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Ridings Consulting Engineers India Ltd IPO
BSE SMERs 1,44,000 / 8000 Shares
Ridings Consulting Engineers India Ltd IPO Details
The Ridings Consulting Engineers India Ltd IPO price band is set between Rs 18 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 14 Mar, 2018 and closes on 16 Mar, 2018. Investors can check the allotment status on 22 Mar, 2018, while the listing date is tentatively scheduled for 26 Mar, 2018.
The total issue size is 36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr, aggregating up to . Stay tuned for the latest Ridings Consulting Engineers India Ltd IPO review and GMP updates.
Ridings Consulting Engineers India Ltd IPO Review, Rating & Analysis
Ridings Consulting Engineers India Ltd IPO Review
NO REVIEWRidings Consulting Engineers India Ltd IPO Rating
Ridings Consulting Engineers India Ltd IPO Highlights
IPO Date
Mar 14, 2018 - Mar 16, 2018
Listing Date
26 Mar, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 18 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ridings Consulting Engineers India Ltd IPO Lot Size
The minimum market lot for Ridings Consulting Engineers India Ltd IPO is 8000 shares with an application amount of ₹1,44,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹1,44,000 |
| Retail (Max) | 1 | 8000 | ₹1,44,000 |
| S-HNI (Min) | 2 | 16000 | ₹2,88,000 |
| S-HNI (Max) | 6 | 48000 | ₹8,64,000 |
| B-HNI (Min) | 7 | 56000 | ₹10,08,000 |
Ridings Consulting Engineers India Ltd IPO Timeline
Issue Price
Rs 18 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
SWASTIKA INVESTMART LIMITEDIssue Size
36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Sain Ditta Baveja
- Mr. Sudhir Kumar Baveja
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Ridings Consulting Engineers India Ltd 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 |
Frequently Asked Questions about Ridings Consulting Engineers India Ltd IPO IPO
When will Ridings Consulting Engineers India Ltd IPO open for subscription?
The Ridings Consulting Engineers India Ltd IPO opens on 14 Mar, 2018 and closes on 16 Mar, 2018.
What is the investors portion for Ridings Consulting Engineers India Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1728000.
How to apply for Ridings Consulting Engineers India Ltd IPO?
You can apply for Ridings Consulting Engineers India Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ridings Consulting Engineers India Ltd IPO?
The issue size of Ridings Consulting Engineers India Ltd IPO is approx ₹36,40,000 Equity Shares of Rs 10/- each at a price of 18/- per share aggregating to 6.55 Cr crores.
What is the price band of Ridings Consulting Engineers India Ltd IPO?
The price band for Ridings Consulting Engineers India Ltd IPO is Rs 18 Per Equity Share to ₹undefined.
What is the lot size of Ridings Consulting Engineers India Ltd IPO?
The minimum bid (lot size) for Ridings Consulting Engineers India Ltd IPO is 8000 shares with an investment of approx Rs 1,44,000 .
What is the allotment date of Ridings Consulting Engineers India Ltd IPO?
The allotment date for Ridings Consulting Engineers India Ltd IPO is 22 Mar, 2018.
What is the listing date of Ridings Consulting Engineers India Ltd IPO?
The listing date for Ridings Consulting Engineers India Ltd IPO is expected to be 26 Mar, 2018.
What is the GMP of Ridings Consulting Engineers India Ltd IPO?
The latest Grey Market Premium (GMP) for Ridings Consulting Engineers India Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.