Comments on: Reliance Power IPO Payment Options Explained

By: Sanjay Maji

Sanjay Maji — Sat, 09 Feb 2008 13:40:42 +0000

The allotment procedures for Reliance Power Limited seems to be in mess. I have been alloted 17 shares against bid of 225 shares, but the shares are not yet credited to my demat accounts. The balance application money is also not credited to my account till date. It is sheer nonsense to talk about listing gains to small investors like me. Horrible companay with horrible management

By: sauchand dhaker

sauchand dhaker — Wed, 06 Feb 2008 19:06:05 +0000

sir/madam,
I get 15 share of Reliance Power but Till Now my payment was not deducted from my bank account. so what can i do now
please help me

regards
sauchand dhaker

By: Subramanya

Subramanya — Mon, 04 Feb 2008 13:01:55 +0000

I have purchased 3 time , and 15 Shares are allocated to me , i have to Pay remaining 1200.

How much time can I get after Allocation and Listing.

By: DHARAMBIR

DHARAMBIR — Fri, 25 Jan 2008 08:23:09 +0000

I had applied for reliance IPO on retails option but by mistake my bank returned the cheque payment. I am in deep shock i dont want to lose the opportunity is there any way to solve the issue ? whom do i contact ? i am want to make the payment
This is very urgent reply soon

By: investor

investor — Thu, 17 Jan 2008 15:45:05 +0000

Is it possible to buy IPO under both retail and non-institutional category?

By: Ashraful

Ashraful — Thu, 17 Jan 2008 14:51:42 +0000

I want to invest for reliance power ipo but i dont have pan card(student)so is it no problem.
secondly i want to know how will i get profit can u tell me little detail.

By: deepak

deepak — Thu, 17 Jan 2008 08:55:29 +0000

I would like to be informed on the minimum number of shares one can apply for Reliance Power.

By: Niranjan

Niranjan — Wed, 16 Jan 2008 13:25:18 +0000

Hii all
Can u plz answer question number 20 I hv the same exact query … kind enuf to share ???
Hi padak (q 20 ) if u hv already found an answer for that plz mail to niranjan.fl@gmail.com thnks

By: Pankaj

Pankaj — Wed, 16 Jan 2008 06:21:06 +0000

Hi
You can apply from more than one account for an IPO but U will be allocated share in only one account as at the time of allocating share they allocate share using your pan card which is unique for a person.so a person can apply from only 1 demat account
Pankaj Jain

By: Bullish Indian

Bullish Indian — Tue, 15 Jan 2008 23:24:18 +0000

@Abhinav – That’s good news. Thanks for sharing. It looks highly likely that the retail category in reliance power IPO will subscribe by 4 atleast times.

By: Ravi

Ravi — Tue, 15 Jan 2008 21:53:11 +0000

Abhinay,

Thats good work. Its the info that is not published any where atleast I didnt find.

By: informer

informer — Tue, 15 Jan 2008 21:42:30 +0000

Hi,

In sharekhan.com you can apply for IPO and there is something called as second applicant. Just wanted to know whether I can apply( 1 Lakh each) for my brother and not cross over to the Non Institutional Investor group as I believe chances of getting alloted in Non Institutional section is less. Thanks a lot

Thanks

By: Arijit

Arijit — Tue, 15 Jan 2008 21:07:48 +0000

I would like to be informed on the minimum number of shares one can apply for Reliance Power.

By: Abhinav

Abhinav — Tue, 15 Jan 2008 20:13:18 +0000

Hi Bullish,

This is from the RHP page 49.

“In the event the Issue under the retail category is oversubscribed by 4 or more times as explained in the Illustration 4
and Illustration 5 in the table above, no further amount will be payable on allotment. Excess amount after adjusting
the full amount payable for the shares allotted will be refunded”

So in case the retail category is oversubscribed more than 4 times, only fully paid shares will be issued.

By: Raj chandani

Raj chandani — Tue, 15 Jan 2008 16:41:34 +0000

I have a demat a/c for which i have given the details of IDBI bank . Can i issue a cheque of any other bank while appyling for the IPO.