Reliance IPO - 15 shares for 43 lakh applicants

sabari164 · #1 31st January 2008, 01:56 PM

Hi,

Those who has applied for the issue, will get only 15 shares each in IPO.

4 lakh investors, who has applied for less than 225 shares, will not get any allotment. 3 lakh applications disqualified.

Share allocation process will end on Thursday. Excess share application money refund will begin on Friday

for further details http://www.moneycontrol.com/india/ne...o/13/37/323887

Regards,
Sabari

VasanSuccess · #2 31st January 2008, 02:07 PM

I guess, More of information is in site
http://www.reliancepower.com/

The allotment is much as expected, 1/15 of allotment as expected

shijutvm · #3 31st January 2008, 05:14 PM

Hi,

I applied for 3 lots (3 X 15 ) = 45 (Rs 19350) .. Will I get any one ?

Cheers up.

yatishjain · #4 31st January 2008, 05:30 PM

The chances of 15 shares for many applications look very bright.

surfingminds · #5 31st January 2008, 06:08 PM

I applied for both futura cap and reliance future cap din't get any hope can get 15 for reliance.

But I am just amzed to know what will you do with the refund money and its huge. even half of its comes to market will it increase the number of buyers and would the market rize up .

Any views?

sabari164 · #6 31st January 2008, 06:08 PM

If you applied only for 45 shares, surely you won't get anything.

Those who has applied for 225 shares will get 15 shares

soni_0709 · #7 31st January 2008, 07:10 PM

When the listin will done? tuesday or wedensday?

coolcritic007 · #8 31st January 2008, 08:55 PM

How does one know online whether the shares have been allotted or not?
And how many days will the refund take to come?

vinodkum009 · #9 31st January 2008, 09:01 PM

karisma.karvy.com u can look at here for status

MiLiNDOnline · #10 1st February 2008, 10:26 AM

Hi,

Does anyone knows the EXACT Date for Rel. Power listing, many peoples are saying abotu 6th of Feb but has it been confirm as of yet?

Thanks.