Reetech International Cargo and Courier
BSE SME₹126,000 / 1200 Shares
Reetech International Cargo and Courier IPO Details
The Reetech International Cargo and Courier IPO price band is set between ₹105 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 27 Sep, 2022 and closes on 29 Sep, 2022. Investors can check the allotment status on 4 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 1,114,800 shares of ₹10 , aggregating up to ₹11.71 Cr. Stay tuned for the latest Reetech International Cargo and Courier IPO review and GMP updates.
Reetech International Cargo and Courier IPO Review, Rating & Analysis
Reetech International Cargo and Courier IPO Review
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Reetech International Cargo and Courier IPO Highlights
IPO Date
Sep 27, 2022 - Sep 29, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹105 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Reetech International Cargo and Courier IPO Lot Size
The minimum market lot for Reetech International Cargo and Courier IPO is 1200 shares with an application amount of ₹1,26,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,26,000 |
| Retail (Max) | 1 | 1200 | ₹1,26,000 |
| S-HNI (Min) | 2 | 2400 | ₹2,52,000 |
| S-HNI (Max) | 7 | 8400 | ₹8,82,000 |
| B-HNI (Min) | 8 | 9600 | ₹10,08,000 |
Reetech International Cargo and Courier IPO Timeline
Issue Price
₹105 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Gretex Corporate Services Pvt LtdIssue Size
1,114,800 shares of ₹10 (aggregating up to ₹11.71 Cr)#Fresh Issue: 597,600 shares of ₹10 (aggregating up to ₹6.27 Cr)#Offer for Sale: 517,200 shares of ₹10 (aggregating up to ₹5.43 Cr)Reetech International Cargo and Courier IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 1727.52 | 11689.1 | 417.29 | - | - | - |
| 31 Mar 21 | 877.78 | 1842.41 | 30.1 | - | - | - |
| 31 Mar 20 | 396.17 | 18.99 | 13.98 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Mahendra Ahuja
- Ms. Roma Ahuja
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 73.62% |
About Company
Reetech International Cargo and Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins.
The company supply the products to customers in various sectors i.e., Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.
Initially the Company was engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal Processing and Agriculture Products.
Reetech International Cargo and Courier IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 529,200 | 529,200 | 1,058,400 |
Day 1 -27-09-22 06:00 PM | 0.02 x | 0.20 x | 0.11 x |
Day 2 -28-09-22 06:00 PM | 0.13 x | 0.39 x | 0.26 x |
Day 3 -29-09-22 06:00 PM | 1.43 x | 1.92 x | 1.67 x |
Frequently Asked Questions about Reetech International Cargo and Courier IPO
When will Reetech International Cargo and Courier IPO open for subscription?
The Reetech International Cargo and Courier IPO opens on 27 Sep, 2022 and closes on 29 Sep, 2022.
What is the investors portion for Reetech International Cargo and Courier IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 529200.
How to apply for Reetech International Cargo and Courier IPO?
You can apply for Reetech International Cargo and Courier IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Reetech International Cargo and Courier IPO?
The issue size of Reetech International Cargo and Courier IPO is approx ₹1,114,800 shares of ₹10 (aggregating up to ₹11.71 Cr)#Fresh Issue: 597,600 shares of ₹10 (aggregating up to ₹6.27 Cr)#Offer for Sale: 517,200 shares of ₹10 (aggregating up to ₹5.43 Cr) crores.
What is the price band of Reetech International Cargo and Courier IPO?
The price band for Reetech International Cargo and Courier IPO is ₹105 per equity share to ₹undefined.
What is the lot size of Reetech International Cargo and Courier IPO?
The minimum bid (lot size) for Reetech International Cargo and Courier IPO is N/A shares with an investment of approx ₹126,000 .
What is the allotment date of Reetech International Cargo and Courier IPO?
The allotment date for Reetech International Cargo and Courier IPO is 4 Oct, 2022.
What is the listing date of Reetech International Cargo and Courier IPO?
The listing date for Reetech International Cargo and Courier IPO is expected to be 10 Oct, 2022.
What is the GMP of Reetech International Cargo and Courier IPO?
The latest Grey Market Premium (GMP) for Reetech International Cargo and Courier IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.