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The basis of allotment for REC FPO is available now.
To check REC FPO allotment status, follow the steps below:
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to rec.fpo@karvy.com.
Below are the steps to check REC FPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected listing price of REC FPO depends on many factors including demand, nature of the business, market environment and state of the economy. The REC FPO grey market premium gives some hint but the actual listing price is difficult to guess.
REC FPO allotment status is expected on . Click the green button REC FPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.
If REC FPO oversubscribed in the retail category, the REC FPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The reason you didn't get the REC FPO could be:
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