Lets think about it this way....there is a company called NTPC current market price is @267. Reliance power everything is on papers not even land acquisitions hv happened but this is india and its the brand which reliance holds in our country. so go ahead and be a partner in the success story of a new era. All the best to Mr Anil Ambani who might turn the power industry in a lucerative way.
DEAR FRIENDS : It is desirable that for reliance IPO refund lest you get into trouble please go through messge no. 353 in Eclarex site of chittorgrg ( This website) Thanks
we should not apply more than 1 dmat account with same names. coz they will filtered with PAN No. PAN No. will be the same in both the dmat accounts na. they will reject the both the applications. becareful .
dear friends as 15th is bank holiday in ANDHRAPRADESH and as i have my demat accnt out of station can i take demand draft on earlier dateslike 12th or 14th.
Mr Rao don't worry about next payment, peoples runs for Reliance Petro I thing only maximum one lot will be alloted any individual (Rs. 6450) so you will received you excess amount in your account.
Dear friends, Iam out of country for another two months, iam appling on line IPO's through Kotaksesurities.com.if i select partial payment.for full application (225*115),(iam first time appling for partial payment).remaining balance how can i pay after allotment if i was in out of country.and how much time they can give to pay.plz reply thanks in advance.
for all those confused how many max a retail guy can apply, the application says 225.... so stop giving ur own bakwas maths and start to calculate as for option 1- 225*115, option 2- 225*430
Dear All, Kindly go for the partial payment option because the issue is going to heavily subscribed from the Retail side so even if you apply for 1 Lakh you will hardly get 1 market lot.So if you opt for partial payment option still you will get refund i,e ( 25875 - 1 market lot value ).So your shares will not be locked on the day of listing.You will be able to sell ...
Reliance Power IPO has two Payment Options. Lot of investors are wondering as to which payment option to choose while applying for the Reliance Power IPO. Now looking at the two Payment Options, first one allows retail investors and HNI’s to pay just Rs. 115 per share, if applying at the cap price or cut off price. The balance should be paid on call. This option is not new for investors. ICICI Bank FPO also had a similar option. Most investors (including me) took this part payment option only to get caught in the confusion later, regarding converting the partly paid shares to fully paid shares. While the share prices zoomed, I was unable to sell, because the partly paid shares where not listed then. Also there was no option to convert the partly paid shares tp fully paid shares until the bank called for the remaining amount. Many investors are afraid they might endure the same fate in the reliance power IPO if the payment option 1 is selected. Also, though likely, it is still not clear whether in case of oversubscription the amount paid will be adjusted and the shares converted to fully paid shares if the retail category subscribes by 4 times the IPO issue size.
By using the second option, investors who want to sell on listing day, can take the safer route and pay the full amount. This way post allotment confusion can be avoided completely. However, this method does not ensure the optimum use of investable funds. The best bet would be to wait till the last day and estimate the number of times retail category subscription and then take a decision. If the retail category is subscribed more than 4 times, then the payment option 1 would be the best option to apply in the Reliance Power IPO. This is assuming Reliance Power Limited announces that in case of oversubscription the amount paid will be adjusted and shares would be made fully paid. Cheers!
Sadeep ..you are such a fool that we do not have a word to explain that....you lack not only comman sence but also a sence of responsibilty hence you are making such reckless statements.Feidns if you have paid money in full that you can definately sell the shares on listing day !!!