Reliance Power Limited IPO Message Board (Page 9)

"Reliance Power Ltd, on May 05, 2008, clarified and reiterated the eligibility criterion for shareholders entitled to receive the Bonus shares to be issued by the Company.

Reliance Power, the company with the worlds largest family of shareholders of 4.2 million, has made this announcement in response to several queries from investors and market participants, seeking clarification on the eligibility of shareholders for the purpose of issue of bonus shares.

All shareholders of the Company''+'s records hold shares as at the end of business hours on June 02, 2008, irrespective of whether such shares were subscribed by the shareholders in the Company''+'s Initial Public Offering (IPO) or such shares were purchased from the secondary market or otherwise after the IPO, shall be eligible to receive the bonus Shares.

As approved by the shareholders of the Company, Reliance Power will issue Bonus shares in the ratio of three new equity shares of Rs 10 each for every five existing equity shares of Rs 10 each held, to the public shareholders of the Company.

On April 25, 2008, the Company had intimated, the period of book closure being June 03, 2008 to June 05, 2008 for the purpose of determining the eligibility of Shareholders to receive bonus shares of the Company as per the Company''+'s records as at the end of business hours on June 02, 2008."

6911. a

9.
12 if u purchase 3 shares now.

I hav 17 shares of reliance power how much bonus shares will i get

1. APPLICATION NO. : 5-- 4730188

2. APPLICATION NAME : VINAY KUMAR ( 8A/54 GEETA COLONY , DELHI - 110031 )
3. SHARE APPLIED : 225sh (RS 25875)
4. CHEQUE NO. : 681241 ( Oriental Bank of Commerce ) 17/1/08
5. APPLICATION DEPOISTED IN : ANANDRATHI SECURITIES LTD ,NEW DELHI
6. BANK SERIAL NO. : ANANDRATHI SECURITIES LTD ,NEW DELHI
7. DPID : 302349 ( J&K BANK ,CONNAUGHT PLACE NEW DELHI )

8. CLIENT ID : 10253060



SIR, I have applied for 225sh but yet not received even a single share in my demat account ( j&k bank) but i received refund of Rs18565 (only) viede cheque no. 370553 against my application no. 5- 4730188 but you have enter the wrong application no. that is 05-473188 please check our application properly and send my shares in above mention demat id.

please reply soon as soon as

Good afternoon sir/mam
I applied for Reliance Power IPO 225
shares I have paid for it Rs.25875/-
till now I have alloted 17 shares and remanig refund pz as soon as possible inform me about my refund
I called to Hydrabad office but they did not given me any saticefide answer.
my detail is given bellow

my name is bajrang lal kachhawa
my DPID is-12039000
my application no.-2796079
my mobile no.-09783319135
Address-near shrinath floor mills,opp.cine megic cinema gali,road no 7,rani bazar bikaner (rajasthan)334001

Hi Praveen !!!

After the issue of bonus shares will not lose around 60% ( if it loose around
60% it will come to 180 Pershare. )

The actual intention of ADAG to issue bonus share is very clear and to protect their shareholders
from the unexpected loss at the time of issue.. So they will try to give some reasonable profit after ex-bonus to
their share holders..

Surely they are going to fix the price of shares at 270 - 290 level considering the
bonus issue..

still we can make some profit out of that. follow the simple calculation below.

Current price of the share is 395 & think that you are going to purchase
100 shares ( 100*395=39500) for rs39500/-
After the bonus issue you ll be having 160 shares(270*160=43200) at the rate of 270 per share.
So your profit will be around 3200,(after commission to broker) in percentagewise it is going to be
around 8 Percent of Profit MINIMUM.

for a single month 8 percentage of profit is a good thing, bcoz if you
invest the same amount in bank you ll get interest rate in 1 year.

Or else, Wait for the last week of this month, if the share price touch 450 - 470 levels sell it before
bonus issue, because it will give a huge amount of profit.( more than 10 percent profit)

Hope my clarification is clear enough.

Happy investing!!!

Dear Sir/Madam,
I have invested in Reliance Power IPO and my refund is still not received.
my details are as follow:
Application No.55598525
Reference No.1728494
Dpid012101
Client-Id1201210100289384
Shares Applied225
Shares Alloted16
Ref.Ord.No.349606
Refund Amount18,995.00
I have not received any refund order or communication till today from the company. It seems so that the refund order if issued has been lost in transit
kindly after checking issue me a duplicate refund order on the below address:
Ramesh Chandra Agarwal,
Bits 'N' Bytes Computers,
Deokarna Building,
Sadar Bazaar,
Mount Abu, Rajasthan
Pin - 307501
Mobile : 09829235735
Thanks
Ramesh Chandra Agarwal

Hi Ashok
You are not Correct....After ex-bonus it will loose around 60
percent of the price and in that case it will trade at 290 aswe will extra 60 percent share .please rethink.....thanks in advance for further valuable Calculation

After the issue of bonus shares, it is expected that the share prce will come down to Rs.270.. So it is advisable to buy shares at current level ( around 400 Rs. ) and to exit in the last week of May.. ( To get profit of around 15 to 20 % at that time )
Welcome anyother valuable suggestions..

hello Everyone,
what do u all think abt what will be price of rpower after issuing the bonus shares.do u think that it is profitable to sell before bonus share issue or after issue of bonus shares. i think the price will go down after issuing the bonus shares pls share yr views

Good afternoon sir/mam
I applied for Reliance Power IPO 225
shares I have paid for it Rs.25875/-
till now I have not alloted these shares and its refund also
pz as soon as possible inform me about my refund
I called to Hydrabad office but they did not given me any saticefide answer.
my detail is given bellow

my name is Rakesh Shrivastava
my DPID is-1202760000044654
my application no.-52794033
my mobile no.-09303111266
Address-469/25 B Jagdamba Colony PNT Jabalpur (m.p.)

Thanks so much for explaining this Bonny. Appreciate your help!!
Thanks again!!

Mulk Anand,

One more thing you have to buy it ON or beforebefore the ex-date i.e. 29 may 08 and not June 02, 2008.

Note now that the management has announced it - Bonus shares will be issued to all those that own shares as of June 2, 2008. That means you must purchase the share on or before 29 May 2008. On the opening of the 30th, the share will go "ex-bonus" meaning any purchases from then on will not give the owner any bonus shares.

Hope I have clarified all your doubts.

HI Mulk Anand,

The bonus issue is for all investors. You can buy today and get bonus shares. That is why rpower price is going up.

About the Bonus shares i am confused if company has given that date for those who bought it through IPO or for everyone who buys its shares before June 02, 2008? Can someone explain this in simple language. Please do not use complicated financial terms. Thanks.

dont buy just to get bonus shares. after the ex-date, the price will adjust accordingly.. those already holding, the right time to exit before ex-date.

Any one can tell that Reliance Power is down by 60% on ex-bonus date or not ? This is to be noted that bonus shares not given to promoters.

It is common practice by exchanges that on ex-bonus date share price reduce.

Yes Aman, you will get bonus shares if you purchase on or before 29-May (i.e. Whatever number of shares you are holding on 2-Jun) will fetch you bonus shares in ratio 3:5. But You cannot purchase on 27-04-08, as it is a Sunday :)

if i purchase reliace power share on 27.04.2008, then whether i get the bonus issue or not.

To all those who have not received refund or credit of shares to demat account, please read this before posting here.

1. Do not post your DPID, Client ID or other details.
2. Do not waste time e-mailing, or calling Karvy.
3. Go to your nearest Karvy office and take with you copy of your application (Confirmation of Allocation/Refund Notice - CAN), Client Master List and keep your DPID and Client ID and payment details(cheque no. etc) ready and request them to do the needful.
This is the best way to get your refund/credit of shares as quickly as possible.

This is from my own experience in trying to e-mail, phone Karvy etc. Finally what worked was actually going to the local Karvy office and politely requesting the people to help.