Reliance Power Limited IPO Message Board (Page 235)

GREY MARKET PREMIUM OF RELIANCE POWER IS IN DOWN
NOW IT IS SETTLED ON 19.01.2008 @ 250 PER SHARE
WHICH IS VERY LOW

DrRPReddy: You will get around 100 to 115 shares, only if you have applied under retail category with various D-Mat accounts.
If under HNI then 1680/190 and the amount for this divison is even less than the minimum lot size and hence might not get even a single share.

DrRPReddy: You will get around 115 shares.

Please tell me how much rpl ipo i will get for 1680 ipo?

Reliance power IPO which enede today got subscription only for 15 times on the retail side and so it will be firm allotment of 15 shares to all the retailers who had applied for 225 stocks , and the way how it has subscribed on the qib and fii side the stock will list at 300 to 400 rs premium , though the grey market price is coming down still we can see spme good return in the listing price , it will be a good return of investment .The listing might happen anywhere in 2nd week of Feb

hello 2402. neeru
25% upper circute is only for those ipo's less or equal to 250 crores

Hi,
Will you pl help me out how to check the IPO ALLOTMENT STATUS online?

Regs,
Balu

i hv heard rpl premium less than 100 rs is it true plz someone reply .

Yes Dineshwar, you can get listing gain. As the retail has been subscribed by less than 15 times, so you will surely get at least 15 shares. Since 15 shares cost 15x(450-20 discount)=6450, and you have already paid up more than 6450, so you can sell the shares on listing gains. This fact is clearly stated in the Red Herring Prospectus of RPL IPO that if the amount of shares allotted is more than the total amount paid, the shares will get locked. Similarly, it is also written that if the amount of allotted shares is less than the amount already paid, the shares can be sold on listing date itself.

I have applied for 225 shares with partal payment25875/-. Can I gate listing gain?

ULTRA MEGA POWER PROJECTS PLAN STALLED
NEW DELHI: In what appears to be a major setback for the power sector, the Union government’s ambitious dream of setting up 10 ultra mega power projects seems to have been grounded, at least for now. In fact, the Tillaiya project in Jharkhand could well be the last of the ambitious ultra mega power projects the government would invite bids for.

In an internal report, the government’s standing committee on energy on the ultra mega power project has indicted the Central Electricity Authority (CEA) for not giving a serious thought before selecting the project sites for the 10 proposed 4,000-mega watt ultra mega power plants to be set up by private firms.

According to sources, the government had set a target of finalising all the bidders before the end of the last calendar year. It has, however, managed only three — with the fate of the rest hanging in balance.

If all the 10 UMPPs had come up, they would have brought in an investment of a whopping $34.5 billion, if you take $3.5 billion as an average investment for one such big project.

In its bid to boost power generation and to meet power shortages in the country, the government has sought private participation for setting up these ultra-mega power projects of 4,000 MW each in the country. It would have also aided the government plans to add 1,00,000 MW capacity during the Eleventh Five-Year Plan period.

Of the sites already selected for the power projects, only Sasan in Madhya Pradesh, Mundra in Gujarat and Krishnapatanam in Andhra Pradesh have been allocated to the winning bidders.

Power ministry sources said that the rest of the sites — identified at Akaltara in Chattisgarh, IB Valley in Orissa, Cheyyur in Tamil Nadu, Tardi in Karnataka and Girye in Maharashtra — were not found to be conducive for UMPPs

ANIL AMBANI PLEDGES SHARES TO ALL RETAIL INVESTORS

MUMBAI: It may have been a chance remark. Said at the spur of the moment without contemplation. On the other hand, it may not have been so on-the-spot. Just hours after pulling off the largest ever IPO subscription in global capital market history, Anil Ambani, chairman of ADAG, was at a press conference tackling the ticklish question of whether he is likely to overtake elder brother Mukesh Ambani in the richest Indian sweepstakes.

“The media seems to be more interested in this than anybody else. In any case, if you look at Indian history, the elder brother always stays ahead in the race,” Mr Ambani quipped.

A short look at numbers will tell why Mr Ambani can afford to be in a jocular mood. Two years after being formed, the Reliance ADA group is likely to emerge as the country’s second-biggest business group with a market cap of $100 bln (which includes Reliance Power listing at the IPO price of Rs 450 per share).

His own personal wealth has also been trending skywards and is set to rocket further after the Reliance Power listing. Reliance Power’s market cap alone is set to be more $25 bln, making it one of India’s biggest companies.

A day after creating history by attracting bids for shares worth over Rs 7.5 lakh crore for its IPO, Anil Ambani’s Reliance Power is now working on allotment of shares to maximum number of retail investors.

“Our endeavour is to allot shares to each and every retail shareholders who have applied for the IPO. On listing, Reliance Power will be amongst the top 10 listed companies in India and will have the largest shareholders across the world,” he told on Saturday.

This will be the second bonanza for the 50 lakh retail investors who have applied for a slice of the $3 billion IPO, largest maiden issue in the Asia Pacific power sector. The first one was a Rs 20 discount on the sale price. The issue price is fixed at Rs 450 a share and it is expected to be listed in early-February on the stock exchanges.

Mr Ambani’s penchant for retail investors is well-known. On the day of kick-starting the road show for the IPO, he had said he would have sold the entire issue to retail investors, had it been allowed. Even in that case, the issue would have subscribed four times.

In addition to the record participation by retail investors, the issue created a whole lot of new milestones. For instance, it got subscription worth over $100 billion from foreign investors, which is nearly 40% of India’s current forex reserves. The entire foreign institutional investors’ (FIIs) contribution to the Indian market was $20 billion last year. As many as 500 domestic and international QIBs (qualified institutional bidders) applied with a combined $125 billion, another new high in India.

“Record subscription achieved in the midst of global and domestic meltdown in stock markets during the week. The Dow Jones index has fallen 4.2%. London index fell down 4.1%. Hang Seng witnessed a 4.8% fall. During this period Sensex has fallen 8.3%. We appreciate the confidence of the investors in Reliance Power,” said Mr Ambani.

At Rs 450 a share, the market cap of the company works out to be $25.88 billion, taking the total M-Cap of the group to $100 billion. This will make it the second largest group in terms of M-Cap, overtaking the Tata Group.

Interestingly, the group’s M-Cap was just $4 billion when it was born out of a de-merger of the Reliance group in June, 2005.

Hi RC / tripathimanu,
I am not backing up tripathimanu but think about his statement positively. There is a deep though behind what tripathimanu said.

If you looked at the history of stock market rallies, they always ended with a painful small investor’s losses. These small investors are the people who do not have basic understanding of this stock market. They invest there hard earn money blindly on brokers tips and stuck with there investment when market fall. They even invest in companies whom they never heard off just on some tips.

I am sure tripathimanu is referring to these investors as panwala’s. And its fact that when people who do not have basic understanding of stock market start talking about investment in stock market in big way, you should start pulling out your short term investment.

I may be wrong and it’s my view. Comments are welcome.
Vikky

To tripathimanu -
With due respect to your guru, what is wrong if panwala, chaiwala, rikshewala are applying ? If you start leaving the level playing field, you will be running only from lampt to post.....
I know I should not comment on your opinion, it's your opinion, but that's your personal view and so keep it to yourself and do not impose that on public... this forum is for educating investors and discussions, not to think abt someone's guru view on racism.

Reliance Power IPO issue price at Rs 450

Assurance on allotment to retail investors

i wonder if many ppl here hv even gt d basic knowledge abt IPO'S. GUYS FIRST OF ALL LEARN HW ALLOTTMENT METHOD IS DONE. IF RETAIL CROSSES 15 TIMES DAN D RATIO SYSYTEM CUMS FOR FULL APPLICATION BT AS ITS BELOW 15 TIMES THEY WILL GET 15 SHARES FOR SURE.
SECOND - READ THIS
At the time of allotment:
If the amount paid by the Bidder is equal to or higher than the total amount payable (being the Issue Price multiplied by the number of shares allotted) by the Bidder on the Equity Shares allotted to the Bidder, company reserve the right to adjust the excess amount towards the Balance Amount Payable and issue fully paid Equity Shares only. The excess amount, if any, after adjusting the Balance Amount Payable shall be refunded to the Bidder (i.e., Refund = Total amount paid on bidding minus the total amount payable on the shares allotted).
If the amount paid by the Bidder is less than the total amount payable by the Bidder (being the Issue Price multiplied by the number of shares allotted) on the Equity Shares allotted to the Bidder, company reserve the right to adjust the excess of the amount received from the Bidder over the Amount Payable on Submission of Bid-cum-Application Form towards the Balance Amount Payable and issue a Call Notice for the balance.
The notice of the Balance Amount Payable will be published in two widely circulated newspapers (one each in English and Hindi) and a regional newspaper along with the statutory advertisement for the Basis for Allotment..
CONSIDERING THIS FROM THE PROSPECTUS ITS SIMPLE - MORE THAN 15 SHARES U WONT GET SO U CAN SELL ON LISTING DAY.. SO APPLY LOGIC N CALCULATIONS B4 POSTING RUBBISH ANALYSIS WHICH MISGUIDES INVESTORS..
HAPPY LISTING
CHEERS!

Hi
Reliance Power Limited IPO finally oversubscribed by 73.04 times. Retail section of this IPO subscribed 14.8716 times. Retail investors who applied for 15 lots (225 shares) will get 15 shares or more.
Cheers!

if according to 2390 if the total applications in retail were 19.5 lakhs , the the allotment per application is an average of 35 shares right, but then how can it be 14 times oversubscribed??

Can someone tell me why HDFC Sec. site does not have this IPO for Online Application
J. Kumar Infraprojects Limited IPO is it possible for these people not to put for application strange.

surprise to all
rpl will be listed on 25% uppper circuit. not a 900 to 1000