Ridings Consulting Engineers India Ltd

- Swastika Investmart Ltd

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

    • Opens On14 Mar 2018
    • Closes On16 Mar 2018
  • Money Payable On

    • Application18
    • Allotment0
  • Project Cost (Cr.)6.55
  • Post Issue Equity Share Capital (Cr.)12.44
  • Issue Price (D)18

Further Multiples of: 8000

Projects

  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Skyline Financial Services Pvt

    Office No. F-24 First Floor Pankaj Grand Plaza Mayur Vihar Delhi

    Delhi- 110091

    Phone - 91-11-22755585

    Fax -

    Email - info@ridingsindia.com

    Website - www.ridingsindia.com

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