Monday, July 02, 2018

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

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
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
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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: 02-July-2018