IPO

Reetech International Cargo and Courier Ltd IPO

BSE SME

Listed On: Oct 10, 2022 at ₹ 82.00

₹ 252000 /2400 Shares
*Min Investment

Check Allotment

27 Sep, 2022

Open Date

29 Sep, 2022

Close Date

04 Oct, 2022

Allotment Date

10 Oct, 2022

Listing Date
Reetech International Cargo and Courier IPO Issue Details
  • Issue Price ₹105 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 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 2022-10-10
  • Lead Manager Gretex Corporate Services Pvt Ltd
  • Registrar Bigshare 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 Details


Reetech International Cargo and Courier Ltd IPO is an SME IPO, priced at ₹105 per equity share. The equity shares have a face value of ₹10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 27, 2022 to Sep 29, 2022. The allotment is expected to be finalized on Oct 4, 2022, and the tentative listing date is Oct 10, 2022.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Reetech International Cargo and Courier IPO Subscription Analysis And Details
Retail
1.92x
Total
1.67x
As onQIB / NIIRetailTotal
Shares Offered / Reserved529,200529,2001,058,400
Day 1 27-09-22 06:00 PM
0.02 x0.20 x0.11 x
Day 2 28-09-22 06:00 PM
0.13 x0.39 x0.26 x
Day 3 29-09-22 06:00 PM
1.43 x1.92 x1.67 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
In Lakhs
In Lakh
30-Mar-2231-Mar-2131-Mar-20
Assets1727.52877.78396.17
Revenue11689.11842.4118.99
Profit After Tax417.2930.113.98
About Reetech International Cargo and Courier 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.

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Reetech International Cargo and Courier - Promoter(s)

Mr. Mahendra Ahuja

Ms. Roma Ahuja

Pre Issue Share Holding : 99.99%

Post Issue Share Holding : 73.62%

Reetech International Cargo and Courier IPO - Issue Objectives
1

Working Capital Requirements

2

General Corporate Purposes.