Reliance Power Limited IPO Message Board (Page 318)

I am a retail investor. Can I apply in the Non institutional Category.

                                          
                                          
      Lot            Shares            Fully paid            Partly paid
      1            15            6450            1725
      2            30            12900            3450
      3            45            19350            5175
      4            60            25800            6900
      5            75            32250            8625
      6            90            38700            10350
      7            105            45150            12075
      8            120            51600            13800
      9            135            58050            15525
      10            150            64500            17250
      11            165            70950            18975
      12            180            77400            20700
      13            195            83850            22425
      14            210            90300            24150
      15            225            96750            25875

whether RELIANCE POWER IPO RETAIL QUOTA SUBSCRIBED 4 TIMES OR MORE & WHY ANY ONE HAVE JUSTIFICATION

THIS WAS AT ECONOMIC TIMESA FEW DAYS BACK
I AM STSTING AS PER SPEECH GIVEN BY MR ANIL AMBANI TODAY AT PRESS CONFERECE HELD TODAY, HOTAL TAJ, MUMBAI 3.30 PM 4TH DEC 2008

THERE WOULD BE DISCOUNT OF FLAT 20/- RS NOT IN TERMS OF PERCENTAGE. CORRECT ALL YOUR QUERIES.

THERE WOULD BE DISCOUNT OF FLAT 20/- RS NOT IN TERMS OF PERCENTAGE. CORRECT ALL YOUR QUERIES.
WATCH ANY BUSSINESS CHANNEL

Retail investors get discount in Rel Power IPO
MUMBAI: Reliance Power is eyeing a mop up of Rs 10,530-11,700 crore at the lower and upper price band of the mega initial public offering. The 26-crore equity IPO opens between Jan 15-18 in the price band Rs 405-450 per share of face value Rs 10 each.

Retail investors will get a discount of Rs 20 per share on the issue price which will be decided through book building process. However, the public offer is only for 30 per cent of the issue.

The company will not be making a pre-IPO placement, said Anil Ambani, chairman of Reliance Power at a press meet here. The company expects to list by the first week of February, he said. Net issue would constitute 10.1 per cent of the post-issue paid up capital. Outstanding shares post issue will be 226 crore equity shares.

Reliance Power IPO opens on 15 January 2008

Price band Rs 405 - Rs 450

The Reliance Power (RPL) initial public offering (IPO) will enter the capital market on 15 January 2008 in a price band of Rs 405 to Rs 450. The IPO is scheduled to close on 18 January 2008.

The company proposes to issue 26 crore equity shares of Rs 10 each, including promoters’ contribution of 3.2 crore shares which will be allotted at the IPO price to the promoters. The balance 22.8 crore equity shares will constitute the net issue to the public.

While qualified institutional buyers are required to pay 10% on application, high networth individuals and retail investors have the option to pay Rs 115. The balance amount would be payable on allotment.

The company plans to offer the retail investors or those applying for Rs 1 lakh, a 5% discount or Rs 20 per share in order to enable large participation.

Based on the price band, Reliance Power IPO would raise between Rs 10,500 crore to Rs 11,700 crore through the issue.

It is estimated that at this issue price the company's market cap will be anywhere around Rs 1.1 lakh crore, which will make it the biggest listed company within the Anil Ambani empire and among the top 10 stocks on the Bombay Stock Exchange.

The company plans to use the issue proceeds to fund subsidiaries to part-finance the construction and development costs of its projects under development and for general corporate purposes.


this is from economic times !!

SAT to hear complaints against Reliance Power IPO on Jan 14
MUMBAI: The Securities Appellate Tribunal will hear complaints filed against the initial public offer of Anil Ambani group firm Reliance Power Ltd on January 14, a day before the issue opens for subscription.

While admitting the appeal, the tribunal on Friday refused to stay the public offer and deferred the matter for hearing on January 14, sources said.

According to the company's red herring prospectus, some complaints have been filed and an appeal has been filed before the Securities Appellate Tribunal in relation to the IPO.

"An aggregate of 159 complaints were filed with various governmental agencies including SEBI, the Department of Company Affairs and the Government of India among others against the company, its promoters and the proposed IPO," the prospectus noted.

Reliance Power is offering 28.2 crore equity shares in a price band of Rs 405-450 apiece. The issue would open on January 15 and close on January 18. The company could raise Rs 11,700 crore at the upper band price.

"We are expecting to list in the first week of February," company chairman Anil Ambani said here while announcing the IPO plans for Reliance Power Ltd.

Hi Friends,
People who are interested to apply for Reliance power.
Retail investor is eligible for max is one lakh.
15*15=225*427.50(5% discount)= Rs 96,187.50
5% Discount for who apply max limit (Rs one lakh).

THERE WOULD BE DISCOUNT OF FLAT 20/- RS NOT IN TERMS OF PERCENTAGE. CORRECT ALL YOUR QUERIES.
WATCT ANY BUSSINESS CHANNEL.

Hi Friends,

Reliance adv. clearly tells 5% discount for retails investors.
Dr Manoj Bhama calculation is wrong. Each share will be 427.50
Dr Manoj Bhama calculated as 430.

                                          
                                          
      Lot            Shares            Fully paid      Partly paid
      
      1            15            6450            1725
      2            30            12900            3450
      3            45            19350            5175
      4            60            25800            6900
      5            75            32250            8625
      6            90            38700            10350
      7            105            45150            12075
      8            120            51600            13800
      9            135            58050            15525
      10            150            64500            17250
      11            165            70950            18975
      12            180            77400            20700
      13            195            83850            22425
      14            210            90300            24150
      15            225            96750            25875

                                          
                                          
      Lot            Shares            Fully paid      partly      1            15            6450            1725
      2            30            12900            3450
      3            45            19350            5175
      4            60            25800            6900
      5            75            32250            8625
      6            90            38700            10350
      7            105            45150            12075
      8            120            51600            13800
      9            135            58050            15525
      10            150            64500            17250
      11            165            70950            18975
      12            180            77400            20700
      13            195            83850            22425
      14            210            90300            24150
      15            225            96750            25875

Are bhai log kya matchematics kar rahe ho,24000rs kya ya 27000/-rs kya , 2000 rupaye keliye itni magazmari? Kuch aur bhi kam karo

attention retail investors :

For apply to max lots one should apply for 210 shares.
i.e., 210*450=94500 and our cheque amount should be
210*115 = 24150 ... considered 15 as bid lot

The Maximaum no of share that a retail investor can apply is 225 shares. Amount payable on application is 115 per share hence on application 225*115=25875.00 is payable. Balance payable on allotment.

sources reveal that even emmarmgf ipo in third week of this month.
now its difficult to arrange money.

Ajay open it with Sharekhan.. It takes approx 8 days to open demat a/c wth them.

earlier message is meant for Mr. 724. Sorry Mr. prasad (727). pls excuse...

Mr. 727!

Just to get 100 odd shares you are going to open 4-5 extra demat a/c's as y'r broker suggested. Do let me know if your broker is going to open demat a/c's at free of cost and wavie off anual charges as well. Its foolishness.

As in today's press meet anil ambani suggested 30% of total shares is alloted for retail which inturn comes approx 6.6 crore shares which is big enough for retail segment.