Reliance Power Limited IPO Message Board (Page 320)

698. Amit Patel | Link | Bookmark | January 4, 2008 4:07:00 PM

HI 705. Sandeepiitb (61.16.157.102)

CAN U TELL ME HOW U ARE CALCULATING ISSUE PRICE AFTER 5% DISCOUNT IT WOULD BE 427.50 AND U R CALCULATION AS 430 HOW COME

697. Sandeepiitb | Link | Bookmark | January 4, 2008 3:56:29 PM

For Retail Investors

Issue Price: 385 to 430 (20 off)
Minimum Application of shares = 15
Maximum Application of shares = 225 at cut-off price (225*430 = 96750)
= 255 at lower band price (255*385 = 98175)

Amount needed to apply shares at cut-off price = 115*225 = 25875
Amount needed to apply shares at lower band is also same, amount payable/refundable after will be different.

Case I: Application 225 shares at cut-off price
Payment at application = 25875
If you get 45 shares (worth 430*45 = 19350), you will get refund of 6525 (25875 - 19350)
If you get 75 shares (worth 430*75 = 32250), you need to pay 6375 (32250 - 25875)

Case II: Application 225 shares at lower band price
Payment at application = 25875
If you get 45 shares (worth 385*45 = 17325), you will get refund of 8550 (25875 - 17325)
If you get 75 shares (worth 385*75 = 28875), you need to pay 3000 (28875 - 25875)

Reference: http://www.capitalmarket.com

Happy investing!

696. Ram | Link | Bookmark | January 4, 2008 3:53:55 PM

Since Reliance Energy is going to own 45% of the equity in Reliance Power will Shareholders of REL get any shares of Reliance Power???

695. Amit Patel | Link | Bookmark | January 4, 2008 3:50:01 PM

hi 701. Relpower (203.91.193.50

SO WE HAVE TO CONSIDER THIS CALCULATION RIGHT

Lot Part Pay Part Pay Amt
15 115.00 1725
30 115.00 3450
45 115.00 5175
60 115.00 6900
75 115.00 8625
90 115.00 10350
105 115.00 12075
120 115.00 13800
135 115.00 15525
150 115.00 17250
165 115.00 18975
180 115.00 20700
195 115.00 22425
210 115.00 24150
225 115.00 25875

694. Relpower | Link | Bookmark | January 4, 2008 3:47:57 PM

Don't confuse. It is clearly written as "While bidding, the Bidder shall make a payment of Rs. 115 per Equity Share, irrespective of the Bid Price. " Retailers can apply at max 15 lots.

693. Amit Patel | Link | Bookmark | January 4, 2008 3:33:41 PM

HI ALL

Lot Size Price      Total Amt      25% Amount
15      427.50      6412.50       1603.13
30      427.50      12825.00      3206.25
45      427.50      19237.50      4809.38
60      427.50      25650.00      6412.50
75      427.50      32062.50      8015.63
90      427.50      38475.00      9618.75
105      427.50      44887.50      11221.88
120      427.50      51300.00      12825.00
135      427.50      57712.50      14428.13
150      427.50      64125.00      16031.25
165      427.50      70537.50      17634.38
180      427.50      76950.00      19237.50
195      427.50      83362.50      20840.63
210      427.50      89775.00      22443.75
225      427.50      96187.50      24046.88

-----------------------------------------
Part Payment Option 1

Lot Part Pay Part Pay Amt
15      115.00      1725
30      115.00      3450
45      115.00      5175
60      115.00      6900
75      115.00      8625
90      115.00      10350
105      115.00      12075
120      115.00      13800
135      115.00      15525
150      115.00      17250
165      115.00      18975
180      115.00      20700
195      115.00      22425
210      115.00      24150
225      115.00      25875

692. Amit Patel | Link | Bookmark | January 4, 2008 3:22:01 PM

HI ALL

HOW TO CALCULATE AS PER THE PART PAYMENT 1 OPTION

115 * 225 = 25,875/-

AND IF WE CALCULATE WITH 5% DISCOUNT IN RETAILS, AND WITH APPLICATION WE HAVE TO PAY 25% AMOUNT.

450 – 5% = 427.50 * 225 = 96,187.50 – 25% = 24,046.875.

LET ME KNOW ON WHICH CALCULATION WE HAVE TO WORK OUT….

691. sen | Link | Bookmark | January 4, 2008 3:16:30 PM

pl tell detail abt part payment option

690. Amit Patel | Link | Bookmark | January 4, 2008 3:09:42 PM

HI ALL

ITS VERY CONFUSING CALCULATION,SOME ARE CALCULATIONG ON AFTER 5% DISCOUNT AMOUNT THAT IS 427.50 BUT AS PER THE DETAILS WE HAVE TO PAY 115 RS PER SHARE …

689. from tn | Link | Bookmark | January 4, 2008 3:02:37 PM

@RAKHI u need to make a full payment to sell the same on listing day.

688. HELLO | Link | Bookmark | January 4, 2008 3:01:30 PM

what does partial payment means. can we apply for more than 210 shares.

687. RAKHI | Link | Bookmark | January 4, 2008 2:56:10 PM

HELLO FRIENDS

I AM NEW & INVEST TO RELIANCE POWER ISSUE
ANY ONE HLP ME & GUIDE ME HOW CAN I APPLY

PART PAYMENT OR FULL PAYMENT ???????

IF I APPLY PART PAYMENT , CAN I SOLD THE ALLOTED SHARES ON LISTING DATE OR NOT, IF NOT HOW MUCH TIME ?????

PLEASEEEEEEE HELPPPPPPPPPP MEEEEEEEEEEEEE

686. om | Link | Bookmark | January 4, 2008 2:56:06 PM

whats rpl grey market premium amd application rate

685. JD | Link | Bookmark | January 4, 2008 2:47:14 PM

Hi All,
Can anyone tell me how much amount i have to pay after selecting partial payment option. As per me

Price per share for retail invester : 427.5 (after 5% discount)
Max bid quantity : 225
Total amount payable : 96187.5
Partial payment amount : 25% equal to 24046.875

Is this correct ??
Discount of 5% is for sure or not yet fixed for retial investors ??

684. JD | Link | Bookmark | January 4, 2008 2:47:06 PM

683. mmm | Link | Bookmark | January 4, 2008 2:05:41 PM

abe everonn, where did u see the bid lot?

682. everonn | Link | Bookmark | January 4, 2008 2:03:33 PM

BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares
BID LOT 15 shares

681. Amar | Link | Bookmark | January 4, 2008 1:59:39 PM

Again S P Tulsian is proved himself nuts, all friends might have read my earlier study

New study for few recent IPO- how he is recomndeing .......i dont know

Name-----S P REMARK - OFFER PRICE - CMP-- My Remark

Burnpur---Avoid------12-----------53------Gain 340%

BGR-------Lower Band--480--------918----Gain 92%

Empee Dist--Apply-----400-------320 - Loss 20% ( Since listing just improved 2 days b4 to 375 )

Kaushlya ---Avoid---60-------102------Gain 68%

Transformer ---Avoid--465----858 -----Gain 84%

Brigade -----Appply---390----385-----Loss 1%

U dont need recomndation for good issues like mundra & edelweiss, all know, so he is almost 90 % wrong

680. mmm | Link | Bookmark | January 4, 2008 1:59:21 PM

Abe Shekhchallio, listing price k pahele ye batao k lot kitne shares ka hai. Lo aa gaye listing ki bat karne.

679. Sowmya | Link | Bookmark | January 4, 2008 1:58:30 PM

Reliance Power Limited IPO Payment Options
Reliance Power Limited IPO, the largest IPO in Indian stock market history is opening on January 15, 2008. Issue will close for subscription on January 18, 2008. Price band of the 100% Book Built Offer has been fixed to Rs. 405/- to Rs. 450/- Per Equity Share. The payment methods available to Reliance Power Limited IPO investors are as below:
1. Payment Method - 1 (Partial payment option)
Even though the issue price of the Reliance Power Limited IPO is in between of Rs 405 to Rs 450 per equity share, investor are all allowed to pay a partial amount Rs 115 Per Equity share at the time of bidding.
2. Payment Method - 2 (Full payment option)
This is the standard method of bid payment where investor pay full amount at the time of submitting the bid.
Below are few facts and highlights of this payment option:
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) 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.

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