Shares of Rural Electrification Corporation(REC),a public sector enterprise engaged in funding to power sector closed on Wednesday at Rs 120.25, premium of Rs 15.25 or 14.52 per cent, against issue price of Rs 105 . REC listed initially with 19 pc premium on BSE and 24% on NSE.
REC IPO was subscribed 28 times earlier. The QIB portion was subscribed 40 times, HNI 23 times and retail 5.69 times
Intraday Chart of REC on listing
REC IPO was subscribed 28 times earlier. The QIB portion was subscribed 40 times, HNI 23 times and retail 5.69 times
Intraday Chart of REC on listing
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