Company Name : RURAL ELECTRIFICATION CORPORATION LTD

Issue Opens : 19 February, 2008
Issue Closes : 22 February, 2008
Expected Refund Date : 11 March, 2008

Issue Size : 156,120,000 Shares

Price Bands
Lower Price Band (Rs) : 90
Upper Price Band (Rs) : 105
Total Size (Rs) : Rs. 1,639 Crores

Issue Allocation
Institutional: 91,330,200
HNI : 15,221,700
Retail : 45,665,100
Application Multiple : 60 and in multiples there off starting with atleast 60 shares
Maximum Shares : 900 (for Retail)

Cheque Drawn In Favour Of : "Escrow Account - REC Public Issue - R" For Retail Bidders

Registrar to the Issue : Karvy Computershare Pvt Ltd

Managers to the Issue : IL&FS Investsmart Securities Ltd, ICICI Securities Ltd and SBI Capital Markets Ltd

Information URL : RURAL ELECTRIFICATION CORPORATION LTD

Company Details
Address : CORE 4, SCOPE COMPLEX, 7, LODHI ROAD, NEW DELHI - 110 003.
Email : ipo@recl.nic.in
Contact Details : 911124365161/ 911124360644 (fax)

Recommendation for rural electrification corporation ltd IPO:
No recommendation

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