My advice to all ICICI direct users will be to logon website before 08.00am on listing day, as this website was down for past 4 IPOs.... Incase of REL POW retail investors need to sell on listing day itself and collect whatever listing gain possible. you may enter the stock later when the price is justified. All the best.
Latest RPL News Total Issue Size 228000000 Total Bids Received 16513050900 Total Bids Received at Cut-off Price 839969940 No. of times issue is subscribed 72.43
According to SP Tulsian, the listing price would be around Rs. 430. Please withdraw/cancel your application, if possible.... further Latest Grey market premium is down to 250 as even sensex is down to 19546 down -244.22 points
Even god dont know at what price reliance power will list. I know Mr. Tulsian is a good equity analist. But on what grounds has he concluded that it will list around Rs. 430 ? As per provisional data it seems that the overall subscription will be 90 times. Retail will be about 15 times. QIB & Non-Inst ivestor category will be subscribed by more than 100 times? Now, after so huge subscription, can any one tell me what will be the listing price of the reliance power shares - 430 or 600 or 800 ? I dont know. Can any one know that? Another think i would like to add is that the GMP has reduced to Rs. 250 - 260. But this panic is simply due to the sliding secondary market. Now pray to god that you get some allotment and that the market improves at the time of listing of the shares. If this happens - then listing day will be BHANGRA.
Final Retail subscription will be around 16-17 times. again there will be lottary. people will not received much return on listing as expected earlier because of less number of share alloted and falling grey market premium. it will be better to hold share for along period
RELIANCE RETAIL SUBCRIBER IS 12.38 TIME BIDING TIME IS 9 P.M SO I THINK EXPETED RETAIL IS NOT OVER 15 TIME AND ALL RETAIL 1 LAKH APPLYCANT HAVE ALLOTED 19 TO 22 SHARE
Clarification Required!!!!! I applied for 225 shares using the part payment option (25875 Rs). It looks like if any, I will get a max of 15 shares that amounts to 6450 Rs. That makes the shares fully paid-up. Will I be able to sell the shares on the listing day in this case?