Ridings Consulting Engineers India Ltd RHP
Registered Office : Office No. F-24 First Floor , Pankaj Grand Plaza Mayur Vihar , Delhi - 110091 , Delhi , India.
Phone : 91-11-22755585 Fax :
Email :info@ridingsindia.com Website : www.ridingsindia.com
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.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
3/14/2018 12:00:00 AM | 3/16/2018 12:00:00 AM | Rs 18 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 8000 Further Multiples of : 8000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 6.55 | Swastika Investmart Ltd |
Project Financed through Current Offer | 6.55 | |
Post Issue Equity Share Capital | 6.55 | |
Issue Price | Rs. 18 |
Projects |
---|
To meet working capital requirement |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | Skyline Financial Services Pvt |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.