The state-owned RITES listed at Rs 190 on the BSE, a 2.7 per cent premium over its issue price of Rs 185, before closing the day at Rs 212.7. At the current market price, the stock is trading at 13 times its FY 2018 estimated earnings, which is cheaper than its peers EIL and NBCC, which are trading at 22 times and 31 times, respectively. Home IPO Grey Market Premium and Discussion IPO 2018 Rites Limited IPO Rites Limited IPO Business description – Rites Limited is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having RITES IPO to hit markets on June 20, price band at Rs 180-185 per share. At the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer. The price band for the issue has been fixed at Rs 180-185 a share, as per a public notice.

The initial public offering of RITES Limited is set to get listed on both of the Exchanges i.e. the National Stock Exchange and Bombay Stock Exchange. RITES IPO will list as on June 20 ,2018 with a price band of Rs. 180-185 per equity share. RITES Limited IPO – Review, Allotment Status, Subscription, Price, Date & more February 11, 2020 Top10stockbroker Rites Limited is a Public Sector Enterprise and is the only company with diverse services and geographical reach acting as a leading player in the transport consultancy as well as in engineering sector in India. The initial public offer (IPO) of RITES – a government-owned railway consultancy firm and a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise – opens for subscription today. The price band for the issue has been fixed at Rs 180-185 a share (discount of Rs 6 per share for retail shareholders and employees), and the 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.

Feb 27, 2020 About IPOWatch. A Team with enough knowledge of ipo industry and stock market. We are here to share information about upcoming ipos, grey 

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 IPO subscribed 6691% on last day of issue The share sale to raise about Rs 466 crore received bids for 168.60 crore shares against the total issue size of 2.52 crore shares by 3.30 pm on RITES IPO GMP, Review, Price, Allotment, Subscription 08-Jun-18 Main IPO MyIpo RITES (Rail India Technical and Economic Service) Ltd is a Government of India Enterprise, which is under aegis of Indian Railways and established in 1974. RITES Limited IPO – Should you invest? Government of India is going to divest 12% stake in RITES IPO now. RITES IPO (Miniratna) would open for subscription on 20th June, 2018. RITES (Rail India Technical and Economic Services) Limited is multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. RITES revenues grew at 9% CAGR in the The three-day IPO, which closes on Friday, received 5.24 crore bids against the total issue size of 2.52 crore, NSE data shows. RITES is the second railways public sector enterprise that is IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets. We don’t trade into grey market nor do we facilitate buying or selling of IPO forms. IPO GMP is the rate of premium an IPO commands per share in grey market.

Home IPO Grey Market Premium and Discussion IPO 2018 Rites Limited IPO Rites Limited IPO Business description – Rites Limited is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having

RITES Limited IPO – Should you invest? Government of India is going to divest 12% stake in RITES IPO now. RITES IPO (Miniratna) would open for subscription on 20th June, 2018. RITES (Rail India Technical and Economic Services) Limited is multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. RITES revenues grew at 9% CAGR in the The three-day IPO, which closes on Friday, received 5.24 crore bids against the total issue size of 2.52 crore, NSE data shows. RITES is the second railways public sector enterprise that is IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets. We don’t trade into grey market nor do we facilitate buying or selling of IPO forms. IPO GMP is the rate of premium an IPO commands per share in grey market.

Jun 14, 2019 The company's Rs 466-crore IPO, which ran between June 20 and 22, was subscribed 67 times. The price band was fixed at Rs 180-185 per 

For the year ending March 2019 RITES has declared an equity dividend of 127.50% amounting to Rs 12.75 per share. At the current share price of Rs 265.35 this results in a dividend yield of 4.8%. RITES IPO's price band is between Rs 180 and Rs 185. RITES IPO's floor price is 18 times of the face value of the equity shares, and the cap price is 18.5 times of the face value of equity shares. 3. The bids can be made in a lot of 80 equity shares. The maximum subscription amount for retail investor is Rs 2,00,000. As of 5 pm, the RITES IPO was subscribed 66.71 times, according to NSE data. The price band of IPO was fixed at ₹ 180-185 per share, with lot size of 80 shares and in multiples thereafter. RITES is the first state-owned firm to hit the IPO market in the current fiscal. The state-owned RITES listed at Rs 190 on the BSE, a 2.7 per cent premium over its issue price of Rs 185, before closing the day at Rs 212.7. At the current market price, the stock is trading at 13 times its FY 2018 estimated earnings, which is cheaper than its peers EIL and NBCC, which are trading at 22 times and 31 times, respectively. Home IPO Grey Market Premium and Discussion IPO 2018 Rites Limited IPO Rites Limited IPO Business description – Rites Limited is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having RITES IPO to hit markets on June 20, price band at Rs 180-185 per share. At the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer. The price band for the issue has been fixed at Rs 180-185 a share, as per a public notice. IPO GMP is the rate of premium an IPO commands per share in grey market. Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

IPO Note - RITES Limited Issue Open: June 20 - June 22, 2018, Price Band: Rs. 180 - 185 ( Discount of Rs.6 per share to eligible employees and retail individual  

The initial public offering of RITES Limited is set to get listed on both of the Exchanges i.e. the National Stock Exchange and Bombay Stock Exchange. RITES IPO will list as on June 20 ,2018 with a price band of Rs. 180-185 per equity share. RITES Limited IPO – Review, Allotment Status, Subscription, Price, Date & more February 11, 2020 Top10stockbroker Rites Limited is a Public Sector Enterprise and is the only company with diverse services and geographical reach acting as a leading player in the transport consultancy as well as in engineering sector in India. The initial public offer (IPO) of RITES – a government-owned railway consultancy firm and a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise – opens for subscription today. The price band for the issue has been fixed at Rs 180-185 a share (discount of Rs 6 per share for retail shareholders and employees), and the 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 IPO subscribed 6691% on last day of issue The share sale to raise about Rs 466 crore received bids for 168.60 crore shares against the total issue size of 2.52 crore shares by 3.30 pm on RITES IPO GMP, Review, Price, Allotment, Subscription 08-Jun-18 Main IPO MyIpo RITES (Rail India Technical and Economic Service) Ltd is a Government of India Enterprise, which is under aegis of Indian Railways and established in 1974. RITES Limited IPO – Should you invest? Government of India is going to divest 12% stake in RITES IPO now. RITES IPO (Miniratna) would open for subscription on 20th June, 2018. RITES (Rail India Technical and Economic Services) Limited is multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. RITES revenues grew at 9% CAGR in the

As of 5 pm, the RITES IPO was subscribed 66.71 times, according to NSE data. The price band of IPO was fixed at ₹ 180-185 per share, with lot size of 80 shares and in multiples thereafter. RITES is the first state-owned firm to hit the IPO market in the current fiscal. The state-owned RITES listed at Rs 190 on the BSE, a 2.7 per cent premium over its issue price of Rs 185, before closing the day at Rs 212.7. At the current market price, the stock is trading at 13 times its FY 2018 estimated earnings, which is cheaper than its peers EIL and NBCC, which are trading at 22 times and 31 times, respectively. Home IPO Grey Market Premium and Discussion IPO 2018 Rites Limited IPO Rites Limited IPO Business description – Rites Limited is a wholly owned Government Company, a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having RITES IPO to hit markets on June 20, price band at Rs 180-185 per share. At the upper end of the price band of Rs 185 a scrip, the IPO would fetch around Rs 460 crore to the exchequer. The price band for the issue has been fixed at Rs 180-185 a share, as per a public notice. IPO GMP is the rate of premium an IPO commands per share in grey market. Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status. The initial public offering of RITES Limited is set to get listed on both of the Exchanges i.e. the National Stock Exchange and Bombay Stock Exchange. RITES IPO will list as on June 20 ,2018 with a price band of Rs. 180-185 per equity share. RITES Limited IPO – Review, Allotment Status, Subscription, Price, Date & more February 11, 2020 Top10stockbroker Rites Limited is a Public Sector Enterprise and is the only company with diverse services and geographical reach acting as a leading player in the transport consultancy as well as in engineering sector in India.