Ridings Consulting Engineers India Ltd IPO
IPO Details
- Open Date 14-Mar-18
- Close Date 16-Mar-18
- Lot Size 8000
- IPO Size ₹ 6.55 Cr
- IPO Price Range ₹ 18
- Min Investment ₹ 144000
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Initial public issue of 36,40,000 equity shares of face value of Rs. 10 each (equity shares) of Ridings Consulting Engineers India Limited (The Company or Issuer) for cash at a price of Rs. 18.00 per equity share (including a share premium of Rs. 8.00 per equity share) (Issue Price) aggregating to Rs. 6.55 crores (Issue) of which 1,84,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 18.00 per equity share, aggregating to Rs. 0.33 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 34,56,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 18.00 per equity share aggregating to Rs. 6.22 crores (The Net Issue). The issue and the net issue will constitute 29.26% and 27.78%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is Rs. 18.00. The Issue price is 1.8 times of the face value.Ridings Consulting Engineers India Ltd Financial Status
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Contact Details of Ridings Consulting Engineers India Ltd IPO
Contact Information
Office No. F-24 First Floor,
Pankaj Grand Plaza Mayur Vihar,
Delhi, Delhi 110091
Ridings Consulting Engineers India Ltd IPO Lead Manager
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