Rural Electrification Corporation (REC) IPO Day 1 subscription status:
Overall subscription: 2.14 times
Retail Individual Investors (RIIs) category: 0.07 times
Qualified Institutional Buyers (QIBs): 3.62 times
Non Institutional Investors: 0.04 times
In fact it got fully subscribed in first two hours of opening that is really achievement in this choppy market.
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