Reliance Power electrifies IPO Market

(Meghana Nair,Mumbai for thebullishtrends) Reliance Power will enter into Capital market on 15th January'08 is going to break the records. People are opening new demat accounts. We found many new demat account opening applications are pending in Reliance Money and with other broking companies. Reliance Power IPO is the first IPO of Anil Dhirubhai Ambani Group. People they have craze on Reliance Group Companies shares in the stock market. Lot of applications are pending in many broking firms to open demat accounts. We found cities like Mumbai, Hyderabad, Bangalore and Chennai lot of rush is there to open demat accounts. Second one is company is promoting this IPO very aggressively in media. Seems to be it will create a big record in IPO market.

Reliance Money is very busy in opening Demat accounts, there is heavy rush for almots all Reliacne Money Branches in all major cities. It takes to activate a new demat account not less than 20 days time hence we are providing a seperate Demat code for our Investors says a Senior Official of Reliance Money with that they can enter the Demat Code above the Demat Account No. in Reliance Power IPO, once the allotment finalised we will credit the sh ares to their demat account.