Reliance Power IPO opening on Jan 15th 2008

Issue Details
Reliance Power to issue 26 crore equity shares of Rs 10 each

Issue Contribution :

• Promoters’ contribution of 3.2 crore Equity Shares which shall be allotted at the IPO price to the Promoters.
• The balance 22.8 crore equity shares would constitute the net issue to the public.
• The issue will constitute 11.5% and the net issue will constitute 10.1% of the post-Issue paid-up equity capital of Reliance Power.

Issue Price :
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.
For Retailers we can apply at 430 rs ,which is approximately less by 5% of the
issue price.so we get at discounted rate by 20 rs.

Payment Option :
Reliance Power has also fixed convenient payment terms for all categories of investors. While QIBs are required to pay 10% on the application, the HNIs and retail investors will have the option to pay Rs 115 on the application, i.e. only approximately 25% of the issue price. The balance amount will be payable on allotment.

Issue Date :
The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.

Prediction : YOU WILL GET GOOD BENEFIT IN LONG TERM.

Stock Market Prediction for 8th January 2008

Market would be open Up. Market May up between 11.02 and 11.20. Market may steady between 14.12 and 14.33. Market may close at Up or near to previous closing.





Opening Bell Call
Buy
RELIANCE
ONGC
RPL
TISCO
ICICI
REL
RCOM
STERLITE

Stock Market Prediction for 7th January 2008

Market may open down. Market will be swing both ways & slightly move down. Market may up between 11.24 and 11.38. Market may steady or slide between 13.07 and 13.22. Market may close at down or near to previous closing.



Opening Bell Call
BUY
RELIANCE
BANKBARODA
IDEA
RNRL
TATASTEEL
GSPL
GBN