Ridings Consulting Engineers India Ltd IPO

BSE SME

Offer Date: Mar 14, 2018 - Mar 16, 2018

₹ 144000 /8000 Shares

IPO Details

14 Mar, 2018

Open Date

16 Mar, 2018

Close Date

22 Mar, 2018

Allotment Date

26 Mar, 2018

Listing Date

Issue Price

Rs 18 Per Equity Share

Face Value

Rs 10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

Market Lot

8000 Shares (Rs 1,44,000/-)

Lead Manager

SWASTIKA INVESTMART LIMITED

Issue Size

36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr

Retail Portion

N/A

Subscription

45,60,000 1.32 times

IPO Docs

No related IPO documents available.

IPO Subscription 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

Earnings Per Share (EPS)

Rs 0.82

P/E Ratio

RoNW

11.49%

Net Asset Value (NAV) - (After issue)

Rs 13.10

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

Mr. Sain Ditta Baveja
Mr. Sudhir Kumar Baveja

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. 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 IPO price band is set between Rs 18 Per Equity Share .

Ans. To apply for Ridings Consulting Engineers India Ltd IPO 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 allotment status for Ridings Consulting Engineers India Ltd IPO here.