Reliance Energy IPO

#1
Hi Everyone,

I am a newbie with IPO's . But I have just seen gr8 rise in POWERGRID IPO.
I have applied for 2 lots of it on the last day. but Unfortunatlly I haven't received any single share of it.

Now I am planning to have Loan for Reliance Power upcoming IPO.
So can I take such risk. when this IPO will lanch. And when should I apply for it so that I will get atleast few shares.
 
#2
There will be the biggest rush you have ever seen for any IPO, ever... except maybe Google... :p I am thinking of not applying and just picking it up from the market after listing, because I'm never lucky with getting shares alloted before listing... :)

That said, this promises to be a bumper IPO... atleast double is assured on listing(conservative estimates)..
 
#3
yes that true.

Yesterday i found lot of movement in the power grid.

Its not bad idea if any one purchase for long time and every one expecting it will touch 600 mark in the two years..
 

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