Rural Electrification Corporation Ltd. IPO Message Board (Page 36)

621. rahulbansal | Link | Bookmark | February 27, 2008 3:21:25 PM

REC UPDATE-one who applied for rec ipo shares above 480 Rs.50400)
will get a firm allotment of 60 shares and 1 lac application will get lumpsum 120-130 shares.

620. Hiten | Link | Bookmark | February 27, 2008 3:04:56 PM

Can anybody have predict/any idea about listing price and allotment date?

619. mayank | Link | Bookmark | February 27, 2008 2:58:11 PM

How to sell shares in grey Market

618. Cheswin | Link | Bookmark | February 27, 2008 1:57:39 PM

I applied for 120 shares at CUT-OFF Price. Is there any possibility of getting allotment ? If so what is your guess on allotment basis ?

617. paro | Link | Bookmark | February 27, 2008 1:39:30 PM

i applied for 60 shares at cut off Rs. 105 on the first day itself. total 4 applications. what are the chances of allotment.

616. shareking | Link | Bookmark | February 27, 2008 1:26:37 PM

Listing will be at 160+ ...... and it will cross 250 in 1 month...

hold it..acccumulate it and see the magic...

615. vishal | Link | Bookmark | February 27, 2008 1:21:42 PM

i applied for 480 shares at a price of 105 per share

how many shares i get on allotment

614. vivek | Link | Bookmark | February 27, 2008 12:22:21 PM

if the GMP premium is 40 then please tell me what should be the listing price of rec

613. Kool | Link | Bookmark | February 27, 2008 10:32:56 AM

@ Rahul ,
The best way to apply fr a good IPO which u trust .. go fr cutoff price .. its best ...

612. viktor | Link | Bookmark | February 27, 2008 10:18:40 AM

hey - I was offered a rs.40 premium for the rec shares. wow!.
does that mean that grey market price is 40

611. Deb | Link | Bookmark | February 27, 2008 5:29:17 AM

Rahul you will not be alloted any shares.Because you have
offered less than the price seller is aking for.

610. Rahul | Link | Bookmark | February 27, 2008 3:30:19 AM

Ok lets assume price is fixed at 105. I have applied for 12 lots at lower band 90. will i get any share. any chance?

609. av | Link | Bookmark | February 26, 2008 10:29:02 PM

price fixed as Rs 105

608. Yogi | Link | Bookmark | February 26, 2008 10:28:55 PM

Hi Guys,
Todays grey market premium 40
enjoy ur profits

607. Vijai | Link | Bookmark | February 26, 2008 10:16:12 PM

In Business Standard and Economic Times upto 5.30PM on 23rd it was reported that retail portion was subscribed 0.78 times only. How come it was finally 7.8 times for REC. Was there any manipulations after banking hours by poeple who have applied at the upper limit of 1 laks?

606. Mohitji | Link | Bookmark | February 26, 2008 10:02:17 PM

Mr Ricky
You say Premium of REC at 30 Rs. whcih is the grey market in which only buyers for 30 Please let me know.
My request dont misguide people, tell the truth only.

605. Rajamani raju | Link | Bookmark | February 26, 2008 9:24:12 PM

as someone said the upper band will consider all the other lower prices in to account.. anyhow there is no discussion in this now as the price band is fixed at 105

604. rahul | Link | Bookmark | February 26, 2008 9:17:50 PM

3 Retail Individual Investors (RIIs)

3(a) Cut Off 331684800
3(b) Price Bids 18971820

so highest bids are at upper band....

603. RAVINDRA SINGH | Link | Bookmark | February 26, 2008 7:42:37 PM

dear friends, let me tell you that if u look at nse bse demand graph all bids at and above a price are included in that price in that sense upper band bids were and will always be less than lower band coz they themselves are included in lower band.

602. gopal | Link | Bookmark | February 26, 2008 7:41:02 PM

As per NSE site, for retail demand at cut-off is 33.1685 crore and no. of shares reserved for retail portion is 4.5665 crore which gives 7.26 times over subscription for retail catagories.