Reliance Power IPO Details

Discuss Reliance Power IPO Details at the Initial Public Offers (IPO's) within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear friends..... Reliance power details exposed.... Date - 15-18 Jan. 08. Band - 405-450 Lot ...


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  #1  
Old 2nd January 2008, 11:02 PM
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Thumbs up Reliance Power IPO Details



Dear friends.....
Reliance power details exposed....

Date - 15-18 Jan. 08.
Band - 405-450
Lot Size - 15 shares
Discount to HNI & Retailers - Flat of Rs. 20/-
Payment Option - Retailers may pay Rs. 115/- per share
Issue Size - 10260 Crs. (Upper Band)

if u r having any query.. u can contact me at jitendra.borole@ g m a i l . c o m

Last edited by jitendra.borole; 2nd January 2008 at 11:28 PM.
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  #2  
Old 2nd January 2008, 11:10 PM
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Default Re: Reliance Power IPO Details

Quote:
Originally Posted by jitendra.borole View Post
Dear friends.....
Reliance power details exposed....

Date - 15-18 Jan. 08.
Band - 405-450
Lot Size - 15 shares
Discount to HNI & Retailers - Flat of Rs. 20/-
Payment Option - Retailers may pay Rs. 115/- per share
Issue Size - 10260 Crs. (Upper Band)

if u r having any query.. u can contact me at jitendra.borole@ g m a i l . c o m
wat does it mean?
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  #3  
Old 2nd January 2008, 11:16 PM
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Default Re: Reliance Power IPO Details

hello dost! plz sugest me which one is better 3 in 1 cccount 1. icicidirect 2. dhfcsec 3. idbipaisabuilder
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  #4  
Old 2nd January 2008, 11:19 PM
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Default Re: Reliance Power IPO Details

means even if u r having a share price at Rs. 450/-
Firstly (@ the time of appling for an IPO) u can apply for the lots at the price of Rs.115/- instead of Rs.450/-

and if u get more shares then u can deposit remaining amount afterwards.
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  #5  
Old 2nd January 2008, 11:21 PM
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Default Re: Reliance Power IPO Details

if u r appling for an IPO then Icicidirect is good....
but in case of trding brokrage of Icicidirect is more..
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  #6  
Old 3rd January 2008, 04:41 AM
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Default Re: Reliance Power IPO Details

One question - Does it make difference if i apply under NRI segment vs normal (In terms of allotment chance). I am not sure if there is any NRI segment in IPO
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  #7  
Old 3rd January 2008, 05:02 AM
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Default Re: Reliance Power IPO Details

If u r not sure then why are u thinking of NRI segment...
This IPO size is very big....
Just apply under Normal retailer and enjoy the allotment.. for sure...

Apply for maximum and u will have maximum chances of allotment...
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  #8  
Old 3rd January 2008, 05:29 AM
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Default Re: Reliance Power IPO Details

The reason for my question was - I was reading in the paper the expected oversubscription for this is 100 times atleast. So if anyone knows anything on this ,please put some light.
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  #9  
Old 3rd January 2008, 07:08 AM
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Default Re: Reliance Power IPO Details

Hi, Jitendra.borole
I have a query ?
If I put 45000 for 100 numbers..there are chances that I would get few ..am i right ?
How much max shld we put as retailer so that we will get atleast few..
I am keeping aside 50000 for this issue...
Raju
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  #10  
Old 3rd January 2008, 08:45 AM
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Default Re: Reliance Power IPO Details

Raju,
I thinu hadn't read the first post correctly
Where i clearly mentioned that......
Payment Option - Retailers may pay Rs. 115/- per share

This means that even if a share price is Rs.450/-, a retail investor can apply for a part payment.

First thing a lot size is of 15.
u can only apply in multiply of 15. i.e. 15/30/45/60 and so on....

So 1 lot= 15*450=6750.
But they are giving discount for retail investors so it becomes

1lot= 15*430=6450.

Now second thing.--- part payment
Instead of calculating per lot with 450, u can calculate it with 115.

means for appling u have to pay only 115 not 450.

And if u got allocation. then u can made remaining payment..

Same as Dlf
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