2811-Ramanna, you are absolutely right. Not only Reliance MF, he will prop up several other companies like Reliance Radio, Relaince Entertainment, Reliance Textiles, Reliance Vests and Briefs, etc, etc....Ahyways, he is good in collecting the money from public. But the execution part, ONLY GOD KNOWS.....
Anil Ambani is laughing all the way to the bank.Only 11000 crores in the bank at his(Rel Power) fancy and disposal.Why is he collecting all this money upfront for anticipated expenses that run till 2017.They will prop up another group company Reliance mutual fund by investing the tiny IPO proceeds of Rs 11000 crores. He is the real benificiary from the issue.He is a smart guy.
Aam Junta ke liye, loss on listing.When it is to list BSE sensex will be 17500/18000.Today markets are already down and could hit a loss of 1000 points.
Add to this all the retail investors who want to make a klling in REl POwer as soon it opens and the HNIs who have applied with borrowed money.
Who wants to buy REL Power at a premium when the issue price itself was not justified.
All you lucky people who get allotment can keep it till 2017 when the projects are likely to be completed.All the best.
You might have read that for Sasan UMPP(Ultra Mega Power Project) of 3000 MW allotted to our stock market Hero Anil's company,there is a problem with the land.This is only the beginning of all the project delays.RPL is talking of 28000 MW by 2017!!without anything in place, except the RELIANCE name.There is no land,no machineries,no staff,no fuel to run the power plant.The Sasan project has already been around for 5 years and is yet be off the ground.Imagine the delays for nearly 10 times its capacity running without a hitch.Do you think setting up the Power plants of that size is as easy as filling an IPO form???
And you people want to make a killing on RPL listing.High Hopes!!Height of anticipation.Consider yourself lucky if you can protect your principal.Or else happy exit from RPL in 2017, which is only 9 years from now.We are aware that all of you are long term and value invetors who are not worried with these small details of sensex falling 1000 points a day or it reaching 15000 or 16000.Lucky retail investors.
Their is no need to create panic regaring the IPOs , market is always going up and down,it can be stable actuall what I feel is investing in IPO is much better opetion then investing in property like HUDA, PUDA and other state owned commission are offer to public on upfront deposit of 10 % of property value.
Do invest in market. Higher the risk higher the return. And remember their nothing better then free lunch and I dont think we are beggers to get it free.
Enjoy market risk and make your life confident enough that you will earn the desired profit.
Dear shubhan, Don't give wrong information. I have checked that site and I can't see the Reliance Ipo in the company list. Please make sure, before u write something.
You have made a big mistake. U should have just made the stop payment of Rel Power cheque and invested when the market hit the lower circuit. U could have easily earned around 30 - 40 % in a single day.
Hi guys what will happen tomorrow ? Will FED and RBI cut the rates ? Will it improve the market sentiments? I don't think there will be beeline for all the upcoming IPO's. So will that money come into secondary market ? Can the expert here, can throw light on these issues ?
market under bearish grip now.Refund from repl will make market move up.SO market will again be bullish from second week of february 08. Till than buy share with strong fundamental from secondary market at dips.
Hi,as we all know that many people have done stop payments for REL POW IPO and that to the retail investors,so is there any chance for the remaining retail investors who have applied for 225 stocks to get more than 15 stocks??? and when is the allotment going to be out