As of 12:30pm Jan 17th grey market premium has dropped to 275-299 range expected to touch 250 by tomorrow. Don't apply. you will not get more than 225-250 premium on listing plus block the money for 3 weeks. All the Best!
Indians are blind and mad about the Reliance brand. At a time when the Western world is increasingly protesting against Dirty Coal Plants, Anil Ambani's Reliance Power wants to establish half a dozen such coal plants in India, making our lives a HELL. Google board member, John Doerr is willing to fund any alternative energy that can shut down coal plants. Anil Ambani must sacrifice his greed [to beat Mukesh Ambani's Wealth] which he has carefully put across Indians as Roti, Kapda, Makaan aur Power/Bijli and cheating the Indian investor by raising Rs 11,000 crore.
Dirty Promoters Quota Allotment for Dirty Energy Plans: Reliance Power's Dirty and Unethical Promoters have 45% plus allotment of shares at mere Rs 17 / share when the rest of the Indians are being cheated by being given at Rs 430-450.
LOL This is how stock market bubbles are formed, if you are new to this market.
In the chittorgarh website data, institutional bid on 15/1/08 is shown 7.02 amd position of bid on 16/1/07 shown as 6.97. Whether it is combined or each days bid? If combined then how can it fall down?
The difference between FCH and Reliance power shares (public issues is 253,57,7200. It's such a big issue..subscribing like FCH in retail might not be possible..
dear shoeb when i am going for payment option 2 from icic direct its showing error of limits as i allocated only 1lacs ..ie it is not considering 20 rs discount
Dear friends,Reliance power should be around 8-12 times to its face value..by most of the experts... but it is too much..any how with reliance brand name it will defenitely give us a listing benefit..and.. it is also true that the top rating agency has rated it as an ipo of above average only,,, all this hype is because it is a reliance group company
Well, 200 times in retail doesnt look too unrealistic either... Even FCH has got 55 times in retail! and Rel Power is hyped far more than FCH. even the people who nevr thought about stock mrk previouslyt are investing in rel power. I think, 200 times over subscription isnt very surprising. At the very least 150 times over subscription will be there without doubt.
rel power issue already oversubscribed for retail portion nearli 4.4 times. so those who applied for option one will get fully paidshares. as per gray market premium chances are to recieve 26 to 28 share for an app.for rs. 25875. thanks.
can some one clarify whether our shares will be locked if we apply using the partly paid option? can we sell Reliance power shares on the listing day, if we apply using partly paid option.
Is it is true that even 30 shares allotmentwill be partly paid in full lot application in Partly paid. Party paid application will not able to trade shares on listing day. after 28 days the y will trade. we can say that first we will get refund and after that on due date we have to send allotment money
AFTER READING NEWS IN THESE PAGES i HAVE A FEELING WHY HAVE APPLLIED FOR IPO relpow. hOWEVER IT IS CONFIRMED THAT Ipo OR SHARE OR SENSEX WILL BE DOWN ONCE THE SUPPORTING govt DECLINES OR IN GENERAL IT IS gambling ONLY. aMITAB AND POLITICIANS DUMP ALL THEIR BLACK MONEY WITH rELIANCE GROUP (EITHER MUKESH OR ANIL) WHICH IS OBIVIOUS THE DAY upa GOVT TOOK OVER CHARGE. TO SOME EXTEND BELOW points ARE TRUE 1895. Guest (59.92.189.163) 1/17/2008 10:44:50 AM IST Report Spam! Don't invest in the Reliance Power IPO - the following are key reasons:
1) Anil doesn't know where he is going to start power plants. So no one knows when power production will start
2) When he finalises the site, it won't be easy for him to get land. As usual, lot of agitations will happen
3) Biggest problem is - HE DOESN'T HAVE ANY ARRANGEMENT FOR GAS - Mukesh has already said no to him for gas
4) He isa supporter of people like Mulayam and Amitab - hence Neither Congress Nor the BJP will support him for his power plants
5) States like UP, WB will not give him land
6) His plan to take over power plants like Dabhol have already been discarded by the Congress Government