Analysis and Insights into the world of IPOs and investing in India

Saturday, February 23, 2008

Rural Electrification Corp Ltd. IPO finally subscribed 27.88 times

The IPO of Rural Electrification Corporation Ltd., a state run company, was finally subscribed 27.76 times. The Final Subscription Status is given below:

Rural Electrification Corporation Ltd Subscription Figures updated as on February 22, 2008 2030 hrs IST:
QIB: 39.30 times
Non-Institutional Investors: 27.12 times
Retail: 7.68 times
Employees: 0.94 times
Overall: 27.88 times
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