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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
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    Sep 26, 2022 5:28:00 PM

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  12. REC gets Maharatna company status

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REC IPO Alerts

1. Rural Electrification Corporation Ltd IPO - Listing  Wednesday, March 12, 2008 12:00:00 AM

Rural Electrification Corporation Ltd IPO Listing date and info:

IPO Listing Date: Wednesday, March 12, 2008
BSE Script Code: 532955
NSE Symbol: RECLTD
Listing in: ‘B’ Group Securities
ISIN: INE020B01018
Issue Price : Rs 105/-
Face Value: Rs 10/- Per Equity Share

2. Rural Electrification Corporation Ltd IPO Listing Info  Monday, March 10, 2008 8:11:00 AM

Rural Electrification Corporation Ltd IPO Listing Info:

IPO Listing Date: Wednesday, March 12, 2008
NSE Symbol: RECLTD
ISIN: INE020B01018
Issue Price: Rs 105/-
Face Value: Rs 10/- Per Equity Share

3. Rural Electrification Corporation Limited Allotment Status  Wednesday, March 5, 2008 8:26:00 AM

IPO Allotment Status is now available online for Rural Electrification Corporation Limited (REC) IPO.

Rural Electrification Corporation Limited IPO was open on February 19, 2008 and closed on February 22, 2008. IPO was oversubscribed by 27.76 times (7.6789 times in retail).

 

4. Rural Electrification Corporation Ltd - Allotment  Wednesday, March 5, 2008 12:00:00 AM

IPO Allotment Status is now available online for Rural Electrification Corporation Limited (REC) IPO.

Rural Electrification Corporation Limited IPO was open on February 19, 2008 and closed on February 22, 2008. IPO was oversubscribed by 27.76 times (7.6789 times in retail).

5. Rural Electrification Corporation Ltd final subscription detail  Friday, February 22, 2008 5:22:00 PM

Rural Electrification Corporation Limited (REC) IPO oversubscribed by 27.76 times. Non Institutional category oversubscribed around 27.1192 times while Qualified Institutional Buyers (QIBs) quota oversubscribed around 39.3047 times.

Retail Individual Investors (RIIs) category oversubscribed 7.6789 times and Employees category oversubscribed 0.9411 times.

Rural Electrification Corporation Ltd IPO - Final bid details (information from NSE Website)

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 91330200 3589707840 39.3047
1(a) Foreign Institutional Investors (FIIs) 2019127260
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 897848460
1(c) Mutual Funds 672732120
1(d) Others 0
2 Non Institutional Investors 15221700 412800360 27.1192
2(a) Corporates 220888020
2(b) Individuals (Other than RIIs) 121253880
2(c) Others 70658460
3 Retail Individual Investors (RIIs) 45665100 350656620 7.6789
3(a) Cut Off 331684800
3(b) Price Bids 18971820
4 Employee Reservation 3903000 3672960 0.9411
4(a) Cut Off 17460
4(b) Price Bids 3655500

6. Rural Electrification Corporation Ltd IPO - Close  Friday, February 22, 2008 12:00:00 AM

Incorporated in 1969, Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.

Rural Electrification Corporation Limited (REC) is entering in the capital markets with an initial public offering, IPO of 156,120,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 90/- at lower level and Rs. 105/- at upper level for equity share of Rs. 10/-. The issue opens on Feb 19, 2008, and closes for subscription on Feb 22, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

7. Rural Electrification Corporation Ltd IPO - Open  Tuesday, February 19, 2008 12:00:00 AM

Incorporated in 1969, Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.

Rural Electrification Corporation Limited (REC) is entering in the capital markets with an initial public offering, IPO of 156,120,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 90/- at lower level and Rs. 105/- at upper level for equity share of Rs. 10/-. The issue opens on Feb 19, 2008, and closes for subscription on Feb 22, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

8. Rural Electrification Corporation Ltd IPO Opening on Feb 19  Thursday, February 7, 2008 11:13:00 AM

Incorporated in 1969, Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.

Rural Electrification Corporation Limited (REC) is entering in the capital markets with an initial public offering, IPO of 156,120,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs. 90/- at lower level and Rs. 105/- at upper level for equity share of Rs. 10/-. The issue opens on Feb 19, 2008, and closes for subscription on Feb 22, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

REC IPO News & Events FAQs

The REC IPO is proposed to open on Feb 19, 2008. The IPO application ends on Feb 22, 2008.

Retail investors can apply in the retail or non-institutional investor category from Feb 19, 2008 to Feb 22, 2008. The REC IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).

The REC IPO will open for subscription on Feb 19, 2008. The public issue will close on Feb 22, 2008.