REVIEW OF RITES IPO

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*REVIEW OF RITES IPO*

Incorporated in 1974, RITES Ltd. is a Government of India Enterprise, under the aegis of Indian Railways. RITES Ltd is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies RITES actively pursues and develops cooperative links with local consultants/firms, as means of maximum utilization of local resources and as an effective instrument of sharing its expertise.

*CLIENTS*

*MAJOR CLIENTS*
1. Indian Railways
2. NTPC
3. Dedicated Freight Corridor Corporation of India Limited
4. High Speed Rail Corporation of India Limited
5. PWD
6. DMRC
7. SAIL
8. HPCL
9. Airport Authority Of India
10. Indian Port Rail Corporation Limited
11. L&T Metro Rail Ltd
Etc

*COMPANY PROMOTER*
The Promoter of the company is the President of India acting through the Ministry Of Railways.

*OBJECTIVE OF ISSUE*
To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

*DEATILS OF IPO*
1. Issue Open:- 20th June 2018 - 22th June 2018
2. Issue Price:- 180-185 Per Equity Share
3. LOT Siza:- 80 Shares

*THE COMPANY IS COMPLETE DEBT FREE COMPANY*

RECOMMEND

*APPLY FOR LONG TERM AND FOR LISTING GAINS*

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