| 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 | 22 Nov 2019 to 25 Nov 2019 |
| /November 22, 2019 for Non Retail Investors and November 25,2019 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 | 2,76,80,654 |
| Base Offer Size – 2,50,00,000 shares and Additional Option to sell upto 26,80,654 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 2,76,80,654. The seller has intimated the Stock Exchanges of its intention to exercise the oversubscription |
| Offer Size for Retail Investors | 55,36,131 |
| Base Offer Size – 50,00,000 shares and Additional Option to sell upto 5,36,131 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 55,36,131. Cut off Price for RIC Bids has been fixed at Rs 293.50 based on the clearing price of Non Retail Bids in RITES Ltd. As per SEBI OFS Guidelines, Retail bids below the Cut-Off price shall not be eligible for allocation. |
| Offer Size for Non Retail Investors | 2,21,44,523 |
| Base Offer Size – 2,00,00,000 shares and Additional Option to sell upto 21,44,523 shares ( Oversubscription Option ). Total Shares (Base Size + Green Shoe) 2,21,44,523 |
| Face Value | 10.00 |
| Floor Price | 293.50 |
| Lot Size | 1 |
| Tick Price | 0.05 |
| ISIN No | INE320J01015 |
| Minimum Bid Quantity | 1 |
| Maximum Bid Quantity | 2,76,80,654 |
| Allocation Methodology | Price Priority |
| Discount to Retail Investors (if any) | 5.00 |
| Retail Investors will be allocated Offer shares at a discount of 5% to the Cut off price in accordance with the SEBI OFS Circulars |
| CUMULATIVE BID QUANTITY |
| T day ( AS ON Nov 22 2019 3:30PM ) |
| Total Cummulative Bidded Qty | Subscription | % of Total |
| Total | 2,21,44,523 | 100.00% |
| 100% Margin | 15,72,275 | 7.10% |
| 0% Margin | 2,05,72,248 | 92.90% |
|
| Non Retail Portion | Subscription | % of Total |
| Total | 2,21,44,523 | 100.00% |
| 100% Margin | 15,72,275 | 7.10% |
| 0% Margin | 2,05,72,248 | 92.90% |
|
| Retail Portion | Subscription | % of Total |
| | |
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| T + 1 day ( AS ON Nov 25 2019 3:30PM ) |
| Total Cummulative Bidded Qty | Subscription | % of Total |
| Total | 28,78,286 | 51.99% |
| 100% Margin | 28,78,286 | 51.99% |
| 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 | 28,78,286 | 51.99% |
|
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| Non Retail Section |
| Indicative Price (Rs.) | 293.76 |
| Clearing Price (Rs.) | 293.50 |
| Clearing Price of Rs 293.50 fixed for Non Retail Bidding in RITES Ltd |
| Retail Section |
| Clearing Price (Rs.) | 293.50 |
| Clearing Price of Rs 293.50 fixed for Retail Bidding in RITES Ltd |
| LTP | 698.15 |
| Seller Members Details | |
| Selling Members | Elara Securities (India) Private Ltd, IDBI Capital Markets & Securities Ltd and SBI Cap Securities Limited |
| Seller Promoter | The President of India,acting through and represented by the Ministry of Railways,Government of India |
| 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 5% 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 |
| 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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