Analysis and Insights into the world of IPOs and investing in India

Saturday, January 5, 2008

Reliance Power Limited IPO payment options

Retail and Non-Institutional Investors can also opt for Partial Payment option, which is an added option besides the normal full payment option. However, this option is not available to Qualified Institutional Bidders (QIBs). The two options available to Retail and Non-Institutional Investors are:

Option I: Partial payment option - Rs. 115/- Per Equity Share at the time of bidding
Option II: Full payment option - Rs. 405/- to Rs. 450/- Per Equity Share


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