RITES Limited

CLOSED

OFS · IPO Guide

Floor Price
₹298
Lot Size
1Shares
Min. Investment
₹298
Subscription
1.32x
Expert Rating
Neutral

For RITES Limited, it has shown continuous growth and good dividend yields. At CMP, its fairly priced and difference of CMP and floor price is around 2% for retail (as Rs 8 discount is given to RII). So, we suggest NEUTRAL for this OFS.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

50 Comments
  • A
    aaved 04 Apr 2022, 00:58
    iska kya kre guruji?
  • D
    dev 06 Jan 2020, 11:05
    what is the live price of Gic
  • K
    Kamesh 15 Aug 2019, 07:46
    okay and thank you very much for responding on this.
  • I
    IPO Guru 23 Jan 2019, 14:45
    if you already have, then hold it but no new investment.
  • I
    IPO Guru 23 Jan 2019, 14:45
    for this specific stock, we had very good opinion, but it's not performing at all, so it will be more better to go for alternative stocks like ICICI Lombard or HDFC Life.
  • K
    Kamesh 22 Jan 2019, 22:51
    IPO Guru First of All thanks for your responses on Above questions. Can we hold it for Long term. please suggest your opinion to me and can we start accumulate now, Guide me.
  • C
    Chirag 17 Dec 2018, 00:17
    Guruji, When this stock will touch IPO Price...? Tell Something about the future of GIC...
  • A
    abhishek 10 Aug 2018, 10:59
    IPO guru,how about graphite India??
  • N
    nisha 10 Aug 2018, 10:45
    I also have in my 3 account so what to do please say hold it or sell
  • C
    Chirag 02 Aug 2018, 10:43
    ok. will do and again come to you soon. thanks
  • I
    IPO Guru 02 Aug 2018, 10:33
    that's strange, check with broker if others have got the dividend or still pending. As in our case both bandhan bank and gicre dividend credited to account.
  • C
    Chirag 02 Aug 2018, 10:24
    till date i haven't received.
  • I
    IPO Guru 02 Aug 2018, 10:22
    sorry its July but it has been credited
  • C
    Chirag 02 Aug 2018, 10:20
    ex dividend date is 12 july
  • C
    Chirag 02 Aug 2018, 10:19
    may?
  • I
    IPO Guru 02 Aug 2018, 10:18
    @chirag, dividend must be credited in may itself. it was before bonus
  • C
    Chirag 02 Aug 2018, 00:39
    IPO Guru: Any news for dividend payment...? and is dividend will pay after adding bonus share counting or earlier number of shares...?
  • I
    IPO Guru 18 Jul 2018, 18:26
    bonus shares credited in demat account.
  • C
    Chirag Bhimani 18 Jul 2018, 15:58
    should hold or sell...please suggest...holding from ipo...
  • M
    Mitesh 18 Jul 2018, 09:59
    thanks mayank bhai me check krta hu
  • M
    Mayank patel 18 Jul 2018, 09:59
    ha
  • M
    Mitesh 18 Jul 2018, 09:58
    dmate account me
  • M
    Mitesh 18 Jul 2018, 09:58
    mtlab
  • M
    Mayank patel 18 Jul 2018, 09:57
    ha to uske liye Normal login kro site pe Jake not app login
  • M
    Mayank patel 18 Jul 2018, 09:56
    vo log allowance krege tb hoga
  • M
    Mitesh 18 Jul 2018, 09:56
    mujhe to show bhi nahi ho raha
  • M
    Mayank patel 18 Jul 2018, 09:56
    sale nai kr skta abhi
  • M
    Mayank patel 18 Jul 2018, 09:56
    mere ko 25 bonus sare mila but show nai kr rha abhi
  • M
    Mitesh 18 Jul 2018, 09:54
    any one received bonus share and dividend. guru when all are refelect in account. please reply guru
  • A
    aaved 12 Jul 2018, 13:30
    ab kya karna chahiye?
  • M
    Mayank patel 12 Jul 2018, 11:41
    ohk
  • I
    IPO Guru 12 Jul 2018, 11:40
    company issued bonus shares so priced is reduced to half.
  • M
    Mitesh 12 Jul 2018, 11:29
    thanks guru
  • A
    aaved 12 Jul 2018, 11:28
    IPO guru ye kis type ki horrible fall hai?
  • I
    IPO Guru 12 Jul 2018, 11:22
    14th July is date and company has given dividend of Rs 13.5 also
  • M
    Mitesh 12 Jul 2018, 10:11
    bonus share account me kab tak effect hote hai.
  • A
    abhishek 12 Jul 2018, 09:42
    IPO guru,isme suddenly 50% fall??? what is the reason???
  • M
    Mayank patel 12 Jul 2018, 09:32
    370 pe aa hya aj to
  • M
    Mayank patel 12 Jul 2018, 09:32
    up ayega ye
  • M
    Mayank patel 12 Jul 2018, 09:32
    bahut loss me ja rha he
  • M
    Mayank patel 12 Jul 2018, 09:32
    iska kya kre
  • M
    madhusudan 21 Jun 2018, 14:34
    chutia
  • K
    kapil 21 Jun 2018, 12:41
    Hello sir can I hold or sell gic
  • M
    Mitesh 13 Jun 2018, 14:43
    ok thank you
  • I
    IPO Guru 13 Jun 2018, 14:42
    you may go with other stocks like HDFC LIFE or ICICI Lombard, they have more scope for upwards movement in short to medium term.
  • M
    Mitesh 12 Jun 2018, 15:51
    can we buy at this rate I am holding from ipo please reply
  • I
    IPO Guru 22 Mar 2018, 13:00
    this is wrong time to sell, hold for at least 6 months
  • A
    aaved 22 Mar 2018, 10:40
    abhi bhi hold kare ya sell karde?
  • I
    IPO Guru. 02 Feb 2018, 11:07
    if view is 7-10 days you may sell but for long term one can remain invested.
  • R
    rajat. 02 Feb 2018, 11:04
    kya karna chaiyeh

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