RIDINGS CONSULTING...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO RIDINGS CONSULTING...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Ridings Consulting Engineers India Ltd.

Ridings Consulting Engineers India Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹18
₹18
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹18
Based on GMP
Min. Investment
₹144,000
1 lot × 8000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Mar 2018
Close Date
16 Mar 2018
Allotment
22 Mar 2018
Listing Date
26 Mar 2018
Exchange
BSE SME
Price Band
₹18
Listing Price
See chart
Allotment Status
Price Band
₹18
Per share
Face Value
₹10 per share
 
Lot Size
8,000 Shares
per lot
Issue Size
36,40,000 shares (aggregating up to ₹6.55 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
88,00,000 shares
Promoters
Post-IPO Holding
1,24,40,000 shares
Promoters
UPI Deadline
2018-03-16
Mandate
Anchor AllotmentTue, 13 Mar 2018
Basis of AllotmentThu, 22 Mar 2018
Refund InitiationFri, 23 Mar 2018
Demat CreditFri, 23 Mar 2018
Listing DayMon, 26 Mar 2018
UPI Mandate Deadline2018-03-16
Sale TypeFresh Capital
Net Offer to Public34,56,000 shares (aggregating up to ₹6.22 Cr)
Market Maker Quota1,84,000 shares (aggregating up to ₹0.3312 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ridings Consulting Engineers India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 16 Mar 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
184,000
₹0.33
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,640,000
100% ₹6.55
IPO Shares Offered
Ridings Consulting Engineers India Ltd. IPO total issue size: ₹6.55 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 184,000 ₹0.33
5.05%
Total 3,640,000 ₹6.55
100.00%
* Based on upper price band ₹18 per share
Lot Size & Investment
Lot Size
8,000
Shares per Lot
Issue Price
₹18.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)216,000₹288,000
Retail (Max — 13 Lots)13104,000₹1,872,000
S-HNI (Min — 14 Lots)14112,000₹2,016,000
B-HNI (Min — 68 Lots)68544,000₹9,792,000
* Issue Price ₹18 × Lot Size 8,000 shares
IPO Schedule
Anchor
13 Mar 2018
✓ Done
IPO Open
14 Mar 2018
✓ Done
IPO Close
16 Mar 2018
✓ Done
Allotment
22 Mar 2018
✓ Done
Refunds
23 Mar 2018
✓ Done
Demat Credit
23 Mar 2018
✓ Done
Listing Day
26 Mar 2018
✓ Done
Ridings Consulting Engineers India Ltd. — Live Price LIVE
₹18.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹18.00 Live Price
About Ridings Consulting Engineers India Ltd.
Incorporated in 1995, Ridings Consulting Engineers India Limited is a Delhi based company engaged in providing Geospatial Services which includes Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey, Geographic Information Systems and Geospatial database development (GIS & Mapping Solution), Geospatial -Marketing consulting and planning, Training (GIS/ AutoCAD/ Arc Suite/ GPR/ EPL & DGPS/Total Station), Geographic Information Systems for Utilities (Power, Water & Telecom) and Land surveying and Geospatial Data (Digital & large Scale Geospatial Data) etc. Basically Geographic Information Systems (GIS) applications including mapping of utilities such as electrical network, telecom network, water supply and sewerage systems. The company provide services in the field such as GPR (Ground Penetrating Radar) / Sue Survey, Navigation Survey, Property Tax Surveys, Land Usage Surveys, Investigative Surveys (gather competition, market penetration data), Socio-Economic Surveys, Geospatial Application Development and Services which directly provide services to various private sector, Semi Government & Government entities in field of telecom, oil and gas, public utilities etc. in India, Bahrain and other Gulf countries.The company is an ISO 9001:2015 certified company for providing training and services in the field of Topographical Ground Survey, Cartography, Digitization, Data Base, Software Development/Customization, GIS, Development, all type of Engineering, Survey/design and Remote sensing and Digital Photogrammetry Applications.Ridings Consulting Engineers has maintained a long-standing relationship with major customers such as Reliance Jio, Airtel, L&T, TCS, Tom Tom, HERE (formerly NavTeq), Reliance ADA, TATA, Jacobs Zate, Mott McDonald, various government municipalities and utility providing agencies etc.As on September 30, 2017, the company had 82 employees including Key Managerial Personnel.
Objects of the Issue
1
1 To Meet Working Capital Requirement
2
2 General Corporate Expenses
Ridings Consulting Engineers India Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹1,357.2
31-Mar-15
₹1,427.3
31-Mar-16
₹1,690.1
31-Mar-17
Profit After Tax (PAT)
₹106.9
31-Mar-15
₹52.1
31-Mar-16
₹101.8
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 1690.14 1427.25 1357.20
EBITDA N/A N/A N/A
Profit After Tax (PAT) 101.75 52.09 106.88
Net Worth N/A N/A N/A
Total Assets 2358.79 2252.43 1925.27
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered36,40,000 (100.00%)
Net Offer to Public34,56,000 shares (aggregating up to ₹6.22 Cr)
Reserved for Market Maker1,84,000 shares (aggregating up to ₹0.3312 Cr)
Pre-Issue Promoter Holding88,00,000 shares
Post-Issue Promoter Holding1,24,40,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Check Allotment
Book Running Lead Managers
Swastika Investmart Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ridings Consulting Engineers India Ltd. IPO subscribed?

Ridings Consulting Engineers India Ltd. IPO is subscribed 1.00 times by Mar 16, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Ridings Consulting Engineers India Ltd. IPO retail subscription status?

The Ridings Consulting Engineers India Ltd. IPO retail category is subscribed 1.00 times as of 16 Mar 2018. The retail portion is oversubscribed.

How to subscribe Ridings Consulting Engineers India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Mar 2018 and closes 16 Mar 2018. Min investment: ₹144,000 (1 lot = 8,000 shares). UPI mandate: 2018-03-16.

How many times Ridings Consulting Engineers India Ltd. IPO subscribed?

The Ridings Consulting Engineers India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Ridings Consulting Engineers India Ltd. IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Mar 2018. Refunds: on 23 Mar 2018.

When Ridings Consulting Engineers India Ltd. IPO will be listed?

The Ridings Consulting Engineers India Ltd. IPO listing date is 26 Mar 2018, Monday. Listed on: BSE SME. Issue price: ₹18. Estimated listing: ₹18. GMP: NIL.

When Ridings Consulting Engineers India Ltd. IPO close?

The Ridings Consulting Engineers India Ltd. IPO closes on 16 Mar 2018, Friday. UPI mandate: 2018-03-16. Allotment: 22 Mar 2018. Listing: 26 Mar 2018.