Reliance Power Limited IPO Message Board (Page 343)

i wants to know about facor steel ltd ...its good scrip for buying on this price... plz tel me

Status of Reliance Power from SEBI web site (as on 16/11/2007): Clarifications awaited from LM.
So it is not yet approved by SEBI.

reliance power ipo... will possibly open on 5th dec or 7th dec

what is the allotment date for mundraport

Yesterday P.M. Sh. Manmohan Singh has announced that in coming years 20 Lakh Crores Rs. is going to invest in Infrastructures projects.
If you can hold Reliance Infrastructure at this rate then ------------Leave it the result on Manmohan Singh & Mukesh Ambani.

A comprehensive review of DIP is much needed in Reliance Power case, to protect investors from getting cheated.

Sebi board wants IPO disclosure norms review ( Business Standard )

Reliance Power's exemption demands prompt move.

The Securities and Exchange Board of India (Sebi) has proposed a comprehensive review of its Disclosure and Investor Protection (DIP) guidelines.

The suggestion for a complete review of the DIP guidelines came from the Sebi board, when its views were sought on exemptions needed by Reliance Power, at its meeting in Chennai last week, sources close to the developments said.

At present, the public issues are governed by guidelines, which do not have the same force of law as regulations. Once the DIP guidelines are converted into regulations, these would come under parliamentary scrutiny as any other rules and regulations.

After the DIP norms become regulations, Parliament will have the right to seek a review of the provisions if it is not convinced about any of them. Any amendments to the DIP guidelines are currently carried out through administrative decisions by executive authorities at Sebi. Reliance Power, a Anil Dhirubhai Ambani Group company, had applied to Sebi to exempt it from the requirement of having to arrange 75 per cent of the financing for the planned projects before the initial public offer and also to allow it to offer shares with a face value of Rs 2 even though they would be priced below Rs 500 per share.

The DIP guidelines, as they exist now, do not allow a company to offer shares with a face value of less than Rs 10 if the price per share is going to be below Rs 500. Reliance Power will be implementing two ultra mega power projects of 4,000 MW each — one at Sasan in Madhya Pradesh and the other at Krishnapatnam in Andhra Pradesh.

While Reliance Power did not want to comment on the issue, sources said these exemptions have been sought on the grounds that the promoter group has various other listed companies and also has a credible track record of profitability and dividend payments.

While leaving the Reliance Power issue to the discretion of the Sebi management, the board felt that instead of granting exemptions on a case to case basis, the entire DIP guidelines should be taken up for a review taking into consideration the changing market conditions and the financial needs of crucial sectors like infrastructure.

The review would benefit all future IPOs and other such promoters, the Sebi board said.

I got ipo minimum allotment of powergrid, which I kept for long term. I've applied in Mundra Port and I've also plan to apply for Reliance power. Can anybody gess what will be the listing price on Mundra port? If I get the allotment, should I kept it for longterm? And such a big size of the issue, will we expect high listing gains on Reliance power?

WHICH ONE IS BEST FOR BID OFFER RUNNING ?

U will get minimum 60Rs per share

what will the price of this ipo ,any idea

nice ipo.invest in pharma co. lupin is best to buy at this level it will reach to 750

Pls donot waste others time by asking the same questions like
when is the IPO coming,
pls check yourself in the sebi website link http://www.sebi.gov.in/ProcessingStatus.html as of now it reads
'Clarifications awaited from LM(s) [Refer para 2(b) above]'
once SEBI approves it will take 15-20 days.
i am reading the same comments from the past one month & so many experts in this forum are giving so many dates.




Pls have some discussions which are really informative

please reply if you know
1) when rel power ipo is comming
2) what will be the price
3)is there any rule of sebi as per which ipo advertisement must come minimum 15 / 20 etc days before actual opening .
so that we can arrange money
4) what is the prospect

b d singh

When will NHPC ipo hit the market.

every retail investor should apply in Rpl ipo. everyone would be alloted some shares.

Is there any confirmation of Reliance Power IPO hitting date and prm rateto the market.

Unofficial news - Reliance Power Limited IPO may open from 05 Dec to 12 Dec 07.

SOME BROKER SAYING RPL WILL OPEN ON FIRST WEEK OF DEC
ANY NEWS SHARE

dear prasad,

don't worry if you apply for RPL ipo then surely you will get the shares,bcoz they are going to issue as many as 130 crores of shares and planning to mobilise 12000 crores of rupees(dlf the largest ipo so far mobilised only 9000 crores. so you don't worry almost all the people who are applying for the ipo will get equal shares.