Reliance Power Limited IPO Message Board (Page 39)

Hi Friends who are waiting to get the refund,

It is a collective looting by the brokers including SEBI from
poor retail inverstors! SEBI allows the DPs/brokers to deduct the appliation amount online from the customers account. But when it comes to refund, there is no online refund!!

WHY???
Why not the online refund option is not allowed or insisted??
Why can't SEBI insist that those applied online should received the refund online??? It is a silent nodding from the guardian to loot!!!

My application no.63935694, still shares has not been debit & also refund is pending, what should i do

to continue

source of bonus issue

A. bonus issue can be made out of the following sources

for converting partly paid up shares into fully paid up shares
1. capital reserve realised in cash(i.e.not bu revaluation of fixed assets without accrual of cash resources).
2.general reserve
3.other reserve available for distribution as dividend,excluding investment allownace reserve rebate reserve
4.balance in profit & loss a/c

B. for fresh allotment of additional shares
1. capital redemption reserve
2. securities premium realised in cash
3. capital reserve realised in cash (i.e.not by revaluation of fixed assets without accrual of cash resources)
4. general reserve
5. other reserve available for distribution as dividend,excluding investment allownace reserve,development rebate reserve
6.balance in profit & loss account

note:-
revaluation reserve (created by mere revaluation of fixed assets without accrual of cash resources) and securities premium not realised in cash,cannot be used for bonus issue.

accounting entries for company:-
1.for recording bonus to shareholders
capital redemption reserve a/c dr
securities premium a/c dr
capital reserve a/c dr
profit & loss a/c dr
general reserve a/c dr
other reserve a/c
to bonus to shareholders a/c

2. for capitalization of bonus to shareholders:

bonus to shareholders a/c dr
to equity share capital a/c

summary of the above points in the first entry missing of reserve IN THE BALANCE SHEET OF RELIANCE POWER LIMITED. ONLY PROFIT SHOWN OF Rs.11,00,000. AS PER COMPANIES ACT,1956,WITHOUT ANY AS PRESCRIBED RESERVE, BONUS SHARES CANNOT BE ISSUE TO THE SHAREHOLDERS OF THE COMPANY. IT IS CLEAR THAT RELIANCE POWER ONCE AGAIN FOOL TO PUBLIC.

RELIANCE BROTHER SAY :- HUM TO ASE HAI BHAIYA,HUM TO ASE HAI BHAIYA.

PLEASE THINK OF THIS NOTES.

CHAK DE INDIA

PLZ NOTE THIS MY I.D "122.163" DONT BE MISGUIDED BY ANY OTHER PERSON BY THE NAME OF donnnnnnnnnn. SO BE CAREFULL .



sabka apana aur payara

donnnnnnnnnnnnn

NOW THE RELIANCE POWER ANNOUNCES THE FREE BONUS SHARE BUT NOW BE CAREFUL ABOUT THIS ISSUE IT WILL TRADE AROUND 450 LEVEL.DONT BUY ABOVE 430 LEVEL.

I ADVICED THIS SHARE FROM 350 LEVEL NOW IT CLEARED ALL THE TARGET.IF IT IS ABOVE 450 LEVEL THERE IS NO ADVICE TO BUY THIS SHARE NOR TO SELL.

WAIT TILL 24 FEB. IF THE BONUS SHARE IS DECLEARED THAN THERE IS NO DOUBT TO GET BONUS SHARE N IF NOT THAN THERE SELLING COME N ADVICE TO SELL THIS SHARE N SHIFT OTHER COUNTER. BUT IT IS VERY DIFFICULT FOR THIS SHARE TO CROSS 450 LEVEL AT THIS POINT OF TIME. THIS SHARE IS NOT FUNDAMENTALLY STRONG AS THE NTPC.

SO DONT BUY THIS SHARE AT THIS LEVEL. JUST WAIT TILL 24 FEB.

BUT THERE IS BUYING OPPURUNITY FOR THOSE WHO WANT TO EARN @ MINIMUM RISK. IF THE "ON MOBILE" LIST AROUND 450 LEVEL THAN THERE IS A BUYING OPPURUNITY. THIS IA A STRONG SHARE.


sabka pyara aur apna

donnnnnnnnnnnn

I have applied 75 Nos. of Reliance Power thru Religare Online Not allotted any shares and also not refunded yet

My DP / Client ID is IN301774-10511817

i have given details kab tak aayega refund or 17 shares alloted
in my demat account so pls give me status in my email id or contant me on
mobile no 9892288799

aab tak nahin mila refund or 17 shares alloted in dpid: IN302236
CLIENT ID : 10131283 AND APPLICATIONFORM :25319987 AND I HAVE APPLIED 225 SHARES CH NO :446083 HDFC MUMBAI SO PLS CONTANT ME ON MOBILE 9892288799 OR PLS GIVE ME A DETAILS IN EMAIL KYU NAHIN MILA

have applied for 180 shares for amounting to Rs.20700/- vide application no.1628003 dated 17.01.2008 DPID NO. IN301022 through Reliance franches. I have credited 15 nos. of shares in my demat account of Stock holding corporation of india limited.

but till date i have not received balance amount .please expedit the matter and inform the status.

hi
Issue of Bonus shares to shareholders.

1. Board's approval : The proposal to issue Bonus shares should be approved by the board of directors.

2. Authorised by articles of Association: the article of association of the company should contain a provision for Capitalisation of reserves i.e. issue of bonus shares to shareholders. Alternatively,the Company (i.e.Shareholders) should approve the issue of bonus shares by passing a resolution at a general meeting and altering the Articles to provide for bonus Issue.

3. Time Limit: The allotment of bonus shares be made within six months from the date on which the board of directors approved the bonus issue.

4. Within Authorised Capital: Bonus to shareholders should not result in increase in paid up capital that will exceed the amount of authorised share capital. If necessary,the company should first increase its Authorised Capital by passing a resolution at a General meeting.

5. Other condition: Bonus issue should not be made unless partly paid up shares if any,are made fully paid up.

reserves created by revaluation of fixed assets should not be capitalised by way of bonus issue.

declaration of bonus issue should not be made in lieu of dividend.
bonus issued should not be made pending conversion of fully/partly convertible debentures,unless similar benefit is extended to the holder of such debentures also.
the company should not have default in payment of interest or principal in respect of fixed deposits /debentures;and in payment of salutatory dues of employees e.g.Provident fund,gratuity,bonus etc.

form of bonus: bonus to shareholders can take any of the following two forms-
*conversion of partly paid of shares into fully paid of shares: or
*issue of additional shares i.e. bonus shares

more details wait for this issue

Applied for 225 shares sent rs 96750 (chq. no. 479810 idbi bank) dated 15/1/08 till date no refund has been recieved.
Details...
Applicant name-Atreyee das
Application no.-6 1882187
bank account no.-048104000036175 IDBI BANK BHILAI
dmat account-11124020
dmat code-300450
send money immediately...i m in dire need.
email-www.drmnds@yahoo.co.in

YET NOT RECEIVED REFUND. I HAVE APPLIED THRU RELIGARE ONLINE.

MY ID NO. IN301774 11804828

ICICI BANK ACCOUNT

THEN ALSO NOT RECEIPT REFUND OR ECS CREDIT

WHAT I HAVE TO DO?

I applied for 225 shares with amount of Rs. 25875/- But I received only Rs. 18995/- on dated 18.02.08 which order no.is 2166549 but I have not received any shares in my DP A/c yet.
My detail is below:
Name : SUNIL KUMAR
Address : House NO. 9, (Panna - Doplan)
Tikri Kalan, Delhi-110041
PH. 011-28352015, 09211558464

DP ID : 12029900
CLIENT ID : 01145929
Bank Name : ICICI BANK LTD
Bank Branch Name : Bahadurgerh, Jhajjar, Haryana
Account No. : 046101501002
Cheque NO. : 515019
Refund Amount : 25875/-

Hi

I had applied for only 15 shared of Relaince powere IPO and have been alloted
my Application No: 11820831
As i used Partial payment , i want to know where, in what name to send the balance amount cheque and what is the due date.

regards
Ranjeet

frends,
Jaise murgee ko marne se pehle khoob khilaya jata hai usi tarah ye bonus share announcement hai...beware of Reliance infratel---upcoming ipo from ADAG.

hi
my E-mail ID is hiteshjain1966@indiatimes.com
6301 Hitendra Kumar Jain

hi Hitendra Kumar Jain

can u send me ur email id will get ur detail on that id

will try to register ur complain to karvy

tx

I had applied 225 shares in Reliance Power but till 18th Feb I don’t have any holding in my dp or Refund order.
The detail of my application is below:--

Application No : --51656952
Shares Applied : -- 225
Dp id : - 301330
Client Id :-- 20292351
Amount given :-- 25875 /-
Client Name : -- Hitendra Kumar Jain
Cheque given bank : -- HDFC Bank Ltd.
Cheque no – 746676

jo dar gaya woh mar gaya, jo nahi dara woh tadap tadap ke mar gaya

hi ,
I have applied for Reliance Power IPO for 180 shares (77400)and finally I got 15 shares (6450), but today is 18th feb still i have not received my remaining balance(refund).Following is my details:
NAME- paresh singh thakur
APPLICATION NO. 84900950
AMOUNT -70950
DP ID-13103386.
APLLICATION 180 SHARE
ALLOTED SHARES- 15 SHARE
Exchange Ref #1 No:200801180378712