RITES Ltd IPO Dates, Review, Price Band, Market Lot Details

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RITES Limited is promoted by President of India. The company is a Gov. of India Enterprise. They work under Indian Railways. RITES Ltd is a 9001:2008 company and work a multi-disciplinary consultancy organization in transport, infra and related technologies field. They work a links with local consultants for overseas projects. They are expertise in quality assurance and transport infrastructure consultancy provider. They have clients which includes Indian Railways, NTPC, SAIL, Rashtriya Ispat Nitam Limited, HPCL, Bharat Coking Coal Limited, Metro Link Express for Gandhinagar and Ahmedabad Company Limited (MEGA), Airports Authority of India, Titagrah Wagons, Cimco Ltd, Rajdeep Buildcon Pvt Ltd, Geokno India Pvt Ltd, ARK Services and more. The company looks good and it will be good to see how it will perform as other government companies not able to perform well except Midhani Ltd.

RITES Ltd IPO Review:

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    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

    RITES Ltd Financial:

      Rs. in Crore
    2018 (6M)653.3432.3135.4

    Company Promoters:

    • President of India

    Quick Links:
    DRHP Draft Prospectus
    RHP Draft Prospectus

    RITES Ltd IPO Registrar:
    Link Intime India Private Ltd
    Phone: +91-22-25963838
    Fax: +91-22-25946969
    Email: [email protected]
    Website: http://www.linkintime.co.in

    RITES Ltd IPO Lead Managers:

    • Elara Capital (India) Private
    • IDBI Capital Market Services Limited
    • IDFC Bank Limited
    • SBI Capital Markets Limited

    Company Address:
    RITES Limited
    Scope Minar
    Laxmi Nagar, Delhi – 110 092
    Phone: +91 11 22024610
    Fax: +91 11 22024660
    Email: [email protected]
    Website: http://ritesltd.com/

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