Ritco Logistics Limited IPO
Ritco Logistics Limited is a BSE SME IPO is priced at ₹73–₹71 per share with an issue size of 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. The IPO opens on Jan 28, 2019 and closes on Jan 30, 2019, with a lot size of 1600 shares and a minimum investment of ₹1,13,600.
Ritco Logistics Limited IPO
- IPO Dates
- Jan 28, 2019 – Jan 30, 2019
- Price band
- ₹73 - 71 per equity share
- Minimum Investment
- ₹1,13,600
- 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
- Lot size
- 1600
- Allotment Date
- Feb 5, 2019
- Listing
- Feb 7, 2019
- Listing At
- BSE SME
IPO timeline
-
Jan 28, 2019
Open Date
Completed
-
Jan 30, 2019
Close Date
Completed
-
Feb 5, 2019
Allotment Date
Completed
-
Feb 7, 2019
Listing Date
Completed
Ritco Logistics Limited IPO Essentials
Ritco Logistics Limited IPO Details
Ritco Logistics Limited IPO is priced at ₹73 - 71 per share with a total issue size of 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. The IPO has a lot size of 1600 shares and will be listed on BSE SME.
- Issue price
- Rs 71/- to Rs 73/- Per Equity Share
- Lot size
- 1600 shares
- Face value
- Rs 10/- Per Equity Share
- 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
- Listing at
- BSE SME
- List price
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Pantomath Capital Advisors Private Limited
Ritco Logistics Limited IPO Details
- Retail Portion N/A
Ritco Logistics Limited IPO Analytics
Ritco Logistics Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ritco Logistics Limited IPO Subscription Status
Ritco Logistics Limited 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 | 31,32,800 | 31,32,800 | 62,65,600 |
|
Day 1 - 28-01-19
|
23,82,400 (0.76) x | 0.07 x | 0.41 x |
|
Day 2 - 29-01-19
|
33,07,200 (1.06) x | 0.23 x | 0.64 x |
|
Day 3 - 30-01-19
|
57,10,400 (1.82) x | 0.96 x | 1.39 x |
Ritco Logistics Limited Valuations
Earnings
- EPS (Post IPO)
- Rs 4.20/-
- P/E Ratio
- 17.38
Returns
- RoNW
- 21.44%
Ritco Logistics Limited Company & Offer Insights
Ritco Logistics Limited 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 )
Ritco Logistics Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Salebhai Internet Limited | 5.56 | NA | - (172.01)% | 0.46 |
| Infibeam Incorporation Limited | 4.25 | 129.69 | 3.27% | 836.72 |
Contact Information
Frequently Asked Questions
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Ritco Logistics Limited IPO is a book-built IPO worth ₹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. The price band is ₹73–₹71 per share. The IPO opens on Jan 28, 2019 and closes on Jan 30, 2019. It will be listed on BSE SME Platform. Link Intime India Private Limited is the registrar.
The price band of Ritco Logistics Limited IPO is ₹73 to ₹71 per share.
The lot size of Ritco Logistics Limited IPO is 1600 shares.
The minimum investment for Ritco Logistics Limited IPO is approximately ₹1,13,600 based on the upper price band .
Ritco Logistics Limited IPO opens on Jan 28, 2019 and closes on Jan 30, 2019.
The allotment date of Ritco Logistics Limited IPO is Feb 5, 2019.
Ritco Logistics Limited IPO is expected to be listed on Feb 7, 2019, on BSE SME Platform.
Ritco Logistics Limited IPO valuation snapshot: P/E 17.38, EPS Rs 4.20/-, P/B N/A, RoNW 21.44%, and market cap N/A.
To apply for Ritco Logistics Limited 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 Ritco Logistics Limited 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 Ritco Logistics Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ritco Logistics Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ritco Logistics Limited IPO allotment status on IPO Ji for quick and easy access.