At a price of Rs 547.8 per share, Reliance Power got listed at a premium of about 21 per cent, as against about 70 per cent that Reliance Petroleum got at its listing on May 11, 2006. Both the brothers have gone for IPOs on only one group firm so far since the family settlement in June 2005.

DLF of K P Singh possibly got the lowest premium of below 11 per cent over an issue price of Rs 525 a share, but the real estate giant currently figures among the top ten most valuable firms with its share price having nearly doubling since its listing in July last year.

The response was top-most at a premium of 75 per cent over the issue prices for shares of Edelweiss Capital, Religare Enterprises and Mundra Ports and SEZ.

However, in the case of Reliance Power, the retail investors could take a comfort from the concessional price of Rs 430 on which the listing premium would come to over 27 per cent as against 21 per cent over the issue price.

While pointing out that this possibly could be the lowest listing premium for any Reliance company till now, the analysts said that what is commendable is that Reliance Power was holding near the issue price level despite the turbulence in the market that also saw shelving of two major IPOs, Emaar MGF and Wockhardt Hospital, only last week.

Though the Reliance Power IPO witnessed huge investor interest and was fully subscribed within first few minutes of its book building process, it could not sustain the momentum in Monday's listing and dipped below its issue price.

Reliance Power IPO was subscribed over 73 times while Mukesh Ambani-led Reliance Petroleum IPO was subscribed over 51 times.

Reliance Petroleum received bids for over 2,309 crore (230900 million) shares as against 45 crore (450 million) shares on offer, while Reliance Power received bids for 1,665 crore (16650 million) shares for 22.80 crore shares (228 million) on offer.

Besides, Reliance Industries [Get Quote], the flagship firm of Mukesh Ambani group had come out with its initial public offering nearly three decades ago and since then the company has held massive investor confidence.

Among the top 10 major listings shares of Kishore Biyani-led Future Capital Holdings, which raised about Rs 490 crore (Rs 4.9 billion) through its initial public offering surged over 36 per cent over its issue price on debut trade at the BSE.

The company commanded a market capitalisation of about Rs 5,750 crore (Rs 57.50 billion) in its first day on the bourses. Similarly, brokerage firm Edelweiss Capital, Financial services provider Religare Enterprises and Adani group-promoted Mundra Port and Special Economic Zone Ltd (MPSEZL) witnessed huge response from investors.

All the three firms surged as much as 75 per cent on their debut on the Bombay Stock Exchange.