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Rural Electrification Corp. IPO
₹121.30
+15.52% on listing
Listing-day close · NSE · 12 Mar 2008 · issue price ₹105
Rural Electrification Corp.’s ₹1,639 crore IPO was priced at ₹105 a share. It listed on the NSE on 12 Mar 2008 and closed its first day at ₹121.30, up 15.52% on the issue price.
Timeline
- Opens
- Closes
- Listing
Issue details
- Issue size
- ₹1,639 Cr
- Fresh issue
- ₹820 Cr
- Offer for sale
- ₹820 Cr
- Lot size
- 60 shares
- Minimum investment
- ₹6,300
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 27.36× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹9,016 Cr
- Promoter holding
- 100.00% → 81.82%
From the offer documents.
Listing
- Listing date
- 12 Mar 2008
- Issue price
- ₹105
- Open
- ₹129.90
- High
- ₹129.90
- Low
- ₹118.75
- Close
- ₹121.30
Listing day on the NSE. The close was +15.52% on the issue price.
RECLTD share price todayFAQs
When did the Rural Electrification Corp. IPO open and close?
It opened on 19 Feb 2008 and closed on 22 Feb 2008.
What was the Rural Electrification Corp. IPO price?
The price band was ₹90–105 a share. The final issue price was ₹105.
What is the lot size and minimum investment?
One lot is 60 shares, ₹6,300 at ₹105 a share. Retail investors apply in whole lots.
How much did Rural Electrification Corp. raise?
₹1,639 crore: ₹820 crore of new shares and ₹820 crore offered by existing shareholders.
How many times was the Rural Electrification Corp. IPO subscribed?
27.36 times overall.
How did Rural Electrification Corp. list?
It listed on the NSE on 12 Mar 2008 at ₹129.90 and closed the day at ₹121.30, up 15.52% on the ₹105 issue price.
Who is the registrar of the Rural Electrification Corp. IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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