TRUE PRICE OF RELIANCE POWER IS 40 TO 45 , RPL HAVE TAKEN TEN TIMES MORE MAKING FOOL ALL THE INVESTORS.NTPC WITH 28000 MW INSTALLED CAPACITY IS AVAILABLE AT RS 200 NET PROFIT RS 1700 CR FOR Q3, COMPARED TO RPL'S INSTALLED CAPACITY OF 0 MW WITH NIL PROFIT FOR CURRENT YEAR , EVEN FOR NEXT THREE YEARS NO CHANCE OF ANY TOP LINE OR BOTTOMLINE, EXIT EVEN YOU GET RS 10 PER SHARE ON LISTING
Somehow i also feel that delay is DELABRITY. Reason may be what mentioned below. Another reason can be that Karvy site can come down due to excessive hit for ipo status. To avoid all that, they might be intentionally delaying the ipo status.
sir, I have applied for 225 shares of relpow IPO & I have paid Rs.25875/- on 16.1.2008 vide application no.11202541. Please let me know my allotment & refund status.
The Delay is not due to technical hurdls or size of applicants but it is being done DELIBRATlY. They will just releae the allotment on saturday/sunday night. Listing is on Monday i.e.4th Feb. so that retail investor start selling huridtly as per prevailing violaitle market conditions. It is a move aimed to flush out extraoridinary number of retial investor from the company. - GS Kooner