Reliance Power Limited IPO Message Board (Page 329)

probably 1 lot=15 shares (if 1 share = 430 for retail investors)

Rs 450 X 15 lots = 101250 : that means we cant apply for 15 lots

If we consider discount:
Rs 430 X 15 lots = 96750 : that means we can apply.

Some body can explain what is the maximum lots to apply

can anybody tell me what shall be the subscription in HNI AND RETAIL,

I request all of you to be cautious and study the pattern at which the QIB & HNI portion subscription before taking the plunge, the issue i feel may not get the full subcription in the retail section, you may get 100% qty.

Pl advise how much money will be required for maximum shares a retailer can invest in this issue.

PPL is good stock get every one take a chance. It can changed your life. If you got it. Best of luck

Reliance Power Limited (RPL) IPO Subscription date and information

Date 15-18 Jan. 08.
price Band - 405-450
Lot Size - 15 shares
Discount to HNI & Retailers - Rs. 20/-
Payment Option - Retailers may pay Rs. 115/- per share
Issue Size - 10260 Crs. (Upper Band)

Start saving money for this much awaited IPO ever.

Rel Power IPO in band of Rs 405-450/shr

Press Trust of India / Mumbai January 02, 2008
Anil Ambani Group firm Reliance Power will give retail investors a 5% discount in its forthcoming IPO through which the company will raise up to Rs 11,700 crore, merchant bankers said.

The initial public offering (IPO) is expected to hit the capital market between January 15-18 in a price band of Rs 405-450 per share, bankers close to the development said.

Based on the upper limit of the price band, the company would raise Rs 11,700 crore with the sale of 260 millon shares in the public offer. This would be the biggest-ever IPO in India surpassing the public issue of realty giant DLF that raised about Rs 9,000 crore last year.

This is believed to be the first IPO to offer a discount for retail investors.Rating agency Crisil assigned an above average 4-on-5 rating to the proposed IPO of Reliance Power.Reliance Power filed the draft prospectus for its IPO in the first week of October 2007, and received the go-ahead from the market regulator last week.

Another good news is that RPL is giving about 5 - 6 % discount to retail investors.
Anyways, its going to be highly oversubscribed in retails... everybody will put 25k application.... chances of allotment are very low...
good luck

Hi Mukesh Agarwal,

Great job of guiding investors,

Pankaj kedia

THE MINORS will nit SUBSCRIBE THE ISSUE

WILL RELIANCE POWER WILL ALLOW THE MINORS TO SUBSCRIBE THE ISSUE? ANSWER REQ URGENTLY IF ANYONE CAN TELL

dear rateesh,
payment option means
take a exampl:-
suppose you want to invest rs 100000 in r power,@ 480rs
then you will pay 25000 rs @ 125, this is first installment
afterthe allotment the difference of the amount will be taken by company

Dear Mr Mukesh Agarwal

Whats meant by payment option....
Then whts the amount to be payed to apply for full lot...
Please Reply

Date 15-18 Jan. 08.
price Band - 405-450
Lot Size - 15 shares
Discount to HNI & Retailers - Rs. 20/-
Payment Option - Retailers may pay Rs. 115/- per share
Issue Size - 10260 Crs. (Upper Band)

Hello i am holding eClerx 150 shares at 488 RS.Now the stock drops to 448.What should i do now??Will it come up again???

RPL issue is coming on 14 jan and price will be 415-460

Reliance Power IPO may open on jan 15th 2008
Bloomberg has received news its seems that they will be opening the ipo on jan 15th and close on jan 18th 2008 and the IPO price is expected at 405 to 450 rs , not sure how much is true but we are sure that the IPO is going to open this month , and there are also rumours going around that retailers might get the IPO at a lesser rate as per SEBI guidelines which came in previous here , SEBI was suggesting the company to give it for a subsidiased price to Retailers so there participation is higher in the IPO.

Apply for as many Shares of Rel. Power Ltd. as you as you need.
Allotment is going to be FIRM. ... Good luck.
-Maheshji.

Apply for as many Shares of Rel. Power Ltd. as you as you need.
Allotment is going to be FIRM. ... Good luck.
-Maheshji.