This is a good IPO..apply. But do not go just by the brand name of reliance. Remember when Reliance phone came out..the charges seemed very low..till the bills came very high! There was a joke going around saying Dhirubhai ka sapna: Sabka maal apna!!!!!!!!!
Hi all, It is a poor response after all for this all hype issue. Just imagine if they had not devised the part payment option.It would have been subscribed only 1.5 times till now. Even for QIBs they need to apply with only 10% cash down. The issue is a bogus one.That means it would have been subscribed only 2 times till now with full payment. Very ingenious of the cunning Anilbhai to inflate figures. Wait till the listing.Markets will be fully down and you will be wondering if you can at least sell at the issue price so as not to incur losses.
Our foolish retail investors are rushing in with applications as though it is a sure shot lottery ticketto riches. Just ask them what is the company going to do with all the money raised they will say we don't know. Project is full of uncertainities.It is only hype and nothing else. They don't know where the fuel supply is coming from in the future.Where is th eland for all their plants.There will be resistance fromso many to part with land.Cout cases will drag on and RPL will be setting pretty with all the huge money collected. DO NOT APPLY.
If Rel.power fixes the price at upper band which looks almost certain because of enormous response at upper band,"cut-off and putting price at upper band are the same.Both categories are taken for upper band only.
do not worry everybody who appilied 225 will get 60 share confirm because dhiru bhai ambani told me in my dream i m with u son mai apne bete se sabko 60 dilwa doonga.
1938: Sunny, you made a mistake by applying in 2 DMAT account with of your with same PAN Number. Only option you can try out now is to make stop payment for one of application and let other application go through the normal process. Am not sure but still you may have some chances this way.
I will welcome if anybody cancle their bids due to these baseless rumors. I will get more share and will earn more profit. Please go by the rumors by Bijubhai and cancel your bids.
Hello Sunny (1938) Immediately withdraw / cancel your application. If you are using online, it is very easy and if you have filled paper form, use the second half of your application to revise your bid to "CANCEL'. But be fast!!
dear Dharam, full application may get 20-25 shares. according to grey market, premium is 290-300 and kostak of full application is 5900-6300. 6300/300= 20.1