Query Trends : Future and Reliance Power IPOs

Query: It is heard that many of the Investors have requested their banks to stop the payment for the FUTURE and Reliance Power IPO s due to the recent turnoil, can you tell what are the subscription figures forthese IPOs.? Prakash Desai

Thebullishtrends: It is true that HNI category Investors requ theested the banks for stop payment of their cheques to withdraw their subscriptions for Reliance Power IPO and few of the Investors have done this for Future Capital. But there are two talks are hearing in the market one is bad market conditons and second one is huge subscriptions of HNI category as they felt that this is the right to acquire shares in the secondary market. But it cannot happens to people who invested through Drafts and Online IPO system. It was happend yesterday and day before yesterday only. The exact figures yet to come.