Ridings Consulting Engineers IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Ridings Consulting Engineers Ltd incorporated in 1995 based in Delhi. The company is providing geospatial services. The services includes Underground Survey with GPR, 3D Mapping & LIDAR Survey, Topographical, urban, cadastral & Geodetic Survey, Any Kind OF GIS Trunkey Solution for Government of india, AMIRUT, Smart CITY & other Programme. RCE is certified ISO 9001:2000 organization since 2000 and is currently certificated as ISO 9001:2015. Ridings Consulting Engineers ipo is starting from 14 March and ends on 16 March. The price band is around Rs.18 with 8000 market lot. The ipo size is around 6.55 crore rupees.

IPO Review:

• Risky

Ridings Consulting Engineers IPO Dates & Price Band:

• IPO Open: 14 March 2018
• IPO Close: 16 March 2018
• IPO Size: Approx Rs 06.55 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.18 Per Equity Share
• Listing on: BSE SME
• Shares: 3,640,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 8,000 Shares (Minimum Lot Size)
• Amount: Rs.1,44,000

Financial Results:

Rs. in Crore
	2013	2014	2015	2016	2017
Revenues	15.14	13.52	13.57	14.27	16.90
Expenses	14.06	11.74	11.93	13.16	15.37
PAT	0.74	1.17	1.07	0.52	1.02

Grey Market Premium:

• The grey market is around Rs.N/A Subject to Sauda.

Ridings Consulting Engineers IPO Subscription Status:

• IPO Subscribed 1.25 times overall

Ridings Consulting Engineers IPO Allotment Status:

• Click Here

Company Promoters:

• Mr Sain Ditta Baveja
• Mr Sudhir Kumar Baveja

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Skyline Financial Services Private Ltd
Phone: +91 – 11 – 2681
Fax: +91 – 11 – 30857562
Email: virenr@skylinerta.com
Website: http://www.skylinerta.com


IPO Lead Managers:

• SWASTIKA INVESTMART LIMITED

Company Address:
Ridings Consulting Engineers India Limited
429-430, Block-II, 2nd Floor
Ganga Shopping Complex, Sector-29
Noida - 201303
Phone: +91 120 469 4500
Email: info@ridingsindia.com
Website: www.ridingsindia.com