Rural Electrification Corporation Ltd. IPO Message Board (Page 38)

allotment expected date is around 7th march
1 lakh app may get around 120 to 140 shares as some app are goin to get rejected for technical problem

very good company fundamantally sound
growth is increasing Y2Y basis
and the promotor is GOI
So no problem do not panic stay invested

ankit jain has given excellent details... it s good company indeed.. but most of them here are not sincere investors .. they ve come here to try thier luck in shares.... all are thinking about listing day gains when majority think like that it ll end like anotehr reliance power with everyone selling in panic and no buyers..

i aqpplied for 60 shares
how much i get

what are other good ipo recently coming?

hello Brother any body tell me when the allotmen of REC ipo

568. donnnnnnnn . who told you that most of the bids are at 90/- ? check nse website. most of the bids are at 105/-

i have applied 120 share what chances to get?

I have applied for 300 shares at the Cut off rate, what i will allot shares against above, can chance or not?

Thanks in adv

When is the possible listing date of this? And what price u ppl think it can go on listing day?

hi friends...
what will be the basic of allotment? I hv applied for 1 full application at cut off? How many I should get...?

Dear 564. Niftyfifty
The preference will be to Rs 105 bidder.

I have applied for REC 240 shares @ cut-of price. Do any one suggest me, will I get any shares???

HOW CAN BE IT HAPPEN THAT REC MANAGEMENT FIXED THE IPO PRICE BAND AT 105 MOST OF THE BIDS COME AT THE RATE OF RS 90


I M VERY SURPRISED THAT PRICE BAND OF REC IS FIXED AT RS 105. ITS MERE A QUESTION OF DESCRETIONARY POWER OF ITS MANAGEMENT.

ACCORDING TO ME REC PRICE BAND IS TO BE FIXED AT RS. 90 BECOZ MOST OF THE BIDS COME AT RS 90 ...... IN THE IPO BIDDING PROCESS AT THAT PRICE MOST OF THE BIDS COME,PRICE IS FIXED AT THAT PRICE.

SO I THINK THIS MATTER IS TO BE TAKEN BEFORE SEBI


apka sabka apna aur payara

donnnnnnnnnnnn

will the shares alloted to those who have applied at 90 Rs as the company has fixed the floor price Rs 105 per share........

pls comment....

Rural Electrification book has been discovered at Rs 105 per share at the upper band.

Source SP Tulsian

Looking at RPOW & IRB Inf this too will not gain much on listing day, despit of strong fundamentals... so dont expect much on listing... Plan to hold it for atleast 3 months for good returns

REC is good company and will be in good listing.

Lots Shares u Probability      
Applied vil get
             
1 60 13.77%
2 60 27.54%
3 60 41.30%
4 60 55.07%
5 60 68.84%
6 60 82.61%
7 60 96.37%
8 66 FIRM
9 74 FIRM
10 83 FIRM
11 91 FIRM
12 99 FIRM
13 107 FIRM
14 116 FIRM
15 124 FIRM

I have applied for 2 lots, please tell me what are the chances of allotment

Highlights

The highlights of achievements of its service to the nation are:

Accorded hightest safety ratings by CRISIL, FITCH and CARE.
Figures amongst the "Top 10 PSUs in the country"
Consistently rated as 'Excellent'- the highest category - by Govt. of India since 1993-94.
Received 'MOU' Award from the Government of India four times, for 'Excellence in performance'
Cumulative sanctions & disbursements stand at Rs. 80,000 crore & 45,000 crore respectively.
Plans to undertake rural electrification programmes in other countries.
Business per employee is Rs. 21.98 crore.
Investors base increased by 90 thousand to 2 lakhs.
Aspires to be a Rs. 50,000 crores company by the year 2012.


Operating Results for the last 5 Financial Years
(Rs. in Crore)


2000-01
2001-02
2002-03
2003-04
2004-05

Loan Sanctioned
6308
6764
12125
15978
16316

Disbursement
4109
4722
6607
6017
7885

Recoveries
3582
4064
6673
5003
6817

Resource Mobilization
1611
3360
4213
4010
8501

Profit Before Tax & dep.
453
503
768
802
1038

Profit After Tax
337
388
579
612
800.75

Net Worth
2148
2466
2862
3264
3779

Dividend Paid
67
120
174
183
234.50

Hi,
I have applied for 900 shares, any idea what would be the allotment ? thanks...