As per moneycontrol QIB is 80 times, HNI is 200 times n RETAIL is 15 times., so if we just calculate them money RPL collected then it will b like this.
for QIB @ 10 % means rs 45 for thier reserved qoata of 36,800,000 share applied 80 times, for HNI lets assume all hv done part payment of rs 115 for their qoata of 22,800,000 share applied 200 times, for retail also assume the all hv done part pay of 115 for their 68,400,000 share applied 15 times. so total money blocked is..
QIB's 36,800,000 X 45 X 80 = 13248,00,00,000 Rs. HNI's 22,800,000 X 115 X 200 = 52440,00,00,000 Rs. RETAIL's68,400,000 X 115 X 15 = 11799,00,00,000 Rs. """""""""""""""" 77487,00,00,000 Rs.
clear ? 77,487 crore rs blocked in just 4 days. and if we assume that only 50 % of above came from mrkt then also its 38743 cr rs.... isnt it reasonable to hv this much droppppppppppp.. ? ur views wel-come..
Guys India Infoline is a big cheat. check ur account those who applied in rel power ipo there application status will not show. infact india infoline will sidelines ur shares in their account without giving anything. please everyone check those who applied through india infoline
chances of getting 15 shares are pretty good for full application,but really bad allotment considering the size of the issue... people were telling 4-5 times oversubscription possible but gosh its almost 16 times...primary market seems to be getting all the attention nowadays , thats the reason for market crashing over the week i suppose... well all good things must come to an end...
reliance energy(rel) has to rise drastically fundamentaly due to reliance power mega issue as rel 's equity is 236.54 crores(23.654 crore shares) & it has got holding of around 1000 crore in rel iance power as it is the promoter ,now issue price is 405/to -450/ in market premium is around 250/-i.e. total rate in grey market is 700/-means gain of rs.69000 crores to rel it has to go to rs.4500/- if relinace powetr inceases it will further increase
everybody note this that rpwl who apply 225 share in any catatgory received 15 share last. and profit between 4000+ assured so dont worry. kyo ki kisi se itni ummed mat lagao ki baad me dhkuh ho.
So the subscription details are almost clear. Now can any one of my friends calculate the listing price of reliance power? What is the percentage probability of its listing above Rs. 800 ?