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REC IPO Details

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

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)

DateQIBNIIRIIEMPOthersTotal

Day 1
Feb 19, 2008

3.62

0.04

0.07

0.00

2.14

Day 2
Feb 20, 2008

4.52

0.10

0.25

0.04

2.73

Day 3
Feb 21, 2008

6.51

0.76

0.79

0.71

4.13

Day 4
Feb 22, 2008

39.30

27.12

7.68

0.94

27.76

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

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