Reliance Power Limited IPO Message Board (Page 324)

once again thanks Tom.do you have any idea that sbi will offer margin to new listings on the same day or only margins on specific counters? and can we buy n sell shares in margin till market end time?Its becoming headache for me trading on reliance money as when i am not being alloted shares in ipo unable to buy n sell shares on listing day as there is no margin.well to be frank i am not long term investor and happy with either loss/profit on margin trades.

Hi 624. prasad ,

To your query

LET ME KNOW WHETHER SBI WILL BE BEST FOR TRADING AS I AM FED UP WITH RELIANCE MONEY AND EVEN NO MARGIN BEING OFFERED FOR NEW LISTINGS.

I have seen all the offers for trading and I have ended up with SBI for simplest reason whatever is promised they live by that.

SBI offers two services.
SBI has tied up with Motilal Oswal as broker and this one gives you online trading facility. Margin is 5 times of your money.

SBI Capital Securities give you both online and offline. I use the offline account ie give the instruction via phone and I maintain a margin of Rs. 5000 which they give me trading limit of up to 10 times i.e. Rs. 50000. So if you maintain Rs. 10000 as margin you get to trade up to Rs. 1,00,000.
You phone call them and place buy and sell orders.(Offline)
Online I am not sure about details as it was recently launced.

There are several others like HDFC, Kotak Mahindra and so on. But I see SBI is fine for my requirements and as of today I have no problems/complaints and I am using it for the past 5 + years.

Guys

Part Payment Option: If you're planning / want to sell if alloted, never think of this option. Im not able to sell ICICI even after paying full amount, since i applied thru Part payment, that too after 6months of FPO allotment. So, if you want to sell alloted share in next 6months, never ever listen to anyone and go for this partpayment option.

But, if you're not planning to sell Rel. for next 6-12 months, go for it. 225 (Shares) * 115 Rs will be the max you need to pay as initial payment. Then, whenever Reliance asks, you need to pay the balance, youll be given some 1-2 weeks time for each payment. If you fail to pay any of those part payment, you need to pay with some fine/interest i think.

Full Payment: Apply for 225 * 450 Rs, otherwise, you're not going to get 1 share also. Even if you apply for 225 * 450, you'll max get 15 shares of Rel. But, that's ok, since the price might shootup to 1000 within few weeks like Mundra port.

Enjoy IPOing

Dear All,

Kindly note:

Face Value of Reliance Power Limited (RPL) IPO = Rs. 10.
There is a confusion going on. Kindly correct/note this.

THANKS A LOT TOM.IF I AM NOT TROUBLING YOU KINDLY LET ME KNOW WHETHER SBI WILL BE BEST FOR TRADING AS I AM FED UP WITH RELIANCE MONEY AND EVEN NO MARGIN BEING OFFERED FOR NEW LISTINGS.

Hi 604. prasad,

To your query

Dear friends as mentioned max 225 shares for retail investors how much does it cost and whats the intial amnt to be paid for 225 shares at upper band price?

If you are sure 225 shares the price is Rs. 450 and after discount it is Rs. 427.50 which sums up to 25% of Rs. 1 lakh to Rs. 24046.87 approximately as part payment.

Hi,

Can you please share your thoughts about REL POWER IPO?

->If part payment (25%) is made with application, when should we pay the rest?
->Can we also go for full payment?
->When will the shares allotted (if any) reflect into our account (in case of part payment)?
->Can’t we sell the allotted shares until the complete payment is made?
->What would be subscription in retail category?
->What would be the chances of allotment?
->What would be the long term perspective and short term perspective?

Sorry for asking too many questions, but these would be the questions 90 out of 100 retail investors like I have in their mind


Thanks a lot for your effort and time

Hey Guys, Should I apply for a single lot or more to get shares? Is there a firm allotment?

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

Hi 607. sushama

You can open with State Bank of India which is tied up with Motilal Oswal or SBI Capital Securities or HDFC.

605. Nikhil

Do not apply in two accounts bearing same PAN No. Chances are that you will not get any shares and your application form gets rejected.

Hi jaydeep, 601

These things do happen to investors/traders. However, the question here is what were you doing all this while as there were so many other sectors to look in and why were you sitting on this one(Mind Tree). You should always keep track of the day today happenings or speak to friends/advisors.

We pity you but then speak to your advisors and react quickly else you are struck in this one alone.

Take care.

Hi kiran,

If the payment is not made, you will not get the shares alloted. The same gets alloted else where.

Hi N. K. Jain,

You can open with State Bank of India which is tied up with Motilal Oswal or SBI Capital Securities or HDFC.

Hi dearrd,

Face value Reliance Power Limited (RPL) IPO = Rs. 2.

Reliance power ipo has an option to make part payment. If one applies for maximum by assuming that he will not get 100% allotment but if 100% alloted and he fails to pay for remaining ammount. What will be the result

Guys can someone suggest me except ICICIDIRECT which else is the BEST SAFE & SECURE. Please ADVICE URGENT I have to open Account Tommorrow Morning.

what's the face value for Rpower issue? weather it is Rs.2 or Rs.10? pl......... answer!

Dear friends,
Sorry for using this space. But I want to share a fantastic idea with u all so that u can make money.

BUY BINANI INDUSTRIES CMP- 275. Target 600 (at least) in 2-3 months. They are a 130 year old company valued at 6000 crores. But present mkt cap is 750 Crore. So imagine the scope for appreciation!!! If u dont believe me check it out for urself. Company undergoing re-structuring and once that is done, it will just SHOOT
like hell. It owns Binani Cement with mkt cap of 2500 Cr which is much bigger than itself... (750 Cr)
So friends grab it.... It has made a breakout today. Check out its charts and volumes.

jaydeep go to the nearest river and die !!! how can u make such big loss when the market is going up and up daily !!!
!

DD to be drawn in wich name for
retailers