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REC FPO Details

Issue Open Feb 19, 2010
Issue Close Feb 23, 2010
IPO Price ₹203
Face Value ₹10
IPO Size ₹3,530.04 Cr
Listing At BSE, NSE
IPO Lot Size 30
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REC FPO Date & Price

The REC FPO opens on Feb 19, 2010 and closes on Feb 23, 2010.

Sorry the REC FPO timelines are not available at this time.

REC FPO price is set at ₹203 per equity share.

REC FPO will close for subscription at 5 PM on Feb 23, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The REC FPO starts on Feb 19, 2010. The issue ends on Feb 23, 2010.

REC FPO Issue Size and Subscription Status

The REC FPO size is 171732000 Equity Shares of ₹10 aggregating up to ₹3,530.04 Cr.

Rural Electrification Corporation Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for REC FPO shares through the banks (using ASBA) or through the broker (using UPI).

REC FPO Offer Size

Qualified Institutional Buyers (QIB)85,691,000 Shares
Non-Institutional Investors (NII)25,707,300 Shares
Retail Individual Investor (RII)59,983,700 Shares
Employee Reservations350,000 Shares
Other Reservations0 Shares
Total Issue Size171,732,000 Shares

REC FPO IPO Subscription Status

Qualified Institutional Buyers (QIB)5.52 times times
Non-Institutional Investors (NII)2.05 times times
Retail Individual Investor (RII)0.23 times times
Employee Reservations0.85 times times
Other Reservations times
Total Issue Size3.14 times times

Click here to check the REC FPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in REC FPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check REC FPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

REC FPO Allotment and Listing

The tentative date for REC FPO allotment status is not available at this time. You can check the REC FPO Allotment Status as soon as it is available.

Click here to check REC FPO Allotment Status.

REC FPO listing Date is Mar 8, 2010. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The REC FPO listing date and time is published by the exchange in a circular.

Click here to view the REC FPO Basis of Allotment.

It is hard to say at what price REC FPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The REC FPO shares will list on Mar 8, 2010 at BSE, NSE.

REC FPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about REC FPO which could help you with questions like REC FPO buy or not? You should also read REC FPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

REC FPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the REC FPO performance. The performance reports are available 1 day after listing.