Reliance Power Bonus Shares - Free for All Shareholders
Reliance Power Board will give free bonus shares to all it’s shareholders to compensate the losses everyone of us suffered when the company was listed a week ago and now trading at Rs 375.
Anil Dhirubhai Ambani Group’s Reliance Power shares are poised for up move on this news tomorrow on 18th Feb, Monday. This might lift the market up as well, the same way it pulled down the market on the Reliance Power IPO listing day of 11th Feb. On the listing day, Reliance Power share was down by 32%.
But Reliance Power board will not allot the bonus shares to company promoters. The company had issued the shares at Rs 450 while giving a discount Rs 20 a share to retail investors and accrued Rs 7,500 crore from IPO.
As per the Reliance Power Board and The Hindu - The company said its board would consider the free bonus shares at a meeting next Sunday, February 24, to benefit over four million of its investors and the cost would be accepted by promoter group by way of diluting its shareholders.
The company said that promoters would accept the dilution in their shareholding in the broader interest of investors.
Besides a proposal for issuing free bonus shares to all categories of shareholders, excluding promoters, the board would also consider other measures that could reduce the cost of Reliance Power Ltd shares below the IPO price of Rs 430 per share for retail investors, and Rs 450 per share for institutional and other categories of investors.
If you still did not get to know your IPO allotment status, please visit here to find out the number of shares alloted to you.
Update: Reliance Power Bonus shares ratio is decided and updated here, in today’s meeting on 24th Feb 2008. The bonus shares will be given to ALL SHAREHOLDERS and NOT ONLY to those retail investors who have applied for RPOWER [Rel Power] IPO shares.
UPDATE: Reliance Power Bonus Issue Record Date is Declared, Check it out here
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Comments
This is another smart attempt by Ambani to woo investors.
With bonus news reliance market will trade at higher value and most who are traped will find way out.
Don’t belive this company anymore.
The biggest scam happended in stock market.
Harshad Mehta scam was nothing in comparision to this.
@ SHYAM: You sound right, most of the small investors who are trapped in Reliance Power IPO shares might get out once the stock price reaches to Rs 450+.
But looking at the promoters are not taking their of Bonus shares, the intention of Reliance Power to give bonus shares looks legitimate. Don’t you think so?
It would be great if RPOWER gives bonus share are all retail investors. I have a doubt here ! Incase they are planing to give bonus shares, will they be giving shares only to the one bought through IPO’s.
@ Senthil, just updated the post to answer your comment. The bonus shares will be given to all shareholders on the record date.
The message is not clear. Bonus shares for whom ? - whether it is for existing share holders / or for only who got allotted through IPO ?.
@ Venkatesh, certainly it’s for all shareholders as per the news given on the TV channels as well as from the footage from ADAG meeting taken place today.
@ Venkatesh –> Admin meant it is not only to those who applied through IPO, but to all. Everyone who has she, whether you bought it through IPO or after the listing will get bonus share. But note that this is still not confirmed. They will be deciding this only after Feb 24 board meeting.
MERY MUH MAIN LADDU FUT RAHEIN HAIN YEH SUNKAR KI RELIANCE POWER BONUS DE RAHA HAIN. AB PAISA DOBULE HO JAYGA. ANIL AND TEENA DONO KO BADHAI.
WE HAVE BEEN TELLING OUR CLIENTS TO BELIEVE IN AMBANIS, THEY ARE AT THESE LEVELS DUE TO SUPPORT OF VAST SHARE HOLDERS SUPPORT AND THEY HAVE TO GO A LONG WAY AHEAD. THEY WILL DO BEST IN THE INTEREST OF SHARE HOLDERS , BELIEVE IN THEM.
Well, it is a good news for shareholders. People looking for easy money keep away - stock market is not for them. Reliance Power is happening. You cannot judge company just because of stock price - stock price is not depending on the economy; both are different. When the whole market is trembling what this stock can do. All you can need to do is wait and watch. That is my opinion!! Speculators will have their way out.
Question:
What is the cut off date to give bonus shares ? What if a person has purchased shares after hearing the bonus shares ? Will he be alloted ?
haaaaaaaaaaa… lots of peop[le are crying to know status of their rpower application. but do u know karishma of karvy. all the shareholders who have stopped their payment of applcation cheque, were allotted shares and even refund orders are also issued to them, and true invester are still serching their application. all of my friends who have stopped the payments receivrd shares in their dmat A/c. and now they received refund order too. KARVY ka KARISHMA!!!!!!! KARVY maherban to invester pahelwan. share bhi lo or refund bhi, even without investing.upper se bonus free me milega bhai…..
Its nonsense, more than the bonus shares, we investors want out refund amount to be credited to our bank properly. till date no news of refund amount. Its advisable to issue bonus shares for people who got allotment through IPO since they were the ones who lost out more. Others would have anyways picked up the shares at a much lower price than the IPO price (maybe at Rs.350, while IPO investers had paid Rs.430).
Mr Harisharan Gupta has applied for Future Capital IPO, his application No is 71113592 for Rs. 48,960/-.
He han neither alloted any share nor receive the Refund.
Could you please help me that when he receive the Refund????
Hi Guys,
Don’t rush around wait till Feb 24, 2008…most of the retailer’s are allocated only 16/17 Share’s which will cost 6800 -7300 INR…Gambling is on now & seeing with the recent market value its almost close to 430 slot(10-20 RS gap)…more over with the Bonus shares even if we get 2-5 extra shares there is no loss for retailer’s…I guess so its in a better position now and very soon will turn into profit..Good luck to all.
Past track record proves that Reliance has always rewarded its shareholders. Its just in the name. I think that the bonus issue announcement from RPOWER is just an example of this fact. I can not remember any other company offering bonus issue within just a few days of its listing on the bourses.
It can be argued that the pricing at Rs 430/share was a bit stretched, but considering the bull market conditions at the time when the RPOWER issue opened for subscription, I think it is understandable. Had the market not seen such deep correction afterwards, RPOWER shareholders would have been sitting on hefty gains. After all, most stocks have corrected 30-40% since then. I think RPOWER is good hold for a long term investor.
[...] per the news declared here before on Reliance Power Bonus Shares, Reliance Power today declared the Bonus shares ratio as 3 bonus shares for every 5 shares [...]
Its gud tme to sell the rpower, dnt wory u people wil get the bonus though u sel it today. So 450 is the right price to sel. Those having share on dtd 24 wil definitely get bonus.
Can anyone please tell me when will the bonus shares be allotted and are there any formalities to be completed by me or automatically will they be credited to my demat a/c where i got 17 shares allotted thru IPO
Thanks
I bought shares on 11th feb at 405/- per share thru demat account.
Did I get the bonus ?
Who are promotors and who are investors.?
Thanks in advance….
I bought Rpower shares from open market before the board declaration on bonus issue. Would like to know, am I also eligible to get bonus shares.
I have received 15 shares through IPO. 100% payment has been made and I have received my balance refund. What about my 9 Bonus Shares. When will they be credited to my demat account…..?
hello i m manoj chatley pls any one tell me whn the bonus share alloted. i hav not purchase share through ipo. i purchase share from open market on the day ipo listed. pls tell me the bonus share also given to me by company. pls answer me as soon as possible. thanks very much
I have purchased Reliance Power shares from the open market at the price of 356. after the bonus annoucement. Am i applicable for the bonus shares. Please comment
I am holding 282 shares of Rel Power as on 25 Feb.Am I eligible for Bonus shares?Balance of which date will be taken for issue of bonus share.Is I sell the shares now, will I be still eligible for bonus, if the date considered for bonus issue is before today.
Plz reply.
Anybody who buy the RPOWER shares from market gets Bonus Shares provided they buy before record date(Yet to be
announced)
I have purchased 100 Shares (Reliance Power) on 20 Feb 2008. Yet I am having the shares with me. Am I eligible for the Bonus Shares, if I will sell it within 4 days.
I Don’t believe in creditability of RPOWER the main reason being the high pricing of RPOWER issue and thus making fool of common man
Today is the 2.April.2008, Have they still not allocated the bonus shares? I do not find any in my account!
sir what is the record date for issue bonus shares.i want by r.power shares be fore record date.pl send me mail.
Who will get the Bonus shares for RPOWER.
If we purchase them from open market , still we are eligible or only the IPO alottees are eligible.
Pls advise
What is Record Date for Rel power IPO bonus share?
When I will get the bonus shares of Reliance Power?
I have purchased 12 Shares (Reliance Power) on 21 Feb 2008. Yet I am having the shares with me. Am I eligible for the Bonus Shares, if I will sell it within 4 days.
Who will get the Bonus shares for RPOWER.
If we purchase them from open market , still we are eligible or only the IPO alottees are eligible.
Pls advise
Dear sir, Relince power had announced the bonus share as ratio of 3 per 5, but i would like to know that when it is effected and allotment merged in our account. Pl confirm.
Thanks
dear sir tell me about reliance share of bonus. whats the struture of the bounous i mean how can u give bouns mens bye allotment or by share holder.
Who will get the Bonus shares for RPOWER.
If we purchase them from open market , still we are eligible or only the IPO alottees are eligible.
Pls advise
whats the date of bonus issue in the accounts and to whom it will alloted ,
those who got shares through IPO or as general buying
Lot of qurries from the investers to know when the bonus shares will be given to them. But it is painful to note that there is no solid reply from the company reg date of issue of the bonus shares as they decided to give.
When will we get Bonus shares for Rel Power?
Its been mor ethan 2 months they declared about bonus share with no further update.
I had bought 40 shares of Reliance Power on 11th Feb 2008(i.e on listing day) with cost of 420/share and holding till now.Is am eligible for bonus share or bonus shares will be given only for those who got this shares in IPO?
I had bought 17 shares of Reliance Power in Feb 2008(on listing day) with cost of 420/share and still holding till now. How much bonus shares will i get and how. Shall i apply for it or it will automatically adjust, I dint receive any documents for the bonus. please send the details to my id.
DEAR SIR
MY NAME IS ISH KUMAR FROM KAPURTHALA.I WANT OT KNOW ABOUT THE RELIANCE POWER BONUS.
THANKS SIR
BYE.
hello sir, i buy listing day for the reliance power at 412 rupees for hundred shares so iam also eligible for the reliance power shares plece tell me the mesage to me
hello,
if i purachases Rpower in this week then i will get bonus share? please reply me on my email id
sir want to ask you one question.
are you sure that the bonus share will give the benafit to all.
plz send me rpy.
Dear Sir/Madam,
I have purchased Reliance Power Shares on 12th May ‘08 Will i am eligible for bonus. If i sell all the shares on 6th June ‘08 will i get the bonus shares. Please reply me.
Suresh
Could you pls. tell me, when will the Reliance Power bonus shares gets credited to my account after June 2nd?
final decleration of all queries
even if we purchase reliance shares upto 28th may the n also we can get……because the recorded date is june 2nd.
if they will give to for only ipos why they gives recorded date?
I have 15 shares of reliance power and I will get 9 bonus share on this…………….but if I will trade it tomorrow then I will get the bonus share or not ??
Dear Sir,
R power 17 Eq has been alloted to me originally. and now i sell out this on May 4th 08.
kindly advise that i will eligible for bonus shares or not. or i should again buy the same.
pl. advise
with regards
subodh kumar singh
i will take rpower 50shares on 25-may-2008.will i get bouns shares.how many bouns share iwill get for 50shares.plz give me reply.
Sir,
i will take rpower 20shares on 29-may-2008.will i get bouns shares.how many bouns share iwill get for 20shares.plz give me reply.
thanks,
with regards,
Brijesh Sharma
DEAR
EveryBody, who have shares in ur demat a/c
on 30-02-5-2008, will get bonus share of
reliance power, whether u have purchase from
market or alloted in ipo.
i.e. if u have 20 share in your demat a/c on
30-05-2008 you will get
12 bonus share = (20 * 3) / 5
Sir,
i will take rpower 303 shares on Mar 2008 & cost apprx 400 each. will i get how many bouns share and what is the price.plz give me reply.
Regards,
Kalpesh S U
“i will take rpower 100shares on 19-feb-2008.will i get bouns shares.if yes then when i got bonus share .” plz give me reply
Till date 9-June-08.
There is no bonus share alloted in my Demate Account.
Please inform me when it will be alloted to my account.
OR
Give me some contact no. where I can contact.
I have 130 RPower shares bought on 20,May,2008.
As on 4:00 pm 09/06/2008 I still have these shares. Still I have not received any bonus shares. Please, anyone tell me when these shares will arrive in the demat acc.
i have alloted 17 shares of relpower and on 7th may i have purchased 130 shares.can you tell me how many shares will i get and when? will it come automatically to my account?
Who will get the Bonus shares for RPOWER.
If we purchase them from open market , still we are eligible or only the IPO alottees are eligible.
Who will get the Bonus shares for RPOWER.
If we purchase them from open market , still we are eligible or only the IPO alottees are eligible.
I am holding 52 shares of Rpower from may 7.
till date i have not recived the bonus shares.
can you plz clarify when will the shares be alloted. and will they be auto credited.
I got 17 shares of reliance power in IPO. But still no bonus hrae are cradited in my account. And now share valuue is quite low. when will get the bonus share????????????????????????????????????????
It takes a minimum of 1 week for the allotment after book closure, so by 17th june every1 shud have their bonus shares in their accounts and for earlr quries… any1 who bought shares on or before 29th of may and did not sell them on or before 2nd of June will get the bonus shares…
Sir
I having 360 RELPOWER shares, which were purchased thro” demat on or before 10 April. How many bonus shares will i Get?
Let me know the bonus shares automatically alloted in the Demat?
Any body received the bonus shares?
I had 35 RPower shares as on 3oth may 2008.
But I was allotted only 9 bonus shares.
Why it so?
Whom should I contact or complain?
TT Raja
I am waiting for bonus shares from day one after Reliance Powere IPO open.
Please provide Contact phone Numbers for Reliance Power Bonus shares.
Please provide some information for reliance bonus share. also pass some contact information for getting informaion for reliance bonus share
i simply don’t think so they will (can) do that…ppl have LOST in reliance groupe…