The IPO of Rural Electrification Corporation, a state run company, opened for subscription from today, i.e. Tuesday, February 19, 2008. The IPO was subscribed fully on Day 1 itself. L & FS Investsmart Securities Limited, ICICI Securities Limited and SBI Capital Markets Limited are the book running lead managers for the Issue. The equity shares are proposed to be listed on the NSE and the BSE. The issue is open till Friday, February 22, 2008. Following is the details of the IPO:
Rural Electrification Corporation (REC) IPO Details:
IPO Opens on: Tuesday, February 19, 2008
IPO Closes on: Friday, February 22, 2008
Price Band: Rs.90/- to Rs.105/- per equity share
Bid Lot: 60 equity shares and in multiples thereof
BRLM: ICICI Securities, IL&FS Investsmart and SBI Capital Markets.
Registrar: Karvy Computershare Private Ltd
Check back here regularly for latest subscription figures and other updates on Rural Electrification Corporation IPO!
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Tuesday, February 19, 2008
Rural Electrification IPO opened today, subscribed fully on Day 1
Tags
# Bidding status
# IPO Info
# REC IPO
# Rural Electrification Corporation IPO
# Rural Electrification IPO
# Subscription Figures
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