Rural Electrification Corporation IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 3530.04 Cr. The company is based in New Delhi and caters to Power And Energy sector. Bofa Securities India , ICICI Securities , Jm Financial , Kotak Mahindra Capital Company are the merchant bankers of Rural Electrification Corporation IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th February 2008.
Rural Electrification Corporation IPO open date is 19th February 2008 and close date is 22nd February 2008. IPO Allotment Date is 30th November -0001 and Listing date is 8th March 2010.Rural Electrification Corporation IPO size is ₹ 3530.04 Cr. with IPO price of ₹ 105.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Bofa Securities India Limited is the book-running lead manager of the Rural Electrification Corporation IPO. Kfin Technologies Limited is the Registrar for Rural Electrification Corporation IPO.
Rural Electrification Corporation IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rural Electrification Corporation IPO, based in New Delhi, operates in the Power And Energy sector with a focus on infrastructure and financing to power companies. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Rural Electrification Corporation IPO size is ₹ 3530.04 Cr. with fresh issue size of ₹ 3,530 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rural Electrification Corporation IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Rural Electrification Corporation IPO allotment status on the registrars website, Kfin Technologies Limited . Rural Electrification Corporation IPO refund dates are 30th November -0001.
Rural Electrification Corporation IPO is expected to be listed on 8th March 2010.
The upper price band for the Rural Electrification Corporation IPO is set at ₹ 105.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rural Electrification Corporation IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rural Electrification Corporation IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd February 2008. After submission, funds are blocked until the basis of allotment of Rural Electrification Corporation IPO is finalised.
The merchant banker for Rural Electrification Corporation IPO is Bofa Securities India Limited , ICICI Securities Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited . Bofa Securities India Limited , ICICI Securities Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rural Electrification Corporation IPO RHP for further details.
The registrar for Rural Electrification Corporation IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Rural Electrification Corporation IPO through their official website or helpline.
Rural Electrification Corporation IPO was subscribed 3.14 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Rural Electrification Corporation IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rural Electrification Corporation Financial Review Page
Merchant Banker(s) of Rural Electrification Corporation IPO: Bofa Securities India Limited , ICICI Securities Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited
Rural Electrification Corporation IPO subscription was 3.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rural Electrification Corporation IPO listed at a listing price of 241.85 against the offer price of 203.00.
The current market price of Rural Electrification Corporation is 399.55.
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