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REC IPO Subscription Details (Live Status)

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
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REC IPO Subscription Status Live

REC IPO subscribed 27.76 times. The public issue subscribed 7.68 times in the retail category, 39.30 times in QIB, and 27.12 times in the NII category by Feb 22, 2008.

Investor CategorySubscription (times)
Qualified Institutions39.30
Non-Institutional Buyers27.12
Retail Investors7.68
Employees0.94
Others[.]
Total27.76

REC IPO Subscription Details (times)

DateQIBNIIbNII (bids above ₹10L)sNII (bids below ₹10L)RIIEMPOthersTotal
Day 1
Feb 19, 2008
3.620.040.070.002.14
Day 2
Feb 20, 2008
4.520.100.250.042.73
Day 3
Feb 21, 2008
6.510.760.790.714.13
Day 4
Feb 22, 2008
39.3027.127.680.9427.76

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

REC IPO Subscription FAQs

The REC IPO is subscribed 27.76 by Feb 22, 2008.

REC IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional39.30
Non Institutional27.12
Retail Individual7.68
Employee Reservations0.94
Others[.]
Total Subscription27.76

Retail category of REC IPO subscribed 7.68 times as of date Feb 22, 2008. The public issue closes on Feb 22, 2008 for bidding.

An investor can apply in REC IPO online via bank (using ASBA) or the broker (using UPI). The REC IPO shares are offered online only.

The REC IPO is subscribed 27.76 by Feb 22, 2008.

The REC IPO allotment status is expected on or around . Visit REC IPO allotment status to check.

The REC IPO listing date is Wednesday, March 12, 2008. The equity share of Rural Electrification Corporation Ltd. will list on BSE, NSE.

Visit REC IPO subscription status page for real-time bidding information about REC IPO.

REC IPO Timetable

IPO Opens OnFeb 19, 2008
IPO Closes OnFeb 22, 2008
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date