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Reliance Power IPO Listing Date is likely to be in the first week of February. Before the Reliance Power IPO opened for subscription, Business Standard quoted Anil Ambani syaing he was targetting a february first week listing for Reliance Power IPO. The exact listing date of reliance power ipo will be updated here as soon as it is announced. The good news is the final Reliance Power IPO subscription figures indicate that the IPO has subscribed by over 73 times, with retail subscribing just about 15 times. The exact split up is not available, but my estimate is that retail category will see a subscription of 14.5 times to 15.5 times the IPO issue size reserved for the particular category. If the retail subscription stays below 15.5, then 99% of retail investors who applied for 225 shares at cut off will get an allotment of 15 shares. Listing gains are likely to be atleast Rs. 400 per share. Hence the net listing gain per application will be Rs. 6,000. How often does one get an opportunity to get a risk free (almost) return of about 25% in 20 days. That is the power of IPO's. If selected properly IPO's can help investors make high returns with minimum risk, in a short period of time. I've put in 6 applications (in different names) for 225 shares, per application. Hoping for a great listing for Reliance Power IPO. More updates on Reliance Power IPO Listing Date and Reliance Power IPO Listing Price will follow shortly. Source : bullishindian.com |
