Reliance Ipo

luvarun · #31 8th May 2006, 02:49 PM

Hi

I've been allotted 116 shares for 1600 applied. By the way what is scope and price target for India's heavily over subscribed stock.

-arun

netaji · #32 9th May 2006, 02:38 PM

Quote:

Originally Posted by Ramya

Hi,

I wanted to know when will i get to know the allotment of the RPL.
Is there any pro rata basis especially for HNI.

Thanks.

At what rate it will be listed?

harmads · #33 9th May 2006, 05:08 PM

RPL will be listed on 11th May ....

sudhakarindia · #34 10th May 2006, 05:34 PM

Reliance Petroleum created history with its IPO and now it will be listing on the bourses on*May 11, 2006 on the BSE and NSE. *
*
The issue was*made to part finance the Rs 27,000 crore (Rs 270 billion) export-oriented refinery being set up in a special economic zone, SEZ, at Jamnagar in Gujarat. The export-oriented refinery will have a capacity to process 5,80,000 barrels per day making it the sixth largest refinery in the world. As a part of this project, RPL is also setting up a 900,000 tonne per annum polypropylene plant. The project is likely to go on stream by December 2008.
*
Moneycontrol spoke to experts*on the latest offering from the Reliance stable and its future prospects.
*
RS Iyer of KR Choksey is expecting Reliance Petroleum to list above Rs 95. He believes that it will stabilize between the Rs 75-80 range.*

An investor should wait for atleast*six months and gauge its future prospects before*taking a*decision on whether to hold or sell.
*
Iyer*further added, "IPO's will continue to boom until the markets are in a bull phase."
*
Sumeet Rohra of Antique Stock Broking anticipates RPL to list above Rs 85-90. It will stabilize above Rs 80, he says adding, "It is a good stock to buy. One can invest with a long term view."*

Investment Advisor SP Tulsian believes that RPL will open between Rs 96-100 or may be above Rs 100. He does not expect the stock to go below Rs 95.

The net size of the initial public offer, IPO available to the public was 45 crore shares. Retail investors had the option of paying only Rs 16 per share on application.
*
*
The Subscription pattern:
*
The issue has been subscribed 51.32 times. The retail portion has been subscribed 14.91 times. The total bids received were 2,309.53 crore (23.09 billion). The total bids received at cut-off price were 198.04 crore (1.98 billion). The qualified institutional buyers, QIBs, portion has been subscribed 68.22 times.
*
The non-institutional investors portion has been subscribed 59.13 times. The retail investors’ portion has been subscribed 14.91 times.
*
The following listed companies have a stake in RPL:**

COMPANY Shares (No)

RIL 337.5 crore*
SBI 5.22 crore*
IDBI 3.35 crore*
PNB 2.15 crore*
BOB 2 crore*
Canara Bank 2 crore*
Allahabad Bank 1 crore*
OBC 1 crore*
BOI 60 lakh*
Syndicate Bank 60 lakh*
UTI Bank 60 lakh

tobe_guru · #35 16th May 2006, 07:29 PM

Hi

I have been alloted reliance petroleum , i had applied for part payment
how do i make balance payment , i have icici direct account ,
does anyone have pointers to by when the payment is to be made

Thanks in advance

harmads · #36 17th May 2006, 04:12 PM

1..Depending on the number of shares alloted to you, say you asked for 1000 and paid @ 16.00 Rs.16000.00, you would be alloted 100 shares. They will deduct Rs 6000.00 and refund Rs.10000.00

Otherwise they will send you a call letter and you would have the option of paying by a certain date..

luvarun · #37 24th May 2006, 11:38 AM

Hi

Have u all recieved the remaining amout from Reliance IPO after deduction of the shares amount. Please let me know the time frame when we shall recieve the same.

-arun

harmads · #38 25th May 2006, 11:07 AM

Yes the amount was credited to my account long back.... checks may take longer to be received.

joy_verma · #39 25th May 2006, 04:28 PM

hi,
haven't received refund. applied through icicidirect.com.
vinay

mohdbinhaid · #40 25th May 2006, 08:51 PM

Quote:

Originally Posted by joy_verma

hi,
haven't received refund. applied through icicidirect.com.
vinay

hi joy,

i got the cheque long back ....to be precise 10th of this month..contact the broker through which you applied..

regards
mohammed bin haid

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