| BSE Bid Details - Retail | BSE Bid Details - Non Retail |
| Security Type | OFS |
| Symbol | RECLTD |
| Issue Period | 08 Apr 2015 to 08 Apr 2015 |
| StartTime | 09:15 |
| EndTime | 15:30 |
| Offer Size – No. of Shares | 4,93,72,950 |
| Offer Size for Retail Investors | 98,74,590 |
| Offer Size for Non Retail Investors | 3,94,98,360 |
| Face Value | 10.00 |
| Floor Price | 315.00 |
| The Seller shall declare the Floor Price for the Offer on April 7,2015(i.e. T-1,T being the Offer Date) latest by 5:00 p.m.,Indian Standard Time,to the Stock Exchanges and the Stock Exchanges shall inform the market immediately.The Floor price of the Offer in Terms of SEBI OFS circulars shall be Rs 315/- per equity share of Rural Electrification Limited |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE020B01018 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 4,93,72,950 |
| Allocation Methodology | Price Priority |
| Discount to Retail Investors (if any) | 5.00 |
| Retail Investors will be allocated Offer Shares at a discount of 5% to the bid price entered by them in accordance with the SEBI OFS Circulars |
| CUMULATIVE BID QUANTITY |
| ( AS ON Apr 8 2015 3:30PM ) |
| Total Cummulative Bidded Qty | Subscription | % of Total |
| Total | 27,31,82,825 | 553.30% |
| 100% Margin | 13,86,35,323 | 280.79% |
| 0% Margin | 13,45,47,502 | 272.51% |
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| Non Retail Portion | Subscription | % of Total |
| Total | 18,41,07,713 | 466.11% |
| 100% Margin | 4,95,60,211 | 125.47% |
| 0% Margin | 13,45,47,502 | 340.64% |
|
| Retail Portion | Subscription | % of Total |
| Total | 8,90,75,112 | 902.06% |
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| Non Retail Section |
| Indicative Price (Rs.) | 324.73 |
| Clearing Price (Rs.) | 327.25 |
| Retail Section |
| Indicative Price (Rs.) | 325.10 |
| Clearing Price (Rs.) | 333.30 |
| LTP | 452.90 |
| Seller Members Details | |
| Selling Member | 1) IL&FS Broking Services Private Limited (Clg code: 3216) 2) JM Financial Institutional Securities Limited (Clg code: 400) 3) Morgan Stanley India Co.Pvt.Ltd. (Clg code: 457) |
| Seller Promoter | The President of India,acting through and represented by the Ministry of Power,Government of India |
| Exchange Notices | 1) Opening of Offer for Sale for Rural Electrification Corporation Limited
2) Mock Session for Offer for Sale (OFS) of Rural Electrification Corporation Ltd on Tuesday, April 7, 2015
3) Declaration of Floor Price of Offer for Sale of RURAL ELECTRIFICATION Ltd
4) Opening of Offer for Sale for Rural Electrification Limited – Activities Schedule
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