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Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) Details

Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) Details:

Ridings Consulting Engineers India Ltd was founded in 1995 to serve the growing needs for high-quality geospatial data generation & GIS solutions for the various Industries.

It is providing an entire range of services in the field of Underground Survey by Ground Penetrating Radar (GPR), Geospatial data creation using Remote Sensing & Satellite image and Topographical Surveying, Nationally & Internationally.

It has started its Middle East operations few years back and has established itself on sound footing in Bahrain and is engaged in spreading its wings in other countries of Middle East like Oman, KSA and North & East region in Africa.

Objects of the Issue:

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. To Meet Working Capital Requirement.
  2. General Corporate Purpose.
  3. To Meet the Issue Expenses.
Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) Details:
  1. Issue Open: March 14, 2018 – March 16, 2018
  2. Issue Type: Fixed Price Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 3,640,000 Equity Shares of Rs 10 aggregating up to Rs 6.22 Cr
  5. Issue Price: Rs 18 Per Equity Share
  6. Market Lot: 8000 Shares
  7. Minimum Order Quantity: 8000 Shares
  8. Listing At: BSE SME

* To Be Updated

Book Running Lead Manager:

SWASTIKA INVESTMART LIMITED
305, Madhuban Building, Cochin Street,
S.B.S. Road, Fort, Mumbai, Maharashtra – 400 001.
Tel No.:+91–22–2265 5565 Fax No.:+91–22–664 4300
Email: merchantbanking@swastika.co.in
Investor Grievance Email: investorgreivance@swastika.co.in

REGISTRAR TO THE ISSUE:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020
Tel No.:+91 11 64732681-88 Fax No.:+91 11 26812682
Email: virenr@skylinerta.com;
Investor Grievance Email: grievances@skylinerta.com

Draft Red Herring Prospectus (DRHP) Of Ridings Consulting Engineers India Ltd IPO (RCEIL IPO):

Ridings Consulting Engineers India Ltd (RCEIL) IPO Prospectus

Red Herring Prospectus (RHP) Of Ridings Consulting Engineers India Ltd IPO (RCEIL IPO):

Ridings Consulting Engineers India Ltd (RCEIL) IPO Prospectus

Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) Grey Market Premium (GMP):

Grey Market Premium (GMP) of Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) is not active as of now.

How To Check Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) Allotment Status:

To Check Ridings Consulting Engineers India Ltd (RCEIL) IPO Allotment Status : Click Here

  1. Select Ridings Consulting Engineers India Ltd IPO (RCEIL IPO) from the first drop Down Menu.
  2. Provide your PAN Number.

Market Update:

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