247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Rural Electrification Corporation Limited IPO (Rural Electrification Corporation IPO) Details

Rural Electrification Corporation Limited is an Power And Energy based company, located in New Delhi, Rural Electrification Corporation Limited IPO size was 3530.04 Cr. and was issued at 203.00 per share. The share of Rural Electrification Corporation Limited were listed at 241.85 per share and are currently trading at 490.75 per share.

Type :
Sub Sector : Infrastructure And Financing To Power Companies
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
4923.30 Cr.

PAT :
1378.01 Cr.

Pricing Report

Issue Price :
203.00

Listing Price :
241.85

Current Market Price :
490.75

Issue Price vs CMP :
287.75 (141.75%)

listing Price vs CMP :
248.9 (102.92%)

Performance Report (CAGR* wise)

CAGR : 6.11
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Rural Electrification Corporation

Company Information
Rural Electrification Corporation Limited commenced its operations in 1969 with the goal of developing power infrastructure in rural areas. Its schemes have historically focused on extending and improving electricity supply and energizing agricultural pumpsets. Through its funding of transmission and distribution projects in rural areas, the company has significantly contributed to the development of rural India and the country's agriculture. Since its inception, the company's mandate has evolved, enabling it to finance all segments of the power sector across the country. It provides funding to clients and assists them in formulating and implementing various power project-related schemes. The company's clients include public sector power utilities at both the central and state levels, as well as private sector power utilities. Additionally, it funds power projects for
Show More
Object of Issue
  • Rec intends to utilise the funds being raised through the fresh issue to augment capital base to meet future capital requirements

Rural Electrification Corporation MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2010
IPO Size :
3530.04 Cr.
IPO Subscription :
3.14 X     
PE Multiple :
0.00
Merchant Banker :
Bofa Securities India Limited
IPO Registrar:
Kfin Technologies Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in New Delhi


ACME Solar Holdings Limited

  renewable energy projects and power generation.

  New Delhi


Action Construction Equipment Limited

  construction equipments manufacturing

  New Delhi


Peer Companies Of This Sector

FAQs

Rural Electrification Corporation operates in Power And Energy and Infrastructure And Financing To Power Companies. The Issue is listed on MainBoard in Mar, 2010. Rural Electrification Corporation IPO size was 3530.04 Cr. with Issue price of 203.00 .

Merchant Banker(s) of Rural Electrification Corporation IPO: Bofa Securities India Limited , ICICI Securities Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited

Rural Electrification Corporation IPO subscription was 3.14 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rural Electrification Corporation IPO listed at a listing price of 241.85 against the offer price of 203.00.

The current market price of Rural Electrification Corporation is 490.75.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency