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INSTITUTIONS HAVE KNOWLEDGE, MONEY POWER AND MEANS TO AFFECT SENTIMENTS AND RETAILS DONT. THEY MOST OF THE TIME FOLLOW THE WHAT THE INSTITUTIONS ARE DOING. IN REC CASE IT WAS AS IF THE RETAILS DID NOT WANT THE 5% DISCOUNT THAT WAS PROVIDED BY THE GOVT , ATLEAST THE FINAL PRICE OF RETAIL AND NON RETAIL SHOWS SO (RETAIL333.3, NON RETAIL327.25) MEANING THE NET EFFECTIVE PRICE FOR RETAIL WILL BE 333.3-15=318.3) WHICH NARROWS DOWN THE DIFFERENCE AT WHICH INSTITUTIONS AND RETAIL WILL BE ALLOTTED SHARES. THIS ONLY REFLECTS THE PROBLEMS OF THE OFS SYSTEM. NO RETAILER WOULD LIKE TO GIVE AWAY EVEN A PAISA PROVIDED BY GOVT. FOR FREE.ALSO THE ISSUE CREATED A WAR OF SORTS AMONG THE RETAIL CATEGORY TRYING TO GRAB THE SHARES IN THE EUPHORIA CREATED NOT KNOWING AND REALIZING THAT THEY CAN EASILY GET CARRIED AWAY AND FACE THE CONSEQUENCES FOR THE SAME. THE INSTITUTIONS WERE SMART TO FULLY SUBSCRIBE THE ISSUE IN THE EARLY STAGE TURNING THE SENTIMENT POSITIVE FOR THE RETAILS AND CREATING A EUPHORIA IN WHICH THE BROKERS DID THERE PART IN FURTHER IGNITING THE RETIAL SENTIMENTS. BROKERS ARE SURE TO EARN THERE BROKERAGE OR INTEREST IN FINANCING THE BIDS OF THE REATIL PEOPLE. IT SEEMED AS IF THE DEMAND FOR REC STOCK WAS MORE FROM THE RETAIL PEOPLE THEN THE LEARNED INSTITUTIONS WHICH CANNOT BE TRUE.