Please dont apply for edelweiss ipo. It is expected to be oversubscribed around 20 - 25 times for retail portion as the quantity issued for subscription is very less. Ur money 'll be locked like religare.
even if you apply for edelweiss there is no problem in applying for reliance power because the closing date is around 12th Dec.and by that time you would get back the edelweiss money.
IP address 123.201.4.163 has been posting baseless messages in every forum. Please look into this and stop him from posting baseless messages and misleading people.
In retails, it will be around 10 - 12 times... general trend is that on the last day oversubscription goes up by 7 to 8 times. Worth applying I think. Religare refund amount can be used in this.
I think there is no harm in applying for this one. It'll b closing on 20th Nov and money will be refunded maximum by 10th Dec. so, we can apply for this IPO safely?