Tag Archives: Reliance

Investors commit Rs 4,000 cr for Reliance Gold Fund

Investors commit Rs 4,000 cr for Reliance Gold Fund Agencies New Delhi, Mar 9: Anil Ambani group firm Reliance Mutual Fund today said that its new Gold Savings Fund has got applications from over two lakh investors -- a record for any new fund offer (NFO) with actual investments and firm commitments worth Rs 4,000 crore. Read more on Central Chronicle Read more >>

Where can i check Reliance Power IPO application Status ?

Can u please send me a link to check the Reliance Power IPO, I want to check if I have been alloted shares or not. Thanks in Advance. Read more >>

What is the IPO prospects of Reliance Infratel , Will it boost like the Reliance Power ?

Is Reliance Infratel IPO a worth , or its a mere market capital game of two brothers ? Read more >>

Reliance Power IPO ready for listing

The Reliance Power initial public offering (IPO) is ready to hit the street on January 15 in a price band of Rs 405 to Rs 450. Each share has been priced at Rs 405 at the lower end and Rs 450 at the upper end of the band. The company plans to offer the retail investors or those applying for Rs 1 lakh will get a 5 per cent discount. Read more >>

Rajkot Investors Filed Appeal Against Sebi Order on Reliance Power Ipo

Rajkot Saher Jilla Grahak Suraksha Mandal has filed an appeal against SEBI’s order dated December 27, 2007 on much controversial Reliance Power IPO with Securities Appellate Tribunal (SAT) on the last day of the year 2007 i.e. December 31, 2007. The said appeal has now been placed for hearing on January 04, 2008. According to the appeal memo, SEBI is asked to be present before the Hon’ble Tribunal on January 04, 2007 if desires. As per the appeal memo, SEBI is called upon not to Read more >>

Reliance Power Trying to Rush With Ipo

Reliance Power trying to rush with IPO by modifying originally proposed terms in order to avoid public scrutiny and answers to key questions related to corporate governance. SEBI has cleared it without addressing concerns of Reliance Energy investors. Discount to retail investor is only a gimmick. High premium being charged from public who are being hoodwinked with a facility to pay in installments. Promoters enriching themselves with shares issued at cheap price. SEBI should n Read more >>

Investors Plan Protest Against Sebi and Reliance Power Ipo for Duping Consumers

Federation of small investors demands resignation of SEBI chief for approving Reliance Power IPO at such a high rate. Allege duping of investors all over the country. Investors plan protests outside SEBI office in Mumbai and out side ADAG money offices in various parts of the country. Federation of Small investors, an apex body of investors from all over the country plan protest outside SEBI office tomorrow at Bandra Kurla complex in Mumbai and burn the effigy of SEBI chief M Damodaran a Read more >>

Rel Investors Worried Over Reliance Power Ipo; Adag Cries Foul

New Delhi, An association of investors in Anil Ambani-led Reliance Energy today alleged that the planned IPO of Group Company Reliance Power will erode the value for REL shareholders, but ADAG termed it as a "vicious campaign" by vested industrial interests. "A close study of draft prospectus reveals that the power generation business opportunities secured in the name of REL and secured with the strength of REL have been transformed to RPL b Read more >>

Few Points About Reliance Power Ipo Investors Should not Overlook

The Securities & Exchange Board of India (SEBI) has asked Kotak Mahindra Capital Company Ltd, lead manager to the Reliance Power IPO, to provide certain clarifications related the public offer even as concerns have been expressed over corporate governance issues involved in issue of the company's shares to promoters at par and transfer of Reliance Energy's power projects to Reliance Power. The Anil Ambani Group had stated recently that SEBI's clearance for the IPO is awaited. REL investor Read more >>

Reliance Power the Unluckiest Ipo Ever in India

Today the Reliance Power shares further fell by another Rs. 50 and the shareholders seem to have no where to run. The IPO was listed yesterday and opened below the expected price. The share are continued nose-diving today too. Reliance Power is the first company bearing the Reliance tag and showed losses of the listing day. Some experts are saying that the Reliance Power was aggressively priced and the consequences were very much expected. In various markets, Reliance Power IPO is consider Read more >>