RITES Limited IPO Subscription Details (Live Status)

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

RITES Limited IPO (Day-wise) Subscription Details (times)

Day 1
Jun 20, 2018
Day 2
Jun 21, 2018
Day 3
Jun 22, 2018

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 (%)

* Anchor Investor portion is not included.

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)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • 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.

What is the difference between RII, NII, QIB and Anchor Investor?

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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
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