Reliance Power Limited IPO Message Board (Page 328)

There is no comparision of reliance power and BGR energy to its size ....Huge diff they hv,,,,So obviously it not gona subscribe more thn 1 times,,,,Come on guys,,Its HUGGGGEEEEEE....Luk at the No of shares and Price and multiply and u will come to know the size which till date no other company has done!! Still anyhting can happen, I just the best case scenario

The Issue will get oversubscribed by minimum 4 times in retail,when BGR Energy can get over subscribed by 47 times in retail then Reliance Power must over subscribe minimum of 2 times, but going by the interest public will show & due to the part payment option it must cross 4 times

Read the quoute and then think about choosing for PArt payment:::

............
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, a source familiar with the development said.
....... (Quoted from Economic times dt 3rd jan 08"

Dun forget Guys tht this is largest cap size ipo to have hit the streets...I wud hardly get 1 times oversubscribed... sure allotment is a best possibilty and sure shot profit is also the outcome. Its bigger than DLF and DLF was subscribed 1.03 times...!! So make the best use and make maximise ur profit guys. One more thing do not go for Part Payment as you will not b able to sell the shares on listing but only after the "balance payment " date is finalised , i.e. about 15 -20 days from the listing ,,,,,Happy investing guys

RPL                  
            
CAP PRICE                  427.5
MIN SHARE                  15
MAX AMOUNT                  100000
MAX APPLICATION LOT            14
AMOUNT MAX                  89775
TOTAL ISSUE SIZE            11700 CRORE
RETAIL ISSUE SIZE            2925 CRORE
TENTITIVE OVER SUBSCRIPTION IN RETAIL      18000 CRORE
OVERSUBSCRIPTION ( RETAIL )      6.153846154
SHARE ALLOTED ( in Rs )      14588.4375
GREY MARKET PREMIUM      350
PROFIT %                  81.87%
TOTAL PROFIT / APPLICATION      11943.75

HELLO FRIENDS,
I HAVE A QUESTIONS REGARDING PARTPAYMENT,
I AM APPLYING SINCE LONG IN IPOs & I M RIGHT NOW OUT OF INDIA,

My question is
1) If issue subscribe by more than 4 times ( which is very likely ) then do we need to pay any money later on after allotment?
2) When i will recieve payorder by post, by which means i can submit the remaining amount. ( Can i transfer online or i must have to pay by check only? )

I m applying 3 application, how many u r applying
Regards
Happy investing

Before applying for RPL we must understand that how many investors are there in India in retail segment who applying for IPO. In case of Edilwiess the numbers was 2.79 lacs and for Mundra 6.46 lacs. Even on a safer side we can expect 12 lac retail investors to participate in RPL. With minimum lot we need about 50 lac investors in case of RPL to subscribe the issue. This means everybody is likely to get the allotment and that too about 4 X 15 (60 share each).

Is my understanding correct. Pl comment.

will allotment be any different for part payment and full payment?
please clerify
thanks

Future Capital Holdings is likely to be the first company to hit the capital markets this year with its initial public offer opening for subscription on January 11. The company expects to raise up to Rs 490 crore, for which it has fixed a price band of Rs 700-765 a share. Future Capital would offer 64.22 lakh equity shares

This is from Economic Times

"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. "

Reliance Power is too expensive.. Dont apply Reliance power. Lets teach a lesson .. Over valued the issue..

Hey Raj/Manoj,

If i apply at the cut off price, price will be treated as 450 and not 430. I guess Manoj has arrived at a price of 430 considering the 5% discount. Well in that case also, price comes out to be 427.50 and not 430.

Now let me tell you one thing. While going thru one of the articles on NDTVProfit.com I came to know that the 5% discount is only available to investors who are applying for Rs. 1 Lakh shares. I am not sure how we do that. If we apply at cut off price and we do not consider the discount, applying 14 lots will cost 94500, the max that we can apply for. So will this be treated as a 1 lakh application.

Can someone please clarify?

Manish

will allotment be any different for part payment and full payment?
boarders clarify on this.

can any one explain me about the 5% discount to the retails...

actually what does it mean???
me new to share market...
help me out
thanks in advance...

Dear Retail Bidders be very careful on issues like this,no doubt we have been given 5% discount.But worth studying the issue very carefully.Feel this is not only the biggest issue but also one of the most expensive issues.We should feel happy if we get around 40-50% per year return on our investments which is very much possible going through the SIP in mutual funds(now that the entry load has been waived for direct investing(In case you have excess money and would like to play in the share market go for this( coz ultimately the allocation would be bad obviuosly)

any how all the best to everybody!!!

527. Dr. Manoj Bhama (59.95.179.218)
521. Manish Kumar (125.19.9.19)

the views are contradicting each other. The best solution is to apply for as much as the broker's site allows you to.

if it considers the price as 450 then 14 lots
If it considers the price as 430 then 15 lots

Frinds
For a retail invester (RI) 1lot= 430*15=6450
so he can apply in multiple of this lot.
Maximum lots a retail invester (RI) can apply= 15, i.e. a sum of 96750 would be required to apply for a full application (FA)
For Option B ie. who wanna apply as partly paidup (PP) needs a sum of 15*15*115= 25875/-

CAN MINOR APPLY IN RELIANCE POWER LTD. IPO

I think this 5% Discount will only apply on Retail Investers paying the full amount

Hi Raj,

Your explanation is right. The max a retail investor can apply for is 14 lots i.e. Rs 450 X 14 lots = 96750. In case one gets all the 14 lots alloted, the same 14 lots will cost him/her 5% less i.e. 91912.5.

Manish