Reetech International Cargo IPO Date, GMP, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KGTO Writer on September 23, 2022
Reetech International Cargo IPO date is fixed, The IPO will open on September 27 and will close on September 29, 2022. Reetech International Cargo is a BSE SME IPO to raise ₹11.71 crores via IPO. The Reetech International Cargo IPO price band is fixed at ₹105 with a market lot of 1200 shares.
Reetech International Cargo and Courier Ltd is one of the leading Coal Supplier in India. Their diversified portfolio comprises coal from Indonesia, South Africa and India, among other origins.
The company has good network of customers and operations spread across India. They provide services to the customers in Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway. REETECH is one of the leading traders of Coal and perform its operations from Gangavaram and other port.
Objects of the Issue:
- Working Capital Requirements.
- General Corporate Purposes.
Reetech International Cargo IPO Review
| Date | GMP | Kostak | Subject to |
| 23 September | ₹- | ₹- | ₹- |
Reetech International Cargo IPO Date & Price Band Details
| Reetech International Cargo IPO Open: | September 27, 2022 |
| Reetech International Cargo IPO Close: | September 29, 2022 |
| Reetech International Cargo IPO Size: | Approx ₹11.71 Crores, 1,114,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Reetech International Cargo IPO Price Band: | ₹105 Per Equity Share |
| Reetech International Cargo IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Reetech International Cargo IPO Market Lot
The Reetech International Cargo IPO minimum market lot is 1200 shares with a ₹126,000 application amount.
| Minimum IPO Lot Size: | Minimum 1200 shares for 1 lot |
| Minimum Amount: | ₹126,000 for 1 lot |
Reetech International Cargo IPO Dates
The Reetech International Cargo IPO date is September 27 and the IPO close date is September 29. The IPO allotment date is October 4 and the IPO might list on October 10.
| Reetech International Cargo IPO Open Date: | September 27, 2022 |
| Reetech International Cargo IPO Close Date: | September 29, 2022 |
| Basis of Allotment: | October 4, 2022 |
| Refunds: | October 6, 2022 |
| Credit to Demat Account: | October 7, 2022 |
| Reetech International Cargo IPO Listing Date: | October 10, 2022 |
You can check Reetech International Cargo IPO subscription status and Reetech International Cargo IPO allotment status on their respective pages.
Reetech International Cargo IPO Form
How to apply Reetech International Cargo IPO? You can apply Reetech International Cargo IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Reetech International Cargo IPO in the Invest section. The other option you can apply Reetech International Cargo IPO via IPO forms download via the BSE website. Check out the Reetech International Cargo forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Reetech International Cargo Company Financial Report
| ₹ in Crores | |||
| Revenue | Expense | PAT | |
| 2020 | ₹0.19 | ₹0.00 | ₹0.14 |
| 2021 | ₹18.42 | ₹18.02 | ₹0.30 |
| 2022 | ₹116.89 | ₹101.02 | ₹4.17 |
Reetech International Cargo IPO Valuation – FY2022
Check Reetech International Cargo IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹11.50 per Equity Share |
| Price/Earning P/E Ratio: | 9.13 |
| Return on Net Worth (RoNW): | 52.09% |
| Net Asset Value (NAV): | ₹154.51 per Equity Share |
Peer Group
- Anmol India Limited
- Redington (India) Limited
Company Promoters
- Mr. Mahendra Ahuja
- Ms. Roma Ahuja
Reetech International Cargo IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Reetech International Cargo IPO Allotment Status
Check Reetech International Cargo IPO allotment status on Bigshare website URL. Click Here
Reetech International Cargo IPO Lead Managers
- Gretex Corporate Services Pvt Ltd
Company Address
Reetech International Cargo and Courier Ltd
Raipur, 492001
Phone: + 91 7714003800
Email: [email protected]
Website: https://reetechinternational.com/
Reetech International Cargo IPO FAQs
What is Reetech International Cargo IPO?
Reetech International Cargo IPO is a BSE SME IPO. They are going to raise ₹11.71 Crores via IPO. The issue is priced at ₹105 per equity share. The IPO is to be listed on BSE.
When Reetech International Cargo IPO will open?
The IPO is to open on September 27, 2022 for NII, and Retail Investors.
What is Reetech International Cargo IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Reetech International Cargo IPO?
You can apply Reetech International Cargo IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Reetech International Cargo IPO through Zerodha?
How to Apply the Reetech International Cargo IPO through Upstox?
How to Apply the Reetech International Cargo IPO through Paytm Money?
What is Reetech International Cargo IPO Size?
Reetech International Cargo IPO size is ₹11.71 crores.
What is Reetech International Cargo IPO Price Band?
Reetech International Cargo IPO Price Band is ₹105 per equity share.
What is Reetech International Cargo IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹126,000.
What is Reetech International Cargo IPO Allotment Date?
Reetech International Cargo IPO allotment date is October 4, 2022.
What is Reetech International Cargo IPO Listing Date?
Reetech International Cargo IPO listing date is October 10, 2022. The IPO to list on BSE SME.
Note: The Reetech International Cargo IPO details are announced officially. The IPO grey market premium (Reetech International Cargo IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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