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REC IPO Finally got subscribed by 27 times
- Filed under: IPO, IPO Allotment Details, IPO oversubscription Details
- Date: Feb 24,2008
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REC IPO finally saw a subscription of 27 times on the closing day , thats almost like 23 times on the last day , after a long time of 2 month we are seeing a subscription figure like this.I just applied for like a single lot when it closed on the final day , i should have applied for a whole lot , but you know what irrespective of subscription the listing day is something we need to worry about , if it falls on a bad day then we might get it at par itself.
Overall Subscription Numbers
Qualified Institutional Buyers (QIBs) 39.3047
Non Institutional Investors 27.1192
Retail Individual Investors (RIIs) 7.6789
Employee Reservation 0.9411
