Reliance Power Limited IPO Message Board (Page 200)

Reliance Power Allotment is expected on Thursday.
The allotment process is given below:
1. 43 Lakh people (retail investors) have been alloted shares.
2. Those retail investors who have applied for 225 shares have been alloted 15 shares each.Out of the investors who applied for less than 225 shares, 4 lakhs investors were not allotted any shares & balance got 15 shares each.
3. Refunds would start on Friday
4. 3 Lakh applications were rejected on technical grounds.

If allotment is firm for 225 shares (15*15) in retail category
what about if u applied for 15*14=210 shares @ cut off price of 450

Power ON Market Gone.

It may list at around 600- 650 and at end of day will touch around 900. All the best.

ITS A TOTALLY FRAUD BY ANIL AMBANI. WTS DOES ITS MEANS SHARES R NOT ALLOTED TO THOSE INVESTERS WHO HAS BEEN APPLIED LESS THAN 225 SHARES. THIS IS TOTTALY BENEFITED TO ANIL AMBANI ONLY NOT TO REAL INVESTERS WHO HAVE BEEN APPLIED LESS THAN THEN 225 SHARES. TOTALLY FRAUD BY AMBANI THIS DOESNT EXPECTED FROM RELINACE GROUP OF COMPANY

3106 Prasanna
Currently market is testing its stability. Nothing is sure for now. It may pick up after Reliance Power refund and then by the end of February during the budget. If FED (USA) cuts 25 basis points interest rates today, tomorrow there will be some improvements in the market. Overall, Indian growth story is intact.
You can concentrate on Power Sector, Infrastructure Sector and Telecom sector.
From long term perspective, you can buy the following stocks on the recommended target price:

Ashok Leyland 32
TVS Motor 32
Tata Steel 625
Ambuja Cement 90
DLF 650
GMR Infra 150
ICICI Bank 900
SBI 1700
Powergrid 90

Instead of above, I strongly recommend to go for Mutual Funds.

Hi Everyone,
Do not be misguided, please read the following:-
Rel Power to wrap up allocations on Thursday

Press Trust of India / Mumbai January 30, 2008



Anil Ambani Group firm Reliance Power, which had come out with the country’s biggest ever IPO, is expected to complete the allocation of shares tomorrow and commence refund of excess application money (about Rs 1 lakh crore) on February 1, banking sources said.

After the listing of the company on the bourses, Reliance Power would have about 43 lakh shareholders.

Successful retail applications in the IPO would get about 15 shares each, merchant banking sources said. About four lakh applications for less than 225 shares of Reliance Power would not get any shares, sources added.

RELPOW allotment on 31 Jan and listing on 06 Feb 08. Good luck 4 all allotted.

3105. Kamal ...Thanks kamal

I want to invest in 4 companies (each company 2lacs).
I need to recover 4 lacs from these four scripts...
Please guide me....

Thanks
Prasanna

3101 Shilesh

I read that nearly 4 lakh investors who applied for less than 225 did not get allotment. Its not that all who have applied less than 225 shares did not get allotment - all those who have applied at cut-off should have equal opportunity to get allotment.

relpower - 43 lakh applicant get 15 share, application applying less 225 share not to get alloment, REFUND TO START FROM FRIDAY

NO ALLOTEMENT IS OUT YET NOW PEOPLE R MAKING FOOLS OF OTHERS EVEN THEY DONT KNOW HOW MANY SHARES THEY HAVE BEEN ALLOTED TO THEM HAVE SOME PATIENCE WHO HAD APPLIES 225 SHARES THEY LL DEFINATELY ALLOTED MINIMUM 16 SHARES ENJOY

Dear All,

The flash news on CNBCTV18 is all those retail applicants who have NOT applied for the maximum allotment(worth 1 lakh=225 shares with 20 rupees discount) will not be allotted any shares. In other words, to be allotted shares, you one needed to apply maximum for retail that is 1 Lakh rupees. Some 3000 applications have also been disqualifed. Refunds are expected by friday

Cheers for all those who have applied for shares worth 1 lakh rupees=225 shares assuming that there is a 20 rupees discount
and best of luck.

Dear friends

In the Retail category all eligible applications got 15 shares each.
just announced in CNBC TV18.

http://203.199.177.158/ipo/ this is the side where allotment will come but still now not come

PL CHECK MY STATUS FOR RPOWER APP.NO. 64686180 AND 64686082

Dear All,

Has the allotment come out for Reliance Power
If YES then where to check it.

Kindly pass on the link.

Tnx,
Prakash Solanki
Ahmedabad

Hi Everybody,

Reliance Power Allotment is expected on Thursday evening or positively on Friday according to the registrar Karvy. According to CNBCTV 18 and NDTV Profit:

1. 43 Lakh people (retail investors) have been alloted shares.
2. Only those retail investors who have applied for 225 shares have been alloted 15 shares each.
3. Refunds would start on Friday
4. 3 Lakh applications were rejected on technical grounds.

So it is only 15 shares for those who have applied for 225 shares.

just see CNBC AWAZ the line is flinking that only who applied 225 share is that get some share

DEAR AVDHUTH
WHERE FROM U HAVE COLLECTED THIS INFORMATION.WHY ARE U SPREADING RUMOUR.THIS BOARD IS ONLY FOR GENUINE INVESTORS.

pl. let me status in repl
45609216,82484406