RITES Limited
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REITS is a wholly owned Government Company, a Miniratna (Category -I) and a leading player in the transport consultancy
Have significant presence as a transport infrastructure consultancy organization in the railway sector
Issue Period
Wednesday, Jun 20, 2018 - Friday, Jun 22, 2018
Price Band
Rs.180 - Rs.185 per Equity Share
RITES Limited
| Issuer | RITES Limited(View Report) | |
| Issue Type | 100% Book Built Issue IPO | |
| Issue Period | Issue Opens: Wednesday,Jun 20, 2018 | |
| Issue Closes: Friday,Jun 22, 2018 | ||
| Price Brand | Rs.180 - Rs.185 per Equity Share | |
| Offer Details | 25,200,000Equity shares (Offer for sale). | |
| Face Value | Rs. 10 per Equity Share | |
| Minimum Order Quantity Retail: | 80 Equity Shares and in multiples thereof | |
| Maximum Bid amount for Retail: | Rs. 2 Lakhs | |
| QIB | 50% of the issue size | |
| NIB | 15% of the issue size | |
| Retail Individual Bidders | 35% of the issue size | |
| Employee Reservation | 12,00,000 Equity Shares | |
| Retail Discount | Rs.6/-per Equity Share | |
| Registrar | Link Intime India Private Limited | |
| Listing | NSE & BSE | |
| Book Running Lead Managers | Elara Capital (India) Pvt. Ltd, IDBI Capital Markets & Securities Ltd, IDFC Bank Ltd, SBI Capital Markets Ltd | |
Key Strategies:
- Leverage experience and continue to build on our core competencies in transport infrastructure sector
- Strengthen EPC/Turnkey business
- Expand international operations
- Expand operations in the power procurement and renewable energy sector through our subsidiary, Railway Energy Management Company
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