP) shares (with a face value of Rs 10 each) ended at a lifetime high of Rs 1,615, surpassing the previous high of Rs 1,610 made on December 19 last year. At the last closing price, the intrinsic value of RIL PP works out to Rs 403.75, a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-357550","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=357550"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/357550\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=357550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=357550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=357550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}