Ridings Consulting Engineers India Limited IPO

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Our Company is engaged in 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. We also 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 utilities etc. in India, Bahrain and other Gulf countries. Our Company is an ISO 9001:2015 certified company for providing training and services in the field of Topographical Ground Survey, Cartography, Digitization, Data Base, Software Development/Customization, GIS, Development, all type of Engineering, Survey/design and Remote sensing and Digital Photogrammetry Applications. Ridings consists of a team which provides professional services that are customized to make our principals’ businesses a success in India as well as out of India. We work as a team with our principals and our clients to create positive and everlasting business relationships.

Ridings Consulting Engineers India Limited IPO Stock Quote & Charts



  • Open: 15.25
  • High - Low: 15.25 - 15.25
  • Previous Close: 15.50
  • Total Traded Volume: 40000
  • Updated On: 01-Jan-2020

Objects of the Ridings Consulting Engineers India Limited IPO:

1. To Meet Working Capital Requirement 2. General Corporate Purpose 3. To Meet the Issue Expenses

Ridings Consulting Engineers India Limited IPO Details:

Open Date: Mar 14 2018
Close Date: Mar 16 2018
Total Shares: 36,40,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 6.5520 Cr.
Lot Size: 8000 Shares
Issue Price: ₹ 18 Per Equity Share
Listing At: BSE SME
Listing Date: Mar 26 2018

Promoters And Management:

Mr. Sain Ditta Baveja Mr. Sudhir Kumar Baveja

Lead Manager of Ridings Consulting Engineers India Limited IPO:

  1. Swastika Investmart Limited

Registrar of Ridings Consulting Engineers India Limited IPO:

  1. Skyline Financial Services Private Ltd

Company Address:

Premises No. 429-430, Block-II, 2nd Floor, Ganga Shopping Complex, Sector-29, Noida - 201303, Uttar Pradesh, India Phone No. 91 120 4694500 Fax No. +91 120 2450429 E-mail: info@ridingsindia.com Website: www.ridingsindia.com

Bid Details of Ridings Consulting Engineers India Limited IPO as on
16 Mar 2018 | 11:03:10 PM

Category No.of shares offered No. of shares bid
1,820,000 1,400,000
1,820,000 3,160,000
- -
3,640,000 4,560,000
QIBs+HNIs Subscription 0.77X
Retail Subscription 1.74X
Total Subscription 1.25X

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