Now coming REC FPO on Feb 19

Rural Electrification Corporation Ltd FPO

 

BRLM:                                                      Kotak/ BofA Merrill Lynch/ ICICI Sec/ JM Fin/ RBS Eqts (I) Ltd

Issue Period:                                             February 19– February 23, 2010

Floor Price:                                             Will be announced Later

Lot Size:                                                Will be announced Later

Registrar:                                              Karvy

 

Issue:                                                   171,732,000 Equity Shares (128,799,000 Equity shares as fresh issue and 42,933,000 Equity Shares as offer for sale)

Net offer to Public:                             171,382,000 Equity Shares

QIB Book:                                          85,691,000 shares (50% of Net issue size)
Retail Book:                                      59,983,700 shares (35% of Net issue size)
HNI Book:                                         25,707,300 shares (15% of Net issue size)

Employee Reservation is 3,50,000  Eqty Shares

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