Rural Electrification Corporation Ltd IPO Information

Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.

Public Issue Open: February 19, 2008 to February 22, 2008
Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
Public Issue Size: 156,120,000 Equity Shares of Rs. 10/-
Face Value: Rs. 10/-
Public Issue Price: Rs 90/- to Rs 105/-
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing: BSE, NSE
Lead Manager: IL&Fs Investsmart Securities Ltd, ICICI Securities Ltd & SBI Capital Markets Ltd
Registrar: Karvy Computershare Private Ltd (Ph: +91-40-2342 0815 Email:rec.ipo@karvy.com)