:::LALKAR GROUP::::

Rites Ltd

Registered Office: Scope Minar Core-I,Laxmi Nagar, New Delhi - 110092, New Delhi, India.
Phone : 91-011-23354800/22024610 Fax:91-011-22024660
Email : cs@rites.com
Website : www.ritesltd.com

Initial public offering of 25,200,000 equity shares of face value of Rs.10 each ("equity shares") of Rites limited (the "company" or the "issuer") through an offer for Sale by the president of india, acting through the ministry of railways, government of india (the "selling shareholder"), for cash at a price of Rs.185 * per Equity share (including a premium of Rs.175 (the "offer price"), aggregating to Rs.460.51 Crores (the "offer"). Subject to receipt of necessary approvals from the Government of india ("goi"), upto 1,200,000 equity shares may be reserved for eligible employees (defined below) (the "employee reservation portion"). The offer less employee reservation portion (if any) is referred to as the net offer. The offer will comprise of a net offer of 24,000,000 equity shares and the employee reservation portion of 1,200,000 equity shares. The offer and net offer shall constitute 12.60% and 12% of the post-offer paid-up equity share capital of the Company respectively. A Discount of Rs. 6 per equity share on the offer price may be offered to Retail Individual Bidders ("Retail Discount") of Rs. 6 per equity share on the offer price may be offered to eligible employees bidding in the employee reservation portion ("Employee Discount). Price band: The offer price is Rs.185 per equity share is 18.5 times of the face value. Retail Discount and employee discount Rs.6 per equity share on Offer Price.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
20-Jun-18	22-Jun-18	185.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 80 Further Multiples of : 80

	(Rs)	Lead Managers to the Issue
Project Cost	0.00	Elara Capital (India) Pvt Ltd
Project Financed through Current Offer	460.51
Post Issue Equity Share Capital	200.00
Issue Price	185.00

Projects

To Carry out the Disinvestment of 24,000,0000 shares held by the selling shareholders of the company

Listing the Equity shares on the Stock Exchanges

Promoted By

The President of India

Listing At

BSE

NSE

Registrar to the Issue

No Data Available