Ridings Consulting Engineers India Ltd IPO

Ridings Consulting Engineers India Ltd is a BSE SME IPO is priced at ₹18 per share with an issue size of 36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr. The IPO opens on Mar 14, 2018 and closes on Mar 16, 2018, with a lot size of 8000 shares and a minimum investment of ₹1,44,000.

Ridings Consulting Engineers India Ltd IPO

BSE SME Listed
₹1,44,000 (8000 Shares)
Minimum Investment
IPO Dates
Mar 14, 2018 – Mar 16, 2018
Price band
₹18 per equity share
Minimum Investment
₹1,44,000
Issue size
36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr
Lot size
8000
Allotment Date
Mar 22, 2018
Listing
Mar 26, 2018
Listing At
BSE SME

IPO timeline

  1. Mar 14, 2018

    Open Date

    Completed

  2. Mar 16, 2018

    Close Date

    Completed

  3. Mar 22, 2018

    Allotment Date

    Completed

  4. Mar 26, 2018

    Listing Date

    Completed

Ridings Consulting Engineers India Ltd IPO Essentials

Ridings Consulting Engineers India Ltd IPO Details

Ridings Consulting Engineers India Ltd IPO is priced at ₹18 per share with a total issue size of 36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr. The IPO has a lot size of 8000 shares and will be listed on BSE SME.

Issue price
Rs 18 Per Equity Share 
Lot size
8000 shares
Face value
Rs 10 Per Equity Share 
Issue size
36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr
Listing at
BSE SME
List price
Listing date
Registrar
Skyline Financial Services Private Ltd
Lead manager
SWASTIKA INVESTMART LIMITED

Ridings Consulting Engineers India Ltd IPO Details

  • Retail Portion N/A

Ridings Consulting Engineers India Ltd IPO Analytics

Ridings Consulting Engineers India Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Ridings Consulting Engineers India Ltd IPO Subscription Status

Ridings Consulting Engineers India Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 17,28,000 17,28,000 34,56,000
Day 1 14-03-18
2,56,000 (0.15) x 0.87 x 0.51 x
Day 2 15-03-18
2,56,000 (0.15) x 1.10 x 0.63 x
Day 3 16-03-18
14,00,000 (0.81) x 1.83 x 1.32 x

Ridings Consulting Engineers India Ltd Valuations

Earnings

EPS (Post IPO)
Rs 0.82
P/E Ratio
22

Returns

RoNW
11.49%

Data sourced from DRHP / RHP • For educational purposes only

Ridings Consulting Engineers India Ltd Company & Offer Insights

Ridings Consulting Engineers India Ltd IPO Issue Objectives

Meeting Working Capital Requirement
General Corporate Purpose
Meeting the Issue Expenses

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Ridings Consulting Engineers India Ltd IPO is a Fixed Priced IPO worth ₹36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr. The issue price is ₹18 per share (fixed price). The IPO opens on Mar 14, 2018 and closes on Mar 16, 2018. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.

The issue price of Ridings Consulting Engineers India Ltd IPO is ₹18 per share (fixed price).

The lot size of Ridings Consulting Engineers India Ltd IPO is 8000 shares.

The minimum investment for Ridings Consulting Engineers India Ltd IPO is approximately ₹1,44,000 based on the issue price .

Ridings Consulting Engineers India Ltd IPO opens on Mar 14, 2018 and closes on Mar 16, 2018.

The allotment date of Ridings Consulting Engineers India Ltd IPO is Mar 22, 2018.

Ridings Consulting Engineers India Ltd IPO is expected to be listed on Mar 26, 2018, on BSE SME Platform.

Ridings Consulting Engineers India Ltd IPO valuation snapshot: P/E 22, EPS Rs 0.82, P/B N/A, RoNW 11.49%, and market cap N/A.

To apply for Ridings Consulting Engineers India Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Ridings Consulting Engineers India Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Ridings Consulting Engineers India Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Ridings Consulting Engineers India Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ridings Consulting Engineers India Ltd IPO allotment status on IPO Ji for quick and easy access.