KNR Constructions Limited IPO allotment details is now available and can be checked here.IPO was oversubscribed by 1.25 times and 0.2772 times on the retail side.
http://www.intimespectrum.com/site/ipo.asp
Bang Overseas Ltd IPO was oversubscribed by 1.24 times and 1.1712 times on the retail side .The IPO closed on jan 28th 2008. Click the link below for allotment status.
http://203.199.177.158/ipo/
Reliance power listed at Rs.525/- and crashed immediately to 390 after hitting a high of Rs.599 along with reliance energy. 15 million shares were traded in the first few minutes. It has caused tremours around the small share holders around the country. Anil ambani was there in the BSE to kick start the listing. The share has some what stabilised around Rs.412
Reliance Power listing is a big awaiting event for every investors on the street, who have got allotment of it shares as well as for market as it was the biggest issue in Indian Capital Market history. Reliance Power IPO Listing Date is confirmed to the market and slated to list on Monday, February 11, 2008
During the issue time, experts were expecting the premium for Reliance Power nearly Rs 400-450. Everyone was very optimistic about this listing. But as the market's turmoil has been started post issue, the premium also start declining. It reduced to Rs 120-150 as per experts quote.
Details of Listing:
BSE Script Code: 532939
NSE Symbol: RPOWER
Listing in: A Group of Securities
Issue Price: Rs. 450/-
(Discount of 20 rs for the retailers)
Face Value: Rs 10/- Per Equity Share
The market is full of roomer regarding the premium the Reliance Power listing would get. Experts say if it lists above Rs.600, it will be a major boost for the indian stock market. Not only the secondary market, but it will also trigger a fresh IPO boom. The current IPO's are struggling to get minimum subscriptions.
The Reliance Power IPO will list on February 11th 2008. The market buzz is that , reliance is ensuring that the refunds are reaching the subscribers, before they list.
Reliance Power IPO allotment status is available now , Visit the link below
http://www.karvy.com/ipostatus/
Reliance Power IPO Allotment status
Over 41.7 lakh successful bidders in the retail category will get around 15 shares each while approximately 4.5 lakh retail investors who bid for less than 225 shares would not get any shares according to the allocation as approved.
The excess application money of approximately Rs one lakh crore received from the investors is being refunded to the investors. Post allotment Reliance Power has approximately 42 lakh shareholders.
NSE Press Release
The equity shares of Reliance Power shall be listed and admitted to dealings on the National Stock Exchange w.e.f. February 11, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
Symbol:RPOWER , Name of the Company: Reliance Power Limited, ISIN Code: INE614G01033
NSE Press Release
The equity shares of Reliance Power shall be listed and admitted to dealings on the National Stock Exchange w.e.f. February 11, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
Symbol:RPOWER , Name of the Company: Reliance Power Limited, ISIN Code: INE614G01033
