Reliance Power IPO Listing

Sunday, January 20, 2008

Reliance Power IPO Listing

Latest News:
Expected IPO Allotment Date : Jan 31 / Feb 1
Expected IPO Listing Date : Feb 4

Click here for latest updates.

Reliance Power IPO Listing Date is likely to be in the first week of February.

Before the Reliance Power IPO opened for subscription, Business Standard quoted Anil Ambani saying he was targeting a February first week listing for Reliance Power IPO.

The good news is the final Reliance Power IPO subscription figures indicate that the IPO has subscribed by over 73 times, with retail subscribing just below 15 times.
Click to see the latest bid details

In the current scenario, where the retail subscription is below 15.5, 99% of retail investors who applied for 225 shares at cut off will get an allotment of 15 shares.

Listing gains are likely to be atleast Rs. 400 per share. Hence the net listing gain per application will be Rs. 6,000. How often does one get an opportunity to get a risk free (almost) return of about 25% in 20 days. That is the power of IPO’s. :-)

If selected properly IPO’s can help investors make high returns with minimum risk, in a short period of time. I’ve put in 1 application for 225 shares.

Hoping for a great listing for Reliance Power IPO. :-)

See also...

Reliance Power seeks SEBI nod for early allotment to QIBs

Investors can withdraw money from IPOs

Reliance Power: applicants rush to stop payment for IPO

Anil Ambani pledges shares to all retail investors

Reliance Power IPO sets world record $200 bn

Reliance Power IPO bid details

Reliance Power IPO Subscription status update

Rel Power IPO subscribed 73x; gets bids of Rs 7.5 lk cr

Rel Power IPO subscribed 23x; gets bids of Rs 2.34 lk cr

Reliance Power will go a long way, says experts

Electrifying response to Rel Power IPO, subscribed 14x

Rel Power IPO subscribed 10.5x; receives bids of $ 27.5 bn

Reliance Power IPO bidding starts tomorrow (15th Jan)

ATOzTOA : Latest Headlines


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