RITES OFS 2020 Date, Floor Price, How to Apply, Subscription Details

IPO Watch
RITES OFS 2020 to open on 27-Feb and closes on 28-Feb 2020. As per the documents filed in BSE Government to sell 2,50,00,000 Equity Share via Rites Offer for Sale in February 2020. The floor price is set Rs.298 for the RITES OFS 2020. The discount offered is Rs.8 for Retail. As the market condition is not good due to Corona Virus we can expect a less interest in the OFS as the stock is available at the same rate in the market. Let’s see how investors will react to this. Check the latest Rites Share Price.

RITES OFS 2020 Details:

 RITES OFS Dates:
  27 Feb to 28 Feb 2020
 Face Value:  ₹10
 OFS Floor Price  ₹298
 Discount  ₹8
 Offer Size:  ₹- Crores
 Number of Shares:
  2,50,00,000
 Discount to Retail:
  2.5%

RITES OFS Subscription Numbers:

  • Non Retail Subscription Numbers: 1.3x times 
  • Retail Subscription Numbers

How to Apply RITES OFS?

You can go to the BSE Website and apply for RITES OFS. Click Here

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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.