Reliance Power Limited IPO Message Board (Page 339)

when is it expected to hit market.... plz plz do let me know so that i cn invest BGR energy accordingly

Dear Friends, Mukesh ambani has made a killing in RPL in 2 ways. First they sold more than 2 crore shares in Futures above 260 price.Is was only later on behalf of Reliance they dumped RPL in cash market.The cash market profit goes to Reliance,Whereas the lower cut-off price that will take place in thursday settlement ,the profit of which will also be several 100 crores goes directly to mukesh's pocket.It is profits such as these that will go to politicians like Modi to finance elections,and also pay politicians to take over companies like Gujarat Alkali if possible. Although small traders lost you must admit His move was brilliant, almost like osama bin laden using america's planes to hitUSA.By getting it into F&O curb he could simply crash the price by dumping in the cash market.There was simply no logic to buy that stock in the first place considering the fact that it will take one more year for results,while on the other hand we are ignoring a safe stock like INFOSYS at 1565 ,that too only 100 shares for a single lot.

I request you to provide information Reliance Power IPO - DAte Face Value and Price Band.,

Ghanshyam Thakker
Dhrangahdra

sir,
i wish adag fix the offer price of rel. power at rs. 100/- [rs. 10/- fv + rs. 90/- prem]. remember, rel. petro. ltd. was issued at rs. 10/- + rs.
50/- per share. i can easily pay rs. 100/- per share for rel. power share. but any thing higher than that will not be desirable.

Hi rajashekhar chowdary,
Good one......

Mr. Sajeev,
How can you say that RPL has good support at 170 & 180 levels.

Firstly the Promoter Mr Mukesh ambani has reduced his stake in RPL & comedy is that he has sold approx 4% in the open market.
If I am not wrong at an average price of Rs 223/- & I think some % of shares have been sold at Rs 250 levels.

Chevron has some 5% stake in RPL.

Currently SEBI is looking in to this issue. It may not be against law also.It could be legally correct, but where is the aspect of Morality.....This was Mr. Mukesh Ambani's deeds.

Now his brother Anil Amabani & his Reliance power------
He has a company called as reliance energy, which is listed & he is going to transfer some of the projects from Reliance energy & he wants to float the IPO of Reliance power & wants beat his brother in wealth index :):):)

I think there is sebi clause which says that two business from the same promoter should not conflict each other....

Again Reliance power may have filled all the clauses leaglly, but again what happens to the aspect of morality?????
Hope SEBI puts both these brothers in their respective places.....

Regards,
Sundaram.J.S.

hai rajashekhar chowdary ,
dont worry about the dip of RPL it is good share , and it is having a good support at 170 to 180 range. if you are a long term investor this is the time for you to accumulate . once the new refinery is commissioned by the middle of next year you can' t catch it. so be positive make your money for some more dip and catch it and average yor profolio

I pity on those guys who bought rpl at above 200.

I saw many people who bought reliance petro at above Rs.200 per share and asking what to do. I saw some fools answering it will roar on last Monday. Don’t you guys use your head before buying a stock? If one simply follows others like a sheep then they will become prey in the market.
First of all there is no business for this company, since the plant is under construction. It will be completed by end of 2008 and then start operations, refine crude oil then makes some turnover. Without having any such thing in the near future (at least for 1year from now) how can you guys buy it like crazy? See the price per earning of a stock before you buy any stock. First of all there is no earning at all, how come there will be a P/E?
I hope one will learn from this and wait for it to reach its ground. Those who already bought simply shut your mouth and stay away from market if all your funds are locked under this stock. Wait for 1year to get back at least the money you invested.
One thing I can suggest is, without knowing fundamentals never venture to buy stocks based on a word of mouth or based on some website suggestions.
Sorry, some of my words may be harsh, but I restrained myself from using bad words. If anybody takes this negatively I am helpless.

Can anybody tell me when is it expected to come in the market?

301 Tanya,
if you could wait for 3-6 months you will be on positive side tgt260+ . you have to decide if you can book 1.4lak loss and reinvest it in a different stock ? I am not sure by booking loss in RPL (1.4lkh) you could cover it up with investing (4lkh) in another stock (atleast in 3-6 months time). Even if you do so you did may not gain much . This is a good stock and if you have patience you win

LISTING PRICE OF EDELWEISS ...ANY GUESS !

tanya,
U hav purhased RPL at very high level. But if u are in it for long term then u hav nothing to worry....!! RPL as of today doesn't have a balance sheet as there business is not operational yet...... Once the construction of the RPL refinaries are complete.. it will be one of the largest in the world! It is this fancy tht had made ppl buy into this stock at des level n has given it such a high valuation!

Dear Ms Snehal, Now Uniply is moving fast as i told you on 10 November, we have told to our clients the 1st target Rs 47/- (3 months) & 2nd target Rs 80/- in 9 months. We are very much sure about this stock (Risk free). All the best. Ritu of Shah & Shah Finance

RPL is thinking to revise Face value of Rs 2 To Rs 5........issue may be in 2 nd-3d week of Dec

pl tel me date & rate for RELINACE POWER LTD.

http://www.rediff.com/money/2007/nov/26rel.htm

reliance is not going to list for another 1 month, refer above link

Hi (303) tanya,
from today the upward trend in RPL will start. so dont worry and hold it for now...

What about Religare.

Should i buy at current level or not ?

Plz suggest............

HI tanya (59.160.66.130

JUST HOLD IT DONT WORRY IF U WANT TO BUY MORE THEN BUY BETWEEN
200 TO 215 BCOZ TODAY MARKET WILL OPEN 250 TO 300 POINTS PLUS AND RPL WILL ROCKKKKKKKKKK

Reliance Power to raise IPO face value to Rs 10



Anil Ambani group has sought market regulator Sebi’s nod to float Reliance Power’s initial public offer at a face value of Rs 10 a share instead of Rs 2 proposed earlier, a move that could hasten the share sale.

The group wrote to Securities and Exchange Board of India (Sebi) earlier last week, seeking permission in this regard. Company officials and the spokesperson could not be contacted for comments. Sebi officials also could not be immediately contacted. The communication said the IPO was proposed at a face value of Rs 2 a share to involve a larger number of retail investors, but offered the option of floating the shares at Rs 10 a share in case the earlier proposal did not meet the regulator’s requirement.

I have 2000 shares of RPL at a price of 265.
what shall i do
shall i exit
any new script to invest