RITES Limited IPO Message Board (Page 22)

QIB      7.22X
NII      2.24X
RII      9.66X
Emp      0.78X
Total      7.01X

The subscription seems to be appealing. Is it right time to go ahead for application.

Yes, Apply

if oversubscribed in hni u get allotted 80 or more equity shares ?

how do you get the subscription figures on a real time basis and not at the end of the day ? from which source ?

It is available on website of BSE & NSE both.

https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3733

https://nseindia.com/products/content/equities/ipos/ipo_current_rites.htm

Click BSE Demand Schedule on BSE concerned IPO page and click 'NSE Bid Details' on NSE IPO page during bid time.

RITES Ltd. IPO
Subscription figures (BSE+NSE)
on last day @12:40 pm:
QIB - 3.22X
HNI - 2.09X
Retail - 9.44X (app. wise 7.89X)
Employees - 0.77X
Total - 5.02X
Figures increasing slowly slowly and real action after 2:30pm.
Total 1,05,00 lots are available for allotment in retail category so allotment chances going to be very tough, only 9-10% lucky investors will get the allotment approx.
99.9% chances of positive listing. It may give approx 20%+ listing gain.
A must apply IPO.
I have applied single lot.

RITES Ltd. IPO
Subscription figures (BSE+NSE)
on last day @12:40 pm:
QIB - 3.22X
HNI - 2.09X
Retail - 9.44X (app. wise 7.89X)
Employees - 0.77X
Total - 5.02X
Figures increasing slowly slowly and real action after 2:30pm.
Total 1,05,00 lots are available for allotment in retail category so allotment chances going to be very tough, only 9-10% lucky investors will get the allotment approx.
99.9% chances of positive listing. It may give approx 20% listing gain.
A must apply IPO.
I have applied single lot.

Some body put latest RITES subscription status.

Guys,
Apply for both ipo
Both will give good listing gain..
Rites wiill list above 20% premium
Fine will list above 10% premium
Mark my words...
See the subscription at the end of day

Guys,
Apply for both ipo
Both will give good listing gain..
Rites wiill list above 20% premium
Fine will list above 10% premium
Mark my words...
See the subscription at the end of day

At 12:30 PM:
Qualified Institutional Buyers(QIBs)* : 3.22x
Non Institutional Investors: 2.09x
Retail Individual Investors(RIIs): 9.33x
Employee Reservation: 0.77x
Total: 4.98x
*Excluding Anchor

Total No.of Application Approx : ~ 819240
Retail Subscription on the basis of Apps : 7.80 x

apply for fine organics for confirm allotment

I too agree with harit. I don't see any listing gain.

नुकसान कौन उठाएगा ?

*R.I.T.E.S. LIMITED*
*FINAL DAY SUBS FIGURE AT 12:00 P.M.*
QIB 2.32X
NII 1.86X
RII 8.94X
EMP 0.76X
TOTAL 4.39X

now QIB start running

Till what time I can apply for an IPO from SBI netbanking?

PS: today is last day.

2 P.M.

*R.I.T.E.S. LIMITED*
*FINAL DAY SUBS FIGURE AT 11:25 A.M.*
QIB 0.32X
NII 1.51X
RII 8.41X
EMP 0.75X
TOTAL 3.21X
Total No.of FORMS : 7,34,565
*Apps Wise : 7.00X*

RITES Ltd. IPO update:
(Rail India Technical & Economic Service, a Govt. of India Miniratna Company)

Already opens On: June 20, 2018

Closes On: June 22, 2018

Face Value Rs 10

Price Band: Rs 180 to Rs 185 per share.

Rs 6 discount for retailers and employees.

Bid Lot: 80 Equity Shares

Issue Size: Total 2.52 crores shares i.e.Rs 466.2 Crs at upper Band

Issue Split:

12 lakh shares reserved for employees.

QIB: 50% (Rs 222 Crs at upper band i.e. 1,20,00,000 shares)

HNI: 15% (Rs 66.6 Crs at upper Band i.e. 36,00,000 shares)

Retail: 35% (Rs 155.4 Crs at upper band i.e. 84,00,000 shares)

For retail investors only 1,05,000 lots available for allotment.

Minimum amount required 179×80= Rs 14320/-

Allotment on June 28 & listing on July 02, 2018 on BSE & NSE

Presently grey market premium around Rs.34-36 per share.

Apply for some listing gain as well as for short to long term. It may give 15-20% listing gain.

rrpjodhpur ????????

A must apply IPO.
I have already applied single lot. Applying multiple lots not beneficial because already subscribed 7X application wise in retail so apply only single lot per application, why block more amount. So apply only single lot.

I applied to RITES IPO through AXIS bank online facility.
My application is currently under process and it's in lien. I'm not sure why.

I'm not sure what does that mean! Can anyone here help?

Axis bank applicants never alloted shares since last year

Axis bank is the worst bank to bank with. I am fed up of their services. Always problem in their Net Banking.. and never got allotment for oversubscribed issue.

i have apply through sbi 800 shares @185 total amount 148000
discuont 6% less 139120/- but sbi block 142500/-
i do not understood, anyone please guide me

Its 6 rs not percent

retail given 6 Rs discount, so issue price 179 Rs.
So you see the diffrence of 6500 Rs. Not to worry. its fine.

RITES se achha to fine organics lag raha hai.
Agar QIB 20 times cross krega to rites je badle FO me aply krna achha rahega..waha altmnt ke chances bhi lag rahe hai

@11:03

QIB 0.32
NII 0.72
RII 7.95
Employee 0.74

Total 2.95x

FINE ORGANICS ??