| BSE Bid Details - Non Retail (T) |
| BSE Bid Details -Non Retail (T+1) | BSE Bid Details - Retail (T+1) |
| Security Type | OFS |
| Symbol | RITES |
| Issue Period | 27 Feb 2020 to 28 Feb 2020 |
| /February 27th, 2020 for Non Retail Investors and February 28th, 2020 for Retail Investors and Non Retail Investors who choose to carry forward their bids |
| StartTime | 09:15 |
| EndTime | 15:30 |
| Offer Size – No. of Shares | 1,64,99,852 |
| Base Offer Size – 1,25,00,000 shares and Additional Option to sell upto 39,99,852 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 1,64,99,852.The seller has intimated the Stock Exchanges of its intention to exercise the oversubscription |
| Offer Size for Retail Investors | 32,99,971 |
| Base Offer Size – 25,00,000 shares and Additional Option to sell upto 7,99,971 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 32,99,971.As per SEBI OFS Guidelines, Retail bids below the Cut-Off price shall not be eligible for allocation.Cut off Price for RIC Bids has been fixed at Rs 298.00 based on the clearing price of Non Retail Bids in RITES Ltd. |
| Offer Size for Non Retail Investors | 1,31,99,881 |
| Base Offer Size – 1,00,00,000 shares and Additional Option to sell upto 31,99,881 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 1,31,99,881. |
| Face Value | 10.00 |
| Floor Price | 298.00 |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE320J01015 |
| Minimum Bid Quantity | 1 |
| Allocation Methodology | Price Priority |
| Discount to Retail Investors (if any) | 8.00 |
| Retail Investors will be allocated Offers Shares at a discount of Rs 8.00 to the Cut off Price in accordance with the SEBI OFS Circulars |
| CUMULATIVE BID QUANTITY |
| T day ( AS ON Feb 27 2020 3:30PM ) |
| Total Cummulative Bidded Qty | Subscription | % of Total |
| Total | 1,31,99,881 | 100.00% |
| 100% Margin | 33,06,124 | 25.05% |
| 0% Margin | 98,93,757 | 74.95% |
|
| Non Retail Portion | Subscription | % of Total |
| Total | 1,31,99,881 | 100.00% |
| 100% Margin | 33,06,124 | 25.05% |
| 0% Margin | 98,93,757 | 74.95% |
|
| Retail Portion | Subscription | % of Total |
| | |
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| T + 1 day ( AS ON Feb 28 2020 3:30PM ) |
| Total Cummulative Bidded Qty | Subscription | % of Total |
| Total | 2,18,193 | 6.61% |
| 100% Margin | 2,18,193 | 6.61% |
| 0% Margin | | 0.00% |
|
| Non Retail Portion | Subscription | % of Total |
| Total | | 0.00% |
| 100% Margin | | 0.00% |
| 0% Margin | | 0.00% |
|
| Retail Portion | Subscription | % of Total |
| 100% Margin | 2,18,193 | 6.61% |
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| Non Retail Section |
| Indicative Price (Rs.) | 298.00 |
| Clearing Price (Rs.) | 298.00 |
| Clearing Price of Rs 298.00 fixed for Non Retail Bidding in RITES Ltd |
| Retail Section |
| Clearing Price (Rs.) | 298.00 |
| Clearing Price of Rs 298.00 fixed for Retail Bidding in RITES Ltd |
| LTP | 674.25 |
| Further up to 5% of the Equity Shares sold pursuant to the Offer (over and above the Offer Shares) may be offered to eligible and willing employees of the Company at a discount of up to Rs 8/- to the Cut-off Price in the Retail Category of the Offer subsequent to completion of the Offer, in terms of SEBI circular CIR/MRD/DP/65/2017 dated June 27, 2017. The employees will be eligible to apply for Equity Shares upto Rs. 2,00,000 |
| Seller Promoter | The President of India,acting through and represented by the Ministry of Railways,Government of India |
| Exchange Notices | 1) Opening of Offer for Sale for RITES Limited
2) Opening of Offer for Sale for RITES LTD- Live Activities Schedule
3) Offer for Sale for RITES Limited
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