Reliance Power Limited IPO Message Board (Page 226)

As per the best of my knowledge making a stop payment when one has applied for an IPO can attract the attention of prevailing laws if the complaintant (read promoters of REPL) is willing to pursue the matter once the cheque( Negotiable instrument) is issued it has become non negotiable remeber cancelling/withdrawing an appication is all together different from making a stop payment because as u have issued a cheque and comittted a certain amount of money to the payee u can not negotiate the maturity of the isntruemnt as it has become non- neogtiable and stop payment is the facility made available for some mischeif as some one has lost the chque9instrument) or there is theft of the chque(instrument) then its for them not for the people who has applied for an IPO and then making a stop payment it amounts to planned fraud and i have already decided to take this matter with SEBI & KARVY as well because then in the future it can be done in very planned manner and the investors could be cheated if this stop payment facility is being misusued so remeber there are good chances of being prosecuted or being declared default if some one involved in such kind of practise.

Intime is "On Time"
I did not belive it on seeing an amount cr in my bank a/c today morning. I checked in In Time Spectrum web site & found that Tata Steel Rights shares & CCPS alloted to me and the balance had been credited in my SB a/c.
In Time seems to becoming "On Time"
I feel that we need not be skeptical of those guys in future.
Rgds, SingS

Has anyone got application # applying thru sharekhan account?
In my case system still showing status as "PROCESSING"

Mr.2589 rajesh,
If you have to post a news/info, quote the source too.
thanks

I NEVER PUT ANY AMOUNT TILL NOW ,I PUT 1st TIME IN MY LIFE i.e RPL. WHERE IT IS GOING TO COLLAPSE ME.

Friends...........
Its strange people spreading news that REPL had gray market discont of 150-200 rupees...........
Who the hell in the world will sell his IPo at that prices........
FIIs wont do it.............they never sell any thing at loss
Retail customers.......beware....dont sell a single alloted IPo below 700

All these rumours are just to cheat retail investors...
so that they part with thier shares and big Fishes can buy them at lower cost and may get more allotments....
Friends dont cancel your application...........
Dont be fooled by the rumors.. its just trick by the some shred clever investors
Markets will bounce off withing 1 week....and reach new highs...

Friends.................
Wasn't a great coincidence that market fell just before the fed decided to cut rates.......
Friends FIIs and big investors have before hand knowledge about all these news....
So they bring the market down so that i can reach new heights...........
If we wouldn't have such a fall, after rate cutes our market would have been highly costly for FIIs and big investors.
So its preplanned and we will see our markets toch new highs before 1st week of February......
Yesterday's fall was mostly due to Future & Option sell off not by sell off in cash market...
People lost heavily in stock Future & Option...........
RELIANCE IPO WILL BE A HUGE HIT JUST CHECK ON................

hi!
all friends

dont worry be happy, aaj nahi to kal sahi bhagwan ka screen pla bi ajjib hai kabi kiso ko manchaha share ka price nahi it time tto upgrade the price of share so be alert.
thanks
vishal aulluck
09876302020

Mr.2589. rajesh
Where do u got these withdrawal informations?

I have news the retails application has withdraw at least 55-60% through stop payment, so every stand investor(225) will get lot of shares like 100 appx. so we are still happy with RPL

rel power is win win for all even those who have intstructed their bank for stop payment coz it will go below its ipo price but u can expect decent return on listing day thats sure.

Well Fed will come out with further announcement on 31 Jan.
Beleave me, the market will remain stable, or gain 8-9%.

So if this issue list on st week of Feb, we will encash gains.

Other thing, to notice. Boss its a game, US wont want investors to run away from him, he will do some manipulation to exclate the recession story .

So dont panic, and invest or sell under pressure. Watch and do it.

With Care
Shoeb

The issue had good response from FII and retailers ..
Well dont bother for listing gains. Think again, applying thru 25K is not a big deal in this market..

Anyway, even if you do stop check, i dont think the other retail investor will be hitted. Well the is subscriber 14 times at Cutoff .. so may be after peoples issue order for stop cheque, may come to 10 times atleast. Hence the stocks will be tradeable on listing day.

With Care
Shoeb

Do not worry for Reliance power IOP listing & allotment becoz so many invester who are flake they remove thier application.So good investor can stay & watch.

Jisne Jisne Reliance power ka payment stop kiya hai unke sir par abse panauti beth na shuru ho gaya hai dekhana. Kyuki Reliance power sirf 3-4 months it will rise to 1400-1600. Ye sab pagal ho gaye the. Bahut Pastayenge ye log dekhana.

Dear 2578,
STOP PAYMENT in regard to IPO will have no legal consequences whatsoever.
This is because, by making payment to the IPO you are offering to buy the shares of a particular company. Only when the company allots you the shares your offer to buy the shares get accepted by the company.
Once the allotment is made, you will not be allowed to do anything. However, so long as your offer to buy the shares have not been accepted by the company (i.e. till allotment of shares), you will be very well within your rights to retrace your offer to buy the shares. THUS, STOP PAYMENT OF CHEQUES ISSUED IN REGARD TO AN IPO will have no legal consequences whatsoever.

Who hv not made stopped payment, don't worry. U will get good returns on listing

is there any legal complication for stop cheque instruction...

tell me more ,should i send a fax to karvy for rejection ?