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RITES Limited IPO Details

Issue Open Jun 20, 2018
Issue Close Jun 22, 2018
IPO Price ₹185
Face Value ₹10
IPO Size ₹460.51 Cr
Listing At BSE, NSE
IPO Lot Size 80
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RITES Limited IPO Subscription Status Live

RITES Limited IPO subscribed 66.74 times. The public issue subscribed 14.24 times in the retail category, 71.71 times in QIB, and 194.56 times in the NII category by Jun 22, 2018.

Investor CategorySubscription (times)
Qualified Institutions71.71
Non-Institutional Buyers194.56
Retail Investors14.24
Employees0.96
Others[.]
Total66.74

RITES Limited IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Jun 20, 2018
0.020.191.650.230.59
Day 2
Jun 21, 2018
0.320.495.590.572.11
Day 3
Jun 22, 2018
71.71194.5614.240.9666.74

RITES Limited IPO Shares Offered

RITES Limited IPO is a public issue of 25,200,000 equity shares. The issue offers 8,400,000 shares to retail investors, 12,000,000 shares to qualified institutional buyers, and 3,600,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB12,000,000222.0047.62%
NII3,600,00066.6014.29%
Retail8,400,000155.4033.33%
Employee1,200,00022.204.76%
Total25,200,000466.20100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

RITES Limited IPO Subscription FAQs

The RITES Limited IPO is subscribed 66.74 by Jun 22, 2018.

RITES Limited IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional71.71
Non Institutional194.56
Retail Individual14.24
Employee Reservations0.96
Others[.]
Total Subscription66.74

Retail category of RITES Limited IPO subscribed 14.24 times as of date Jun 22, 2018. The public issue closes on Jun 22, 2018 for bidding.

An investor can apply in RITES Limited IPO online via bank (using ASBA) or the broker (using UPI). The RITES Limited IPO shares are offered online only.

The RITES Limited IPO is subscribed 66.74 by Jun 22, 2018.

The RITES Limited IPO allotment status is expected on or around . Visit RITES Limited IPO allotment status to check.

The RITES Limited IPO listing date is Monday, July 2, 2018. The equity share of RITES Limited will list on BSE, NSE.

Visit RITES Limited IPO subscription status page for real-time bidding information about RITES Limited IPO.

RITES Limited IPO Timetable

IPO Opens OnJun 20, 2018
IPO Closes OnJun 22, 2018
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date