REC Limited is tapping the capital markets with a follow on public offer for 17.17 cr shares which includes an offer for sale by the principal shareholder, the government of India of 4.29 cr shares. In short the issue would raise 75% for the company and 25% for the government of India. The issue has […]
Archive for the ‘FPO’ Category
REC FPO: Attractive offer–Must subscribe
February 20th, 2010
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NTPC FPO shares allotted and credited to account
February 18th, 2010
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Shares issued in the FPO of NTPC have been allotted and credited to the demat accounts of investors as of 18th of February 2010. This effectively means that these shares are now tradable.
REC FPO Floor price announced as Rs 203
February 18th, 2010
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REC Ltd today announced the floor price at Rs 203 for its forthcoming follow on offer issue opening on Friday the 19th of February and closing on Tuesday the 23rd of February 2010. The floor price has been fixed at Rs 203 against the closing price of Rs 220.15 yesterday on the BSE. The floor […]


