Anil Ambani group has decided to give surprise gift to its investors. It is announced on Sunday that all share holders will be provided with free bonus shares except promoters of Reliance Power.

Company said that the board is planning to provide free bonus shares on 24th February, Sunday. Expenditure would be handled by the promoters. This will benefit 40 lakh investors of the group. Board will also think about to how the investment of shares of Reliance Power can be reduced as compared to price of IPO for the retail investors.

It is known that the IPO costs Rs. 430 per share for retail investors while Rs. 450 for institutional and other investors. Share listing started at Rs. 547.80 while it was 32% less at the end of the day.

Reliance IPO was over on 18th January and got a very good response from public. It has changed the market condition drastically. All stocks slides to 15-20%. Main socks of the country have shown a fall of 20-40%. According to global trend, Shares of Reliance power closed below IPO price after listing. After opening of IPO on 15th January, Sensex have shown a fall of 13% while for retail investors stock of reliance Power is only 11% less than IPO. For other investors this reduction is up to 15%.