Guys, Applied for 10 lots @ Rs.36 through ASBA! Letz see... how it goes... I am doing it with both terms... Short as well as Long, so less worries here after investing.
yesterday the issue was subscribed 6.2 times and till now it is already subsribed by 15 times...always the maximum retail investors come on the last day..
Don't compare Reliance power with this IPO at all. It has 5185 MW of operational power and in another 2 years they will be 10000 MW power generation company. Moreover raw material cost is negligible as water is the source and this water resource is not dependent on one bad monsoon as they have sufficient water resources. And that too it is a government company...For reliance power people paid Rs 440 as IPO amount even without single watt of genertation capacity.
Don't miss this oppourtunity. By the time NHPC lists the market may be in a bull phase but even it is in a bear phase this wont go below the issue price.
Retail investor should be cautious as NHPC issue is subscribed only1.2 times for retailers and even it is not fully subscribed by employees. TAKE CAUTIOUS STEPS