i feel people sould apply for this ipo as well cause, more people will be willing to apply for reliance power and they will hold there money for reliance power and retail sector in future capital will not be oversubscribed hugely as people will hold money for reliance power so one should apply for this ipo partly as well as reliance power as this strategy is the best strategy for maximum gains.
Greymarket site is indicating that IRB infrstructure is going to come out with an IPO of more than 5 creore shares of Rs 11000 crores by the end of January. Can anybody comment on this issue.
grey Market Premium Rates Company Open/Close Offer Price Premium Kostak Rates Futurecap 11 -16 Jan 700 to 765 525 to 540 3000 to 3100 Relpower 15 -18 Jan 405 to 450 430 to 450 9500-10000 Precision 17- 20 Dec 140 to 150 25 to 30 ------- Porwal 17 -20 Dec 68 to 75 Discount ------- Manaksia 17 - 19 Dec 140 to 160 15 to 17 ------- Aries Agro 14 -19 Dec 120 to 130 35 to 40 -------
IPO of the Brigade Enterprise was opened having a premium of Rs. 150, But at the time of listing it was on disscount, I have 25 Nos. of share of Brigade, Please let us know , I hold it or not?
Public issue of 6,422,800 equity shares of Rs.10 each of Future Capital Holdings Limited ("FCH" or the "Company" or the "issuer") for cash at a price of Rs.[*] per equity share of Rs.10 each aggregating Rs.[*] Crores (the "issuer").The issue would constitute 10.16% of the post issue paid up capital of the company. Price band : Rs.700/- to Rs.765/- per equity share of face value of Rs.10 each The issue price is 70 times the face value at the lower end of the price band and 76.5 times the face value at the higher end of the price band.
Bid Book Built Portion Fixed Price Portion Money payable on Opens on Closes on Opens on Closes on Opens on Closes on Application Jan 11,2008 Jan 16,2008 Jan 11,2008 Jan 16,2008 Jan 11,2008 Jan 16,2008 Rs. 700.00-765.00 Minimum Application for shares in Nos (Book built portion) :8 Minimum Application for shares in Nos (Fixed price portion) :8 Further muliples of :8
Though the reliance IPO is the largest IPO, the face value of one share is Rs.2, plus the allotment to retail investors is 30% only. should the amount be invested in Future Group rather than Reliance Power...since reliance power is expected to be highly over-subscribed.