Reetech International Cargo and Courier Ltd IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 82.00

₹ 126000 /1200 Shares

Check Allotment

Reetech International Cargo and Courier IPO Details

27 Sep, 2022

Open Date

29 Sep, 2022

Close Date

04 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date

Issue Price

₹105 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

82.00

Listing Date

2022-10-10

Market Lot

1200 Shares (₹126,000/-)

Lead Manager

Gretex Corporate Services Pvt Ltd

Issue 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)

Retail Portion

N/A

Subscription

1.67 times

IPO Docs

DRHP RHP

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

Reetech International Cargo and Courier Valuations

Earnings Per Share (EPS)

₹11.50/-

P/E Ratio

9.13

RoNW

52.09%

Net Asset Value (NAV) - Post Issue

₹154.51/-

Reetech International Cargo and Courier Company Financials All values are in ₹ Lakh

	30-Mar-22	31-Mar-21	31-Mar-20
Assets	1727.52	877.78	396.17
Revenue	11689.1	1842.41	18.99
Profit After Tax	417.29	30.1	13.98

About The 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 - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 73.62%

Company Promoter(s)

Mr. Mahendra Ahuja
Ms. Roma Ahuja

Reetech International Cargo and Courier IPO - Issue Objectives

Working Capital Requirements
General Corporate Purposes.

Reetech International Cargo and Courier IPO - FAQs

Ans. Reetech International Cargo and Courier Ltd IPO is a SME IPO. The issue is priced at ₹105 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 27, 2022, and closes on Sep 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Reetech International Cargo and Courier Ltd IPO opens on Sep 27, 2022 and closes on Sep 29, 2022.

Ans. The size of Reetech International Cargo and Courier Ltd IPO is 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).

Ans. The IPO price band is set between ₹105 per equity share.

Ans. To apply for Reetech International Cargo and Courier Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Reetech International Cargo and Courier Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Reetech International Cargo and Courier Ltd IPO is Oct 4, 2022.

Ans. The Reetech International Cargo and Courier Ltd IPO will be listed on Oct 10, 2022.

Ans. Follow the steps to check the allotment status for Reetech International Cargo and Courier Ltd IPO here.