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RITES IPO
₹213.30
+15.30% on listing
Listing-day close · NSE · 2 Jul 2018 · issue price ₹185
RITES’ ₹461 crore IPO was priced at ₹185 a share. It listed on the NSE on 2 Jul 2018 and closed its first day at ₹213.30, up 15.30% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹461 Cr
- Fresh issue
- —
- Offer for sale
- ₹461 Cr
- Lot size
- 80 shares
- Minimum investment
- ₹14,800
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 66.77× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹3,700 Cr
- Promoter holding
- 100.00% → 87.40%
From the offer documents.
Listing
- Listing date
- 2 Jul 2018
- Issue price
- ₹185
- Open
- ₹190.00
- High
- ₹224.50
- Low
- ₹190.00
- Close
- ₹213.30
Listing day on the NSE. The close was +15.30% on the issue price.
RITES share price todayFAQs
When did the RITES IPO open and close?
It opened on 20 Jun 2018 and closed on 22 Jun 2018.
What was the RITES IPO price?
The price band was ₹180–185 a share. The final issue price was ₹185.
What is the lot size and minimum investment?
One lot is 80 shares, ₹14,800 at ₹185 a share. Retail investors apply in whole lots.
How much did RITES raise?
₹461 crore: ₹461 crore offered by existing shareholders.
How many times was the RITES IPO subscribed?
66.77 times overall.
How did RITES list?
It listed on the NSE on 2 Jul 2018 at ₹190.00 and closed the day at ₹213.30, up 15.30% on the ₹185 issue price.
Who is the registrar of the RITES IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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