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June 20, 2018 - June 22, 2018

RITES Limited IPO FAQ

RITES Limited IPO Date & Price

The RITES Limited IPO opens on June 20, 2018 and closes on June 22, 2018.

Sorry the RITES Limited IPO timelines are not available at this time.

RITES Limited IPO price is set at ₹185 per equity share.

RITES Limited IPO will close for subscription at 5 PM on June 22, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The RITES Limited IPO starts on June 20, 2018. The issue ends on June 22, 2018.

RITES Limited IPO Issue Size and Subscription Status

The RITES Limited IPO size is 25200000 Equity Shares of ₹10 aggregating up to ₹460.51 Cr.

RITES Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for RITES Limited IPO shares through the banks (using ASBA) or through the broker (using UPI).

RITES Limited IPO Offer Size

Qualified Institutional Buyers (QIB)12,000,000 Shares
Non-Institutional Investors (NII)3,600,000 Shares
Retail Individual Investor (RII)8,400,000 Shares
Employee Reservations1,200,000 Shares
Other Reservations0 Shares
Total Issue Size25,200,000 Shares

RITES Limited IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)71.71 times times
Non-Institutional Investors (NII)194.56 times times
Retail Individual Investor (RII)14.24 times times
Employee Reservations0.96 times times
Other Reservations times
Total Issue Size66.74 times times

Click here to check the RITES Limited IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in RITES Limited IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check RITES Limited IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

RITES Limited IPO Allotment and Listing

The tentative date for RITES Limited IPO allotment status is not available at this time. You can check the RITES Limited IPO Allotment Status as soon as it is available.

Click here to check RITES Limited IPO Allotment Status.

RITES Limited IPO listing Date is July 2, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The RITES Limited IPO listing date and time is published by the exchange in a circular.

Click here to view the RITES Limited IPO Basis of Allotment.

It is hard to say at what price RITES Limited IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The RITES Limited IPO shares will list on July 2, 2018 at BSE, NSE.

RITES Limited IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about RITES Limited IPO which could help you with questions like RITES Limited IPO buy or not? You should also read RITES Limited IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

RITES Limited IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the RITES Limited IPO performance. The performance reports are available 1 day after listing.