Reliance Power coming Feb March November 22nd, 2007 Reliance power is not coming this year. SEBI has some problems with its prospectus and Reliance Power and Mr Anil Ambani group has to clear all the doubts.
So if everythings goes in the right way, Reliance Power may come next year Feb-March.
Subscription is not so good because it is a relatively bigger issue. Fundamentals of this issue are strong and price is on cheaper side so it is a good buy and worth applying for.
Its a huge issue and 5.85 times is not something negligible. Its very cheap issue with PE 6. All experts in the market recommended this issue. It is expected to be oversubscribed by 15 times.
subscription is not so good it subcribed nearly 1.95 in retail n 5.83 overall @ 12 avoid this issue. anyone not knows where the market after 20 days. n we well known about the registrar is bigshare who make the allotment in 30 days........
its not a great issue beware of this n market is crashing so keep ur money in ur pocket.there is 4.4% crash in shanghai indicies today n indian market is also crashing. in make of small money u lost a big money in a market