RITES Ltd IPO Listed at 3% Premium at Rs.190; Closed at Rs.213

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RITES Ltd ipo to list on 2nd July, Monday on BSE and NSE. RITES was looking good and stable gmp will give a good listing on the indices. The RITES was subscribed heavily and as the market support the company to list around Rs.190-200 level and it might reach at high around 210-220 level while on a lower side we can expect it to go around 175-180 level. RITES looks good and it might reach around 250-300 level in coming few months.

RITES Ltd IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code 541556
NSE Code RITES
Group B
ISIN No INE320J01015
Offer Price Rs.180 / 185
Face Value Rs.10
Listing Date 2-July-18, Monday

RITES Ltd IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
190.00
190.00
High Price
224.40
224.50
Low Price
190.00
190.00
Close Price
212.70
213.30

RITES Ltd IPO Subscription: (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.02 0.32 71.71
HNI 0.19 0.49 194.56
RII 1.65 5.59 15.74
EMP 0.23 0.57 0.96
Total 0.59 2.11 67.23

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

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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