RITES Ltd IPO Allotment Status Online, RITES Allotment Date & Details

IPO Initial Public Offerings
RITES Ltd ipo looks good with attractive price band and it shows in the subscription numbers On the last day it was subscribed 72 times in QIB and 195 times in HNI. Retail segment was superb from the first day and it was subscribed 14 times as well. The gmp looks good in this market and its steady around 40-50 level. After some bad listings now psu company will come up with a good subscription and it might give a superb returns on the listing day and coming years as well. Check out RITES Ltd ipo allotment status online. You can check RITES IPO allotment via application number or pan card.

Checkout RITES Ltd ipo allotment dates and latest grey market premium as well.

RITES Ltd IPO Allotment Date:  Allotment is Out

RITES Ltd IPO Listing Date: 03-July-18
RITES Ltd IPO Basis of Allotment: 14:1

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Note: RITES Ltd IPO Allotment Status will be available when ever Registrar of IPO will put on their official sites.
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RITES Ltd IPO Subscription: (Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.020.3271.71
HNI0.190.49194.56
RII1.655.5915.74
EMP0.230.570.96
Total0.592.1167.23

RITES Ltd IPO Review:

  • Apply with Short Term & Long Term Gain

RITES Ltd IPO Dates & Price Band: (Approx)

  • IPO Open: 20-June-2018
  • IPO Close: 22-June-2018
  • IPO Size: Approx Rs.466 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.180 to 185 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 2,52,00,000 Shares
  • Discount: Rs.6 (Retail & Employees)

RITES Ltd IPO Market Lot:

  • Shares: Apply for 80 Shares (Minimum Lot Size)
  • Amount: Rs.14,800 (For HNI & QIB)
  • Amount: Rs.14,320 (For RII & EMP)

RITES Ltd IPO Allotment & Listing:

  • Basis of Allotment: 28-June-2018
  • Refunds: 29-June-2018
  • Credit to demat accounts: 29-June-2018
  • Listing: 02July-2018
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    0 Responses

    1. Got the message from Bank –

      On your request, hold for Rs. 14,320.00 has been removed from account no. XXXXX2. If not requested, please contact your branch.

      Any idea , if this is mistake by bank or IPO not allotted.