Rural Electrification Corp IPO GMP History
Rural Electrification Corp IPO has been listed on March 12, 2008 at a listing price of ₹129.9, against the issue price of ₹105 — a gain of ₹24.9 (+23.71%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Rural Electrification Corp IPO raised ₹1639.26 Cr. through its IPO at a price band of ₹90 to ₹105 per share, with a lot size of 60 shares. The IPO was open for subscription from 19 Feb 2008 to 22 Feb 2008.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 8:16 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Rural Electrification Corp IPO dates
Key dates from opening to listing. Today is 13 November.
- Open 19 Feb 2008
- Close 22 Feb 2008
- Allotment TBA
- Refund/credit TBA
- Listing 12 Mar 2008
Rural Electrification Corp IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹105 |
|---|---|
| Listing gain / loss | +₹24.9 per share |
| Listing date | 12 Mar, 2008 |
| Actual listing price | ₹129.9 (+23.71%) |
Is Rural Electrification Corp IPO GMP reliable?
Grey market premium for Rural Electrification Corp IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Rural Electrification Corp IPO full review for a fundamentals-based assessment before making any grey market trades.
Rural Electrification Corp IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Rural Electrification Corp IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Rural Electrification Corp IPO
Rural Electrification Corporation Limited was incorporated on 25 July 1969 as Rural Electrification Corporation Private Limited to finance rural electrification schemes. Its registered office is at SCOPE Complex, Lodhi Road, New Delhi, and its promoter is the President of India, acting through the Ministry of Power.
It is one of the leading public financial institutions in Indian power infrastructure and finances and promotes transmission, distribution and generation projects across India.
It began in 1969 to develop power infrastructure in rural areas, and its schemes have long aimed at extending and improving electricity supply in villages.
The IPO was Rs 1,639.26 crore, with Rs 819.63 crore of fresh issue and Rs 819.63 crore of offer for sale by the government, at Rs 105, the top of the Rs 90 to Rs 105 band. The fresh money was to add to its capital base.
Frequently asked
What is the GMP of Rural Electrification Corp IPO?
The current Grey Market Premium (GMP) of Rural Electrification Corp IPO is not yet started or active in the market.
What is the Kostak Price of Rural Electrification Corp IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Rural Electrification Corp IPO is not available.
What is the Subject to Sauda Price of Rural Electrification Corp IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Rural Electrification Corp IPO?
Rural Electrification Corp IPO listed on March 12, 2008 at ₹129.9, against the issue price of ₹105 — a gain of +23.71%.
How did the GMP of Rural Electrification Corp IPO trend before listing?
The GMP of Rural Electrification Corp IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Rural Electrification Corp IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
