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Thursday, August 16, 2018 12:01:00 PM  Adani Ports  :   371.75  -1.60     |   Asian Paints  :   1389.55  -6.00     |   Axis Bank  :   630.60  12.30     |   Bajaj Auto  :   2667.95  22.40     |   Bharti Airtel  :   369.80  3.30     |   Coal India  :   284.50  3.00     |   H D F C  :   1912.85  -28.80     |   HDFC Bank  :   2074.10  -15.05     |   Hero Motocorp  :   3271.00  8.00     |   Hind. Unilever  :   1750.00  2.90     |   ICICI Bank  :   336.45  4.15     |   IndusInd Bank  :   1982.90  -15.20     |   Infosys  :   1428.60  19.85     |   ITC  :   307.20  -0.05     |   Kotak Mah. Bank  :   1251.80  -39.80     |   Larsen & Toubro  :   1253.50  0.00     |   M & M  :   956.95  4.90     |   Maruti Suzuki  :   9201.20  71.35     |   NTPC  :   157.25  0.30     |   O N G C  :   165.10  -1.25     |   Power Grid Corpn  :   188.80  1.60     |   Reliance Inds.  :   1212.80  1.85     |   St Bk of India  :   297.20  2.50     |   Sun Pharma.Inds.  :   614.00  12.35     |   Tata Motors  :   252.00  3.30     |   Tata Motors-DVR  :   135.25  -0.15     |   Tata Steel  :   573.25  -5.65     |   TCS  :   2014.00  12.75     |   Vedanta  :   210.40  -4.70     |   Wipro  :   281.10  -3.30     |   Yes Bank  :   383.10  1.35 
Rites Ltd
Registered Office: Scope Minar Core-I,Laxmi Nagar , New Delhi - 110092 , New Delhi , India.
Phone : 91-011-23354800/22024610   Fax:91-011-22024660
Email :  ptmittal@rites.com  
Website :  www.rites.com
Initial public offering of 25,200,000 equity shares of face value of Rs10 each ("equity shares") of Rites limited (the "company" or the "issuer") through an offer for Sale by the president of india, acting through the ministry of railways, government of india (the "selling shareholder"), for cash at a price of Rs185 * per Equity share (including a premium of Rs175 (the "offer price"), aggregating to Rs460.51 Crores (the "offer"). Subject to receipt of necessary approvals from the Government of india ("goi"), upto 1,200,000 equity shares may be reserved for eligible employees (defined below) (the "employee reservation portion"). The offer less employee reservation portion (if any) is referred to as the net offer. The offer will comprise of a net offer of 24,000,000 equity shares and the employee reservation portion of 1,200,000 equity shares. The offer and net offer shall constitute 12.60% and 12% of the post-offer paid-up equity share capital of the Company respectively. A Discount of Rs6 per equity share on the offer price may be offered to Retail Individual Bidders ("Retail Discount") of Rs6 per equity share on the offer price may be offered to eligible employees bidding in the employee reservation portion ("Employee Discount). Price band: The offer price is Rs185 per equity share is 18.5 times of the face value. Retail Discount and employee discount Rs6 per equity share on Offer Price.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Jun-18 22-Jun-18 Rs185.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :80  Further Multiples of :80

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Elara Capital (India) Pvt Ltd
Project Financed through Current Offer 460.51  
Post Issue Equity Share Capital 200.00  
Issue Price Rs185.00  
 
Projects
To Carry out the Disinvestment of 24,000,0000 shares held by the selling shareholders of the companyListing the Equity shares on the Stock Exchanges
Promoted By
The President of India
Listing At
BSE 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd