Re: reliance power ipo - time 2 make big bucks
it is good long term investment opp. to us again after gmrinfra, rpl,educomp,powergrid......
first uipdate ur MICR no to ur DP account ( just submitt crossed cheque to ur broker) this will help to get any refund fast. many people (and me too) faced problem for refund of mundra and religare ipo.
go for higher bidding and max. lots.....and on listing day check ur luck
Reliance Power has fixed the price band for the IPO at Rs 405 - 450 per share.
The IPO is scheduled to open on January 15, 2008 and will close on January 18, 2008.
To enable large participation by retail investors, Reliance Power will offer a discount of Rs 20 per share to the retail investors, i.e. approximately 5% of the issue price.
CRISIL assigns grade 4/5 to Reliance Power IPO
source:moneycontrol.com