Reliance Power IPO was over subscribed heavily, but less than 15 times in retail section. Reliance Power IPO allotment in is confirmed one lot to each retail investor for those who have applied for 15 lots. Due to the partial payment option available, most of the retail investors have applied for all 15 lots allowed by investing only Rs. 25875. This saved a lot of money to be pumped into market due to this mega IPO or you might have had seen larger fall in the market on 21st and 22nd Jan. Reliance Power IPO Allotment Status will be available in the first or second week of Feb 2008. We will update the Reliance Power IPO Allotment details as soon as that are finalized.
Meanwhile, you can also go through the strategies retail investor should have taken while applying for Reliance power IPO. This also explains the lock-in period for part payments after the IPO shares list into market.
Update: Click here for Reliance Power IPO allotment status. The information on Reliance Power shall appear there any time soon.
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