Ritco Logistics Limited IPO

BSE SME

Offer Date: Jan 28, 2019 - Jan 30, 2019

₹ 113600 /1600 Shares

IPO Details

28 Jan, 2019

Open Date

30 Jan, 2019

Close Date

05 Feb, 2019

Allotment Date

07 Feb, 2019

Listing Date

Issue Price

Rs 71/- to Rs 73/- Per Equity Share

Face Value

Rs 10/- Per Equity Share

Listing at Group

BSE SME

Registrar

Link Intime India Private Limited

Market Lot

1600 Shares (Rs 1,16,800/-)

Lead Manager

Pantomath Capital Advisors Private Limited

Issue 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 Sale of 16,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 11.68 Cr

Retail Portion

N/A

Subscription

87,16,800 1.39 times

IPO Docs

No related IPO documents available.

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

Valuations

Earnings Per Share (EPS)

Rs 4.20/-

P/E Ratio

17.38

RoNW

21.44%

Net Asset Value (NAV as on 30.09.18)

Rs 27.81/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Salebhai Internet Limited	5.56	NA	- (172.01)%	0.46
Infibeam Incorporation Limited	4.25	129.69	3.27%	836.72

- Promoter(s)

Company Promoter(s)

Mr. Sanjeev Kumar Elwadhi
Mr. Man Mohan Pal Singh Chadha

IPO - Issue Objectives

Offer for Sale ( Rs 11.68 Cr )Company will not receive any proceeds from the Offer for Sale.
Fresh Issue ( Rs 36.50 Cr )(a) Warehouse development. ( Rs [ . ] Cr )(b) Technology upgradation / development of Digital Platform. ( Rs [ . ] Cr )(c) Fleet Centre Upgradation / development. ( Rs [ . ] Cr )(c) Funding the working capital requirements of the Company. ( Rs [ . ] Cr )(c) General Corporate Purposes. ( Rs [ . ] Cr )

IPO - FAQs

Ans. Ritco Logistics Limited IPO is a SME IPO. The issue is priced at Rs 71/- to Rs 73/- Per Equity Share . The minimum order quantity is 1600 Shares. The IPO opens on Jan 28, 2019, and closes on Jan 30, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Ritco Logistics Limited IPO opens on Jan 28, 2019 and closes on Jan 30, 2019.

Ans. The size of Ritco Logistics Limited IPO 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 Sale of 16,00,000 Equity Shares of Rs 10/- at a price of Rs 71/- to Rs 73/- per share aggregating to Rs 11.68 Cr.

Ans. The IPO price band is set between Rs 71/- to Rs 73/- Per Equity Share .

Ans. To apply for Ritco Logistics Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ritco Logistics Limited 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 Ritco Logistics Limited IPO is Feb 5, 2019.

Ans. The Ritco Logistics Limited IPO will be listed on Feb 7, 2019.

Ans. Follow the steps to check the allotment status for Ritco Logistics Limited IPO here.