Reliance Power Limited IPO Message Board (Page 287)

Hi,Iam Jitendra
I sent six application.please tell me which rate
open per share.
How much share i can recive per application out
of 225.
pratapgarh(Raj.)

SOME ONE CLEAR THAT IN PART PAYMENT UP TO VALUE OF 25875 WILL BE ISSUED FULLY PAID OR NOT

reliance power is the power of india. this power gives us more satisfaction and i m feel very proud to the part of reliance power. best of luck

where to sell the application of rpl

hi all

Deepak hear from pune what is the price ofter oping (reliance power)plz lat me know plz email plz help me......

rgd deepak

aniket ()

are you an NRI? if so take approval from RBI

RHP of reliance power , pls read this carefully!!! wat approval do we have to take from the RBI

"Amount Payable on Submission of Bid-cum-Application Form in case of Retail
Individual Bidders and Non-Institutional Bidders, is Rs. 115.0 per Equity Share,
such that it shall not be less than 25% of the Issue Price and Balance Amount
Payable shall be paid by the Due Date for Balance Amount Payable. All Non
Resident Bidders availing the option of Payment Method-1 are required to
submit a copy of an approval from the RBI allowing them to subscribe to the
partly-paid up Equity Shares. Under Payment Method – 1, out of the Amount
Payable on Submission of Bid-cum-Application Form, Rs. 2.5 is towards face
value and Rs. 112.5 is towards premium"

Grounds for Technical Rejections
Bidders are advised to note that Bids are liable to be rejected on, inter alias, the following technical grounds:
1. Amount paid does not tally with the amount payable for the highest value of Equity Shares Bid for;
2. Age of First Bidder not given;
3. Bids by minors;
4. PAN not stated and GIR number given instead of PAN;
5. Bids for lower number of Equity Shares than specified for that category of investors;
6. Bids at a price less than lower end of the Price Band;
7. Bids at a price more than the higher end of the Price Band;
8. Bids at Cut-off Price by Non-Institutional Bidders and QIB Bidders whose Bid Amount exceeds Rs.
100,000 and Bids for more than 225 Equity Shares at the Cut-off Price by Retail Individual Bidders only;
9. Bids for number of Equity Shares, which are not in multiples of 15;
10. Category not ticked;
11. Multiple Bids;
12. In case of Bid under power of attorney or by limited companies, corporate, trust etc., relevant documents
are not submitted;
13. Bids accompanied by Stockinvest/money order/postal order/cash;
14. Signature of sole and/or joint Bidders missing;
15. Bid cum Application Form does not have the stamp of the BRLMs, the CBRLMs or the Syndicate
Members;
16. Bid cum Application Form does not have the Bidder’s depository account details;
17. Bid cum Application Form is not delivered by the Bidder within the time prescribed as per the Bid cum
Application Form and this Red Herring Prospectus and as per the instructions in this Red Herring
Prospectus and the Bid cum Application Form;
18. In case no corresponding record is available with the Depositories that matches three parameters namely,
names of the Bidders (including the order of names of joint holders), the depository participant’s identity
(DP ID) and the beneficiary account number;
19. Bids for amounts greater than the maximum permissible amounts prescribed by the regulations.
20. Bids by OCBs;
21. Bids by U.S. residents or U.S. persons excluding “qualified institutional buyers” as defined in Rule 144A
under the Securities Act; and
22. Bids by person who are not eligible to acquire Equity Shares of our Company, in terms of all applicable
laws, rules, regulations, guidelines and approvals.

yes mohan u r right.its clearly mentioned even in bse website under ipo prospectus-reliance power page as follows:

Don’ts:
(a) Do not Bid for lower than the minimum Bid size;
(b) Do not Bid/revise Bid to a price that is less than the Floor Price or higher than the Cap Price;
(c) Do not Bid on another Bid cum Application Form after you have submitted a Bid to the members of the
Syndicate;
(d) Do not pay the Bid amount in cash;
(e) Do not send Bid cum Application Forms by post; instead submit the same to a member of the Syndicate
only;
(f) Do not Bid at Cut-off Price (for QIB Bidders and Non-Institutional Bidders);
(g) Do not fill up the Bid cum Application Form such that the Equity Shares Bid for exceeds the Net Issue size
and/or investment limit or maximum number of Equity Shares that can be held under the applicable laws or
regulations or maximum amount permissible under the applicable regulations or under the terms of the Red
Herring Prospectus;
(h) Do not bid at Bid Amount exceeding Rs. 100,000 (for Retail Individual Bidders);
(i) Do not Bid for more than 225 Equity Shares at the Cut-off Price (for Retail Individual Bidders only)
(j) Do not submit the Bid without the QIB Margin Amount, in case of a Bid by a QIB;
(k) Do not submit Bids accompanied by Stockinvest or postal order or money order; and
(l) Do not submit the GIR number in stead of the PAN as the Bid is liable to be rejected on this ground.

Hi All.

Check Page # 257 in the below link Red Herring Prospectus at this URL, http://www.reliancepower.co.in/html/pdf/Red_Herring_Prospectus.pdf. Its clearly given as Retail Cut off is 225 shares.. Part Payment - 115*225 = 25875.....

A discount of Rs. 20 to the Issue Price
determined pursuant to completion of Book Building Process shall be offered to Retail Individual Bidders.

Regards,
Mohan

rpl does not has the fundamantals so apply only for listing gains.as per cnbc tv 18 today the premium has already crashed to 300 rs from 450 so everybody beware

What is Kostak price

There is no confusion at all, retail can bid max of 225 shares per application. 15lots max per application.

partial payment - 225X115= 25875 at cutoff
full payment:225 X 430 96750 at cutoff

The 20 rs discount is deducted initially.

pplz i really need ur help
iam applying fr full 1lakh
what should be the ratcutt off
or should i write ratewith 20rs discount

Help me plz...
Can we say that for RPL
Rs 24150 (using partly payment upper priceband) is equal
to 94500(using full payment upper price band)??????????

i want to khow that can i sell reliance power (partly payment application)on listing

hello N.k.Jain (Ip 140) i want to take dd for reliance power today.so kindly tell me max 225 shares or 210 ?my demat account is at different place so i need to send dd

This is just not done. Someone behaving as my alias and giving wrong info.

Hi,

I want to sell my application for reliance ipo... if any one interested let me know..

my mail id is contacthimanshu at gmail dot com

do not subscribe at lower band. APPLY AT CUTOFF.