How many share be issued by the Relience Power to a single investor?
Ernie asks:
The IPO was close on 18 Jan08 and I had invest Rs 25875/- for the total one lacs investment.
The IPO was close on 18 Jan08 and I had invest Rs 25875/- for the total one lacs investment.
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I am at the same position as you are but might be bit diffrent I have invested the same amount from 4 diffrent demat account from all my familoy member….
Answer to your question : The numbers which are we getting as a guess from the sources those work in Reliance says one single investor might not get more then 15 o 60 share and the amount you paid might get some amount refund from Relaince just let hope for the best of unites we will get and also Best of Luck to both of us to get this share list on Sexsex with Record amount
NOTE : one thing you might not be knowing for partly paid share there is a lockin period of 21 days (what i have heard) that meen we cant sell out share forfirst 21 days of listeng cause we have paid shares partly and the preferance will be given to those first those have paid fully (I am not sure about this) but told you cause might be this would be your 2nd question on yahoo
Hope this might solve your query
Regards
Max 225 // Minimum -None !