REC IPO Subscription Details

Bookbuilding IPO | ₹1,639 Cr | Listed at BSE, NSE | Tue, Feb 19, 2008 - Fri, Feb 22, 2008

Basis of Allotment - REC IPO

Category QIB NII Retail Employees Total
Allocation (No. of shares)9,13,30,2001,52,21,7004,56,65,10039,03,00015,61,20,000
Allotment price (Rs.)105105105105105
No.of applications3331,8497,51,0745107,53,766
No.of shares applied3,59,09,01,30033,31,43,92034,38,18,43435,33,4004,27,13,97,054
Amount collected (Rs.cr.)37,704.46 3,498.01 3,610.09 37.10 44,849.67
No.of times subscribed39.3221.897.530.9127.36
No.of shares allotted9,15,51,9601,52,58,6604,57,75,98035,33,40015,61,20,000
Amount (Rs.cr.)961.30 160.22 480.65 37.10 1,639.26
No.of allottees01,5575,02,8775105,04,944

IPO Shares Offered

REC IPO is a public issue of 15.61 Cr equity shares. The issue offers 4.57 Cr shares to retail investors, 9.13 Cr shares to qualified institutional buyers, and 1.52 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 9,13,30,200958.97 58.50%
NII 1,52,21,700159.83 9.75%
Retail4,56,65,100479.48 29.25%
Employee39,03,00040.98 2.50%
Total15,61,20,0001,639.26 100%

IPO Subscription FAQs

The REC IPO is subscribed 27.907 times by Feb 22, 2008 17:00.

REC IPO Subscription

Investor Category Subscription (times)
Qualified Institutional39.3047
Non Institutional27.1192
Retail Individual7.6789
Employee Reservations0.9411
Total Subscription27.907

Retail category of REC IPO subscribed 7.6789 times as of date Feb 22, 2008 17:00. The public issue closes on Fri, 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 27.907 times by Feb 22, 2008 17:00.

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

The REC IPO listing date is March 12, 2008. The equity share of REC IPO will list on BSE, NSE.

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

REC IPO Timetable

IPO opens OnTuesday, February 19, 2008
IPO Closes OnFriday, February 22, 2008
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateWednesday, March 12, 2008
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