Reliance Power Limited IPO Message Board (Page 347)

i do not thing so, RPL IPO rate would be normal.IF YOU ARE WOULD PRCHESE SELL IT VERY EARLY AS SOON AS POSSIBLE.
RPL IPO motive is ony mony making.

Can anyone tell why should there two companies of ADAG group do the same business? Reliance Energy and Reliance Power. I think this was the question asked by SEBI.

SUPERB ISSUE.INVEST IN PHARMA AND POWER SECTOR LIKE LUPIN AND POWER GRID

Some 1 if sure, please confirm date of rel POW, none of heard it anywhere

REL have started a joint venture (JV) with powergrid corporation of India Limited worth 800cr.... This deal is good for both powergrid and upcoming reliance power IPO....

Please dont spread rumours saying that the IPO is under investigation etc.... Everyone is here to make money...!! Please dont post if u dont have concrete evidence regardin the matter.... Thanks...!!

Kindly let me know when we will come to know the allotment details of Religare IPO.

where can i get the listing date details

what is its Public Issue Price Rs? Per Equity Share.

replayyyyyy.

DEAR AMIT

CALL TO RELIANCE MONEY OFFICE

THEY ARE CONFIRM IT.

DEAR AMIT

CALL TO REPIANCE MONEY OFFICE

THEY ARE CONFIRM IT.

hi raj

how you are so sure that issue will open on 26th nov
is issue cleared from sebi

Hi RASHMI

from where u get this details

DEAR ALL

RELIANCE ISSUE COME AS ON 26/11

Reliance Power IPO is due to be open in the second half of November, 2007 (APPROX. 20th NOVEMBER). Mundra Port is a very good bet for immediate listing gains.

Try and apply for both the IPO's... equally.
Good Luck Everyone..!

Hi,
Can any tell me if I apply for mundra port IPO then when its refund will come and is it possible to use this money for reliance power IPO ? I mean kiya muje mundra ke IPO ka refund Reliance power ke IPO ane tak mil gaye ga ke nahi?

It may take minimum 2 months to complete the investigation.

I HAVE HEARD RELIANCE POWER IPO IS COMING ON 28TH OF NOVEMBER CAN ANYONE CONFIRM D NEWS N TELL.

Finance Ministry asks SEBI to scan alleged irregularities in Reliance Power IPO

The Finance Ministry has asked SEBI to look into the alleged irregularities in the Reliance Power IPO. This follows representations from a large number of people including MPs and MLAs. The public issue is awaiting clearance from SEBI

New Delhi, Delhi, IND, 2007-10-31 03:00:00 (IndiaPRwire.com)

The Finance Ministry has asked SEBI to look into the alleged irregularities in the Reliance Power IPO. This follows representations from a large number of people including MPs and MLAs. The public issue is awaiting clearance from SEBI.

The finance ministry now wants the regulatory to scan the irregularities related to the securities laws and the Companies Act mentioned by MPs, MLAs and some organisations. In a letter dated October 23, Mr. K P Krishnan, IAS, joint secretary in the ministry,has also asked for a report from SEBI on the irregularities mentionedin the representations sent to the ministry. The letter is addressed to SEBI chairman M Damodaran.

"I request SEBI to take appropriate action in the matter and send a factual note on this issue expeditiously," says the letter.A copy of the communication has also been marked to the Company Affairs Ministry.

Recently, the Companies Affairs Ministry had also sent a similar communication to SEBI. The action by both ministries is likely to result in a thorough probe into irregularities in the ReliancePower IPO.

SEBI has alreadysought clarifications from the lead managers to the issue and clearance has not been provided so far. Among the allegations made by various sections is that the promoters have issued a huge volume of securities to themselves at par while asking investors for a premium.

A number of organisations including an Investors Forumraised the issued recently, but the Anil Ambani Group did not reply to the charges. Instead, it was alleged that Reliance Industries had launched a 'vicious' campaign against the IPO.

While the Anil Ambani Group has complained to the SEBI that RIL officials are behind the expose, the regulator has also received a large number of complaints from investors of Reliance Energy. The power projects of Reliance Energy have been transferred to Reliance Power in an effort to bring in business into the company, which was virtually a shell till recently. Reliance Energy stands to lose out due to the structure of the transaction while Anil Ambani's wealth is expected to skyrocket at the cost of investors.

The finance ministry letter lists out the individuals and organisationssubmitting representationson the Reliance Power IPO. The ministry has asked for a SEBI probe to protect investor interest.

The Anil Ambani Group did not inform stock exchanges about transfer of power projects to Reliance Energy. Nor did it obtain clearance of shareholders for transfer of these project which will make Reliance Energy just a contractor for implementing projects.

I don't think reliance ipo is coming in Nov. So far there is no news with main brokers also. Seems like, it will be out after atleast all current IPOs are alloted and people get money to invest in RPL.
Reliance is very clever... they want to make RPL as world's most demanded IPO. So they want the issue to go highly over subscribed.
High price of RPL can make Anil Ambani among world's richest... just next to Mukesh Ambani...