Savvy investors make big gains in OFS of Rural Electrification Corp

MUMBAI: Several savvy investors made a killing in the offer for sale (OFS) of Rural Electrification Corp (REC) on Wednesday. Instead of investing a lump-sum in the REC OFS, they spread their subscription money across demat accounts to make themselves eligible for the retail investor category, which received shares at a 5% discount. To be eligible to invest in the retail category, the investment cap is Rs 2 lakh per application form

While these investors used the demat accounts of their ..

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Amit Antil

After doing Power Management (MBA) from National Power Training Institute (NPTI), Amit Antil is now presently working with Today Green Energy Pvt. Ltd. and looking after business development activities for Solar. Earlier he was associated with leading power trading company Global Energy for 3 years. He has a sound knowledge about bidding, power trading, open access, REC trading, Govt. Liaisoning, Contract Negotiation, Power Purchase Agreement.

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