RITES Limited
20 Jun 2018 – 22 Jun 2018
LISTED
Offer Price
₹180–185
Bid lot
80
Min Application
₹14,800
Issue Size
₹466 Cr
Key dates
Open date
20 Jun 2018
Done
Close date
22 Jun 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
02 Jul 2018
Today
Issue reservation
₹466 CrQIB 50%Retail 35%5%
QIB
1.26 Cr sh · ₹233.00 Cr
Retail
88.2 L sh · ₹163.10 Cr
Employee
12.6 L sh · ₹23.30 Cr
BRLM: Elara Capital (India) Private Limited · IDBI Capital Markets & Securities Limited · IDFC Bank Limited · SBI Capital Markets Limited.
Lot ladder — how much to bid
1 lot = 80 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
80 sh · ₹14,800
Max · 13 lots
1,040 sh · ₹1,92,400
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
1,120 sh · ₹2,07,200
Max · 67 lots
5,360 sh · ₹9,91,600
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
5,440 sh · ₹10,06,400
Entry point
₹10,06,400 onward
Issue details
Lead managersElara Capital (India) Private Limited, IDBI Capital Markets & Securities Limited, IDFC Bank Limited, SBI Capital Markets Limited.
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limted
Live subscription
46.02×
0×1×2×3×+
Oversubscribed
Book₹419.40 Cr
Subscribed₹19,300 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,25,94,595₹233.00 Cr | 90,32,84,318₹16,711 Cr | 71.72× |
| HNI | 37,78,378₹69.90 Cr | 73,51,21,292₹13,600 Cr | 194.56× |
| Retail | 88,16,216₹163.10 Cr | 13,87,67,242₹2,567 Cr | 15.74× |
| Employee | 12,59,459₹23.30 Cr | 12,09,081₹22.37 Cr | 0.96× |
| Total | 2,26,70,270₹419.40 Cr | 1,04,32,60,641₹19,300 Cr | 46.02× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 16,710.76 |
| HNI | 13,599.74 |
| Retail | 2,567.19 |
| Employee | 22.37 |
| Total | 19,300.32 |
Amounts at the upper band (₹185). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the RITES Limited IPO?
One lot of 80 shares — ₹14,800 at the upper price band of ₹185.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-07-02 on NSE.