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Ritco Logistics Limited IPO
BSE SMERs 1,16,800 / 1600 Shares
Ritco Logistics Limited IPO Details
The Ritco Logistics Limited IPO price band is set between Rs 71/- to Rs 73/- Per Equity Share, with a face value of Rs 10/- per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 28 Jan, 2019 and closes on 30 Jan, 2019. Investors can check the allotment status on 5 Feb, 2019, while the listing date is tentatively scheduled for 7 Feb, 2019.
The total issue size is Total issue of 66,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 48.18 Cr> Fresh issue of 50,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 36.50 Cr> Offer for Sal, aggregating up to . Stay tuned for the latest Ritco Logistics Limited IPO review and GMP updates.
Ritco Logistics Limited IPO Review, Rating & Analysis
Ritco Logistics Limited IPO Review
NO REVIEWRitco Logistics Limited IPO Rating
Ritco Logistics Limited IPO Highlights
IPO Date
Jan 28, 2019 - Jan 30, 2019
Listing Date
7 Feb, 2019
Face Value
Rs 10/- Per Equity Share
Price Band
Rs 71/- to Rs 73/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Ritco Logistics Limited IPO Lot Size
The minimum market lot for Ritco Logistics Limited IPO is 1600 shares with an application amount of ₹1,16,800. 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 | 1600 | ₹1,16,800 |
| Retail (Max) | 1 | 1600 | ₹1,16,800 |
| S-HNI (Min) | 2 | 3200 | ₹2,33,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,34,400 |
| B-HNI (Min) | 9 | 14400 | ₹10,51,200 |
Ritco Logistics Limited IPO Timeline
Issue Price
Rs 71/- to Rs 73/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LimitedLead Manager
Pantomath Capital Advisors Private LimitedIssue Size
Total issue of 66,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 48.18 Cr> Fresh issue of 50,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 36.50 Cr> Offer for SalPromoters & Share Holding
Promoter(s) Name
- Mr. Sanjeev Kumar Elwadhi
- Mr. Man Mohan Pal Singh Chadha
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Ritco Logistics Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 31,32,800 | 31,32,800 | 62,65,600 |
Day 1 -28-01-19 | 23,82,400 0.76 x | 2,04,800 0.07 x | 25,87,200 0.41 x |
Day 2 -29-01-19 | 33,07,200 1.06 x | 7,32,800 0.23 x | 40,40,000 0.64 x |
Day 3 -30-01-19 | 57,10,400 1.82 x | 30,06,400 0.96 x | 87,16,800 1.39 x |
Frequently Asked Questions about Ritco Logistics Limited IPO IPO
When will Ritco Logistics Limited IPO open for subscription?
The Ritco Logistics Limited IPO opens on 28 Jan, 2019 and closes on 30 Jan, 2019.
What is the investors portion for Ritco Logistics Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3132800.
How to apply for Ritco Logistics Limited IPO?
You can apply for Ritco Logistics Limited 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 Ritco Logistics Limited IPO?
The issue size of Ritco Logistics Limited IPO is approx ₹Total issue of 66,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 48.18 Cr> Fresh issue of 50,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 36.50 Cr> Offer for Sal crores.
What is the price band of Ritco Logistics Limited IPO?
The price band for Ritco Logistics Limited IPO is Rs 71/ to ₹ to Rs 73/.
What is the lot size of Ritco Logistics Limited IPO?
The minimum bid (lot size) for Ritco Logistics Limited IPO is 1600 shares with an investment of approx Rs 1,16,800 .
What is the allotment date of Ritco Logistics Limited IPO?
The allotment date for Ritco Logistics Limited IPO is 5 Feb, 2019.
What is the listing date of Ritco Logistics Limited IPO?
The listing date for Ritco Logistics Limited IPO is expected to be 7 Feb, 2019.
What is the GMP of Ritco Logistics Limited IPO?
The latest Grey Market Premium (GMP) for Ritco Logistics Limited 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.