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Ridings Consulting Engineers India IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 6.22 Cr. The company is based in New Delhi and caters to Corporate Solutions sector. Swastika Investmart is the merchant banker of Ridings Consulting Engineers India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th January 2018.
Ridings Consulting Engineers India IPO open date is 14th March 2018 and close date is 16th March 2018. IPO Allotment Date is [●] and Listing date is 26th March 2018.
IPO
Size:
₹ 6.22 Cr.
Avg IPO Size (Sector Based)
: ₹
15.62 cr.
Sector: Corporate Solutions
SME
IPO so far:
29
Merchant Banker:
Swastika Investmart
SME
IPO by BRLM so far:
34
City:
New Delhi
SME
IPO so far:
157
Revenue (annualised):
₹
28.36
cr. 
PE
Ratio:
25.00x
Average Sector PE Ratio: 18.22x
Ridings Consulting Engineers India IPO size is ₹ 6.22 Cr. with IPO price of ₹ 18.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Swastika Investmart Limited is the book-running lead manager of the Ridings Consulting Engineers India IPO. NSDL Database Management Limited is the Registrar and Market Maker is Beeline Broking Limited for Ridings Consulting Engineers India IPO.
Ridings Consulting Engineers India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ridings Consulting Engineers India IPO, based in New Delhi, operates in the Corporate Solutions sector with a focus on Geospatial Services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Ridings Consulting Engineers India IPO size is ₹ 6.22 Cr. with fresh issue size of ₹ 6.22 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Ridings Consulting Engineers India IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Ridings Consulting Engineers India IPO allotment status on the registrars website, NSDL Database Management Limited . Ridings Consulting Engineers India IPO refund dates are [●].
Ridings Consulting Engineers India IPO is expected to be listed on 26th March 2018.
The upper price band for the Ridings Consulting Engineers India IPO is set at ₹ 18.00 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 Ridings Consulting Engineers India 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 Ridings Consulting Engineers India 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 16th March 2018. After submission, funds are blocked until the basis of allotment of Ridings Consulting Engineers India IPO is finalised.
The merchant banker for Ridings Consulting Engineers India IPO is Swastika Investmart Limited . Swastika Investmart Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ridings Consulting Engineers India IPO RHP for further details.
The registrar for Ridings Consulting Engineers India IPO is NSDL Database Management Limited . Investors can go to NSDL Database Management Limited registrar website for IPO allotment status, refund processing, and other queries related to Ridings Consulting Engineers India IPO through their official website or helpline.
Ridings Consulting Engineers India IPO was subscribed 1.32 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.22 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.62 Cr.
Sector: Corporate Solutions
SME
IPO so far:
29
Merchant Banker:
Swastika Investmart
SME
IPO by BRLM so far:
34
City:
New Delhi
SME
IPO so far:
157
Revenue (annualised):
₹ 28.36 cr.
PE
Ratio:
25.00x
Average Sector PE Ratio: 18.22x
Ridings Consulting Engineers India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ridings Consulting Engineers India Financial Review Page
Merchant Banker(s) of Ridings Consulting Engineers India IPO: Swastika Investmart Limited
Ridings Consulting Engineers India IPO subscription was 1.32 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.
Ridings Consulting Engineers India IPO listed at a listing price of 18.00 against the offer price of 18.00.
The current market price of Ridings Consulting Engineers India is 4.60.
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