Read a good article about forthcoming 2 IPOs...
http://www.forum4ca.com/archives/2008/01/08/ipo-dilemma-%e2%80%93-reliance-power-future-capital/
I am not sure about Future Capital.
But for sure Reliance Power will be worth applying from longterm perspective.
IPO - Initial Public Offering, first time a company sells it's stake to public and raises money.
One of the best ways for first time investors to enter into stockmarket is through IPOs...
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