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RITES Ltd.

RITES Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹185
₹185
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹185
Based on GMP
Min. Investment
₹14,800
1 lot × 80 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Jun 2018
Close Date
22 Jun 2018
Allotment
28 Jun 2018
Listing Date
02 Jul 2018
Exchange
NSE & BSE
Price Band
₹185
Listing Price
See chart
Allotment Status
Price Band
₹185
Per share
Face Value
₹10 per share
 
Lot Size
80 Shares
per lot
Issue Size
2,52,00,000 shares (aggregating up to ₹460.51 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,800
1 lot
Pre-IPO Holding
20,00,00,000 shares
Promoters
Post-IPO Holding
20,00,00,000 shares
Promoters
UPI Deadline
2018-06-22
Mandate
Anchor AllotmentTue, 19 Jun 2018
Basis of AllotmentThu, 28 Jun 2018
Refund InitiationFri, 29 Jun 2018
Demat CreditFri, 29 Jun 2018
Listing DayMon, 02 Jul 2018
UPI Mandate Deadline2018-06-22
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
RITES Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 22 Jun 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
25,200,000
100% ₹466.20
IPO Shares Offered
RITES Ltd. IPO total issue size: ₹466.20 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 25,200,000 ₹466.20
100.00%
* Based on upper price band ₹185 per share
Lot Size & Investment
Lot Size
80
Shares per Lot
Issue Price
₹185.00
Upper Band
Min Investment
₹14,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2160₹29,600
Retail (Max — 13 Lots)131,040₹192,400
S-HNI (Min — 14 Lots)141,120₹207,200
B-HNI (Min — 68 Lots)685,440₹1,006,400
* Issue Price ₹185 × Lot Size 80 shares
IPO Schedule
Anchor
19 Jun 2018
✓ Done
IPO Open
20 Jun 2018
✓ Done
IPO Close
22 Jun 2018
✓ Done
Allotment
28 Jun 2018
✓ Done
Refunds
29 Jun 2018
✓ Done
Demat Credit
29 Jun 2018
✓ Done
Listing Day
02 Jul 2018
✓ Done
RITES Ltd. — Live Price LIVE
₹185.00
INR · BSE
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Issue ₹185.00 Live Price
About RITES Ltd.
Incorporated in 1974, RITES Ltd. is a Government of India Enterprise, under the aegis of Indian Railways. RITES Ltd., an ISO 9001:2008 company, is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations. In overseas projects, RITES actively pursues and develops cooperative links with local consultants/firms, as means of maximum utilization of local resources and as an effective instrument of sharing its expertise.Since its inception, the company has evolved from providing transport infrastructure consultancy and quality assurance services and have developed expertise in:1. Design, engineering and consultancy services in transport infrastructure sector with a focus on railways, urbantransport, roads and highways, ports, inland waterways, airports, and ropeways;2. Leasing, export, maintenance, and rehabilitation of locomotives and rolling stock;3. Undertaking turnkey projects on engineering, procurement and construction basis for the railway line, track doubling, 3rd line, railway electrification, up gradation works for railway transport systems and workshops, railway stations,and construction of institutional/ residential/ commercial buildings, both with or without equity participation; and4. Wagon manufacturing, renewable energy generation and power procurement for Indian Railways through collaborations by way of joint venture arrangements, subsidiaries or consortium arrangements.In India, the clients include various central and state government ministries, departments, instrumentalities as well as local government bodies and public sector undertakings. These include Indian Railways, NTPC, Dedicated Freight Corridor Corporation of India Limited, High Speed Rail Corporation of India Limited, Public Works Department, DMRC, Steel Authority of India Limited, Rashtriya Ispat Nigam Limited, Hindustan Petroleum Corporation Limited, Bharat Coking Coal Limited, Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company Limited, Indian Port Rail Corporation Limited, Airports Authority of India, among others. The company also engages with various large private sector corporations including L&T Metro Rail (Hyderabad) Limited, Kanti Bijlee Utpadan Nigam Limited (KBUNL), Cimmco Limited, Titagrah Wagons Limited, Snowmex Engineers Limited, Unity Infraprojects Limited, Rajdeep Buildcon Private Limited, Mahalsa Constructions Private Limited, Marymatha Constructions Limited, AFCON Infrastructure Limited, INCAP, ARK Services, MNEC Consultants Private Limited, Indian Geotechnical Services Limited, Geokno India Private Limited and NATRIP Implementation Society among others.
RITES Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,159.1
31-Mar-15
₹1,226.7
31-Mar-16
₹1,563.7
31-Mar-17
Profit After Tax (PAT)
₹312.3
31-Mar-15
₹282.7
31-Mar-16
₹362.4
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 1563.72 1226.73 1159.11
EBITDA N/A N/A N/A
Profit After Tax (PAT) 362.42 282.73 312.29
Net Worth N/A N/A N/A
Total Assets 4803.17 4409.21 3605.63
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered2,52,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding20,00,00,000 shares
Post-Issue Promoter Holding20,00,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Elara Capital (India) Pvt.Ltd.
IDBI Capital Markets Services Ltd.
IDFC Bank Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much RITES Ltd. IPO subscribed?

RITES Ltd. IPO is subscribed 1.00 times by Jun 22, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is RITES Ltd. IPO retail subscription status?

The RITES Ltd. IPO retail category is subscribed 1.00 times as of 22 Jun 2018. The retail portion is oversubscribed.

How to subscribe RITES Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Jun 2018 and closes 22 Jun 2018. Min investment: ₹14,800 (1 lot = 80 shares). UPI mandate: 2018-06-22.

How many times RITES Ltd. IPO subscribed?

The RITES Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check RITES Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Jun 2018. Refunds: on 29 Jun 2018.

When RITES Ltd. IPO will be listed?

The RITES Ltd. IPO listing date is 02 Jul 2018, Monday. Listed on: NSE & BSE. Issue price: ₹185. Estimated listing: ₹185. GMP: NIL.

When RITES Ltd. IPO close?

The RITES Ltd. IPO closes on 22 Jun 2018, Friday. UPI mandate: 2018-06-22. Allotment: 28 Jun 2018. Listing: 02 Jul 2018.