The Kolkata-based company launched its Rs 17.07-crore IPO on September 8, comprising only a fresh issue of 74.22 lakh equity shares which included a reservation of 3.72 lakh shares for the market maker. The remaining 70.5 lakh shares, the net issue, were divided equally amongst retail investors and HNIs, which comes to 35.25 lakh shares each.
RITES shares rally over 12% as stock trades ex-dividend, ex-bonus
RITES Share Price: The company announced a final dividend of Rs 5 per share and a 1:1 bonus share issue earlier in July for its