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Rites Ltd

Registered Office : Scope Minar Core-I,Laxmi Nagar,New Delhi New Delhi 110092 Phone : 91-011-23354800/22024610
Fax : 91-011-22024660

Email : cs@rites.com

Website : https://www.rites.com

Initial public offering of 25,200,000 equity shares of face value of Rs.10 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 Rs.185 * per Equity share (including a premium of Rs.175 (the "offer price"), aggregating to Rs.460.51 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 Rs. 6 per equity share on the offer price may be offered to Retail Individual Bidders ("Retail Discount") of Rs. 6 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 Rs.185 per equity share is 18.5 times of the face value. Retail Discount and employee discount Rs.6 per equity share on Offer Price.

Issue

Opens On

Closes On

20-Jun-2018

22-Jun-2018

Money Payable On

Application

Allotment

185.00

0.00

Minimum Application for shares in Nos : 80.0 Further Multiples of : 80.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

460.51

200.00

185.00

Elara Capital (India) Pvt Ltd

IDBI Capital Markets & Securities Ltd

IDFC Bank Ltd

SBI Capital Markets Ltd

Projects

To Carry out the Disinvestment of 24,000,0000 shares held by the selling shareholders of the company

Listing the Equity shares on the Stock Exchanges

Promoted By

The President of India

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd