In the first three months of 2008 , the total mobilization could touch a record Rs30,000crores as 170 to 180 IPO are lined up this year . ( this four times compared to last year)
Number of investors especially salaried class having limited funds to invest and are confused on which IPO to select ?
If you are looking for answer to the question " Should I invest in Reliance Power IPO? " than continue reading ...
Reliance is known for delivering high returns to its shareholders . When a group establishes such a trend than the trust becomes a single most important factor for investing.
This is main reason for the hype on Reliance Power IPO .
Relaince Power IPO will be oversubscribed and will be list at premium price giving good return for SHORT TERM .
However the prices will slide down or stagnate after listing in couple of months considering the nature of the industry. Power sector has high gestation period of 4 to 5 years .
Reliance is know for its power of execution and probability of setting up the power plants in record time is High . They had set-up Jamnagar refinery in record time .
Also The demand -supply situation is favourable for Power Sector . Accute shortage of power in the country will driving force for this stock in long run . Hence you will see an upward movement of share prices after couple of years
If you are not prepared to stay invested for a period of min 3 years than I suggest to Invest in this stock for short term ( 15 days )and make a quick buck .
Jan 9, 2008
Reliance Power IPO
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