Read before applying for Reliance Power...

krishna23 · #21 15th January 2008, 02:09 AM

the above article is quite clear...however if u wanna sell on listing and opt for part payment there is a risk that if ipo is not subscribed by more than 4 times(retail) u cannot sell on listing...ie,u have to make remaining payment and shares will be credited within 26 days...

so my suggestion is u wait until 18'th and if the data suggests an over subscription by at least around 3-3.5 times by then u can take a gamble by part payment...

ps: going by the euphoria the issue has created it is highly unlikely that it'll be subscribed less than 4-5 times...
also there is a risk that if there is too much supply things may not be as rosy as one imagines(Grey market is only an indicator to be taken with a pinch of salt)

rider.royal · #22 15th January 2008, 10:14 AM

Everyone is applying for this IPO believing it to list a very good premium and thus make good profit. The point is, if everyone is seller, who will be buyer??

sanx · #23 15th January 2008, 10:33 AM

Is it better to apply for full payment rather than part payment ? , is it possible that after allotting you will be not allowed to sell until you pay the remaining amount ?

moodyboyz · #24 15th January 2008, 01:56 PM

It is already subscribed more than 8 times on day one at 12.00

kamlesh.nariani · #25 15th January 2008, 05:24 PM

Quote:

Originally Posted by krishna23

the above article is quite clear...however if u wanna sell on listing and opt for part payment there is a risk that if ipo is not subscribed by more than 4 times(retail) u cannot sell on listing...ie,u have to make remaining payment and shares will be credited within 26 days...

so my suggestion is u wait until 18'th and if the data suggests an over subscription by at least around 3-3.5 times by then u can take a gamble by part payment...

ps: going by the euphoria the issue has created it is highly unlikely that it'll be subscribed less than 4-5 times...
also there is a risk that if there is too much supply things may not be as rosy as one imagines(Grey market is only an indicator to be taken with a pinch of salt)

Hey Krishna Thanks... really good info .. i did'nt knew that if the retail part if not subscribed by 4 times we cannot sell the shares on listing day ... any other such rules that are there for IPO's?

karthiksv84 · #26 15th January 2008, 10:33 PM

Thanks for the reply krishna...
So now since the ipo is already subscribed 10 times, will we be able to sell it on listing day if we opted for part payment?
and, Should we pay the remaining amount to the co. in the 9 days time before it gets listed?

P.S. - I am not sure that the 10 times oversubscription as shown in the media is the total oversubscription or that of the retail segment alone, and in that case, does anybody have any idea about the oversubscription by the retail segment ?

SpeedBall · #27 15th January 2008, 10:46 PM

Quote:

Originally Posted by karthiksv84

Thanks for the reply krishna...
So now since the ipo is already subscribed 10 times, will we be able to sell it on listing day if we opted for part payment?
and, Should we pay the remaining amount to the co. in the 9 days time before it gets listed?

P.S. - I am not sure that the 10 times oversubscription as shown in the media is the total oversubscription or that of the retail segment alone, and in that case, does anybody have any idea about the oversubscription by the retail segment ?

Dude don't worry about it at all.

If you're applying for 225 shares you have to pay some 25k.
Most likely everyone will be allotted 15 shares (1 lot) max 2 lots. That is equal to some 12.5k you won't have to pay anything more and you'll be allowed to sell too...

In a very unlikely event of you being allotted more than 4 lots you'll have to pay the balance within 21 days. As soon as you pay your DP account will show the shares and you can sell.

212DegreeCent · #28 16th January 2008, 04:37 PM

Quote:

Originally Posted by rider.royal

Everyone is applying for this IPO believing it to list a very good premium and thus make good profit. The point is, if everyone is seller, who will be buyer??

Point to think. Everyone is here for short gain.Looking at the expected output from Reliance Power, who will hold it for 4-5 years. If everyone is looking it for sale, who will buy......

212DegreeCent · #29 16th January 2008, 04:41 PM

karthiksv84,
Read this you will understand most of the things.
http://www.moneycontrol.com/india/ne...s/02/17/320645

Radhakrishnan K.P. · #30 24th January 2008, 09:01 PM

Quote:

Originally Posted by rajeshn2007

dont even dream of reliance power going below its issue price.
i accept it is an expensive ipo. it will get more expensive, after listing.
look at adlabs, rel, rel cap, rnrl .
just market cap game is going on.
the power of money taking everything to mind blowing rates.
may be it may come down and settle at lower price, but not at ipo price.

http://www.traderji.com/equities/182...bble-zone.html

Dear,

In the current senario what you expect? U cannot expect a high price when the Reliance Energy get listed. And those who have locked all their money in this IPO lost a good chance for investing in the shares at low levels.

View Poll Results: Will you apply for Reliance power IPO...?
Yes	58	79.45%
No	4	5.48%
Will gather after listing...	9	12.33%
will gather after year or so....	2	2.74%
Voters: 73. You may not vote on this poll