Anil ambani - chairman of Reliance Power spoke to media about the future plans of this Company
Some of the main points he highlighted are :
1. Rs 20 discount to retail investors .
2. 30 % of issue reserved for small investors
3. No pre ipo placement .
4. First plant to start generation from 2009 onwards
5. Venturing into windpower in karnataka for 250 MW
6. Plans to enter Nuclear power in future , already have 100 engineeres for that venture.
7. Anil ambani refused comments on dispute with RIL on Gas pricing issue
8. Anil amabani is much bullish about rel power and rel energy as a whole
9. Power equipment manufacturing thru a new company independent of Rel energy and r-power ( its a bit -ive news for rel energy shareholders )
10 . R-power plans to have assets of 28000 MW in future .
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5 comments:
Hi Nishant,
Do you if one can apply in IPO's through multiple demat accounts? I have got two demat accounts one is joint ac. with me as second holder and other one has me as first holder. Is, the PAN number of both account holders, checked in case of joint ac. during IPO allocation and rejected if they find multiple applications from same PAN?
Thanks...
Hello User..
There is absolutely no problem for you applying in IPO from multiple accounts... If u have 10 Demat accounts u can apply from all 10. No issues..
Any other query/suggestions/feedback you can contact me @ nishantlakkar@gmail.com
Regards
Happy Investing
Investomaniac
JAI DADI KI
But isn't it that multiple applications with same PAN even thru different DP accounts tracked and invalidated?
Thanks,
Ajg
As long as u are mentioning the PAN numbers there is nuthing to worry.. as far as validation is concerned screening out of individual pan numbers is not the process followed here and hence you dont have to worry about the same. As I said before.. If u have 10 accounts apply from all 10.. the basis of allotment is the same for all the companies....
By the way whats your name and how did u come across my blog?.
For any queries/suggestion/feedbacks mail me @ nishantlakkar@gmail.com
Best of Luck.
Happy Investing
JAIDADIKI
Thanks for the quick response. Bumped into your blog while google'ng for investment basics and ideas.
Regards,
Ankur
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