Reliance IPO-What is the limit for retail investor?

IPO opening on Jan 15th 2008 and closing on Jan 18th 2008 , just 4 days of availability

Price : 405 to 450 Rs
lot sizem:15 stocks

the max Retailers can apply for?

>>With the limit of 1 lac and not more than that for retailers its 225 stocks which is the max bid they can apply for
and min bid of 15 stocks. I know you will do the math of multiplying it with 450 and say it exceeds the price ,

>> but you guys need to put in 5 percent discount if you take into picture that dicsount then 225 is the max we can apply.

Max. limit per retail investor is Rs. 100,000. min. will be known only on Jan 15th as the application form comes out.
for retailers it has an option of 25 % payment and also of a 10% discount.

Limit is 1,00,000/-

But you just need to pay 25% of bid amount now.

rs 99,999.00

Retail investor can invest
maximum amount = Rs.430 x 225 shares =96750
and mimimum amount = Rs430 x 15 shares=6450

Tags

　　Make Money 　　Low Risk Investment 　　Long Term Investment 　　Investor 　　Investment Fund 　　Investment Trading 　　Investment Strategy 　　Investment Services

Related information

What is the best strategy a small time investor can take to profit from the visa IPO?

Its going to be tough to get in on the IPO. In-demand IPOs like visa tend to be snapped up by institutional investors and remaining stock is allocated to sales offices of the brokerage firms. So ...

In at two-for one stock split an investor who owns150shares before the split will own - shares after the split

A two-for-one split means just that - so after the split someone who had 150 shares will own 300 shares, with each valued at half the cost. For example, if I own 150 shares worth $100 each, I ha...

In a two-for one stock split, an investor who owns 150 share before the split will on- after the sprit?

In a two-for-one split you end up with two shares for every one you had, so if you start with 150, you will end up with 300. The price of each share will be cut in half so the total value of your ...

Does anyone have any personal experience with an investor buying out your home and if so, what happened?

Unless you desperately need the money...stay away from selling to an investor. You will most likely not get a fair amount of money for your home as many investors buy 20-30% under market value fro...

What would be the suggestion for share markets investor?

Stay Calm and be Invested. Market is highly volatile and look for Long term Investments.

...

WHAT is the best way to find an investor fort my idea?

Your local business network, they give grants and the like too. Businesslink +your county will be the web address. They are very helpful and have access to 'buisness angels' like d...

Are there any laws that limit an average investor from buying options?

Characteristics and Risks of Standardized Options - written and published by The Options Clearing Corporation, must be read by an investor prior to buying or selling options contracts. That is t...

Does anyone have any advice for a beginning investor?

Sure, first, remember the difference between investing and trading. The bulk of my money is invested, put to work for the long run and otherwise prettywell left to do its thing. But I do have money...