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Ridings Consulting Engineers India Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹18
Issue Price
₹18
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹18
GMP based
Lot Size
8,000
shares / lot
Min Amount
₹144,000
1 lot · 8,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 Mar 2018
Wed Completed
Done
Close Date
16 Mar 2018
Fri Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
26 Mar 2018
Mon Completed
UPI Deadline: 16 Mar 2018
Issue Details
Pricing & Size
Issue Price
₹18 Face ₹10
Lot Size
8,000 shares
Min Investment
₹144,000
Total Issue Size
36,40,000 shares (aggregating up to ₹6.55 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,84,000 (5.05%)
QIB Portion
-
NII / HNI
17,28,000 (47.47%)
Retail
17,28,000 (47.47%)
Employee
-
Net Offer to Public
34,56,000 shares (aggregating up to ₹6.22 Cr)
Shareholding Pattern
Pre-Issue Shareholding
88,00,000 shares
Post-Issue Shareholding
1,24,40,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 8,000 ₹1,44,000
HNI / NII 2 16,000 ₹2,88,000
Objects of Issue
2 objectives
1
1 To Meet Working Capital Requirement
5.00 Cr
2
2 General Corporate Expenses
0.80 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Swastika Investmart Ltd.
Market Maker
Beeline Broking Ltd.
IPO Timeline
Open
14 Mar
✓ Done
Close
16 Mar
✓ Done
Allotment
TBA
Listing
26 Mar
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
virenr@skylinerta.com
Company Contact
Email
info@ridingsindia.com
Phone
+91-120-4694500
Address
Office No. F-24, First Floor Pankaj Grand Plaza Mayur Vihar-I, Delhi, New Delhi, 110091
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹18
Est. Listing
₹18
Lot Size
8,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Ridings Consulting Engineers India Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹18
GMP
+₹0 (+0%)
GMP Est. Listing
₹18
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 17,28,000 (47.47%) ₹311.04 Cr
Retail Investors 17,28,000 (47.47%) ₹311.04 Cr
Total ** 36,40,000 (100.00%) ₹6,552.00 Cr
Market Maker * 1,84,000 (5.05%) ₹3.31 Cr
* Based on ₹18.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
17,28,000 (47.47%)
Retail
17,28,000 (47.47%)
Market Maker
1,84,000 (5.05%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1731-Mar-1631-Mar-15
Revenue1690.141427.251357.20
PAT101.7552.09106.88
EBITDA
Net Worth
Total Assets2358.792252.431925.27
Reserves
Borrowings
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.

Frequently Asked Questions
What is the issue price of Ridings Consulting Engineers India Ltd. IPO?
The issue price of Ridings Consulting Engineers India Ltd. IPO is ₹18 per share, face value ₹10.
What is the lot size?
Minimum lot size is 8,000 shares, requiring ₹144,000.
What are the IPO dates?
Opens 14 Mar 2018, closes 16 Mar 2018.
When is the listing date?
Tentative listing: 26 Mar 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹18 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Ridings Consulting Engineers India Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
26 Mar 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹18
Face ₹10
Lot Size
8,000
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹18
GMP +₹0
Key Dates
Open
14 Mar Done
Close
16 Mar Done
Listing
26 Mar Done
Registrar
Skyline Financial Services Pvt.Ltd.
A
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