Reliance Power Limited IPO Message Board (Page 323)

I have 2 demat account with same name in two different companies. Can I apply in both the account. pls reply.

CAN MINOR APPLY IN R P L IPO.GIVE ME REPLY SOON AS POSSIBLE

can minor apply in R P L IPO

Can anybody guess how may active retail investors are applying for IPOs. How many are expected to participate in RPL issue. My guess is about 20 lack retail investors will participate in RPL issue. Pl correct my assumption if I am grossly wrong.

Hi, Jay what is your demand for your demat account

Don't worry guys
face value is 10 just see Reliance Power Limited IPO Information
on this site itself i.e. above mentioned already.

Don't worry guys
face value is 10 just see Reliance Power Limited IPO Information
on this site itself

wait guys till all the things get clear on all the sites right now it is too confusing as some say 2/- and some 10/- because if 2/- it is very expensive one must work before blaming

Please have a look :

Public issue of 26,00,00,000 equity shares of Rs.10/- each of Reliance Power Limited ("Reliance Power" or the "Company" or the "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating to Rs. [*] Crores (the "Issue"). The issue comprises a net issue To the public of 22,80,00,000 equity shares aggregating to Rs. [o] million ("the net issue") and a promoters' contribution of 3,20,00,000 equity shares aggregating Rs. [*] Crores. The issue will constitute 11.5% of the post issue paid-up capital of the company and the net issue will constitute 10.1% of The post issue paid-up capital of the company. Price band: Rs.405/- to Rs.450/- per equity share of face value Rs.10/- each The floor price is 40.5 times the face value and the cap price is 45 times the face value

Bid Book Built Portion Fixed Price Portion Money payable on
Opens on Closes on Opens on Closes on Opens on Closes on Application
Jan 15, 2008 Jan 18, 2008 Jan 15, 2008 Jan 18, 2008 Jan 15, 2008 Jan 18, 2008 Rs. 115.00-115.00

Minimum Application for shares in Nos (Book built portion) :15
Minimum Application for shares in Nos (Fixed price portion) :15
Further muliples of :15

APPLICATION NO IS 91045716.
I apply for bgrenergy and get allocated 14 share.
but i did not get refund.
362050/101999950000000 / ecs intimation
a/c no 004601510696
is correct.
but they type vijaya bank in ecs intimation but my bank is icici.
my account name in bank is azma adil.

how i will get my refund now.
please guide me.

thanks a lot for all the information Tom.

Hi 636. prasad,

To your query,

The day end i am in loss can i convert those margin shares to delivery.or is it as such i can sell those shares any time if i maintain balance.

SBI WITH MOTILAL OSWAL ONLINE ACCOUNT:

YOU CAN CONVERT YOUR INTRADAY SHARES TO DELIVERY PROVIDED YOU HAVE ENOUGH MONEY IN YOUR ACCOUNT/BALANCE.

HOWEVER, IN YOUR ONLINE ACCOUNT YOU NEED TO DO THIS (CONVERT TO DELIVERY) YOURSELF BY 3 P.M. OR 3:10 P.M. BY SELECTING RESPECTIVE SHARES.

SBI CAPITAL SECURITIES (OFF LINE):
The guy will call you and ask your position whether to sell at loss or convert to delivery. If delivery you go to make payment in 3 days.

Hi Paul,

Hope it was good day to you as it was two bumper listing today.

Check this page daily as there are lot of people asking several questions and your input is required. Kindly help them with their questions. I am off for the day you carry on in the night and I will followup during the day.

Tom.

Thanks a lot Tom i will apply reliance power ipo from my existing reliance money account but will further trade after that on SBI Cap seems to be good if they provide margin for all the stocks.At the last one more question if at the day end i am in loss can i convert those margin shares to delivery.or is it as such i can sell those shares any time if i maintain balance.

634. prasad ,

Opening an account with SBI(Motilal Oswal) or SBI Capital Securities will take nearly 10 or more working days to process as everything is processed in Mumbai.

Reliance Power Limited (RPL) IPO closes on Jan 18th so you got to look after if you will get your DEMAT account opened before you submit the form.

Later do not weep if your DEMAT account is not ready in time.

thanks a lot Tom i will definitely open an account now with sbi.I hope that i will get new demat accnt to apply for rel power ipo.

Hi 629. prasad,

You can buy and sell anything/any counter/any new listings as long as you have funds in your account.

Also you will get margin of 5 times irrespective of shares that you buy for delivery or for intraday.

SBI Capital Securities had arranged up to 5 lakh margin money for me on the listing day of DLF shares. This is because the people at the SBI Capital Securities trusts me and they call up Mumbai office and inform in advance to increase the margin money to specific account (ie mine) before the market opens. This is just one time/one day adjustment and that too these are done only on major listing days only.

After deciding to offer shares to retail investors at a 5% discount to the price band of Rs 405-450, the Anil Ambani Group entity intends to provide this investor segment with a “staggered payment” option in this IPO.

Accordingly, retail investors need to pay only 25% of the total investment amount at the time of submitting the application and the rest at the time of allotment on first call.

By availing this option, the investor does not have to lock in the entire amount for which he has applied in the IPO. This means, if a retail investor intends to apply for 100 shares at Rs 450 per share (Rs 427.50 after discount), he would need to pay only Rs 10,687.5 (25% of Rs 42,750 while applying and the rest during allotment, as against the lumpsum of Rs 42,750.

-- Source - The Economic Times

5.33 time over subscrib not mor 6 and not blov 4.65

Hi 620. prasad,
To Your query,

brokerage charges in sbi and will there be margin play on new listings?

State Bank of India tied up with Motilal Oswal brokerage Rs. 0.50.
Intraday Rs. 0.07

SBI Capital Securities (offline) Rs. 0.35.
Intraday Rs. 0.07