Reetech International Cargo and Courier IPO

Reetech International Cargo and Courier is a BSE SME IPO listed on the BSE SME platform, priced at ₹105 per share. The stock debuted at ₹82. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,26,000.

Reetech International Cargo and Courier Ltd IPO

BSE SME Listed
₹1,26,000 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 27, 2022 – Sep 29, 2022
Price band
₹105 per equity share
Minimum Investment
₹1,26,000
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)
Lot size
1200
Allotment Date
Oct 4, 2022
Listing
Oct 10, 2022
Listing At
BSE SME

IPO timeline

  1. Sep 27, 2022

    Open Date

    Completed

  2. Sep 29, 2022

    Close Date

    Completed

  3. Oct 4, 2022

    Allotment Date

    Completed

  4. Oct 10, 2022

    Listing Date

    Completed

Reetech International Cargo and Courier IPO Essentials

Reetech International Cargo and Courier IPO Details

Reetech International Cargo and Courier IPO is priced at ₹105 per share with a total issue size of 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). The IPO has a lot size of 1200 shares and is listed on BSE SME.

Issue price
₹105 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share 
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)
Listing at
BSE SME
List price
82.00
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Gretex Corporate Services Pvt Ltd

Reetech International Cargo and Courier IPO Details

  • Retail Portion N/A

Reetech International Cargo and Courier IPO Documents

Reetech International Cargo and Courier IPO Analytics

Reetech International Cargo and Courier IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Reetech International Cargo and Courier IPO Subscription Status

Reetech International Cargo and Courier IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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

EPS (Post IPO)
₹11.50/-
P/E Ratio
9.13

Returns

RoNW
52.09%

Data sourced from DRHP / RHP • For educational purposes only

Reetech International Cargo and Courier Financials( In Lakhs)

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

Reetech International Cargo and Courier Company & Offer Insights

About Reetech International Cargo and Courier

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)

Mr. Mahendra Ahuja, Ms. Roma Ahuja are the company's promoters of Reetech International Cargo and Courier.

Reetech International Cargo and Courier IPO Issue Objectives

Working Capital Requirements
General Corporate Purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Reetech International Cargo and Courier IPO is a Fixed Priced IPO worth ₹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). The issue price is ₹105 per share (fixed price). The IPO opens on Sep 27, 2022 and closes on Sep 29, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.

The issue price of Reetech International Cargo and Courier IPO is ₹105 per share (fixed price).

The lot size of Reetech International Cargo and Courier IPO is 1200 shares.

The minimum investment for Reetech International Cargo and Courier IPO is approximately ₹1,26,000 based on the issue price .

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

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

Reetech International Cargo and Courier IPO is expected to be listed on Oct 10, 2022, on BSE SME Platform.

Reetech International Cargo and Courier IPO valuation snapshot: P/E 9.13, EPS ₹11.50/-, P/B N/A, RoNW 52.09%, and market cap N/A.

To apply for Reetech International Cargo and Courier IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Reetech International Cargo and Courier IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Reetech International Cargo and Courier IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Reetech International Cargo and Courier IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Reetech International Cargo and Courier IPO allotment status on IPO Ji for quick and easy access.