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

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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 Code541556
NSE CodeRITES
GroupB
ISIN NoINE320J01015
Offer PriceRs.180 / 185
Face ValueRs.10
Listing Date2-July-18, Monday

RITES Ltd IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
190.00
190.00
High Price
224.40
224.50
Low Price
190.00
190.00
Close Price
212.70
213.30

RITES Ltd IPO Subscription: (Fully Subscribed)

CategoryDay 1Day 2Day 3
QIB0.020.3271.71
HNI0.190.49194.56
RII1.655.5915.74
EMP0.230.570.96
Total0.592.1167.23

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: 02July-2018
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