REC IPO Allotment Status and IPO Listing Price
I know everyone is eagerly waiting for REC IPO allotment status because where all IPOs were being withdrawn or being subscribed marginally, REC was subscribed almost 27.76 times total and 7.67 times in retail section. The people who has applied for 4 lots, are certainly gone into lottery system for IPO allotment in this IPO. As we mentioned before also, we applied for 8 lots, so we are almost sure to get at least 1 lot but it makes sense till we wait and see it in the IPO allotment status.
This week certainly you shall be able to check REC IPO allotment status here. The IPO is expected to list higher than the IPO price of Rs. 105 unlike Reliance Power powerless listing. REC IPO listing is expected around 14th-15th March.
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Comments
when this is gettting listed and ppl are waiting for listing gains only nothing more from the market that is why all ipo s in 2008 collpased… this is going be yet another reliance power ipo.. and sensex heading towards 12000 or 10000 can any one tell
Hi Mesh,
it’s ur bad luck if don’t get any allotment, but i don’t think so ICICI Bank is cheating with there clients, bc’z i applied twice with the ICICI Bank & both the time i got the allotments.
I have applied for 5 Lots of REC & got one lot . Expecting this IPO to be list higher than issue price..
@ Mesh,
when u apply thru icicidirect u get an appln no. so its not possible that they r applying in someone else’s name as u said.U can always go to the registrar’s website and check ur appln status and also how many shares ur appln was made for.
I’ve applied for 11 lots wat is the chance that i get any allotment. I’m using icicidirect. I’ve applying for IPOs from powergrid. No luck… have not got any allotment for any company so far….
I hear that icicidirect is cheating by taking this money and applying in sombody’s name and cheating us…
is it true??