Ridings Consulting Engineers India Ltd IPO
BSE SME₹ 288000 /16000 Shares
*Min Investment
14 Mar, 2018
Open Date16 Mar, 2018
Close Date22 Mar, 2018
Allotment Date26 Mar, 2018
Listing DateIPO Issue Details
- Issue Price Rs 18 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Lead Manager SWASTIKA INVESTMART LIMITED
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Ridings Consulting Engineers India Ltd IPO is an SME IPO, priced at Rs 18 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 14, 2018 to Mar 16, 2018. The allotment is expected to be finalized on Mar 22, 2018, and the tentative listing date is Mar 26, 2018.
The registrar of the IPO is Skyline Financial Services Private Ltd , and
IPO Subscription Analysis And Details
| 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 | 15,04,000 0.87 x | 17,60,000 0.51 x |
Day 2 15-03-18 | 2,56,000 0.15 x | 19,04,000 1.10 x | 21,60,000 0.63 x |
Day 3 16-03-18 | 14,00,000 0.81 x | 31,60,000 1.83 x | 45,60,000 1.32 x |
Valuations
IPO - Issue Objectives
Meeting Working Capital Requirement
General Corporate Purpose
Meeting the Issue Expenses
IPO - FAQs
Ans. Ridings Consulting Engineers India Ltd IPO is a SME IPO. The issue is priced at Rs 18 Per Equity Share . The minimum order quantity is 8000 Shares. The IPO opens on Mar 14, 2018, and closes on Mar 16, 2018. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Ridings Consulting Engineers India Ltd IPO opens on Mar 14, 2018 and closes on Mar 16, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ridings Consulting Engineers India Ltd IPO is 36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr.
Ans. The Ridings Consulting Engineers India Ltd IPO price band is set between Rs 18 Per Equity Share .
Ans. To apply for Ridings Consulting Engineers India Ltd IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ridings Consulting Engineers India Ltd IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ridings Consulting Engineers India Ltd IPO is Mar 22, 2018.
Ans. The Ridings Consulting Engineers India Ltd IPO will be listed on Mar 26, 2018.
Ans. Follow the steps to check the Ridings Consulting Engineers India Ltd IPO allotment status online.
