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Rites Ltd.
Issue Open Date 20-Jun-18  
Issue Closing Date 22-Jun-18  
Application Money 100  
Allotment Money  
Price Band (Rs.) 180 - 185  
Minimum Bid Quantity. 80  
Issue Size (Shares) 25200000  
Market Lot 1  
Objective :
1. To carry out the disinvestment of 24,000,000 Equity Shares held by the Selling Shareholder in the Company, equivalent to 12% of the issued, subscribed and paid up Equity Share capital of the Company as part of the Net Offer, and such Equity Shares that may be reserved for Employee Reservation Portion, if any, subject to necessary approvals 2. To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   3600000   700422960   194.56  
Qualified Institutional Buyers   12000000   860586560   71.72  
Retail Individual Investors   12000000   860586560   71.72  
Business Description
Promoter's Holding
Total Share Capital   200000000  
Offered to Public   25200000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   87.4  
Address
Scope Minar
Core – I
Laxmi Nagar
Delhi ,
Delhi ,
110092
Phone : 011-22024610
Email : cs@rites.com
Website : www.rites.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Elara Capital (India) Pvt Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
IDFC Bank Ltd.
SBI Capital Markets Ltd
Promoters
The President Of India