Thursday, February 27, 2020

RITES OFS 2020 Date, Floor Price, How to Apply, Subscription Details

RITES OFS 2020 to open on 27-Feb and closes on 28-Feb 2020. As per the documents filed in BSE Government to sell 2,50,00,000 Equity Share via Rites Offer for Sale in February 2020. The floor price is set Rs.298 for the RITES OFS 2020. The discount offered is Rs.8 for Retail. As the market condition is not good due to Corona Virus we can expect a less interest in the OFS as the stock is available at the same rate in the market. Let's see how investors will react to this. Check the latest Rites Share Price.


RITES OFS 2020 Details:

 RITES OFS Dates:
  27 Feb to 28 Feb 2020
 Face Value:   ₹10
 OFS Floor Price   ₹298
 Discount   ₹8
 Offer Size:   ₹- Crores
 Number of Shares:
  2,50,00,000
 Discount to Retail:
  2.5%

RITES OFS Subscription Numbers:

  • Non Retail Subscription Numbers: 1.3x times 
  • Retail Subscription Numbers


How to Apply RITES OFS?

You can go to the BSE Website and apply for RITES OFS. Click Here