REC IS A GOOD ISSUE N OF COURSE ITS A GOVT. ISSUE. SUBSCRIBED IT ON LOWER BAND I.E. 90. ITS PRICE BAND IS 90-105.
MOST HAPPIEST THING FOR INVESTORS IS THAT U WILL GET THE SHARES AT THE RATE OF RS. 90 BECAUSE ALL FIIS N HNI'S SUBSCRIBED IT AT RS. 90. SO BE HAPPY INVESTING.
SO ULTIMATILY U WILL GET ATLEAST RS. 15 ON LISTING.
DONT GO ON GREY MARKET , GREY MARKET SITES ARE A FRAUD SITES. JUST REMEMBER " RELIANCE POWER "
WHILE INVESTING JUST LOOK AT THE FUNDAMENTALS OF A COMPANY.
Dear All, this is a governement of india enterprise in the field of funding for Power Projects in Rural India and have already earned 550/- crore profit upto Dec.07 and it is a financially strong company. Promoter of REC is president of India who is more responsible and reliable person than Ambani bro's. Since Fundamental of this company is strong and Price of IPO is attractively price, we should Apply for this IPO
one of the best ipos in the market. it looks like powergrid,it will list on a handsome premium.it will list around rs.165 .i have applied 2 full applications & would advise to all of u to invest in the same. since it is a government company it will fetch good returns and not like reliance power flop show, so a good ipo to invest in . byeeee everbody.
poor ipo to apply overpriced everybody will get full allotment ambanis can protect their ipo with all their might whos gonna support this ipo if it falls below issue price can blindly buy pfc ,power grid at present rates if u still want to buy shares of this company from sec market after the listing WHY TAKE RISK AND LOSE MONEY LET MARKETS STABILISE
hai one more amazing facts that 11 ipo listed during 2008 till date and 9 out of 11 companies are available in discount only two company is quoting at small premium On mobile and Future capital, every company coming with IPO will be looked with suspecion whther it will quote at premium or discount, aab to bede issue ke pitne ka time aa gaya..........................wait and watch
Pramod, r u a new player in IPO? This is very silly question asked by u. Everybody should bid at cut-off price. If u don't hv money then keep urself from IPO
rec is good issue everybody agrees but what return it gives still leaves a big question mark ? when the budget is round the corner and premium still is in the range of 12 to 14 with no firm buyer in sight only fools will apply in this issue. When u can get this issue cheaply in secondary market why invest in public issue. One More big question is that mind u this is not small issue where operator can manage some premium as clearly evident from recent listing, this is 1600 crore issue with lots of allotment will be available to retail investors and after reliance debacle are anyone intered ? Hope retail will subscribe for a paltry gain of rs. 2 or 3 premium or discount
Hi Guys, I think the Onmobile euphoria hasn't settled down as yet. What more we have REC in the offing which i think is available at very attractive price. do not expect 10 fold increase but yes 2-3 times increase in prices within 2 months of listing is pretty gettable.......happy investing
CAN SOMEBODY TELL ME WHY EMPLOYEE'S QUOTA OF REC IS NOT AT ALL SUBSCRIBED (i.e. 00.00 %). Whether it was not offered to public prior to IPO or there are no takers ?
PL APPLY FOR REC.IT IS ON OF NAVRATNA.IT IS GOOD IN ALL PROSPECTS. (MSG FROM BUSINESS WRAP ON DD NEWS CHNL. FROM MR D SUNDRAJAN & DILIP DAUDA, STOCK ANAYLIST)