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Reliance Power IPO Form for NRI
- Filed under: IPO, Reliance Power IPO
- Date: Jan 5,2008
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Bidding in Reliance Power IPO by Eligible NRI , this is one of the IPO that can be applied by NRI and think they come under the 10 percent category Some info from the RHP for NRI
1. Bid cum Application Forms have been made available for Eligible NRIs at the registered and corporate office of the Company and Members of the Syndicate.
2. Eligible NRI applicants may please note that only such applications as are accompanied by payment in free foreign exchange shall be considered for allotment under the NRI category. The Eligible NRIs who intend to make payment through Non-Resident Ordinary (NRO) accounts shall use the form meant for Resident Indians (white in colour). Non-Residents Indians require the approval of the RBI for subscribing to partly paid up Equity Shares and copy of such approval should be submitted
5 Responses for "Reliance Power IPO Form for NRI"
Thanks for the valuable information.
Can an NRI with no RBI permission but having a demat account that is PAN updated apply for fully paid up shares ( Option 2 of payment)?
I have take a PINS account ( NRI) but have not used it. Would the broker/ bank have taken the permission on my part?
Thanking you,
Best Wishes & Regards
an interesting question, I watch with interest as I want to apply for the shares
respected sir,
my question is what is the listing price of
relience ipo or it is long term or short
term share
Nzac, I am PIO based in UK and have been told I canot apply directly through the demat account (online). So try it online to check first if it allows you to apply for IPO’s. You can do this offline however through a broker!!
this ipo listed 950-1000
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