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Open
14 Mar 2018
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Close
16 Mar 2018
3
Allotment
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Listing
Mon, Mar 26, 2018
Price Band
₹18 per share
Issue Size
36,40,000 shares (agg. up to ₹7 Cr)
Lot Size
8,000 Shares
Listing Date
Mon, Mar 26, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.25x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 24.96 | 23.59 | 22.52 | 19.25 |
| Total Income | 6.23 | 16.90 | 14.27 | 13.57 |
| Profit After Tax | 0.45 | 1.02 | 0.52 | 1.07 |
| NET Worth | 9.75 | 8.85 | 8.03 | 7.01 |
| Reserves and Surplus | 7.75 | 6.85 | 6.03 | 5.51 |
| Total Borrowing | 8.05 | 6.68 | 6.16 | 5.97 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Lex Nimble Solutions Ltd. | SME | ₹6.34 Cr | ₹57 | null | ₹55.35 | -2.89% | ₹83.16 (+0.00%) |
| CRP Risk Management Ltd. | SME | ₹30.82 Cr | ₹60 | null | ₹49.70 | -17.17% | ₹6.18 (+4.92%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 5.00 |
| 2 | General Corporate Expenses | 0.80 |
About Ridings Consulting Engineers IPO
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 ut
Contact Details
Ridings Consulting Engineers India Ltd. AddressOffice No.F-24, First FloorPankaj Grand PlazaMayur Vihar-IDelhi, New Delhi, 110091+91-120-4694500info@ridingsindia.comVisit Website