REC IPO Details

IPO Open Feb 19, 2008
IPO Close Feb 22, 2008
IPO Price ₹105
Face Value ₹10
IPO Size ₹1,639.26 Cr
Listing At BSE, NSE
Lot Size 60
Open an Instant Account with Zerodha

Check REC IPO allotment status online by clicking the button below. If you have difficulties finding the Rural Electrification Corporation Ltd. IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the REC IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Rural Electrification Corporation Ltd. IPO, check the 'basis of allotment' document.

REC IPO Allotment FAQs

Sorry. The tentative date of allotment for REC IPO is not available at this time.

Below are the steps to check REC IPO allotment status online:

  • Visit the REC IPO allotment status page.
  • Click on the green REC IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the REC IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of REC IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The REC IPO grey market premium gives some hint but the actual listing price is difficult to guess.

REC IPO allotment status is expected on . Click the green button REC IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If REC IPO oversubscribed in the retail category, the REC IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The REC IPO shares will get listed on Wednesday, March 12, 2008. The equity share of Rural Electrification Corporation Ltd. will list on BSE, NSE.

The reason you didn't get the REC IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The REC IPO will open for bidding on Feb 19, 2008. The IPO application closes on Feb 22, 2008.