Please take my advice... Don't put all your money into Raliance Power IPO blindly...Anil Bhai has not generated a single MW of power yet...This is just a hype....Instead go for some value buying...Think of NTPC, Powergrid, etc...
NO NTPC and POWERGRID? Then, NO POWER....:-) HAPPY INVESTING!!!
Instead of wasting your hard earned money by investing in this hyped IPO, why can't you buy buy some shares of NTPC? NTPC may appreciate by another 50% within a week's time.
sites are back up. For ICICI atleast they couldnt handle the load created by every DEMAT account having an allocation of 1 lakh min(in view of this IPO) this made their allocation of funds function crash :-) anyway i applied for my full quota from ICICI. Hope it lists at around 800, so we can enjoy listing gains... fingers crossed
At 2:30 Retail portion is subscribed more than 0.25 times this excludes the online bids (ICICI Direct, Kotak Securities.etc) no need to worry it will be oversubscribed more than 4 times in retail go for full lot and part payment option
With the IPO going full tank, start looking at other options like Arvind Remedies & IQMS which are small cap stocks expected to give decent returns in medium term.
on the first day 0.25 times is great! it will get atleast 7-8 times on the last day. So no need to apply for full payment. U wont get more than 15K per application.
Retail portion is subscribed just 0.15 times at 2.15 pm. It may not get subscribed heavily in retail as the issue size is too big. So apply in full paymentoption as part payment will not be able to take the listing gains
RELIANCE POWER IS on FIRE POWER on INDIA mans MIND POWER GONE its time to say BEST OF LUCK to ANIL BAHI AMBANI to give us POWER net time we are waiting for his new creation
Hi everyone, i am planning to invest 2lakhs in reliance power ipo. in non-institutional field it is asking for IT-CIRCLE . what should i enter over there? also what should i enter in bid1,bid2 and bid3 fields? anyone please explain me clearly! thanks saravanan
NOTE: This is as per RELPOWER PROSPECTUS, SO NO MORE CONFUSION.
Payment Method – 2 a) Bidders under any category can choose this method. b) While bidding, the Bidder shall have to make the full payment (Bid Amount multiplied by number of Equity Shares bid, net of Retail Discount) for the equity shares bid. Bidders in QIB category will be required to make payment of 10% of the Bid Amount multiplied by the number of Equity Shares bid, with the balance being payable on allocation but before allotment. 13 3) Illustration of Payment Methods (Investors should note that the following is solely for the purpose of illustration and is not specific to this Issue)
Payment Method – 1 a) Only Retail Individual Bidders and Non-Institutional Bidders are eligible for this method. QIBs cannot submit a Bid under this Payment Method. b) While bidding, the Bidder shall make a payment of Rs. 115.0 per Equity Share, irrespective of the Bid Price. Investors should note that the total Bid Amount will be used to determine whether a Bid is in the Retail Individual category, Non-Institutional category or not, and not the amount payable on submission of Bid-Cum-Application Form. c) Under Payment Method-1, of the Rs. 115.0 paid while bidding, Rs. 2.5 would be adjusted towards face value of the Equity Shares and Rs. 112.5 shall be towards share premium of the Equity Shares applied for. d) At the time of allotment: 1. If the amount paid by the Bidder is equal to or higher than the total amount payable (being the Issue Price multiplied by the number of shares allotted, net of Retail Discount) by the Bidder on the Equity Shares allotted to the Bidder, we reserve the right to adjust the excess amount towards the Balance Amount Payable and issue fully paid Equity Shares only. The excess amount, if any, after adjusting the Balance Amount Payable shall be refunded to the Bidder (i.e., Refund = Total amount paid on bidding minus the total amount payable on the shares allotted). 2. If the amount paid by the Bidder is less than the total amount payable by the Bidder (being the Issue Price multiplied by the number of shares allotted, net of Retail Discount) on the Equity Shares allotted to the Bidder, we reserve the right to adjust the excess of the amount received 12 from the Bidder over the Amount Payable on Submission of Bid-cum-Application Form towards the Balance Amount Payable and issue a Call Notice for the balance. 3. The notice of the Balance Amount Payable will also be published in two widely circulated newspapers (one each in English and Hindi) and a regional newspaper along with the statutory advertisement for the Basis for Allotment.