Reliance Power Limited IPO Message Board (Page 259)

Hi,
I had applied to Reliance IPO from two different demat accounts of mine having the same PAN number. Later I came to know that I shouldn't not apply from more than one demat account. Could any one tell me what would be the impact of this. Both of my applications will be rejected ?? or will they be considering one and rejecting the other. Please let me know.

in part payment option can i sell the reliance power shares on the listing date.

reliance power will be hold for only 6 month to get great return because the sensex will cross 25000 mark easily after budget. it will be stablized between 1000-1200/- do not hurry about gain of listing. like do not take milk if possible makkan

Day 1 - 15-Jan-2008 21:00:00 IST 16.2115 7.0231 0.8218 10.68
Day 2 - 16-Jan-2008 23:00:00 IST 20.6947 6.9704 4.4065 14.44

Hi Friends.........Any Idea how many shares we will get on full application ??

Hi All,

Everyone talks of selling on listing date, but the poor soul who buys on listing date make loss. Those who get allotment, kindly think long term and hold this stock. If the stock reaches allotment price, one may think of adding to portfolio for long term as it happened in RPL, RNRL, which gave fantastic returns. Lets wish this company do well as management has a strong vision so changes of good return in 3-5 year time is very very good. Stock market gain in 1-2 month or listing is always less compared over long term. God bless all of us and happy Investing friends!

Mr. N K Jain, you can surely go and buy Maruti and Bharti. Shoud give you decent returns in short term.

Dont worry about the selling on listing date. Those who applied for full i.e. 225 shares (by opting payment method 1)will be alloted 15 to 60 shares. If it z 60 also there is no need for paying any money on allotment infact u will get a refund of 75 Rs rest will be adjusted.
Any doubt please contact me

In response to 1927. YASHESH
If u applied using full payment, u can sell on listing day. No confusion around this.
However if u applied using partial payment. You have 2 chances:
1. If the amount you have paid is more than cost of shares alloted, you can sell on listing day.
2. If the amount you have paid is less than cost of shares alloted => you need to pay some money to reliance and hence u will not get the shares credited till u pay remaining amount. So you will not be able to sell on listing day.

The issue is already over-subscribed more than 4 times, you would get max allotment as 1/4th of what you applied and we pay 1/4th amount for part-payment option => Always 1st condition (above) is true. So go for part-payment option.

Please refer to the following clause mentioned in the prospectusof Reliance Power for the Retail Individulas who intend to apply under Payment Option-1. Would some body among us throw some light over the first line of the said clause which is as under?

Shares issued to investors who opt for Payment Method-1 will not be traded till the corporate action for credit of fully paid shares is completed.The Equity Shares of which the Balance Amount Payable has not been paid within the prescribed time limit are liable for forfeiture. The shortfall due to forfeiture may be made up by re-issue of the forfeited Equity Shares.

Some are saying, you can sell shares of Rel Power on listing day and some are saying you can't sell your shares on listing days???

Who is correct among all these?????????

can some one tell me that rs:20/- discount is available to part payment option.i have applied for 225shares and issued a chq.of rs:25875/- if no discount is available than what will be the tretment of the aplication .

Dear all: By subscribing to Reliance Power IPO, no one is going to lose anything. If it is subscribed more than 10 times, chances are that lucky people might get just a single lot. i.e., 15 shares barely. On listing day if price jumps to Rs1000, maximum profit will be (1000 - 430) = 570 * 15 shares = Rs8550/-. So luckiest people might make around 8 thousand rupees out of this IPO. So the best way to make real big money is invest very good amound on the listing day and buy below Rs800/- so that in case it reaches beyond 1000, you will end up with really good money. For example just invest 1,00,000 on listing day and lets assume you buy the stock below 800. 1,00,000/800 = 125 shares and sell above 1200 in few days, (1200 - 800) = 400 * 125 = 50000. Just compare, by investing 1,00,000 in IPO there is no guarantee that shares will be awarded to you and by sheer luck you might make around 8000 and if you invest on listing day, with in few days you can make whopping 50,000. Think and ink.

issue is subscribed more than 4 times ..
Please go for part payment
You shares will be tardeble on the day of listing ..
there will be no lockin ..

Dont block your money Apply in Part Payment

With Care
Shoeb

1910. dhanush
is there any specific reason you are applying for full payment,
You can apply for Part Payment, as the issue is subscribed 4 times you will alotted of 25K value shares as of now..

Anyway to your query
Bid Value will be 101250
But just check below line
After adjusting discount amount of Rs 20 per share, bid value is 96750
You need to pay 96750, i think so there must not be any problem ..

you can call me at 9960568960
With Care
Shoeb

If u r going for the part payment option, u cannot sell ur shares on the listing day. u hv to wait for 26 days after listing, thats the info that I got.

retail 5=00 times at 13=00 hrs in RPL

Dear Dogla

whatever you have mentioned is not correct in totality.

The premium did come down from 450 to 350 levels because the market slipped around 1000 pts.

further, at the closure time of IPOs, premium normally come down.

Lastly, these grey market premiums are just a very crude indicator, who knew that burnpur cement with a premium of just Rs 5/- will touch Rs 48 on the listing day.

So guys dont get carried away by each and every post

Amit

Hello friends i need strong tips like to recover my amount & also please tell me about Grey market working. Please reply as soon possible. mail me at akj77@rediffmail.com

In part payment option can i sell my shares on listing day????