India - Politics, Industrials, IT and Large Caps, EMAlpha

Pankaj Sharma

India - Politics, Industrials, IT and Large Caps

Equity Capital Markets

<h2>Govt to sell 12% stake in <a href="https://www.smartkarma.com/entities/27173" target="_blank" data-smartkarma-citation="entities:27173:1">RITES Ltd (RITE IN)</a> through an IPO</h2><p>In a week, <a href="https://www.smartkarma.com/entities/27173" target="_blank" data-smartkarma-citation="entities:27173:1">RITES Ltd (RITE IN)</a> (previously known as Rail India Technical and Economic Services Limited under the Ministry of Railways) which is an engineering consultancy company will be in the market. RITES is a Govt of India owned enterprise which provides services in the areas of transport infrastructure and related technologies (<a href="https://www.livemint.com/Money/dNqqZHcTMyzlDjSi9WuRlJ/Govt-to-sell-12-stake-in-RITES-through-IPO.html" target="_blank">Source</a>). The company has a long presence in the consultancy projects in these areas.</p><ol><li>The IPO price band…</li></ol>

Govt to sell 12% stake in RITES Ltd (RITE IN) through an IPOIn a week, RITES Ltd (RITE IN) (previously known as Rail India Technical and Economic Services Limited under the Ministry of Railways) which is an engineering consultancy company will be in the market. RITES is a Govt of India owned enterprise which provides services in the areas of transport infrastructure and related technologies (Source). The company has a long presence in the consultancy projects in these areas.The IPO price band…

RITES: Stable Business and Reasonably Valued IPO, but the Five Risks Investors Should Not Ignore

India

RITES Limited provides engineering services. The Company offers transport infrastructure consultancy, railway inspection, rolling stock leasing and maintenance, airport construction management, industrial and electrical engineering, and other related services. RITES serves customers worldwide.

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RITES: Stable Business and Reasonably Valued IPO, but the Five Risks Investors Should Not Ignore

Govt to sell 12% stake in RITES Ltd (RITE IN) through an IPOIn a week, RITES Ltd (RITE IN) (previously known as Rail India Technical and Economic...

Pankaj Sharma