Are you ready for Reliance Power IPO?

Thebullishtrends: The present expected subscription scenario of Reliance Power IPO is at 7-10 times in retail category.

*The minimum application lot is 15 shares and maximum is 225 shares.

*Retail Investors will get shares at Rs.20 discount per share and there is no variation in allotment chance of Reliance Power IPO between partly paid and fully paid applications.

*If you are applying fully paid shares in Retail Investor category the upper price band is Rs.430 the amount for fully paid applicants should not be crossed Rs.Rs.96,750.

*Incase you choose for Partly paid option then you have to pay Rs.115 per share the maximum amount should not cross Rs.25875.

*CRISIL has given 4/5 grading the Reliacne Power IPO which states the company issue is having above average fundamentals.

*Reliance Power IPO will open on 15th Jan'08 and will close on 18th Jan'08. Allotment will be finanalised within 2 weeks of the time and shares will list in stock exchagnes in first week of February'08.