No need of any confusion boss.i did part payment option on DLF ipo.If you apply for full payment or part payment,basis of allotment remains same.The only difference is that if amount of shares allotted is greater than 25875 Rs(225*115) then you will not be able to do trading on the listing date.But IPO like RPL is going to oversubscribed at least 4 times.So whoever be the case partpayment(25875) or full payment(96475) going to get shares of worth(50*430=21500) which is lesser than partpayment amount(25875).So you can do trading on the listing day.Rather than blocking 1 lakh for 1 months,better to apply in part payment scheme.since the final result remains same.
Hi all, Please advise should we go for partly or fully paid up option in Reliance Power. How will ths make diffrence. Please also advise grey market premium is for fully paid up or apartly paid up application.
There is so much confusion in RELIANCE IPO. If i apply for fully payment option then how much shares application for maximum (225/210)? If i want to apply for partly payment option then RPL give us discount or not? If i apply for fully payment option then what is the cutoff price (450/430)? PLEASE HELP ME.
confirmed news you will at least get 50 shares.Because the ipo size of RPL is 4 times that of MUndra port which almost people are applied.By that calculation if you apply for 210 shares you will get 52 shares.which is equal to 52*430= around 24,000 RS. So if you apply for part payment this amount is with in the allotted shares amount.so listing day it self you can trade.enjooooooooooooooooooooooooooooooooooy
this ipo seems to b an example of utter nonsense so far as it's premium is concerned.this is only because of the manipulation by vested interests.fundamentaly the company willnot earn any profit for next three years and even then we the long term investors r fool enough to give a grey market premium of rs. 360/+ for this issue.ntpc with far more good fundamentals is available below rs.300/. the premium is already down from rs.400/+ to around rs.360/. manipulators can maintain the premium for short term but gradually the price has to come at some reasonable level.i think the price will come down to around rs. 600/ after some time.so enjoy the bull ride, apply and sell immidiately on listing above rs.300/ premium if it remains till that time.
IF I CHOOSE AT CUTOFF PRICE FOR FULL 1 LAKH RUPEES IN RETAILS CATEGORY WILL I GET THE PARTIAL PAYMENT OPTION LIKE CAN I AOUND 25000 & APPLY @ CUTOFF PRICE
i am not going to bid for this ipo issue but i am planning to purchase on the date of listing for more than 2 lakhs, because if you apply for one lakh share there is no garuenty that you get share of even 6 thousand, so it is better to purchase that share on the date of listing and get benifited.
I am an NRI and dealing thgouh ICICI. Generally, part payment options are closed for NRIs by ICICI, as it requires special permission from RBI. (May be to the extent of validity of non-resident status or capacity to pay the allotment money, etc, I am not sure).
Can the application form available at this site be used for applying for the IPO? There is no application no or Syndiate seal etc as mentioned in the application.
i have a confusion... please clerify me... i have a demat account having joint holding with my wife(where my wife is 1st holder and myuself is 2nd holder)and an another demat account with myself as first/sole holder. now can i apply reliance power IPO from both of these account for 225 sheres each???
Thank God. RPL IPO is not managed by the discredited Intimespectrum fellows who have mastered the art of cheating the investor public. Karvy are good managers who generaly keep up time schedule and are perfect as well. Now RPL applicants can have good sleep.
Why there is confusion to Apply for 215 Shares or 225 Shares for Retail Individual. One can read in the FORM # At the Cut-off Price, the maximum number of Equity Sharezs that can be Bid for Retail Indivudial is 225
hi everyone, what are the chances of fair allotment if its overscribed 100 times? is it not prudent to avoid this POWER and go for future capital? what are the chances of RPL going above 1000 bucks on listing day? if everyone sells off for listing gains whats the bottom for RPL at 3:30 PM?