RITES IPO - Schedule (Pg #602 of RHP)
13th June - Price Band to be Announced
19th June - Anchor List
20th June - Offer Opens
22th June - Offer Closes
27th June - Finalisation of Basis of Allotment
28th June - Unblocking of ASBA
29th June - Credit to Demat Accounts
02nd July - Listing on NSE & BSE
RITES IPO - Issue Information *(FINAL)*
Issue Opens on: 20 June 2018
Issue Closes on: 22 June 2018
Issue Type: Book Built Issue IPO
Issue Size: 2,52,00,000 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.180 - Rs.185 per Equity Share ( Less: Rs.6 for RII & Emp)
Market Lot: 80 shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 20,00,00,000 Equity Shares
Offer for Sale of 2,52,00,000 Equity Shares @185 = Rs.460.44 Crores
Equity Shares outstanding after the Issue = 20,00,00,000 Equity Shares
Category-wise Break up:
Anchor - 72,00,000 Shares = 133.20Crs
QIB - 48,00,000 Shares = 88.80Crs
NII - 36,00,000 Shares = 66.60Crs
RII - 84,00,000 Shares = 150.36Crs (Lot size: 80 = 1,05,000 Forms)
Emp - 12,00,000 Shares = 21.48Crs
Total Issue - 2,52,00,000 Equity Shares = 460.44Crs.
Subscription required for 1X
RII = 1,05,000 Forms
NII = 66.60 Crs
Interest cost @5%p.a. for 7days = 17.740paise for 1X
RITES IPO - Financial Information (Basis of Valuation)
EPS for FY14-15 >>> Rs.15.61 (Page #93 of RHP)
EPS for FY15-16 >>> Rs.14.07 (Page #93 of RHP)
EPS for FY16-17 >>> Rs.17.64 (Page #93 of RHP)
EPS for 9M17-18 >>> Rs.12.15 (Page #93 of RHP)
RoNW for FY14-15 >>> 18.62% (Page #94 of RHP)
RoNW for FY15-16 >>> 15.08% (Page #94 of RHP)
RoNW for FY16-17 >>> 17.28% (Page #94 of RHP)
RoNW for 9M17-18 >>> 11.19% (Page #94 of RHP)
NAV as on December 31, 2017 was Rs.108.60 (Page #95 of RHP)
Listed Industry Peer Group (Page #95 of RHP): NONE