COMPANY BACKGROUND
REC Ltd is incorporated in 1969.REC is one of the leading public
financial institutions in Indian power infrastructure.Company is
engaged in the financing and promotion of tramission distribution
and generation project throughout INDIA.REC has key position in
the GOI plans for the growth of Indian power sector.
REC Commenced its operation for purpose of developing the power
infrastructure in rural areas.Company have significant contribution
to the development of rural India and India's agriculture.
REC provide fund to their client and assist them in formulating
and implementing various type of power project related schemes.
Company clients include public sector power utilities at the
central and state levels and private sector utilities.
Company financial product include long term loan,short term loan
bridge loans and debt refinancing.
REC occupy a unique position within the area of rural electrificat-
ion of India and company will continue to play an integral role
in implementing GOI'rural electrification strategy.
OBJECT OF THE ISSUE
1 Achieve the benefits of listing gain on the Nse and Bse
2 To meet financial requirement
3 To meet the expenses of the issue
4 For general corporate purpose
ISSUE DETAIL
Issue Open 19 Jan 2008
Issue Close 22 Jan 2008
Listing date 12 mar 2008
Issue Type Book building
Issue Size 15,61,20,000 share of 10 each
Issue Price Rs 90 to Rs 105 per equity share
Issue Lot
Allotment price Rs. 105
Amount For Retail
investor for shares Upto Rs 1,00,000
Listing Bse and Nse
Lead Manager IL&FS Investsmart Securities Ltd
ICICI Securities Ltd and SBI Capital.
Registrar To The Issue Karvy Computershare Private Limited
Registrar ph 91-40-2342 0815
E Mail rec.ipo@Karvy.com
CORPORATE OFFICE
Regitered Office :
Rural Electrification corporation LTD,
Core 4,Scope complex,7,
Lodhi Road ,
Delhi- 110 003
India
Phone:91-11-2436 5161
Fax: 91-11-2436 0644
Email: ipo@recl.nic.in
Website:www.recindia.nic.in
