Reliance Power IPO Details

[alpesh14]

Thanks everyone .

How can i apply for 15 lots as it will cross limit of 1,00,000. means i need to apply for 14 lots?

 

[koushal.vv]

oh ....
so i am planning to invest 50k on this ,
how ever the shares worth 50k will not be alloted for me
so wat i have understood is if i apply 50k / 115 = 434 shares
say, in tat 100 shares may be alloted ,then it results in effective amount of 50k ( 100 * 450 which i have to pay ) right .... this is wat i have understood.

 

[VasanSuccess]

Re: reliance power ipo - time 2 make big bucks

Yes, IF you get alloted some 20 Shares If u subscribe for 1 lac, its big deal. and even if the market run up more than 100% on same day of listing, u going to gain around 10K.

chance to make little money

 

[jitendra.borole]

Thanks everyone .

How can i apply for 15 lots as it will cross limit of 1,00,000. means i need to apply for 14 lots?

This Ipo gives u a discount of 5-6% for retail investors...
So if u calculate with that.... The n u can easily apply for 15

 

[alpesh14]

This Ipo gives u a discount of 5-6% for retail investors...
So if u calculate with that.... The n u can easily apply for 15

I agree that with discount i can apply for 15 lots. However discount will be given only when shares are alloted. in that case how can i apply for 15 lots?

 

[suresh_trade512]

Re: reliance power ipo - time 2 make big bucks

Guys..

am new to apply ing in IPO..

I have the following query

1.
To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price....
That means..the bidding price wil be 450-20=430 for me (retail investor)

2.
So what does then the partial payment option offer ..which also says t hat I can bid for 115 per equity share

I mean what is the difference between the statements 1 and 2. Can you please clarify


Regards,
Suresh

 

[lijju.mathew]

Re: reliance power ipo - time 2 make big bucks

Guys,

I would be subscribing much hyped reliance Power IPO and would like to invest more than 1 lakh eventually falling under HNI's category. My questions is will HNI's too get the 5 % discount as retail investors?

Thanks
Lijju

 

[bkkhare]

Re: reliance power ipo - time 2 make big bucks

I expect Reliance power will give around 50-75 % return in IPO listing.

 

[Raju]

Hi jitendra.borole
So if a person has 1 lakh to invest he can apply for 14 lots.
1 lot=15 shares
So 14 lots=14*15 shares=210 shares applied for ..
Actual alloted all (assume-rare case) ..so actual investment = 210*450(max considered) = 94500.
Am I right ..?
Raju

 

[coolcritic007]

Hi! While applying for this IPO online, what option is available for part payment? IF I apply for 60 shares and I just wanna pay the application money of Rs.115 and the remaining later on, how will I pay the balance if I get allotment?