Reliance Power Limited IPO Message Board (Page 221)

Hi All,
It IS official now.
Large scale withdrawals resulting in multi allocation for applicants.
The sad part is there will be no PREMIUM on listing.
Everyone is trying to get out of the market at the same time.
Band Aid therapy of US prime rate coming down by 75 bps will not work.The next crisis brewing is auto loans and credit card loans going bust.Like the sub prime crisis this is even bigger.No back up assets at all.

Cheers to all successful applicants.Keep it till 2017 when all of Rel Power projects are supposedly getting completed.

Can anybody tell me which issue is good now a days? In which issue we can earn more money from below?
1. Emaar
2. OnMobile
3. Wockhardt Hospitals
4. Globus Spirit
5. IRB Infrastructure

Plz reply.

if market will green that red and if it is red than green but if you stop than blue and if you buy then yellow and if u sell then red

can any tell when is the allotament of reliance power

Cartoon Network .. need not to worry on stop cheque issue

http://economictimes.indiatimes.com/Reliance_Power_IPO_Banks_face_stop-payment_calls/articleshow/2722576.cms

MUMBAI/AHMEDABAD: The public issue of Reliance Power closed for subscription last week. However, the buzz around it is far from over. According to bankers who are associated with the deal, there have been quite a few withdrawals in the non-institutional segment, which is also popularly known as the HNI (for high net worth individual) category.

Market players said the withdrawals have been on account of two factors: the huge oversubscription and a steady decline in the grey market premium. The massive fall in the secondary market has also played a major role, they said.

“There are enough reasons to believe that many HNIs have issued stop-payment instructions,” said a banker on conditions of anonymity. “It happened in the case of Cairn and now it is happening in R-Power.

The huge oversubscription (in the HNI category) will lead to small allotments, which will make life difficult for people who have leverage to invest in the issue,” he added. The number of people issuing such instructions could not be ascertained.

Nor could the value be obtained. An official who works with one of banks involved in collection of escrow amounts said there have been stop-payment instructions for bids worth around Rs 4 crore. An R-Power official declined to comment on an email questionnaire on this issue.

HNIs typically borrow money at 17-20% to invest in public issues. So, the number of shares allotted and the listing gains play an important role. If both go down, it becomes a loss-making proposition, as the cost of borrowing money or leveraging becomes more than the listing gains.

R-Power’s public issue closed on Friday last week and the HNI category was subscribed more than 190 times. This means an investor bidding for 10 lakh shares would get a little over 5,200 shares. The low allotment is a big blow to HNIs who have borrowed money for one lakh shares.

Such investors could still manage high gains if the stock lists at a massive premium to the issue price, which in this case is Rs 450. If the grey market premium is anything to go by, then the stock is likely to list at a premium of around Rs 200. This is much below the earlier projections of more than Rs 500.

A section of market players are of the view that the recent massive fall could also have triggered a lot of withdrawals, as investors would have preferred to buy stocks at lower levels. In the last one week, the Sensex has lost more than 3,500 points, or 17.4%. Most large-cap stocks have lost anything between 10% and 20%, which provides an excellent buying opportunity with much less risks involved.

Investors looking for a share of R-Power can now may look at Reliance Energy, say dealers. “The stock has fallen by nearly 30% in the last one week and provides excellent buying opportunity,” said a dealer.

Some banks in Ahmedabad are believed to have received calls asking for stop-payment on Reliance Power. Tentative estimates peg the amount of stop- payment cheques at over Rs 100 crore. The final figure would be available by January 23. A few co-operative and public sector banks in Gujarat said that that their branches received instructions for stop-payment for cheques issued in favour of Reliance Power.

The list of public sector banks included Central Bank of India, Dena Bank, Bank of Baroda and Punjab National Bank, while many co-operative banks like Kalupur Bank and Nutan Nagrik Bank also received stop-payment instructions.

An official at Kalupur Bank, which has 33 branches spread across the state, said its Ashram Road branch has received 25 applications. A Nutan Nagrik Bank official confirmed that each of its 18 branches have received three to 15 applications with similar instructions.

Nikunj Patel, a bank employee, said as he was suffering from financial stringency, he preferred to stop payment on the cheque issued in favour of the Futures group.

2690. mayank
I think it will list at 700 and will be draged to 800 and will be stable, this is inference drawn on QIB and FII investment. We will make big, dont bother, retialer wont affect, the market is derived by FII and QIB. We only have to benefit ourself and come out..

My Plan: I had invested 1L in this IPO, if i get 100 I will sell 75 and hold 25 for long term .

With Care
Shoeb

what will happend on listing of rpl
pl replay

i have applied for 225 shares & Rs. 25875 was paid through ch.
how many shares will alloted to me?

Anybody has any idea that when will the allotment be done and
by what date we will get the refund ?

Thanx Shoeb
Lets hope everything goes well , what i think we will
be getting around 150+ shares , yaar just confirm me one
thing that at what price this repl can be listed.

2688. YASHESH VYAS
Thand rakho yaar ..
The issue was subscride 14 times in retail .. even if the appliaction is withdran .. the subscription at cutoff will be more than 7 times , so you may get 20 - 30 shares ..

Dont panic .. everything will be arright
With Care
Shoeb

HI ALL

in my account Cheques has been cleared today...

Can anybody reply me on my query???

There is lot of news about retail investors who have applied for Rel Power IPO are now making stop payment of their cheques.

I want to know after so much of stop payment of cheques, what will be the fianl over subscription figure in retail category of Rel Power IPO and what will be allotment in Retail category ???????

Please reply me as soon as possible.

2686. mayank
Mayank dont be tensed, even I had applied for 848 shares. Just be cool, we will reep good profit, previously as per retail subscription we where suppose to get 50 shares, now we may get 100. On listing we can sell, see previosualy we targeted the premium of 450 rupees, now even the premium is 200 ( not sure) we will still make 450 as we are getting more number of shares ..

Cheers .. and dont be tensed ..
Shoeb

Hello Friends
I have applied for 855 shares in partial payment . How much
should i expect , and what would be the listing price, just a
round of figure. please reply me soon , i m getting tensed.

Thanks and regards
Mayank Goel

What is the share allotment date

There is lot of news about retail investors who have applied for Rel Power IPO are now making stop payment of their cheques.

I want to know after so much of stop payment of cheques, what will be the fianl over subscription figure in retail category of Rel Power IPO and what will be allotment in Retail category ???????

Asian Markets are UP today. Yesterday US market ended in green.
Todya Indian market will see more bounce back

it is no longer U.S is determining the world markets. it is asia determining world markets. if asia falls today, rest of the world falls

Hi All,
Market will be up by atleast 500 Points tomorrow. Dow Jones was down by 300 and it came back 275. Almost 600 point swing.

Remember "If US catches the cold then rest of the world will have fever"

Lets cheer tomorrow.
Thanks,
PS