The Reetech International Cargo IPO has begun on 27 Sep 2022. It will close on 29 Sep 2022. The Total IPO Size is 11.71 Crore. The company set its IPO price is 105 Rs Per Share. Basically, there are two basic categories in Reetech International Cargo IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).
Reetech International Cargo is established in 2008.
The started its operation in the year 2009-10 Initially the company was engaged in the business of agriculture goods such as Rice Milling, Rice Sorting, Dal Milling, Dal
Processing and Agriculture Products. The business of trading of Agriculture goods had been operated by the Company successfully in the past. In the year 2020, our promoters commenced business of trading of coal.
Reetech has emerged as one of the recognised suppliers of coal in the state of Chhattisgarh. They are based at Raipur, Chhattisgarh, and operations are spread across India, with a vide network of Customers. Our diversified product portfolio comprises coal from Indonesia, South Africa, Australian and India, among other origins. They supply our products to the customers in various sectors i.e., Power, Steel, Rolling and other industries.
Check :- Upcoming SME IPO 2022
Peers company
1) Anmol India Limited
2) Redington (India) Limited
Reetech International Cargo IPO Promotors
1) Mahendra Ahuja
2) Roma Ahuja
Reetech International Cargo IPO Date, Details & Price Band
| IPO Opening Dates | 27 Sep 2022 |
| IPO Closing Dates | 29 Sep 2022 |
| Price Band | 105 Rs Per Share |
| Fresh issue | 6.27 Crore |
| Offer for Sale | 5.43 Crore |
| Total IPO size | 11.71 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Reetech International Cargo IPO Market Lot
The Reetech International Cargo IPO minimum market lot is 1200 shares With 1,26,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 1,26,000 Rs |
| Maximum | 1 | 1200 | 1,26,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share | |
| 31-Mar-22 | 1727.52 | 11689.1 | 417.29 | 11.50 |
| 31-Mar-21 | 877.78 | 1842.41 | 30.1 | 0.83 |
| 31-Mar-20 | 396.17 | 18.99 | 13.98 | 0.39 |
Reetech International Cargo IPO GMP & Grey Market Premium
Reetech International Cargo IPO GMP/Grey market premium has been started today. Check Latest Reetech International Cargo IPO GMP, Kostak Rates and Subject to Sauda Price here.
Reetech International Cargo IPO Prospectus
| DRHP | Download |
| RHP | Download |
Reetech International Cargo IPO Reviews
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Reetech International Cargo IPO Form Download
Reetech International Cargo IPO is available on BSE Website as well as on our Portal. Please click here Reetech International Cargo IPO form Download.
Reetech International Cargo IPO Allotment Date & Details
| Allotment Date | 4 Oct 2022 |
| Initiation of refunds | 6 Oct 2022 |
| Transfer of shares to Demat accounts | 7 Oct 2022 |
| Listing Date | 10 Oct 2022 |
| Check Allotment Status | Click here |
Registrar of Reetech International Cargo IPO
GRETEX CORPORATE SERVICES LIMITED
Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-15,
Homi Modi Street, Fort, Mumbai– 400001, Maharashtra, India.
Tel No.: +91 22 4002 5273 / 96532 49863
Email: [email protected]
Website: www.gretexcorporate.com
Contact Person: Ms. Dimple Magharam Slun
SEBI Registration No: INM000012177
CIN: L74999MH2008PLC288128
Reetech International Cargo Contact Details
“Sai Kunj” Civil Lines,
Raipur- 492001, Chhattisgarh, India.
Contact Person: Ms. Chhaya Verma,
Company Secretary and Compliance Officer
Tel: + 91 7714003800;
E-mail: [email protected];
Website: www.reetechinternational.com
Reetech International Cargo IPO Lead Managers
BIGSHARE SERVICES PRIVATE LIMITED
Address: S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: [email protected]
Contact Person: Mr. Aniket Chindarkar
Website: www.bigshareonline.com
SEBI Registration Number: MB/INR000001385