RITES Ltd., a Government of India Enterprise was established in 1974, under the aegis of Indian Railways. RITES Ltd. is a multi-disciplinary consultancy organization in the fields of transport, infrastructure and related technologies. It provides a comprehensive array of services under a single roof and believes in transfer of technology to client organizations.
Please see below details of Rites Ltd.
Type
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OFS
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Symbol
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RITES
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Date of Offer for Sale
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For Retail Investors : Monday, 25.11.2019
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ISIN No
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INE320J01015
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No: of shares being offered for sale
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Base offer size: 2,50,00,000
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Total shares : 3,75,00,000 (With an additional option to sell up to 1,25,00,000 shares)
| |
Offer Size for Retail Investors
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Base offer size: 50,00,000
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Total shares : 75,00,000 (With an additional option to sell up to 25,00,000 shares)
| |
Face Value
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Rs. 10/-
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Floor Price (Rs)
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Rs 293.50 /-
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Discount to Retail
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5% to the Cut Off price
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Tick Price
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Rs 0.05
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Lot Size
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1 Equity Share
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Allocation Methodology
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Price Priority Method
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Stock exchanges
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BSE & NSE
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Exchange Bidding Time
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09:15 AM to 15:30 PM
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Reservation Portion for Retail
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20 % of Issue Size reserved for Retail Investors
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