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Reliance Power Limited IPO Message Board (Page 353)

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38. Jassi |   Link |  Bookmark | October 13, 2007 12:50:11 PM
REL POWER ISSUE PRICE IS EXPECTED 50 TO 70 RS .
37. girish doshi |   Link |  Bookmark | October 12, 2007 8:43:27 PM
Reliance power,NTPC are postponded so be aware of your money
and make investment in gold for your wife
36. Amit Patel |   Link |  Bookmark | October 12, 2007 5:54:57 PM
Hi All

Expected time may be 15th November with a band of Rs.55 to Rs.60.
35. rahsut |   Link |  Bookmark | October 11, 2007 7:52:55 PM
The grey market for initial public offers (IPOs) is seeing new excitement, with the Power Grid Corporation scrip quoting at a premium even before the company announces a price band for the 100 per cent book-built issue.

Reliance Power has filed a draft prospectus for an IPO and the Sebi clearance is yet to come. Neither has the price band been fixed. The premium, which was Rs 32 on Monday in the grey market, has shot up to Rs 38-40 following the rally in the Sensex.

In the Rajkot grey market, according to a trader, the company’s issue forms are traded at Rs 4,000 each for an application of 1 lakh shares.

Incidentally, the forms are yet to be printed. When an investor applies for 1 lakh shares through a broker in the grey market, he will receive Rs 4,000 for the application.

He will have to transfer the shares allotted to the broker. In other words, the listing premium will go to the broker, while investors secure their money before the listing.

The rush in the grey market is attributed to a steep rise in prices of the Reliance group shares, the momentum in power stocks and the handsome listing of Power Grid Corporation.

For the first time, the grey market is quoting a premium for an issue that is yet to get clearance from the market regulator and even before the price band is announced.

Reliance Power proposes to issue 130 crore equity shares of Rs 2 each, which would constitute 11.5 per cent of its post-issue share capital.

The company is expected to raise between Rs 8,000 crore and Rs 10, 000 crore. This means the premium could be in the range of Rs 60-80 for a share of Rs 2.

Grey market traders said looking at the value of the other Reliance group shares and power stocks, Reliance power should list at Rs 100-plus, taking its market capitalisation to Rs 1 lakh crore. The premium will fluctuate depending upon the price band
34. Nimesh Ariwala |   Link |  Bookmark | October 11, 2007 7:40:44 PM
Hello,,,,,,,,,,,,,,
Reliace Power is also in to many business On...
Reliace Power is planning a capex of USD 15 billion over the next five years, added Singh. It has 60,000 high voltage transmission lines and will double in five years

On networking:
India is a huge country, where variation takes place almost on a daily basis. So, by creating a national grid, we are able to carry power from surplus regions to deficit regions and we are the ones who help in grid reliability and stability.


On RoE targets:
As far as Reliace Power is concerned, it is a regulated business. The maximum rate of return on equity we can get is to the extent of 16%, but nevertheless we have entered into a different arena of business- consultancy and telecom, that will boost up our return on equity, in the times to come.

On telecom business:
In telecom, we have provided 19,000 kilometers of optical fiber. With more demand coming in, in a very short period, we are establishing additional optical fiber.

On targets for the telecom business:
This year, for the first time in telecom, we will get substantial profits and will be able to wipe out our deficits. We had envisaged that after six years of starting this business, we will be earning profits, but we are getting profits a year ahead itself.

On consultancy business:
In the consultancy business, from the day you start, you get profit. Last year, we did consultancy worth about Rs 150 crore.

On capex:
We are planning to spend about Rs 55,000 crore or USD 15 billion, in the next five years time. The average RoE will be around 14.5%.

On power transmission lines:
We have 60,000 extra high voltage circuit transmission lines. We are going to double in the next five years. Physical work has already started for about 30,000 kilometers.

On business weightage:
Our principle job is transmission and telecom cannot substitute transmission. So, we will continue in transmission. But telecom is a synergy business. So, we are expanding in telecom also, &On debt equity ratio: and On Joint Venture:
33. Nimesh |   Link |  Bookmark | October 11, 2007 7:37:58 PM
Hello,,,,,,,,
Please Send for Reliance Power Ipo Date and Prise for Ipo.
What could be the minimum no to share Apply for Power Ipo......
And Please go for it is good issue.
Hey this is the best IPO....you will get benefit after listing..... its good from all others...... u can buy it.....
ok Good B...................
32. SHREYANSH HARILAL DOSHI |   Link |  Bookmark | October 11, 2007 5:40:51 PM
grey mkt premium for rpl is 50/-
31. chandni |   Link |  Bookmark | October 11, 2007 4:13:18 PM
What is issue price??? Is it face value+premium ? Please inform me. Thanks
30. tapan |   Link |  Bookmark | October 11, 2007 1:13:15 PM
the issue date is 20/11/2007 to 24/11/2007. . . . .
its confirm
29. Saigi |   Link |  Bookmark | October 11, 2007 9:59:55 AM
There are two payment method. Method 1 allows 25% on application and remaining 75% on Due Date and available to Retail category.

Could any one tell me please is there any diffrnce on laootment in these two method..


in which method chance is more to get alootment.
28. Dev |   Link |  Bookmark | October 11, 2007 6:03:20 AM
CBS--

u cant apply without a demat account...!! demat account is mandatory as per SEBI's new guidelines.
27. VIJAY |   Link |  Bookmark | October 10, 2007 10:11:02 PM
Dear All,

Few people are talking that REL IPO is coming from 30th October, Is it true.
26. Rahul Taneja |   Link |  Bookmark | October 10, 2007 6:10:06 PM
Hey this is the best IPO....you will get benefit after listing..... its good from all others...... u can buy it.....
25. Prajesh |   Link |  Bookmark | October 10, 2007 4:44:56 PM
could any body tell me what is the premium going on in reliance power
24. Naresh Patel |   Link |  Bookmark | October 10, 2007 2:43:43 PM
Reliance Power Application form sold 6500.00 for 1 lac
23. vs |   Link |  Bookmark | October 10, 2007 2:19:00 PM
Reliance Power Limited (Vs) POWER GRID CORPORATION

Reliance Power Limited (RPL) combined planned installed capacity of 24,200 MW across various geographic locations in India.

Power grid with an inter-regional power transfer capacity of more than 37,000 MW.Further, with the government planning to add generation capacities of up to 78,000 MW under the Plan, a strong and robust transmission network will be needed

RPL is currently developing 12 medium and large sized power projects

Power grid 15 large transmission projects that include the strengthening of existing transmission
lines
22. Arti |   Link |  Bookmark | October 10, 2007 10:41:00 AM
shrinivas
you can apply with same PAN with different demant account. But company has a right to disqualify all of them if they desire so( Multple application clause to be seen ).

try and share your experience here.
arti
21. Srinivas |   Link |  Bookmark | October 10, 2007 9:55:13 AM
I had 3 demat accounts with same pan no, Is it possible to apply with all 3 accounts.
20. srinivas |   Link |  Bookmark | October 9, 2007 7:23:06 PM

Can we expect reservation for existing investors in Reliance energy.?
19. Arshad |   Link |  Bookmark | October 9, 2007 6:25:36 PM
HI RAKESH

If u are lucky u may get allotment in both the cases.