The FPO of the state-run Rural Electrification Corporation Ltd., which closed for subscription today, has been subscribed 3.14 times on an overall basis. The QIB portion has been oversubscribed 5.52 times. However, Retail Investors have not shown much of a keen interest in the FPO with the category remaining subscribed at 0.23 times or 22.97% only.
REC FPO Bidding Status (Final) as on Tuesday, February 23, 2010 1800 hrs IST:
QIB: 5.52 times
Non-Institutional Investors: 2.05 times
Retail: 0.23 times
Employees: 0.85 times
Overall: 3.14 times
Tuesday, February 23, 2010
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Bidding status
Final Oversubscription Figures
Follow-on Public Offers
IPO in 2010
IPO in February 2010
REC FPO
Rural Electrification Corporation FPO
Rural Electrification FPO
REC FPO finally subscribed 3.14 times
REC FPO finally subscribed 3.14 times
Tags
# Bidding status
# Final Oversubscription Figures
# Follow-on Public Offers
# IPO in 2010
# IPO in February 2010
# REC FPO
# Rural Electrification Corporation FPO
# Rural Electrification FPO
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Rural Electrification FPO
Labels:
Bidding status,
Final Oversubscription Figures,
Follow-on Public Offers,
IPO in 2010,
IPO in February 2010,
REC FPO,
Rural Electrification Corporation FPO,
Rural Electrification FPO
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