Really Friends donot apply for this IPO which has very very less chance of allotment... Go for Reliance Power. Donot block your money and latter worry of not applying Reliance Power.. According to Sources Reliance Power will open on 5th December.. We will not get refund by that date... so think twice before you apply to this IPO..
for 152 dear jadugar, its nice to double in 20 days, but if shares are alloted, where is the allotment,it's vert difficult to get shares, ask the people who invested in religare,one person applied 4 maximum applications but not even single share alloted. i applied in religare in 5 maximum applications only 35 shares alloted in one application. if i earn 10000 in religare on investment of 5 lakhs, please calculate how much i will earn, is it double? surely not. also if reliance opens on 5-12-2007, we wont have money to invest.
Thses days small cap and mid cap are on move as if suddenly they have recognised their true worth like Hanuman realised before jumping the sea to reach to Lanka. Inversters attention shifting from IPO to Mid and Small Cap
dear friends. reliance power ipo confirmed opening on 05-12-2007 to 12-12-2007. reliable source from rajkot and jamnagar. also reported on this site and also on one of leading gujrati investment journal. avoid edeweiss capital for the following reasons: [1]reliance ipo is opening keep cash for that ipo. [2]edelweiss is expensive. [3]if u see qib figures and hni figures, first day it was 8 times in both category , second day it is 9.9 times in qib and 8.5 in hni, just to trap small investors the first day oversubscription was fixed, no change in second day figurs. [3] allotment of 8 shares by lottery, if there is correction in market no chance of making money. [4]keep cash for reliance power, huge allotment, huge premium, huge profit plus peace of mind. discaimer: i m not applying edelweiss, i m keeping cash for reliace power ipo, i will apply 5 applications in maximum category of my family members
in addition to what sanjay (136) & amit (131) recited, MFs are also equipped with the benefits of diversification across sectors and now due to global funds - they are diversified to various economies/geographies.
MFs also benefit by way of cost reduction, as otherwise investor need to face demat a/c opening chgs, annual maintenance and brokerage chgs.
At the end of the day I look MF investment as a less-riskier routh of wealth building in medium to long term.....
The grey market premium is between 500 - 800 on listing. As the retail category is not getting subscribed heavily, so it is strongly recommended that everyone subscribes to it in full amounts...