Monday, February 25, 2008

REC IPO - Allotment Status

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REC's IPO attracted applications for 27.91 times the share on offer. While the qualified institutional buyers segment was subscribed 39.3 times, retail portion was subscribed 7.7 times. REC has priced its initial public offer at Rs 105 a share, at the top end of its indicated price band.

Click here to check if you have REC IPO shares alloted!

The shares are expected to list on 14th March. Watch out this blog for all the updates on listing!
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