Ridings Consulting Engineers IPO Subscription Details

Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Wed, Mar 14, 2018 - Fri, Mar 16, 2018

Basis of Allotment - Ridings Consulting Engineers IPO

Details NII Retail Total
Allocation (No. of shares)17,28,00017,28,00034,56,000
Allotment price (Rs.)181818
No.of applications6390396
No.of shares applied12,16,00031,20,00043,36,000
Amount collected (Rs.cr.)2.19 5.62 7.80
No.of times subscribed0.701.811.25
No.of shares allotted9,68,00024,88,00034,56,000
Amount (Rs.cr.)1.74 4.48 6.22
No.of allottees6311317

IPO Shares Offered

Ridings Consulting Engineers IPO is a public issue of 0.35 Cr equity shares. The issue offers 0.17 Cr shares to retail investors , 0.17 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,84,0000.33 5.05%
Other 17,28,0003.11 47.47%
Retail17,28,0003.11 47.47%
Total36,40,0006.55 100%

IPO Subscription FAQs

The Ridings Consulting Engineers IPO is subscribed 1.3194 times by Mar 16, 2018 17:00.

Ridings Consulting Engineers IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional0.8102
Retail Individual1.8287
Total Subscription1.3194

Retail category of Ridings Consulting Engineers IPO subscribed 1.8287 times as of date Mar 16, 2018 17:00. The public issue closes on Fri, Mar 16, 2018 for bidding.

An investor can apply in Ridings Consulting Engineers IPO online via bank (using ASBA) or the broker (using UPI). The Ridings Consulting Engineers IPO shares are offered online only.

The Ridings Consulting Engineers IPO is subscribed 1.3194 times by Mar 16, 2018 17:00.

The Ridings Consulting Engineers IPO allotment status is expected on or around [.]. Visit Ridings Consulting Engineers IPO allotment status to check.

The Ridings Consulting Engineers IPO listing date is March 26, 2018. The equity share of Ridings Consulting Engineers IPO will list on BSE SME.

Visit Ridings Consulting Engineers IPO subscription status page for real-time bidding information about Ridings Consulting Engineers IPO.

Ridings Consulting Engineers IPO Timetable

IPO opens OnWednesday, March 14, 2018
IPO Closes OnFriday, March 16, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateMonday, March 26, 2018
Open an Instant Account with Zerodha