RITES Ltd IPO Grey Market Premium, RITES IPO GMP Today

Vijay Prajapati
June 11, 2018

Vijay Prajapati

RITES Ltd IPO to hit the market on 20th June. As the PSU company looks good with their results and the profit it will surely get a good subscription. This is the 1st ipo in June after Indostar which came in the May. So investors will surely look to subscribe. There were not a good performance from other PSU in early 2018 in the market listing but RITES looks good. The company has strong PAT and good client list. It will be good to see how retailers will subscribe. Hope so we can see a good listing for the same. One can apply with short term and long term gain.

RITES Ltd IPO grey market premium day by day with kostak rates.

Grey market premium as on today is Rs.30-35, Kostak N/A & Subject to Sauda is N/A
Grey market premium as on 28-06-2018 is Rs.35-40, Kostak N/A & Subject to Sauda is N/A
Grey market premium as on 27-06-2018 is Rs.35-40, Kostak Rs.400 & Subject to Sauda is Rs.3000
Grey market premium as on 26-06-2018 is Rs.35-40, Kostak Rs.350 & Subject to Sauda is Rs.2500
Grey market premium as on 25-06-2018 is Rs.45-50, Kostak Rs.400 & Subject to Sauda is Rs.3000
Grey market premium as on 24-06-2018 is Rs.45-50, Kostak Rs.400 & Subject to Sauda is Rs.3000
Grey market premium as on 23-06-2018 is Rs.45-50, Kostak Rs.400 & Subject to Sauda is Rs.3000
Grey market premium as on 22-06-2018 is Rs.40-45, Kostak Rs.400 & Subject to Sauda is Rs.2500
Grey market premium as on 21-06-2018 is Rs.35-40, Kostak Rs.400 & Subject to Sauda is Rs.2500
Grey market premium as on 20-06-2018 is Rs.35-40, Kostak Rs.400 & Subject to Sauda is Rs.2500
Grey market premium as on 19-06-2018 is Rs.45-50, Kostak Rs.550 & Subject to Sauda is Rs.N/A
Grey market premium as on 18-06-2018 Rs.45-50 with Kostak at Rs.550
Grey market premium as on 17-06-2018 Rs.35-40 with Kostak at Rs.400
Grey market premium as on 16-06-2018 Rs.35-40 with Kostak at Rs.400
Grey market premium as on 15-06-2018 Rs.35-40 with Kostak at Rs.400
Grey market premium as on 14-06-2018 Rs.15-20 with Kostak at Rs.300
Grey market premium as on 13-06-2018 Rs.15-20 with Kostak at Rs.300
Grey market premium as on 12-06-2018 Rs.N/A with Kostak at Rs.N/A
Grey market premium as on 11-06-2018 Rs.N/A with Kostak at Rs.N/A
Grey market premium as on 10-06-2018 Rs.N/A with Kostak at Rs.N/A
Grey market premium as on 09-06-2018 Rs.N/A with Kostak at Rs.N/A
Grey market premium as on 08-06-2018 Rs.N/A with Kostak at Rs.N/A
Grey market premium as on 07-06-2018 Rs.N/A with Kostak at Rs.N/A

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: 02–July-2018

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Gery Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

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