Ritco Logistics Limited IPO
BSE SME₹ 227200 /3200 Shares
*Min Investment
28 Jan, 2019
Open Date30 Jan, 2019
Close Date05 Feb, 2019
Allotment Date07 Feb, 2019
Listing DateIPO Issue Details
- Issue Price Rs 71/- to Rs 73/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price 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
- Lead Manager Pantomath Capital Advisors Private Limited
- Registrar Link Intime India Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Ritco Logistics Limited IPO is an SME IPO, priced at Rs 71/- to Rs 73/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 28, 2019 to Jan 30, 2019. The allotment is expected to be finalized on Feb 5, 2019, and the tentative listing date is Feb 7, 2019.
The registrar of the IPO is Link Intime India Private Limited, and
IPO Subscription Analysis And 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
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 - 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 |
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. You can track the real-time subscription numbers using the links below:
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 Ritco Logistics Limited IPO price band is set between Rs 71/- to Rs 73/- Per Equity Share .
Ans. To apply for Ritco Logistics Limited 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 Ritco Logistics Limited IPO allotment status online.
