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RITES IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 460.51 Cr. The company is based in New Delhi and caters to Chemical sector. Idbi Capital Market Services , Elara Capital (India) , Idfc Bank , SBI Capital Markets are the merchant bankers of RITES IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th January 2018.
RITES IPO open date is 20th June 2018 and close date is 22nd June 2018. IPO Allotment Date is 30th November -0001 and Listing date is 2nd July 2018.
IPO
Size:
₹ 460.51 Cr.
Avg IPO Size (Sector Based)
: ₹
595.38 cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Idbi Capital
IPO by BRLM so far:
30
City:
New Delhi
IPO so far:
126
Revenue (annualised):
₹
1414.75
cr. 
PE
Ratio:
11.00x
Average Sector PE Ratio: 23.14x
RITES IPO size is ₹ 460.51 Cr. with IPO price of ₹ 185.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the RITES IPO. Link Intime India Private Limited is the Registrar for RITES IPO.
RITES IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
RITES IPO, based in New Delhi, operates in the Chemical sector with a focus on transport infrastructure and related technologies. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. RITES IPO size is ₹ 460.51 Cr. with fresh issue size of ₹ 461 and Offer for sale being ₹ Nil
The IPO allotment date for RITES IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check RITES IPO allotment status on the registrars website, Link Intime India Private Limited . RITES IPO refund dates are 30th November -0001.
RITES IPO is expected to be listed on 2nd July 2018.
The upper price band for the RITES IPO is set at ₹ 185.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on RITES IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the RITES IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd June 2018. After submission, funds are blocked until the basis of allotment of RITES IPO is finalised.
The merchant banker for RITES IPO is Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Idfc Bank Limited , SBI Capital Markets Limited . Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Idfc Bank Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the RITES IPO RHP for further details.
The registrar for RITES IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to RITES IPO through their official website or helpline.
RITES IPO was subscribed 66.74 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 460.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 595.38 Cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
Idbi Capital
IPO by BRLM so far:
30
City:
New Delhi
IPO so far:
126
Revenue (annualised):
₹ 1,248.20 cr.
PE
Ratio:
11.00x
Average Sector PE Ratio: 23.14x
RITES IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on RITES Financial Review Page
Merchant Banker(s) of RITES IPO: Idbi Capital Market Services Limited , Elara Capital (India) Private Limited , Idfc Bank Limited , SBI Capital Markets Limited
RITES IPO subscription was 66.74 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
RITES IPO listed at a listing price of 212.70 against the offer price of 185.00.
The current market price of RITES is 275.10.
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