Comments on: Reliance Power IPO Allotment Chances tough

By: Saate

Saate — Thu, 31 Jan 2008 06:26:00 +0000

Gangadhar knows everything-better we will wait for his statement and see what happens

By: rocky4

rocky4 — Fri, 25 Jan 2008 12:19:56 +0000

allotment of 15 shares to everyone is almost guaranteed because there are 68,400,000 shares for the retail category and there are 90 lakh demat accounts in this country (nsdl and cdsl). this means that even if every person holding a demat account in this country had applied in retail category they would still get 7.5 shares.in reality,fewer than fifty percent of account holders would have applied in retail category and therefore the chances of allotment of 15 shares are excellent.
this formula of number of demat accounts vs number of shares for allotment can be applied to any ipo to determine chances of allotment.
— bullish indian, what do you think.

By: Bullish Indian

Bullish Indian — Thu, 24 Jan 2008 21:03:25 +0000

@rampal – Only those who applied for 15 lots will get 1 lot on a firm basis. Others will get 1 lot on a lottery basis.

By: rampal

rampal — Thu, 24 Jan 2008 04:29:17 +0000

it is in correct to say that the allotment chances are tough, in fact every one will get one lot and that is 15 shares.

By: samyak

samyak — Sun, 20 Jan 2008 17:30:33 +0000

i would know abt when we will get our shares in our account.tell me date