Rattan India Power is a fraud company. It came with IPO in 2009 saying it is going to have six power projects totalling 6615 MW. But it has completed only 1350 MW in Nashik where there is no demand. The other projects are scrapped and Nashik is in trouble with no PPA. Sameer Gehlaut, Rajiv Rattan, Saurabh Mittal and Gagan Banga are real frauds because they have given false reports and statements and looted thousands of crores from public and destroyed wealth. They have not invested a single penny and used the Indiabulls brand name to loot money. Was this information helpful? | 
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