IFLR1000

RITES IPO

17/1/2018
IPO
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Re 6 billion

$ 94.5 million

Announced

17/1/2018

Overview:

  • RITES has filed for an IPO.
  • The company will issue 24 million equity shares with each share valued at Re10 per share.
  • The offer is intended to raise Re6 billion.

Sam Duke

Jurisdiction:

India

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Transport

Firms:
DSK Legal

Party: RITES (Issuer)

JSA

Party: IDFC Bank (Manager)

Party: SBI Capital Markets (Manager)

Party: Elara Capital (Manager)

Party: IDBI Capital Markets & Securities (Manager)

Lawyer: Rohitashwa Prasad

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