The country's largest IPO Reliance power is going to open on January 15. How can investors make money from the issue?

SET TO WIN: Latest IPO from the Reliance stable is generating much interest.

Call it the barometer of faith for the Reliance brand if you may, but there's no denying the fact that the latest IPO from the Reliance stables is generating as much interest as it can and if the debate between the short-term or the long-term perspective rages, if you are a retail investor, this is advise for you.

Modern Shares and Stock Brokers technical analyst Anil Magnani says, "What you ideally need to do is apply for the base of Rs 1 lakh shares at Rs 115. A share, which will work out to about Rs 25,875 for which you need to pay the money."

Simply put-in - you have two payment options the full-payment method that could give you 225 shares at an issue price of Rs 430 for which you pay Rs 96,750 upfront or the second more convenient one, where a base payment of Rs 25,875 allows you to apply for the 1 lakh at a go and gives you the levy of pay when you are allotted - something analysts suggests you should stick by.

"Since there is no limit to the amount of shares you can apply for. Avoid the temptation to apply for more 'because chances are you' only end up losing money on the leveraging and interest you'd pay on borrowed money," Magnani added.

So if you are one of the scores of investors who's banking on a few of these shares - hope you have gone through your check-list as well. Your cheques, the forms you need to fill, a prayer on your lips and your fingers crossed.

Besides a hope - that you will be lucky enough to be allotted a few of these shares.

Source : IbnLive.com