Reliance Power IPO Allotment Chances

Reliance Power IPO Allotment chances should be good at-least for the retail investors. Taking into consideration the final subscription figures in the retail segment which has been oversubscribed by 14.4 times, Investors who have applied for the maximum 1 lakh amount should definitely get the minimum allotment of 15 shares. While Mr.Anil Ambani has clearly expressed his interest that the Retail investors should definitely get allotment following his fathers footsteps. Reliance Power IPO received applications of 50 lakh from the retail investors which is a record number of applications in any other IPO in the world. This means Reliance Power IPO will have the largest number of retail shareholders. As per Anil’s wish that the retail investors should be allotted shares if we do the calculation total number of shares offered under the retail segment are 6.5 crore and considering the total number of applications received which are 50 lakh applicants everyone should receive 13 shares if the allotment is generalised irrespective of the bid amounts. I believe that the Reliance Power IPO Allotment should be good for the retail investors and everyone who has applied in the retail segment should be allotted shares. Investors who have received shares in Reliance Power IPO Allotment can definitely reap money on the listing of Reliance Power IPO. More information regarding the Reliance Power IPO Allotment will be updated soon over here, moreover Reliance Power IPO Allotment is expected in the First week of February. Keep visiting for more information on Reliance Power IPO Allotment.

Reliance Power IPO Allotment Update : 43 Lakh applicants of Reliance Power IPO to get 15 shares each as per the latest news from the markets. Anil Ambani has kept his words as per the allotment and all the investors who have applied for the maximum amount that is 1 lakh (225 shares) will get firm allotment of 15-17 shares in Reliance Power IPO. Out of the total 50 lakh applications received 43 lakh applicants will get allotment, 4 lakh applicants have applied for less than 225 shares will not receive any firm allotment as they have to participate in lottery and the other 3 lakh applications are disqualified. Shares allotment process will be finished today and the Reliance Power IPO Refunds will begin from Friday. Check Reliance Power IPO Allotment Status at the registrar website.

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