Hi all, I have a small doubt. If I apply for 15 lots of RPL through partial payment method and if I get one lot, how much money will be returned to me? Will it be (total money applied -6750) or will it be 14*15*115 (lots * shares * price paid per share). I think the later would be the case otherwise no one would go for complete payment option. Please clarify.
Please inform all the borders honestly that you and any of your family member are not going to file any application of RPL IPO, And you are going to or already file an application then this is not right time to put such a negative analysis.
What about the max # shares which can be applied for full payment option, is it still 225, because with 225, the total bid value before discount comes to 101250, Please clarify
Avinash Check dis Reliance Power Limited IPO Information »» Public Issue Open : January 15, 2008 to January 18, 2008 »» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO) »» Public Issue Size: 260,000,000 Equity Shares of Rs. 10/- each (228,000,000 for public) »» Public Issue Price: Rs. 405/- to Rs. 450/- Per Equity Share »» Retail Discount: Rs. 20/- Per Equity Share (Only for Retail Individual Bidders) »» Payment Methods: 1. Partial payment option - Rs. 115/- Per Equity Share at the time of bidding 2. Full payment option - Rs. 405/- to Rs. 450/- Per Equity Share »» Market Lot: 15 Shares »» Minimum Order Quantity: 15 Shares »» Maximum Subscription Amount for Retail Investor: Rs 100,000/- »» Listing At: BSE, NSE »» Lead Manager(s): Kotak, UBS, ABN AMRO, Deutsche, Enam, ICICI Securities, JM Financial and J.P. Morgan. »» Registrar : Karvy Computershare Pvt Ltd (Ph: 040 2342 0815/ 0816 Email: reliancepower.ipo@karvy.com)
Maximum shares you can apply is 225 so 225*115 = 25875.. Cheers!
Hello Friends, How many shares we need to apply for using the option of partial payment.
Can you just let me know how to calculate?
I assume that we can apply for 22575 (I calculated this 210*430=90300 in this .25% means 22575) I am planning to apply through ICICI DIRECT, Pls. some one help me how to apply using the partial payment option method.